XOXO River Rd Active Save Request In-Person Tour Request Virtual Tour
Willington,CT 06279
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73293945
Annual Tax Amount $49
Tax Year 2024
Lot Size 85.980 Acres
Property Sub-Type Residential
Property Description
Developer wanted! 85.98 acres with 2,313' of road frontage is 30 seconds from I-84 exit 70. 4% interest construction loans available to developers, numerous programs sponsored by the state to address CT's affordable housing crisis, defined as at least 20% affordable & 50% moderate income level units, including state subsidized & non-subsidized units, senior 55+ and assisted living units. Public act 87-441 provides grants, loans & deferred loans for acquiring land. CHFA tax credits to developers up to $10 million annually. Per 2024 law affordable rental units to be assessed/taxed based on net rental income, not market value. Besides frontage for lots, the land has a nearly level area 250' x 600' parallel to RT 32. Willington's only senior housing facility, Willington Woods, is a 32 unit 70' x 200' building. Land abuts trout stocked Roaring Brook, diagonal across from town park with fields, pavilion & paved level walking trail. Google says 23 min to Hartford, 13 min to Rockville Hospital
Location
State CT
County Tolland
Zoning R80
Exterior
Community Features Park,Walk/Jog Trails,Stable(s),Conservation Area,Highway Access,Public School,University
Waterfront Description Waterfront,Beach Front,Stream,Creek,Beach Ownership(Public)
Building
Lot Description Rolling Slope,Wooded
Sewer Private Sewer
Water Private