A big parcel of undeveloped land in Connecticut might be yours for a cool $85 million sum.
Daniel Milstein for Sotheby’s Worldwide Realty
One other giant parcel of Connecticut land that after belonged to a baking powder baron has hit the market asking massive bucks.
An approximate 52-acre waterfront unfold subsequent to Nice Island in prosperous Darien — the latter of which, a 60-acre non-public island, just lately entered contract for greater than $100 million — has listed for $85 million, the Wall Avenue Journal experiences.
Referred to as Ziegler Farm, this Lengthy Island Sound-front property was additionally owned by the baking powder entrepreneur William Ziegler. Along with the contiguous Nice Island, which the city of Darien itself will buy in a deal that hasn’t but closed, they’re a few of the largest undeveloped parcels within the space, the Journal notes.
Ziegler bought Nice Island circa 1900 as a summer time retreat; separate branches of the household now personal these heaps.
Ziegler Farm, whose itemizing photos present a first-rate shorefront perch dotted with a number of species of timber, has only one constructing on it: an previous cow barn. There are additionally two paved roads and fixtures together with water and sewer strains. (Nice Island, in the meantime, consists of an unique home and an equestrian facility.)
The itemizing particulars the Ziegler Farm land comes with accepted plans to assemble as much as 14 houses, which means a giant advertising nod to a developer seeking to construct a small neighborhood, or a deep-pocketed particular person purchaser with an eye fixed on making a compound.
The descendants are reportedly promoting as a result of their “lives are going in several instructions.”
Leslie McElwreath and Joseph Barbieri of Sotheby’s Worldwide Realty, Greenwich Brokerage, have the itemizing.
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