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386 Parker Street

Manchester, Connecticut 06042

ACTIVE$525,000

Reduced from $599,000

Beds
0
Baths
0
SqFt
Acres
3.64
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 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. All survey/land maps are available upon request.

Key Facts

City/Town
Manchester
Neighborhood
Bowers
Property Type
Land
Days on Market
57 days
Beds
0
Baths
0 baths
Lot Size
3.64 acres
Property Taxes
$6,896 / Annually

Market Snapshot

The Manchester Market

Land · trailing 12 months

Median Days on Market

42

4 active listings

Median $ / Sq Ft

--

4 active listings

Sale-to-List Ratio

80.2%

10 sales

How this home compares

List Price

$525,000

vs $662,500 median

20.8% below median

Price / Sq Ft

--

Median unavailable

Limited comparable data

Days on Market

57 days

vs 42 days median

15 days longer than median

Based on 4 active and 10 closed sales (trailing 12 mo) of land in Manchester. Source: SmartMLS · As of July 28, 2026.

Location

386 Parker Street, Manchester, Connecticut

Property + 1 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,427

per month

  • Principal & Interest$2,677
  • Property Taxes$575
  • Insurance$175
  • HOA$0

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

Location

City/Town
Manchester
Neighborhood
Bowers
County
Hartford

Residence

Property Type
Land
Subtype
SingleFamilyResidence

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Exterior & Lot

Lot Size
3.64 acres
Zoning
RA
Waterfront Details
Not Applicable
Water Source
Public Water In StreetPrivate Well
Sewer
Public Sewer Connected
Lot Description
Lightly WoodedProfessionally Landscaped

Listing & Financials

Property Taxes
$6,896 / Annually
Days on Market
57
MLS #
24180169
MLS Status
Active

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 7/28/2026. 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 7/28/2026 at 8:10 AM UTC.