59 Spring Rock Road
Property Description
Rare Shoreline Opportunity in Pine Orchard~Prime Coastal Investment & Lifestyle Potential.....Offered on the market for the first time, this quintessential Pine Orchard property presents a rare value-add opportunity in one of Branford's most prestigious coastal neighborhoods. Situated on a generous lot steps from water access and surrounded by multi-million-dollar homes, it offers endless upside for both investors and future homeowners. For the Investor~Immediate Cash-Flow:Currently configured as a 4-unit home with clean, updated units ready to rent at full market rates ($1,500+/mo each). Historically, rents were kept intentionally low, leaving immediate upside. Value-Add Pathways:Convert the structure into 2 luxury units, explore lot-split possibilities, or transform the detached 7-bay garage into an ADU or additional income stream (subject to approvals). For the Homeowner~Coastal Living:Enjoy an enviable "by-the-water" location with water access right down the street. Versatile Footprint: Easily transform into a single-family coastal compound, a primary residence with an in-law suite, or a guest cottage setup. Endless Space: The expansive lot and 7-bay garage offer ample room for expansion, workshops, or custom outdoor living. Whether you seek to manufacture equity through strategic upgrades or build your dream shoreline estate with passive income, this versatile property delivers unmatched potential. Qualified Buyers Only. Proof of Funds/PreApproval Req. prior to Showing.
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $949,000 |
| Year Built: | 1936 |
| Lot Size: | 1,960.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-CTMLS-24189744
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