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520 Bailey Hill, Killingly, CT 06241
   
520 Bailey Hill, Killingly, CT 06241
644.16 Acres

$5,900,000
3193 Days on Market - Active


50 acre secluded lake on 644 acre wilderness tract including 3 smaller ponds, 2 streams in connecticut's quiet northeast corner. absolute peace, quiet and security with no public access. with 9,000' of direct water frontage, the lake affords numerous building sites some with sunrise/sunset views along with private boating, swimming and fishing. for the nature lover, this is heaven on earth. abundant wildlife provides excellent hunting as well. no traffic noise. star gazing is unparalleled. miles of gravel roads provide vehicular access to the interior hidden lake and ponds. for the developer, the entire tract is approved for 135 cluster lots (30 ready immediately). zoning regulations allow and recorded engineering data show the feasibility for various other uses including family compound, large estate lots, recreational, corporate headquarters, etc. a monolith tower in a remote corner not visible from a vast majority of the property provides strong cell service (lessee is responsible for annual real estate taxes of $3,378 of the total $9,221). seller options: 245+/- acres with 15 acre pond $2,500,000 (listing # 170604362) or 400+/- acres with big lake and 2 smaller ponds $4,500,000 (listing # 170604053). distance to providence 23 miles, foxwoods casino 30 mi, hartford 50 miles, boston 60 miles, new york city 150 miles. several major airports are within one hour's drive. local airstrips are also available for small planes. (one of the owners is a licensed ct re broker).

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Details
  • 644.16 Acres
  • 135 Lot(s)

Additional Details
  • 4316ft of Frontage
  • TOWN,PAVED
  • RURAL
  • Subdividable

Location
  • Tri-Lakes,LLC Sub-Division
  • Direct Waterfront
  • Brook, Lake, View
  • Level Lot, Lightly Wooded, Sloping Lot

Utilities
  • Well Required
  • Septic Required

Taxes
  • $319,380 Assessment
  • 28.87 Mill Rate
  • $9,221 Taxes

Schools
  • PBOE Elementary
  • PBOE Middle
  • PBOE Intermediate
  • PBOE High

Source
  • CT Smart MLS
  • MLS ID L10060067

Real Estate Agent
  • Agent: J. Thomas Mettling
  • Broker: J. Thomas Mettling
  • Phone: (860) 485-4363


Map of 520 Bailey Hill, Killingly, CT 06241

Directions to 520 Bailey Hill, Killingly, CT 06241
Land borders Rhode Island state line. From Rte 395 in Killingly, take exit 41 to East on Rte 101 to Bailey Hill Rd. South on Bailey Hill Rd 1 mile to property on the left. Frontage also on North side of Ledge Rd.

Go To Google Maps for Directions


Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $5,900,000   |   Downpayment @ 20.00%: $1,180,000

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$32,711


Monthly Cost Estimate: $32,711
  • Mortgage: $31,943
  • Taxes: $768
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $392,537
  • Mortgage: $383,316
  • Taxes: $9,221
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $12,956,111
  • Mortgage: $11,499,481
  • Taxes: $276,630
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $1,180,000

Go To Mortgage Calculator


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This real estate listing for sale at 520 Bailey Hill has 644.16 acres. It is located in the Killingly, CT area with the 06241 zip code. For more info about the property at 520 Bailey Hill, Killingly, CT 06241 or if you would like to schedule a showing, please contact the listing agent above.

Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.