245 Arundel Road, City Not Found, CT, 04046-5203 | $1,995,000

This 5 BD, 3 BA home has the perfect combination of space and opportunities. You'll be surprised to find 2 KITs, 2 washer/dryer units, a heated floor, vaulted ceilings, and a hot tub in the main bath. There is also space for an accessory apartment! The first level has been renovated into a beautiful 3100 SF event center. With a wet bar, coat closet, industrial prep KIT, and large open area with posts and beams. The previous owners were able to host weddings there! Also, there are rooms styled to be the bride and groom's areas to get ready. Beyond the event center space, you'll also find a second KIT that's just for the residents, with a gas stove, dishwasher and separate dining area. There's a casual room to watch tv, then take the staircase upstairs to find a home theatre with surround sound and a wet bar, a game room including a pool table. Also, find a bonus room with a ping pong table with plenty of space for fun gatherings. Outside you will find a 4000 SF free span garage, with space for 20 cars, plus room to maintain those cars; or turn into a barn with up to 16 horse stalls. The grounds include a small pond with an island, offering a peaceful place to retreat and relax. The outside also is designed to host weddings, as there are benches for guests. This property offers business opportunities galore, Located in a quiet neighborhood w/ beautiful panoramic views, great schools, nearby hiking trails and minutes from the ocean.

Features

  • Rooms: 16
  • Bedrooms: 5
  • Baths: 2 full / 1 half
  • Style: Multi-Level,Other
  • Year Built: 1905
  • Garage: 20-car Garage
  • Heating: Baseboard,Direct Vent,Geothermal,Radiant,Stove
  • Cooling: None
  • Approx Sq. Feet: 10,491
  • Acreage: 7
  • Est. Taxes: $4,258
  • Lot Desc: Country Setting,Field/Pasture,Landscaped,Pond,Stream,View,Abuts Conservation,Near Country Club,Rural
  • MLS#: 5033410
  • Website: https://www.raveis.com
    /prop/5033410/245arundelroad_citynotfound_ct?source=qrflyer
©2025 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is 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. Data last updated 4/8/2025
Listing courtesy of Town Square Realty Group   Phone: 207-324-2860
Listing Agent: Ann Lapierre

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NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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245 Arundel Road, City Not Found, CT, 04046-5203

$1,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,596,000 $1,596,000 $1,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.375% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.565% 6.475% 6.183%
Monthly Tax Payment $355 $355 $355
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,937 $9,957 $13,468
Total Monthly Payment $9,417 $10,437 $13,948

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.