64 Whippoorwill Road, Franklin, CT, 06254 | $550,000

Farm, Luxury Home or Possibly Affordable Housing. Rare 27. 47-Acre Estate or Development Parcel in Franklin's Countryside This expansive 27. 47-acre tract on Whipporwill Hollow Road offers a unique blend of privacy, scale and flexibility - ideal for a luxury estate build or as a development site with potential for affordable housing. Property Highlights Generous acreage - With nearly 28 contiguous acres, this parcel stands out in a region where large tracts are increasingly scarce. Estate potential - For the buyer seeking a bespoke home, this site offers space for a main residence, guest house or pool, expansive lawns or meadows, wooded buffer zones and sweeping rural views. Affordable-housing/leverage potential - Given the near-term market dynamics and local policy context (see below), the land may also support a development scheme incorporating deed-restricted affordable units or mixed-income housing, subject to zoning, approvals and infrastructure. Quiet accessibility - Whipporwill Hollow Road offers the tranquility of rural Connecticut with reasonable access to nearby amenities. Natural setting & lifestyle appeal - Mature trees, open clearings and the serene setting combine to create a country lifestyle with room to roam, garden, ride, hike or simply retreat. Local Context - Affordable Housing Ratio According to the Town of Franklin's most recent Plan of Conservation & Development (effective November 1, 2023), the affordable housing inventory - measured under Connecticut General Statute 830g (which counts certain deed-restricted, income-qualified units) - is approximately 5. 97% of the town's housing stock. Because Franklin has not yet reached the 10 % threshold, it remains subject to the appeals provisions of 8-30g; local policy guidance even recommends that future larger residential development proposals include at least 10 % of units as affordable. Franklin CT In broader reporting, Franklin was noted with an approximate 3. 9 % affordable rate in earlier years - reflecting recent incremental increases. Why This Matters For an estate buyer: The low percentage of affordable housing in town reinforces the rarity of development opportunities like this, and the land's scale gives significant flexibility in layout, design and landscaping. For a developer or investor targeting affordable/mixed-income: The town's sub-10 % ratio means this community remains eligible for the 8-30g "safe harbor" appeals path - meaning proposals with deed-restricted affordable units may have an easier path under state law. For a hybrid or long-term investor: The property's size and rural character allow for phasing-start with an estate build and later subdivide or develop part of the parcel for affordable or workforce housing when market and approvals align. Use-Case Ideas Luxury Estate: Nestle a signature home and outbuildings among woodlands and meadows, with private drive, pond or pool, and expansive grounds for recreation or equestrian use. Estate + Guest/Staff Wing: Create a multi-structure compound - main house, guest cottage or caretaker's unit, barn or studio space - leaving the remainder of the acreage as preserved natural lands or future build-sites. Affordable Housing/Mixed-Income Project: Partner with a housing nonprofit or developer to craft a plan where a portion of the acreage is subdivided for smaller-scale residential units, workforce cottages or multifamily units with deed-restricted affordable homes, while the rest remains open or residential. Combination Strategy: Build the estate now and hold a portion of the acreage for future development

Features