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1427 Kings Highway, Fairfield, Ct - Residential Development Opportunity 0.31 Acres of Residential Land Offered at $1,249,000 in Fairfield, CT 06824
INVESTMENT HIGHLIGHTS
- Approved for 18-unit, 4-story apartment building with 24 covered parking spaces on 0.31 acres.
- Located in a Designed Commercial District (DCD) with 100% clear, level land.
- Two units deed-restricted for affordable housing, supporting housing diversity.
- Priced at $1,249,000 with strong demand for upscale housing in vibrant Black Rock.
- Steps from bus stop, 0.2 mi to train station, and 0.6 mi to I-95—ideal for commuters.
- Surrounded by top amenities: Whole Foods, Home Depot, daycare, fitness clubs & more.
EXECUTIVE SUMMARY
Located at the signalized intersection of Kings Highway and Ash Creek Boulevard, the property offers excellent accessibility. It is just steps from a Greater Bridgeport Transit bus stop, 0.2 miles from the Fairfield Black Rock train station, and 0.6 miles from I-95 (Exit 24), making it highly convenient for commuters. The surrounding neighborhood is pedestrian-friendly and amenity-rich, with shopping, restaurants, and entertainment all within walking distance. Notable nearby establishments include Bright Horizons daycare, Whole Foods Market, The Home Depot, and The Edge Fitness Clubs—making it an ideal location for both families and professionals.
The property is positioned within the vibrant Black Rock community, directly across the street from Stone Ridge Condominiums, a luxury 70-unit residential complex where a two-bedroom unit sold for $760,000 in June 2025. It is also located near Alto Fairfield Metro, a modern apartment development with rental prices ranging from $2,393 to $6,251 per month, underscoring the area’s strong demand for upscale housing. With its approved development plans, outstanding location, and proximity to essential services and transit, 1427 Kings Highway offers a rare and valuable opportunity for residential investment in one of Fairfield County’s most desirable neighborhoods.
For more information, please contact Jon Angel, President, or Eva Kornreich, Vice President, Angel Commercial, LLC, at (203) 335-6600, Ext. 23.
PROPERTY FACTS
| Price | $1,249,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.31 AC |
| Property Type | Land | ||
| Zoning | DCD - Designed Commercial District | ||
| Price | $1,249,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.31 AC |
| Zoning | DCD - Designed Commercial District |
1 LOT AVAILABLE
Lot
| Price | $1,249,000 | Lot Size | 0.31 AC |
| Price Per AC | $4,029,032.26 |
| Price | $1,249,000 |
| Price Per AC | $4,029,032.26 |
| Lot Size | 0.31 AC |
.31 level acres. Within a Designed Commercial District (DCD) Zone, the property provides 100% clear and level land with approved plans for a 21,054 SF four-story, 18-unit residential apartment building
DESCRIPTION
0.31 acres of level undeveloped land at the corner of Ash Creek Blvd and 1427 Kings Highway in Fairfield, Connecticut,. This parcel is located within a Designed Commercial District (DCD) Zone, and has approved plans for a 21,054 SF four-story, 18-unit residential apartment building. It is just steps from a Greater Bridgeport Transit bus stop, 0.2 miles from the Fairfield Black Rock train station, and 0.6 miles from I-95 (Exit 24), making it highly convenient for commuters. The surrounding neighborhood is pedestrian-friendly and amenity rich, with shopping, restaurants, and entertainment all within walking distance. Notable nearby establishments include Bright Horizons daycare, Whole Foods Market, The Home Depot, and The Edge Fitness Clubs—making it an ideal location for both families and professionals. The property is positioned within the vibrant Black Rock community.
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1427 Kings Highway, Fairfield, Ct - Residential Development Opportunity
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