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441 Opening Hill Rd 15.36 Acres of Commercial Land Offered at $1,975,000 in Madison, CT 06443
Investment Highlights
- Prime Location for 5-6 Luxury Homes
- 2 Stocked spring fed ponds on the South end of the property.
- Includes an Updated 4 bedroom Cape with over 2400 sqft of living space walk out part fin basement Garage Huge Rental instant income 4-5000 mo
Executive Summary
15+ Acre Subdivision Opportunity – Pre Engineering for 5 Additional Lots
Prime development opportunity with over 15 acres and 800+ feet of frontage on Opening Hill Road, located south of Route 80. This property offers a strong combination of immediate usability and future upside.
Key Highlights:
Engineering completed identifying 5 additional ~2-acre buildable lots
Significant road frontage supports subdivision layout and access
Two spring-fed ponds add premium lot appeal and potential value enhancement
Existing 2,446 sq ft 4BR Cape can serve as:
Primary residence during development
Rental income property
Saleable asset to offset project costs
Existing Home Features:
Updated kitchen / family room with elevated water views
2 wood-burning fireplaces
Walk-out basement (partially finished)
Attached garage under
Walk-up attic with expansion potential (ideal for value-add prior to resale)
Development Potential:
Ideal for estate-lot subdivision (2-acre zoning concept already engineered)
Natural topography and water features support premium pricing strategy
Opportunity for phased development while maintaining cash flow from existing structure
Investment Upside:
Pre-engineered lot yield reduces upfront planning risk
Strong appeal for custom home builders or spec developers
Scarcity of large parcels with water features enhances exit value
Prime development opportunity with over 15 acres and 800+ feet of frontage on Opening Hill Road, located south of Route 80. This property offers a strong combination of immediate usability and future upside.
Key Highlights:
Engineering completed identifying 5 additional ~2-acre buildable lots
Significant road frontage supports subdivision layout and access
Two spring-fed ponds add premium lot appeal and potential value enhancement
Existing 2,446 sq ft 4BR Cape can serve as:
Primary residence during development
Rental income property
Saleable asset to offset project costs
Existing Home Features:
Updated kitchen / family room with elevated water views
2 wood-burning fireplaces
Walk-out basement (partially finished)
Attached garage under
Walk-up attic with expansion potential (ideal for value-add prior to resale)
Development Potential:
Ideal for estate-lot subdivision (2-acre zoning concept already engineered)
Natural topography and water features support premium pricing strategy
Opportunity for phased development while maintaining cash flow from existing structure
Investment Upside:
Pre-engineered lot yield reduces upfront planning risk
Strong appeal for custom home builders or spec developers
Scarcity of large parcels with water features enhances exit value
Property Facts
1 Lot Available
Lot 102//5//
| Price | $1,975,000 | Lot Size | 15.36 AC |
| Price Per AC | $128,580.73 |
| Price | $1,975,000 |
| Price Per AC | $128,580.73 |
| Lot Size | 15.36 AC |
PRIME MADISON DEVELOPMENT OPPORTUNITY 15 ACRES, Fully Surveyed lightly wooded on rural settled country road property includes a 2440 sq ft 4 bedroom 2 bath home completely updated with 2 spring fed, stocked ponds on the southern end of the property,
Description
Family property selling for development. 588 feet of frontage on Opening Hill Road dips down to a rolling meadow and extends West into wooded lots, One building lot could be on Opening Hill with roadway extending to cul-de-sac location with private driveways to the Residences. New Construction Comps at 1.5m for 35--4000 sq 4 bedroom homes.
Not walkable
10/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | MADI-000102-000000-000005 | Improvements Assessment | $252,600 |
| Land Assessment | $135,000 | Total Assessment | $387,600 |
Property Taxes
Parcel Number
MADI-000102-000000-000005
Land Assessment
$135,000
Improvements Assessment
$252,600
Total Assessment
$387,600
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441 Opening Hill Rd