259 Ference Road
Ashford, Connecticut 06278
Reduced from $259,000
- Beds
- 3
- Baths
- 2
- SqFt
- 3,243
- Acres
- 3.52
- Year Built
- 1945
- Neighborhood
- Lake Chaffee
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Rare value-add and redevelopment opportunity situated on 3.5 acres with over 3,200 square feet of existing space. Currently configured as a mixed-use commercial property, this expansive parcel offers strong potential for multifamily conversion, redevelopment, expansion, mixed-use investment, income-producing use, or possible additional building opportunities, subject to buyer due diligence and local approvals. Ideal opportunity for investors, developers, contractors, or those seeking a long-term development play with substantial upside potential. Conveniently located with ample possibilities for repositioning and future use. Property to be sold strictly as-is. Buyer to perform all due diligence regarding zoning, approvals, permitted uses, subdivision potential, and development possibilities.
Key Facts
- City/Town
- Ashford
- Neighborhood
- Lake Chaffee
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1945
- Days on Market
- 63 days
- Beds
- 3
- Baths
- 2 full
- Living Area
- 3,243 sq ft
- Lot Size
- 3.52 acres
- Garage / Parking
- 10 total
- Property Taxes
- $6,262 / Annually
Market Snapshot
The Ashford Market
Multi-Family · trailing 12 months
Active Listings
1
Ashford inventory
Median List Price
$239,000
1 active listing
Median Closed Price
--
0 sales
Median Days on Market
63
1 active listing
Median $ / Sq Ft
$74
1 active listing
Sale-to-List Ratio
--
0 sales
How this home compares
List Price
$239,000
vs $239,000 median
In line with median
Price / Sq Ft
$74
vs $74 median
In line with median
Days on Market
63 days
vs 63 days median
In line with median
Based on 1 active and 0 closed sales (trailing 12 mo) of multi-family in Ashford. Source: SmartMLS · As of July 29, 2026.
Location
259 Ference Road, Ashford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,219
- Property Taxes$522
- Insurance$80
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Ashford
- Neighborhood
- Lake Chaffee
- County
- Windham
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1945
- New Construction
- No/Resale
- Living Area
- 3,243 sq ft
Schools
- Elementary
- Ashford
- High
- Smith
Interior
- Heating
- Hot Air
- Heat Fuel
- Oil
- Cooling
- None
- Basement
- FullUnfinished
Exterior & Lot
- Lot Size
- 3.52 acres
- Zoning
- C
- Garage / Parking
- 10 total parking spacesPavedOff Street Parking
- Waterfront Details
- Walk to Water
- Water Source
- Private Well
- Sewer
- Septic
- Construction
- Vinyl SidingAluminum
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- TreedLevel Lot
Listing & Financials
- Property Taxes
- $6,262 / Annually
- Days on Market
- 63
- MLS #
- 24178360
- MLS Status
- Active
Similar Properties
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Co-Listed By
Joseph Tracey
Social & Co Realty
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/29/2026 at 11:05 AM UTC.