Towantic Hl Rd, Oxford, CT 06478

Description

Great opportunity to own this 106+ acre parcel of vacant land with the majority of it located in an RGCD zone. This property contains a pond (Towantic Pond) and dam that account for approximately 50 acres with another 50 usable acres remaining to be developed in southwest portion of property. Please note the northwestern portion of the property (estimated six to ten acres) is located in a Residential A zone but is subject to a conservation easement. The owner had a Special Permit approved for the proposed development of a senior living community and in anticipation of that development rebuilt the dam at a substantial capital cost. The site plan approvals has since expired and there are many possibilities including subdivision. The Town of Oxford would be open to a possible zone change (i.e. - Residential A) and the buyer is responsible for doing their own due diligence with the town. Please do not walk the property without permission.