Price Reduced 9.82%


Price History

$499,000
11/7/2023

$450,000
2/12/2024


0 Silver Ridge Lane, Naugatuck, (Millville), CT, 06770

0 Silver Ridge Lane, Naugatuck, (Millville), CT, 06770

Perfect opportunity to pick up where the previous builder left off, and make some money doing so! 13 building lots in this planned unit development are available immediately for development into new single family homes. Take advantage of these times where buyers are digging for "turn-key" properties. Naugatuck has seen a rise in new construction within the past year and a demand-surge for new homes. Choosing these remaining lots as your next development project will allow you to offer homeowners a unique product with the bonus of having their yard work covered with the HOA in place. Silver Ridge Lane is an established community which will present itself to homebuyers as a well-manicured, thoughtfully laid out, and conveniently situated sub-division where it's secluded enough for comfortable living but close enough to main roads for commuters who may need that convenience. The HOA fee begins only when the homes are up, and will eventually cover the end-user's yard maintenance, trash fee, and exterior insurance. Most of the work that goes into a new sub-division is already done here. These lots are shovel ready with town approvals in place and laterals to the lots! Buyer will have the option to do their own due diligence, but many original lot maps, building plans, and other project info are available to review. Seller is open to consider creative financing options for the right buyer. Inquire today to take part in this lucrative and exciting project!


Status:

Active

Town:

Naugatuck

Type:

Lot / Acreage

Zoning:

R15

Frontage:

State Road,Private Road,Cul-De-Sac

Subdivision:

Silver Ridge Lane

Common Charge:

$480 Monthly

Acreage:

7.77

Est. Taxes:

$3,023

Assessment

$67,550

HOA Fee

$480

Utilities

Electric,Telephone,Cable

Lot Description:

On Cul-De-Sac,In Subdivision,Dry,Treed,Professionally Landscaped

Amenities:

None

Elementary School:

Hop Brook

Middle School:

Hillside

High School:

Naugatuck

Days on Market:

172

MLS #:

170608919


Community Info

School Info


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Listing courtesy of Zachary Nichols, Realty Exclusive LLC Email: znichols@realtyexclusivect.com