Discover a rare development on nearly seven acres with beautiful lake views. Originally designed for use as a wedding venue, and special-event space, this unique property offers a spacious layout, attractive features, and significant potential for further development as a home, business, or both. The main building is currently unfinished, giving the next owner the flexibility to complete and customize the space to fit their vision. The property also features heated flooring and includes numerous building components already in place. In addition, the property includes a covered outdoor event pavilion with restrooms and a kitchen already in place, making it ready for outdoor gatherings, parties, weddings, and special events. With its peaceful lake setting, generous acreage, flexible design, and income-producing possibilities, this property could become a waterfront dining destination, entertainment venue, private event space, or the home of your dreams. Bring your vision and transform this one-of-a-kind property into something truly special.
Lakewood, located between Lakewood Lake and the Wolcott town line, is a residential and wooded Waterbury neighborhood with a lakeside edge and winding hillside streets. The neighborhood’s character concentrates around the Lakewood Lake Park entrance area, where walkers, anglers, and dog-leash loops set a steady, outdoorsy rhythm. Housing reads as mid-century capes and ranches mixed with older colonials, with deep setbacks and mature trees shaping the streetscape. The lake and surrounding green space define daily routines more than retail corridors. For local culture, nearby Palace Theater and the Mattatuck Museum anchor arts outings, while Brass Works Brewing Co. adds a craft-beer stop in the city’s downtown fabric. Route 69 and local connectors link Lakewood to Waterbury’s broader dining and civic scene without changing its quiet, park-forward feel.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior
Exterior features
Lot of approximately 6.9 units
Home design
House
Electricity and solar
View estimated energy costs and solar savings for this home
The RL District is established to provide for single family dwellings and limited nonresidential uses on lots having a minimum area of 6,000 sq ft. Uses and Conditional Accessory Uses are permitted by Zoning Permit, Special Permit, or Special Exception approval as provided in Article 11of these Regulations.
Permitted uses
Include but are not limited to:
No uses permitted by right
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Waterbury, CT • 06704
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 355 Lakewood Rd
$719,268
$31K under list price of $750K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $175K to $398K.