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Western Connecticut Planning Region County, CT · Sold

CT-957497

664 County Road 340

$1,638,100
$28,693/ac · 57.09 ac
Acreage57.09 ac
Price per acre$28,693/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedDec 4, 2023
Coordinates41.3340, -73.5390
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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

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

View Western Connecticut Planning Region market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,354 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area51.04 of 57.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,377,818
$1,159,451$1,596,186 · $24,134/ac on 57.09 ac
Asking vs estimate
+18.9%
Priced above the comp set

Weighted from 5 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 $1,638,100
Maximum allowable offer
$787,325
$13,791/ac · +30.0% target margin

You need $850,775 off asking to hit this margin.

All-in cost$854,248
Net resale$1,267,593
Projected profit$413,345
ROI+48.4%
Annualized+69.2%
Break-even resale$16,264/ac
Profit if resale lands off target
-20%
$159,827
-10%
$286,586
0%
$413,345
+10%
$540,104
+20%
$666,864
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CT-528467
Dirt · Power at road
115.3Apr 15, 2026$1,307,40011,34122,6771.0 mi
79
CT-988773
Dirt · Off grid
143.9Jul 21, 2026$1,236,8008,59621,1824.7 mi
76
CT-176499
Landlocked · Power at road
27.7Jul 27, 2026$426,30015,38328,6113.6 mi
75
CT-728324
Dirt · Full utilities
103.9Jul 27, 2026$1,292,90012,43919,6329.8 mi
75
CT-777405
Gravel · Full utilities
53.4Feb 24, 2024$1,203,70022,53828,9579.1 mi
71
Show adjustment detail for the top comp
  • Tract size (115.28 ac → 57.09 ac)+17.8%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (4 mo)+1.4%

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.