The Greenbacker Brookfield is one of the largest farms now on the Connecticut market with over 400 acres. It has been in operation for over 100 years and is ready now for a new multi-generation family to take the reins or for a progressive investor. There is ample accommodation with 7 houses that have 29 bedrooms for the family to share. (The average size farm in CT is approximately 80 acres). The current owners are using 4 houses and renting 3 other homes. The investor agriculture buyer may also generate rental income from the farm’s other rental property; 1. a Two story 35×50 horse barn, 2.a 35×80 stable with 1.5 story horse stalls. 3 a. Barn with double row stalls and indoor riding arena, 4. a 4-bay garage, 5. Dairy barn, and Chicken coops, etc.. These items may also be considered depreciable property (see your tax advisor). Other sources of income from the farm would include renting land for; 1, growing crops (92 acres of cropland leased, currently), 2, Durham Fair parking. 3, pastureland (20 acres of pasture leased, currently), 4, hunt club (land leased currently), 5, equestrian rental (stable & indoor/outdoor riding, currently leased) and for dairy farming. Potential income may come from establishing a farm stand, growing grapes/ winery, Christmas tree sales, blue berries, and more. The State of Connecticut Conservation Restriction requires this property to be ‘agriculture in nature’ according to development rights the state acquired approximately 70 years ag
Listing courtesy of Gary Dobratz at Century 21 AllPoints RealtyProperty Details
Price:
$4,100,000
MLS #:
24015202
Status:
Active
Baths:
0
Address:
148 & 153 Wallingford
Type:
Land
Subtype:
Agricultural Land
City:
Durham
Listed Date:
May 4, 2024
State:
CT
ZIP:
06422
Lot Size:
18,055,620 sqft / 414.50 acres (approx)
See this Listing
Tom Vanacore is a real estate professional who takes his business extremely seriously. His results speak for themselves, as he has a proven action-oriented plan to get your home sold quickly and for the best price possible.
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- Address148 & 153 Wallingford Durham CT
- CityDurham
- CountyMiddlesex
- Zip Code06422
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148 & 153 Wallingford
Durham, CT
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