499 Highway 164

Preston, CT 06365

$795,000
Last Sold Price
4,890,481 / 112.27
Lot Size / Acres
Get preapproved with Rocket Mortgage1
Closed 6/23/21
Closed 6/23/21

Description

115+ majestic acres of open pastures, hayfields and lightly wooded property. This picturesque landscape features two ponds, a brook - Broad Brook, stonewalls and wonderful vistas throughout the rolling acreage. A conceptual design for a possible sub-division is available illustrating 22 building lots ranging in size from 1.5 acres to 15 acres. All the potential lots would be accessible with the existing frontage. There is 1300+ feet of frontage on Route 164 and over 1400 feet of frontage on Krug...115+ majestic acres of open pastures, hayfields and lightly wooded property. This picturesque landscape features two ponds, a brook - Broad Brook, stonewalls and wonderful vistas throughout the rolling acreage. A conceptual design for a possible sub-division is available illustrating 22 building lots ranging in size from 1.5 acres to 15 acres. All the potential lots would be accessible with the existing frontage. There is 1300+ feet of frontage on Route 164 and over 1400 feet of frontage on Krug Road. In addition the property has the potential for a golf course, a campground and an organic farm. This Mystic Country property is just minutes to Foxwoods Casino, Mohegan Sun, the CT and RI Shoreline. Easy access to I395 and midway between NYC and Boston.
  1. Listed by Dave Thomas • William Pitt Sotheby's Int'l
    P: (860)-367-1452 C: (860)-367-1452 dthomas@wpsir.com

Property Details for 499 Highway 164

Direct Waterfront
No
Location
Rural, Other
Neighborhood
N/A
LISTING CLOSED: 06/23/2021 12:00 AM

Property Details for 499 Highway 164

StatusClosed
MLS #170373440
Days on Market90
Taxes$472 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Residential Land
Year Built-
Lot Size112.27 AC
CountyNew London County
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Location

Listing Courtesy of William Pitt Sotheby's Int'l, Dave Thomas

Sold By William Pitt Sotheby's Int'l, Dave Thomas

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Building Information for 499 Highway 164

Lot Size112.27 AC

Payment Calculator

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$4,080 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,041

Property Taxes

$39

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 499 Highway 164

Summary
Property and Location
  • Acres Source: Owner
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.556473
  • Longitude: -71.970634
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Special Association Assessment: No
  • Tax Year: July 2020-June 2021
  • Property Tax: $472
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Brook
Property
Property and Assessments
  • Road Frontage Approximate: 2900
  • Road Frontage Description: State Road, Municipal Street, Paved Road
  • SubdividableU: Unknown
  • Bank Owned Property: No
Lot Information
  • Documents Available: Plot Plan/Survey
  • Lot Description: Farm Land, May be Subdividable, Additional Land Avail., Cleared, Water View, Rolling
  • Parcel Number: 1558776
  • Zoning: R-60
Utilities
  • Septic Approval YN: No
  • Septic Plan Available YN: No
  • Sewage System: Septic Required
  • Utilities Available: Electric, Phone Available, Cable Available
  • Water Source: Well Required
Multi Family
Building Details
  • Lots Number Of: 1

Property History for 499 Highway 164

DateEvent & SourcePriceAppreciation
Jun 21, 2021

Closed (Public Record)

Public Record #1465041587

$795,000—
DateEvent & SourcePrice
06/21/2021

Closed (Public Record)

Public Record #1465041587

$795,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 499 Highway 164

Taxable ValueLand$37,100Additions-Total$37,100
Tax Record2024$932 ($78 / month)
Home Facts
Lot Size5,009,400 SqFtStyleMiscellaneous AgriculturalZoningR-60CountySOUTHEASTERN CONNECTICUTAPNPRES M:3-0 B:164 L:499

Schools near 499 Highway 164

This home is within Preston School District.
Rating
School
Type
Grades
Distance
Preston Veterans' Memorial School
Public - PK to 5
Preston Plains School
Public - 6 to 8
Rating
School
Distance
Preston Veterans' Memorial School
PublicPK to 5

Preston Plains School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
459 Highway 164, Preston, CT 06365
$359,900
4
2,040
4.35
463 Highway 164, Preston, CT 06365
$168,150
4
2,032
3.24
177 Krug Road, Preston, CT 06365
$94,000
–
–
–
7.15
465 Highway 164, Preston, CT 06365
$60,000
4
2
1,398
1.76
216 Krug Road, Preston, CT 06365
–
3
2.5
2,658
2.51

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Pitt Sotheby's Int'l, Dave Thomas

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.