Welcome to 918 Wheelers Farm Road, a once in a lifetime opportunity to own a renovated, turnkey commercial horse farm and event space, single family home, and multifamily property in beautiful Milford, Connecticut. The properties span about 37,600 square feet across seven structures and sits on approximately 6.78 acres. The property is about 12 miles South of New Haven and 70 miles Northeast from Manhattan. Ownership has tastefully updated every building on the property making this site a must see for the savvy home owner and investor alike. 918 Wheelers Farm Road already boasts strong in place income from multiple business lines with huge growth potential. A brief overview of property highlights are shown here: - 20 private horse stables - 16,000 square foot indoor riding arena with sprinkler system and German geo-tactile footing system - 3,000 square foot 2 unit multifamily property containing two 2 bedroom apartments - 3,600 square foot single family house containing 5 bedroom and 3 bathrooms - 5 acre hunt course - Multiple private spaces horse shows and events
Balcony, Barn, Cabana, Deck, French Doors, Sidewalk, Stable, Stone Wall, Terrace
Lot Features
Secluded
Garage spaces
10
CITY
Milford
STATE
CT
SUB AREA
Wheeler Farms
LATEST UPDATE
2024-05-14T19:44:54.871Z
DAYS ON MARKET
95
PRICE CHANGE(S)
$3,500,000 Feb 21, 2024
$3,250,000 Apr 4, 2024
$3,200,000 Apr 30, 2024
$3,150,000 May 14, 2024
Property Details
Property TypeMulti Family
StatusActive
Property Sub Type4 Family
Square Feet37,600
MLS #170625804
HeatingHot Air
CoolingCeiling Fans
WATER SOURCEPublic Water Connected
Year Built1973
BasementFull
FINISHED BASEMENT SIZESquare Feet
RoofAsphalt Shingle
EXTERIOR FEATURESBalcony, Barn, Cabana, Deck, French Doors, Sidewalk, Stable, Stone Wall, Terrace
Lot FeaturesSecluded
Garage spaces10
CITYMilford
STATECT
SUB AREAWheeler Farms
LATEST UPDATE2024-05-14T19:44:54.871Z
DAYS ON MARKET95
PRICE CHANGE(S)
$3,500,000 Feb 21, 2024
$3,250,000 Apr 4, 2024
$3,200,000 Apr 30, 2024
$3,150,000 May 14, 2024
Market Trends
New Properties On Market
18
260%
Increase In New Listings
Average Asking Price
$528,366
$163,036 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$275
$26 Increase In List Price/Sq. Ft.
Average Days On Market
14
9 Day
Decrease In Days On Market
Data as of May 19, 2024.
Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
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