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386 Parker Street

Manchester, Connecticut 06042

PENDING$499,000

Reduced from $599,000

Beds
4
Baths
2
SqFt
1,468
Acres
3.64
Year Built
1865
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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Price Reduced

About This Home

Exceptional opportunity for investors, builders, and developers! This 4-bedroom, 2-bath home sits on 3.64 surveyed acres near all kinds of shops, with incredible development potential. Preliminary work has already been completed, including a wetlands survey and concept plan, making this property ready for the next phase of planning and development. Potential possibilities include up to 5 single-family lots, multiple condos, 3 duplexes, or 4 multi-family homes - buyers to perform their inquiry with the town regarding approvals and permitted uses. The existing home is in need of substantial updating or could be removed to make way for new construction. With endless possibilities and major groundwork already started, this is a rare chance to secure a large parcel with strong future potential in a convenient location.

Key Facts

City/Town
Manchester
Neighborhood
Buckland
Property / Style
Single Family · Farm House
Year Built
1865
Days on Market
136 days
Beds
4
Baths
2 full
Living Area
1,468 sq ft
Lot Size
3.64 acres
Garage / Parking
2 total
Property Taxes
$6,896 / Annually

Market Snapshot

The Manchester Market

Single Family · trailing 12 months

Median Days on Market

25

48 active listings

Median $ / Sq Ft

$227

48 active listings

Sale-to-List Ratio

104.4%

401 sales

How this home compares

List Price

$499,000

vs $382,450 median

30.5% above median

Price / Sq Ft

$340

vs $227 median

49.8% above median

Days on Market

136 days

vs 25 days median

111 days longer than median

Based on 48 active and 401 closed sales (trailing 12 mo) of single family in Manchester. Source: SmartMLS · As of October 15, 2026.

Location

386 Parker Street, Manchester, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,505

per month

  • Principal & Interest$2,764
  • Property Taxes$575
  • Insurance$166
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Manchester
Neighborhood
Buckland
County
Hartford

Residence

Property Type
Single Family
Style
Farm House
Year Built
1865
New Construction
No/Resale
Living Area
1,468 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
None
Laundry
Main Level
Laundry Location
in dinning room
Appliances
None
Basement
FullUnfinished

Exterior & Lot

Lot Size
3.64 acres
Zoning
RA
Garage / Parking
2 total parking spacesPavedDrivewayPrivatePaved
Waterfront Details
Not Applicable
Water Source
Public Water In StreetPrivate Well
Sewer
Public Sewer Connected
Construction
ShingleWood
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Lightly WoodedLevel Lot

Listing & Financials

Property Taxes
$6,896 / Annually
Days on Market
136
MLS #
24175977
MLS Status
Under Contract

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Teresa Hernandez

(203) 599-5686

Robert C White & Company LLC

(860) 613-6290

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 10/15/2026. 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 10/15/2026 at 3:05 PM UTC.