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$ 1,295,000
Est. payment /mo
Active
1536 & 1564 Monroe Turnpike Monroe, CT 06468
31 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Sun Valley Glen
MLS Listing ID 24156392
Annual Tax Amount $113
Lot Size 31.000 Acres
Property Sub-Type Residential Land
Property Description
A rare opportunity to bring an entirely new cul-de-sac neighborhood to market in Monroe, Sun Valley Glen is a fully approved 8-lot subdivision set on 31 acres. Approximately 14 (of the 31) acres designated as protected town-owned open space that enhances privacy and preserves the natural character of the setting. Each approved lot is a minimum of 1.5 acres and designed to accommodate four-bedroom homes, with several offering walk-out basement potential, and septic feasibility testing indicates no ledge with documentation available. The subdivision is approved for a 28-foot wide curb-to-curb road to be town maintained upon completion, and the overall layout creates a cohesive neighborhood setting with estate-sized homesites. Located within Monroe's nationally recognized Blue Ribbon School District, the property offers beautiful westerly sunset views and a setting aligned with the expectations of today's new construction buyer. Opportunities to introduce a fully approved subdivision of this scale in Monroe are increasingly limited, positioning Sun Valley Glen as a compelling offering for a developer seeking to deliver eight building lots / new homes within a thoughtfully designed neighborhood in a market where demand for quality new construction continues to exceed available inventory. Inquire for road cost estimates, perc testing, surveys and additional documents. With approvals complete and due diligence finalized, Sun Valley Glen is a turnkey development opportunity!
Location
State CT
County Fairfield
Zoning RF2
Exterior
Utilities Available Electric
Waterfront Description Not Applicable
Building
Lot Description In Subdivision, On Cul-De-Sac
Sewer Septic
Water Private Well
Schools
Elementary Schools Per Board Of Ed
Middle Schools Jockey Hollow
High Schools Masuk
Others
Virtual Tour https://tour.realtyplans.com/videos/019c0ad7-f0d4-71dd-8ae6-cacb2c216664
Listed by Matt Nuzie • RE/MAX Right Choice
Nearby Locations