Price Reduced 9.82%
Price History
$499,000
11/7/2023
$450,000
2/12/2024
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