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Listing 10 out of 38
$11,500,000 For Sale
150r Old Colchester Rd
Waterford, CT 06375
288.39 acres | Residential Lots & Land - MLS# E10212990
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Description

Centrally located mid-way between New York and Boston, Millers Pond is an 80 +/- acre private lake, offered with exclusive riparian rights and with 200 +/- acres of undeveloped land. Originally constructed in the 1800's as a source of water for downstream mills, and held by its present family owners for over three-quarters of a century, the lake is fed by 10.5 square miles of contributing watershed. In a 2000 report, Raftelis Financial Consulting, PA, projected in excess of 1.5 Million Gallons of Water per day. As the last and only significant undeveloped reservoir in Southeastern Connecticut, Millers Pond is uniquely suited to function as a captive water supply for industrial or bottling use, or as a wholesale water source capable of serving one or more regional utilities. Access to infrastructure of adjacent municipal water utilities may be arranged pursuant to an existing legal agreement, and there is potential for partnership with a statutory water company. Adjacent communities boast ample industrial and commercial land with superior transportation resources, including interstate highway, rail, and a deep water port. The granite and concrete dam was extensively renovated in the late 1990's and is in excellent condition. The lake bed and adjacent shoreline include proven reserves of sand and gravel in excess of one million cubic yards, and engineering plans for excavation to enlarge the lake are available.

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Residential Lots & Land
  • Listing Status: Active
  • Listing Price: $11,500,000
  • County/Area: New London County
  • Zip Code: 06375
  • Elementary School: Quaker Hill
  • Middle School: Clark Lane
  • High School: Waterford
  • Acres: 288.39 acres
  • Waterfront: Direct Waterfront, Access, Beach, Brook, Frontage, Lake, Other, View
  • Area: Waterford
  • Acres Source: Owner
  • Development Status: Other, Possible Subdivide, Raw Land
  • Divisible: Yes
  • Easements Rightof Way: Yes
  • Lot Description: Easements, Farm Land, Horse Property, Level Topography, Lightly Wooded, Secluded, Some Wetlands, Treed, View, Water Frontage, Water View, Waterfront, Wooded, Other
  • Mill Rate: 25.8300
  • Road Frontage: 9999
  • Road Frontage Description: Interstate, Other, Paved, State Road, Town Road, Us Highway
  • Road Surface: Paved
  • Sewage System: Other, Unknown
  • Transaction Type: Sale
  • Utilities Available: Electric, Telephone, Unknown
  • Village: Quaker Hill (86)
  • Water Frontage: 9999
  • Water Sewer Lien: Neither
  • Water Source: Other, Spring
  • Zoning Description: Residential
Courtesy of Seaport Commerical

Connecticut Multiple Listing Service, Inc.® ©Copyright 2017. Information deemed to be reliable but not guaranteed. The property listing data and information set forth herein were provided to Connecticut Multiple Listing Service, Inc. from third party sources, including sellers, lessors and public records, and were compiled by Connecticut Multiple Listing Service, Inc. The property listing data and information being provided are for the consumers\' personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in. This site will be monitored for \'scraping\' and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. Connecticut Multiple Listing Service, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Information last updated on 2017-05-27.

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