Heatherwood

Eastwood - Padanaram Road Danbury, CT 06811

Eastwood - Padanaram Road, Danbury, CT, 06811
Eastwood - Padanaram Road, Danbury, CT, 06811 Eastwood - Padanaram Road, Danbury, CT, 06811 Eastwood - Padanaram Road, Danbury, CT, 06811 Eastwood - Padanaram Road, Danbury, CT, 06811
FOR SALE
Property Type:
Residential Land Development
Amount:
$1,590,000
Last Verified:
Apr 25, 2024

Highlights

  • Fully approved development with valid permit until 2036
  • Detailed site plans for stream-lined construction process
  • Water and sewer would come from the street/High School
  • Proximity to schools for potential family-oriented development
  • Easy access off I-84 at Exit 6 for convenient commuting
  • Quick commute to New York for potential residents

Description

The lot begins at the dead end of Eastwood Road. It is an expansive 74.15-acre parcel that is primed for development, boasting approval for 37 single-family units. Each residence offers ample space with a footprint of approximately 1,232 square feet, totaling an impressive 2,464 square feet per unit. Situated in a highly desirable location, this property comes with pre-approved plans from the town, ensuring a smooth development process. At an attractive price of just $42,973 per lot, this opportunity presents remarkable potential for significant returns on investment.

Nestled in Danbury, CT, the property's location offers a mix of city living and natural beauty. Main Street, just moments away, provides diverse dining, shopping, and entertainment options. Nearby, Tarrywile Park and Mansion offer a serene escape, while Candlewood Lake provides abundant opportunities for leisure and recreation. This area's blend of urban vibrancy and scenic landscapes makes it a compelling choice for land and residential investors seeking an idyllic location with diverse lifestyle amenities. The lot is also walkable to Danbury High School and is located in a residential neighborhood/cul de sac.

Lot Size: 74.15 acres


Documents

Brochure (P)

Map of Eastwood - Padanaram Road, Danbury, CT, 06811

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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