NOT LISTED FOR SALE

Estimated Value: $3,604,000 - $8,311,060

3.04 Acres
$1,902,967 Price per Acre
132,422 Sq Ft Lot

Last Sold November 10, 2023

Last sale price $8,000,000 $1,111 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $41,542/month

120 Days on Market

Highlights

  • Waterfront
  • 3.04 Acre Lot
  • Property is near shops
  • Mill Hill School Rated A
  • Cul-De-Sac
  • 3-minute walk to Sasco Beach

About This Lot

As of November 2023

The Point. Amazing opportunity to build your own dream home on Sasco Point directly on Long Island Sound. Beautiful flat 3+ acre lot in newly created gated private association with access to town water and sewer. The property faces south with unobstructed views of Long Island Sound in the foreground and distant view of Long Island and the Manhattan skyline. Enjoy stunning sunsets all year round and the multitude of bird life and maritime activities playing out in front of you. Short walk to the beach and just minutes to Post Road and the town centers of Southport and Fairfield. Own your own piece of history on this storied property. Just one hour from Manhattan.

Last Listed By

Andrew Whiteley

Brown Harris Stevens License #RES.0770852 Listed on: 06/16/2023

Brown Harris Stevens

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $76,602

Year Built

  • 2023

Lot Details

  • 3.04 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Property is zoned AAA

Location

  • Property is near shops

Schools

  • Mill Hill Elementary School
  • Roger Ludlowe Middle School
  • Fairfield Ludlowe High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$76,602

Year Built

2023

Lot Details

0

Listing Details

  • Neighborhood: Sasco
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Private School(s), Shopping/Mall
  • Remarks Public Addendum: This property can be purchased alone or combined with additional lots on Sasco Point. Please see MLS #170576125 asking $6m, MLS #170576126 asking $6m, MLS #170576122 asking $7.5m, MLS #170576121 asking $4.5m, MLS #170576124 asking $8.5m, MLS #170576118 asking $12m or purchase the entire Sasco Point property MLS #170576116 asking $44.5m
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Sasco Hill Road to end. Entrance is right before Sasco Beach access.
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Year Built: 2023

Interior Features

  • Street Number Modifier: 1147

Exterior Features

  • Waterfront Description: Direct Waterfront L. I. Sound Frontage Beach Rights View
  • Road Frontage Description: Private Road, Cul-De-Sac
  • Road Frontage Approximate: 100

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Gas Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Schools

  • Elementary School: Mill Hill
  • Middle School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Lot Info

  • Acres: 3.04
  • Lot Description: Open Lot In Subdivision Additional Land Avail. In Flood Zone Cleared Water View
  • Lot Improvements: Approved Building Lot, Approved Subdivision, Lot Staked, Curbs & Gutters, Rough Graded, Storm Drain(s)
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: AAA
  • Parcel #: 999999999

Tax Info

  • Property Tax: 76602
  • Total Assessed Value: 2812110
  • Mil Rate Total: 27.24

MLS Schools

  • Elementary School: Mill Hill
  • Middle Jr High School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Nov 10, 2023
Sold by
1143 Sasco Hill Rd Llc
Bought by
Tharrington Owen and Tharrington Kristen
Seller's Agent
Andrew Whiteley
Brown Harris Stevens
Buyer's Agent
Jaclyn Picarillo
Higgins Group Bedford Square
List Price
$7,500,000
Sold Price
$8,000,000
Premium/Discount to List
$500,000
6.67%
Total Days on Market
120
Views
107
Current Estimated Value
$5,785,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,214,980
Avg. Annual Appreciation
-20.03%
Original Mortgage
$5,000,000
Outstanding Balance
$4,945,483
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$839,537

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tharrington Owen $8,000,000 None Available
Tharrington Owen $8,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tharrington Owen $5,000,000
Closed Tharrington Owen $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $8,000,000 +6.7% $1,111 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $7,500,000 -- $1,042 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $111,774 $4,006,240 $4,006,240 $0
2023 $77,361 $2,812,110 $2,812,110 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170576122

SmartMLS

APN: FAIR M:239 B:7-B