South Central Connecticut Planning Region County, CT · Sold

CT-159858

4660 County Road 242

$5,679,100

$17,984/ac · 316 ac

Offer report Market this tract

Acreage316 ac

Price per acre$17,984/ac

ZoningRecreational

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedApr 1, 2026

Coordinates41.2537, -72.7552

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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

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

View South Central Connecticut Planning Region market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope19.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,354 ft of deeded road frontage.

Power217 ft away

Power at or near the road.

Buildable area246.57 of 315.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$5,799,058

$4,593,021 – $7,005,096 · $18,364/ac on 316 ac

Asking vs estimate

-2.1%

In line with the comp set

Weighted from 7 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 $5,679,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$3,313,748

$10,494/ac · +30.0% target margin

You need $2,365,352 off asking to hit this margin.

All-in cost$3,595,417

Net resale$5,335,134

Projected profit$1,739,717

ROI+48.4%

Annualized+69.2%

Break-even resale$12,376/ac

Profit if resale lands off target

-20%

$672,690

-10%

$1,206,204

$1,739,717

+10%

$2,273,230

+20%

$2,806,744

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CT-679902 Gravel · Power at road	326.0	Jul 27, 2026	$8,002,000	24,545	24,829	9.9 mi	87
CT-609527 Paved · Full utilities	248.5	Dec 1, 2024	$8,059,000	32,436	22,528	2.9 mi	76
CT-119992 Dirt · Power at road	348.0	Oct 25, 2024	$4,353,600	12,511	16,104	3.4 mi	76
CT-839254 Landlocked · Power at road	203.9	Apr 17, 2026	$2,795,800	13,713	18,040	9.9 mi	74
CT-149992 Dirt · Off grid	348.0	Aug 3, 2024	$3,430,700	9,859	15,062	2.8 mi	73
CT-929367 Paved · Full utilities	221.3	Feb 23, 2026	$4,923,400	22,251	14,233	10.7 mi	72
CT-458298 Gravel · Off grid	102.0	Dec 9, 2025	$1,863,400	18,269	16,246	9.5 mi	69

Show adjustment detail for the top comp

Tract size (326.01 ac → 315.79 ac)+0.9%

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.

Build the listing kit Post a deal or JV