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Northwest Hills Planning Region County, CT · Sold

CT-577657

8538 County Road 216

$654,600
$10,211/ac · 64.11 ac
Acreage64.11 ac
Price per acre$10,211/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedOct 13, 2023
Coordinates41.7852, -73.2561
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Northwest Hills Planning Region County, Connecticut. Scarce buildable inland lots; approvals matter more than acreage.

View Northwest Hills Planning Region market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope27.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,052 ft away

A long utility run — price in solar/off-grid instead.

Buildable area36.85 of 64.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$692,907
$543,667$842,146 · $10,808/ac on 64.11 ac
Asking vs estimate
-5.5%
Priced below the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $654,600
Maximum allowable offer
$395,947
$6,176/ac · +30.0% target margin

You need $258,653 off asking to hit this margin.

All-in cost$429,602
Net resale$637,474
Projected profit$207,872
ROI+48.4%
Annualized+69.2%
Break-even resale$7,284/ac
Profit if resale lands off target
-20%
$80,377
-10%
$144,124
0%
$207,872
+10%
$271,619
+20%
$335,366
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-857632
Gravel · Power at road
63.0Jun 1, 2025$846,20013,44110,2824.6 mi
82
CT-328514
Paved · Off grid
119.3Jul 27, 2026$1,103,8009,2547,8348.4 mi
75
CT-949118
Paved · Full utilities
184.8Jul 27, 2026$2,974,70016,10110,6707.0 mi
74
CT-335753
Paved · Off grid
16.1Jul 27, 2026$345,80021,42712,4598.5 mi
72
CT-818683
Dirt · Full utilities
134.8Jul 21, 2025$1,402,60010,4059,0626.5 mi
68
CT-299936
Landlocked · Off grid
334.1Dec 31, 2025$2,556,9007,65215,3127.5 mi
61
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (14 mo)+5.1%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.