64 Avonwood Road

Avon, CT 06001

$40,000,000
Price
6
Beds
3
Baths
99,713 Sq. Ft.
$401 / Sq. Ft.
99,713
Sq. Ft.
$401
per Sq. Ft.

Description

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...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.
  1. Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
    P: (860)-215-3634 C: (860)-215-3634 mulveylisa@gmail.com
  2. Listed by Maddy Ceruti • Berkshire Hathaway NE Prop.
    P: (860)-633-3674 C: (860)-578-8648 MaddyCeruti@bhhsne.com

Property Details for 64 Avonwood Road

Basement Description
Full
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
None
Swimming Pool
Yes
LISTING UPDATED: 10/02/2024 06:02 AM

Property Details for 64 Avonwood Road

StatusActive
MLS #24037027
Days on Market115
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1977
Lot Size46.60 AC / 2,029,896 SF
CountyHartford County

Building Information for 64 Avonwood Road

Stories-Residences189Year Built1977Building Size-Lot Size46.60 AC / 2,029,896 SF

Property Information for 64 Avonwood Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Waterville to Avonwood
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.79985
  • Longitude: -72.825902
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $588,307
Interior and Exterior Features
Exterior Features
  • Pool Description: In Ground Pool
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Attic YN: No
  • Laundry Room Info: Common Laundry Area
  • Rooms Total: 15
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle, Gable
  • Year Built: 1977
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Est Heated Below Grade: 17981
Lot Information
  • Lot Description: Lightly Wooded, Level Lot
  • Parcel Number: 2246140
  • Sq Ft Est Heated Above Grade: 81732.0
  • Sq Ft Total: 99713.0
  • Zoning: RU2A
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 189
  • Total Rooms Multi Family: 15
Unit 1
  • Listing Key: 1EAA85AFC2B58313E063D501100A1B6F
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 08-16-2024
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
Unit 2
  • Listing Key: 1EAA85AFC2B58313E063D501100A1B6F
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 08-16-2024
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
Unit 3
  • Listing Key: 1EAA85AFC2B58313E063D501100A1B6F
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 08-16-2024
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6

Property History for 64 Avonwood Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 64 Avonwood Road

Taxable ValueLand$3,262,000Additions$16,573,020Total$19,835,020
Tax Record2024$588,307 ($49,026 / month)
Home Facts
Lot Size2,029,896 SqFtStyleOffice BuildingZoningRU2ACountyHARTFORDAPNAVON M:44 L:1220064

Schools near 64 Avonwood Road

This home is within Avon School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Pine Grove School
PublicK to 4

Thompson Brook School
Public5 to 6

Avon Middle School
Public7 to 8

Avon High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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64 Avonwood Road is a multi-family home for sale in Avon, CT 06001. This property was listed for sale on August 1, 2024 by Berkshire Hathaway NE Prop., it's currently listed at $40,000,000. It has been on the market for a total of 115 days and was last sold on July 16, 2021. This listing's school district is Avon School District. Nearby schools include Pine Grove School, Thompson Brook School and Avon Middle School. 64 Avonwood Road is a 6-bed, 3-bath, 99,713 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Maddy Ceruti

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.