1536 & 1564 Monroe Tpke, Monroe, CT 06468

$1,295,000

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List Price
$1,295,000
Status
ACTIVE UNDER CONTRACT
MLS#
24156392
Acres
31
Subdivision
Sun Valley Glen
Neighborhood
Stevenson

Property Description

A rare opportunity to bring an entirely new cul-de-sac neighborhood to market in Monroe, Sun Valley Glen is a fully approved 8-lot subdivision set on 31 acres. Approximately 14 (of the 31) acres designated as protected town-owned open space that enhances privacy and preserves the natural character of the setting. Each approved lot is a minimum of 1.5 acres and designed to accommodate four-bedroom homes, with several offering walk-out basement potential, and septic feasibility testing indicates no ledge with documentation available. The subdivision is approved for a 28-foot wide curb-to-curb road to be town maintained upon completion, and the overall layout creates a cohesive neighborhood setting with estate-sized homesites. Located within Monroe's nationally recognized Blue Ribbon School District, the property offers beautiful westerly sunset views and a setting aligned with the expectations of today's new construction buyer. Opportunities to introduce a fully approved subdivision of this scale in Monroe are increasingly limited, positioning Sun Valley Glen as a compelling offering for a developer seeking to deliver eight building lots / new homes within a thoughtfully designed neighborhood in a market where demand for quality new construction continues to exceed available inventory. Inquire for road cost estimates, perc testing, surveys and additional documents. With approvals complete and due diligence finalized, Sun Valley Glen is a turnkey development opportunity!

Additional Information

Taxes
$113
Lot Size
1,350,360
Sewer
Septic Tank
Water Source
Private Well
Elementary School
Per Board of Ed
Middle School
Jockey Hollow
High School
Masuk

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Calculator source: Real Geeks

Listing courtesy of Matt Nuzie from RE/MAX Right Choice. (203) 642-0341 (203) 268-1118

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