Xoxo River Rd, Willington, CT

$699,900

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85.98

Acres

About Xoxo River Rd

Developer wanted! 85.98 acres with 2,313' of road frontage is 30 seconds from I-84 exit 70. 4% interest construction loans available to developers, numerous programs sponsored by the state to address CT's affordable housing crisis, defined as at least 20% affordable & 50% moderate income level units, including state subsidized & non-subsidized units, senior 55+ and assisted living units. Public act 87-441 provides grants, loans & deferred loans for acquiring land. CHFA tax credits to developers up to $10 million annually. Per 2024 law affordable rental units to be assessed/taxed based on net rental income, not market value. Besides frontage for lots, the land has a nearly level area 250' x 600' parallel to RT 32. Willington's only senior housing facility, Willington Woods, is a 32 unit 70' x 200' building. Land abuts trout stocked Roaring Brook, diagonal across from town park with fields, pavilion & paved level walking trail. Google says 23 min to Hartford, 13 min to Rockville Hospital

Features of Xoxo River Rd

MLS® # 73293945
Price $699,900
Bathrooms 0.00
Acres 85.98
Type Land
Sub-Type Residential
Status Active

Community Information

Address Xoxo River Rd
City Willington
County Tolland
State CT
Zip Code 06279

Amenities

Is Waterfront Yes
Waterfront Waterfront, Beach Front, Stream, Creek, Beach Ownership(Public)
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Rolling Slope, Wooded

Additional Information

Zoning R80

Listing Details

Agent Dennis Duga
Office Dr. LAND

Listing Map

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