An 18-hold golf course in Bristol is up for sale as a housing development opportunity
The Chippanee Country Club in Bristol is being offered for sale as a potential housing development site.
The 18-hole club property is owned by a limited liability company headed by prominent businessman Frederick W. “Fritz” Blasius Jr., owner of Waterbury-headquartered car dealership Loehmann-Blasius Chevrolet.
City records show the Blasius-affiliated LLC bought the three abutting properties — totaling roughly 140 acres between Marsh Road and Hill Street — for $1.27 million in 2015.
A 133-acre portion of the properties went on the market this week with a $5 million asking price. The seller is represented by Middlebury-based Drubner Commercial Real Estate Services.
David Theroux, principal of Drubner Commercial, said his firm hired engineering consultant SLR to conduct studies and “initial groundwork” indicating the entire site could support up to 140 housing units in various configurations. The zoning allows one unit per acre, but those units can be clustered and may include multifamily options, he said.
“It’s a relatively easy site to develop for residential housing,” Theroux said.
For now, 133 acres, including the golf course and service buildings, are for sale.
A 14,021-square-foot dining and function hall and seven acres are to be sold separately, Theroux said. The 1923-vintage building is sided with clapboard and features a gabled roof.
Although this portion of the property is not currently being marketed, a buyer of the larger parcel could acquire it as well for an additional $1.5 million, Theroux said.
