Est. Mortgage: $/month
- Acreage 41.54
- MLS Status Active
- Other Amenities Golf, Waterfront
- Zoning RL
This pristine and beautifully sloped approx. 41.54 acre site in the Town Plot and Country Club neighborhood area is located in the lower southwestern quadrant of Waterbury is convenient to Rte 8 and I84 and neighboring towns of Middlebury and Naugatuck. The city of Waterbury desires to have this property developed into a 150+/- units, Adult 55+ years required town home complex. The city has indicated that it will provide up to a a 35% real estate tax incentives for 15 years(2038) with the possibility of extensions. This site has never been developed so there is no residual from any commercial or industrial past. The uppermost portion of the site borders Murray Park and offers scenic views . The surrounding properties include mostly moderate priced single family homes and support businesses. This site has close proximity to two major hospitals, St. Mary's and Waterbury, Waterbury Country club with a golf course, Brass Mill Center and Commons and the Palace Theater. See Addendum for more information.