February 5th, 2007
Record Breaking Land Sale at Woodridge Lake
Stephen Drezen of Portfolio Properties recently brokered a record-breaking sale of one of the orginal building lots. The 8/10ths of an acre parcel, which was purchased around 1970 for just under $20,000 by Dr. Bernard Zuckerman, recently sold for $850,000.
Mr. Drezen said the lot was sold to Stephen Warren of The Warren Group-the company publishes real estate data and financial information-and he plans to build on spec an 8,700-square-foot, classic New England style house to be sold for around $3.7 million. The house will feature every modern amenity imaginable.
"We've had a lot of investment bankers come out here," said Mr. Drezen of Woodridge Lake and Goshen. "One of the top guys at Google has a house out here, too, but I can't say anything specific about him."
Woodridge Lake started as an idea in 1968 when five landowners sold their properties to Boise Cascade. The company created a 35-foot-deep lake that rippled outward from an existing river, subdivided the land and put in a central sewage system. By 1973, there was 1,320 acres and 16 miles of roads divided into 770 lots.
Woodridge Lake has become something of a secret paradise community in the backcountry of Connecticut.
"We're like a miniature Club Med," said Mr. Drezen. The lake is clear up to about 20 feet and is the only one in the state stocked with tiger muskies, along with trout, bass and walleye. Residents enjoy a clubhouse with a fitness facility and full kitchen. There are beaches, parks, championship tennis courts, heated pools, volleyball courts and many boats.
Mr. Drezen says half of the residents live at the lake year-round and half only for vacation. The lake is home to a number of celebrities, politicians and musicians. There are also residents who hail from South Africa, China, Indonesia, France and elsewhere! |
