Rare opportunity to acquire 189 luxury residential units in Avon! Set across 46.6 expansive acres, this prime location is adjacent to vibrant Route-44, providing effortless access to all local amenities. Seamlessly connected to Avon Mountain, there is a direct path from Avon to West Hartford and other bustling towns, yet it maintains a tranquil, suburban ambiance. The property has: (102) 1 Bed, (78) 2 Bed and (9) 3 Bed units. Spacious layouts range from 925SF up to an impressive 1324SF, each featuring a private balcony or patio.The asset is at 92% Occupancy currently. Originally built in 1977, these three-story assets are undergoing extensive upgrades to both units and common area upgrades (~80 units renovated & $3.5M invested into buildings). Residents enjoy amenities such as a swimming pool with cabana and sun deck, two tennis courts, picnic areas and scenic walking trails enriching their lifestyle experience at Avon Woods. These units are poised to command premium rental rates, reflecting the strong demand for upscale living In this affluent area. There is also an option for an expansion package for an additional $12,000,000 (MLS 24037298). This opportunity includes approved plans for a 250 unit expansion including 2 new, four-story buildings totaling 196 units. Enhanced amenities will feature a new pool and clubhouse, expansive patio and pavilion, basketball courts, picnic areas, grilling stations, walking trails, and ample outdoor parking for residents and guests.
Property Details
Property Features
Property Information:
Year Built: 1977
Living Area: 99,713 SqFt
Listing Office:
Office Name: Berkshire Hathaway NE Prop.
Office Phone: (860) 633-3674
Listing Agent: Lisa Cozzi
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Private Pool: Yes
View: Trees/Woods
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Wooded, Level
Lot Size: 46.60 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: Wall Unit(s)
Other
Directions Information:
Directions: Waterville to Avonwood
Price Information
Listing Price Info
Price Summary:
List Price: $40,000,000
Price Per SqFt: $401/SqFt
Tax Information:
Annual Amount: $493,725
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Reggio Magnet School of the Arts
59 Waterville Rd
Distance between this listing and this school0.27 miles
Public Magnet Grades PK-5
3
/10
Ana Grace Academy of the Arts Elementary School
20 Security Dr
Distance between this listing and this school0.91 miles
Public Magnet Grades PK-5
6
/10
Pine Grove School
151 Scoville Rd
Distance between this listing and this school2.28 miles
Public District Grades KG-4
Nearby Schools
7
/10
Avon Middle School
375 W Avon Rd
Distance between this listing and this school2.15 miles
Public District Grades 7-8
6
/10
King Philip Middle School
100 King Philip Dr
Distance between this listing and this school4.32 miles
Public District Grades 6-8
6
/10
Sedgwick Middle School
128 Sedgwick Rd
Distance between this listing and this school4.89 miles
Public District Grades 6-8
Nearby Schools
8
/10
Avon High School
510 W Avon Rd
Distance between this listing and this school2.20 miles
Public District Grades 9-12
8
/10
Hall High School
975 N Main St
Distance between this listing and this school3.85 miles
Public District Grades 9-12
8
/10
Farmington High School
10 Montieth Dr
Distance between this listing and this school4.00 miles
The neighbors living near this home have an average income of $129,167. The majority of Avon, CT residents have income $200k+ annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 64 Avonwood Rd in Avon, CT and zip code 06001. This 99,713 square foot home, which was built in 1977, sits on a 46.60 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $40,000,000.
Over 14 listings were sold over their listed price in October 2024 in Avon, CT. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. In October 2024 in Avon, CT there were 24.6% more homes for sale than in September 2024.
From Rocket Homes Real Estate and based on county public records data.
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