741 Echo Lake Rd, Watertown, CT 06795

$4,330,000

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List Price
$4,330,000
Status
ACTIVE
MLS#
24122642
Acres
17.29
Neighborhood
N/A

Property Description

Rare Opportunity to acquire and develop 17.29 Acres of land situated at intersection of Echo Lake Road and Buckingham Street [ Rte 262] in Watertown Ct Property is situated in an R-30 Zone District augmented by application of Residential / Office Transition Overlay Zone { Section 4.4 Watertown Zoning Regulation] Overlay Zone permits Multifamily Dwellings with density not to exceed 8 units Per Acres { Sec. 4.4 D. 4 WZR] Size & Zoning: 17.29 Acres - R-30 Zone + RT Transition Zone Overlay Unit Density: 8 units Per Acre Infrastructure: Public Water - Public Sewer - High Speed Internet - Schools Site Access: Corner of Echo Lake Road & Buckingham Street [ Ct Rte 262] Market Opportunity: Limited Multifamily Development / Together with Statewide Demand Site Plan Approval for Phase I - 21 Units - Per Site Plan

Additional Information

Taxes
$3,165
Lot Size
753,152
Elementary School
Per Board of Ed
Middle School
Per Board of Ed
High School
Watertown

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Calculator source: Real Geeks

Listing courtesy of Robert Ghent from Ghent Realty Advisors. (203) 543-2847 (203) 597-1077

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