5 Reservoir Road

Danbury CT 06810

10.58 ac.

Land

Last sold for $580,000

jan maria Jagush, last sold this property on 24 July 2025 after 1876 days on market.

Overview

Rare 10+ Acre Subdivision Opportunity with Owner Financing a Potential. An exceptional opportunity to acquire over 10 acres of versatile land with a proposed five-lot subdivision-perfect for developers, investors, or anyone looking to build in a prime location. Maps and plans for the subdivision are already in hand, offering a clear vision for what's possible on this rare parcel. The property includes a small existing house, which could be sold separately after subdivision approval, significantly reducing the cost basis for the remaining lots. This makes the deal even more attractive for the right buyer looking to maximize return or create a multi-home family compound. Highlights: * 10+ scenic acres with subdivision potential * Proposed plans for five lots (maps available) * Small house on site (optional resale or rental) * Owner financing may be available for qualified buyers * Easy access to all essential services * Excellent commuting location with direct routes to down-county and New York Whether you're a builder looking for your next project or a buyer searching for privacy and potential, this property is a must-see. Opportunities like this don't come around often-call today to schedule a walk of the land and review subdivision plans. Lots 1, 2, 3 and the bungalow are located on Reservoir Road. The fifth lot is located on Long Ridge Road sharing a driveway with #14 (beautiful interior lot). This is a proposed subdivision with a supplemental plan.

Features

10.58 ac. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Danbury over the last 12 months, the estimated median property value of 5 Reservoir Road is $130k.

Median value

$130k

Estimated value range

$108k - $580k

Median days on market

Estimated value trend

-48%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Danbury. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.