Almost half the homes sold at Toll Brothers’ Shelton development

A view of the Housatonic River from a model unit at the Shelton Cove townhouse complex on River Road (Route 110).

A view of the Housatonic River from a model unit at the Shelton Cove townhouse complex on River Road (Route 110).

Close to half of the Shelton Cove townhouses being built by Toll Brothers along the Housatonic River have been sold, based on pending deposits, and a few new owners already are living there. (Photos by Brad Durrell)

The development at 560 River Road will have 36 units on 12 acres when completed.

Jeffrey Meinke, project manager, said about five homes now are under construction and work on an equal number should start soon. Ten units are completed, including two decorated models.

A sign near the entrance to the Shelton Cove residential development on the Housatonic River.

A sign near the entrance to the Shelton Cove residential development on the Housatonic River.

“We’re getting a lot of responses from all over, including other states,” said June Marcucio, sales manager.

Marcucio said interested parties have included retirees, people who are relocating, and those moving to be near family.

 

Company reputation and water views

The reputation of Toll Brothers as a high-quality builder is helping, she said. “People are interested in Toll Brothers,” she said.

Other selling points are the water views, Shelton’s low taxes, the finished basements, the Fairfield County address, and access to major highways, Marcucio said.

A breakfast area that overlooks the Housatonic Rover in a  Shelton Cove unit.

A breakfast area that overlooks the Housatonic Rover in a Shelton Cove unit.

“We’re really selling the view,” said Meinke, adding the construction schedule is mostly determined by sales.

New homeowners will look at the Housatonic River and, on the other side of the river, the Great River Golf Course in Milford.

 

First closing was Dec. 31

The first closing took place on Dec. 31, and involved someone from out of state who moved here to be closer to other family members.

Shelton Cove will have a homeowners’ association with an outside management company.

One of the completed units at the Toll Brothers riverfront development in Shelton.

One of the completed units at the Toll Brothers riverfront development in Shelton.

The sales brochure promotes the “convenient” location; nearby shopping, medical facilities, hospitals, and universities; and recreational venues such as golf courses, beaches, the Sports Center of Connecticut, and boating.

Five home models are being offered, with starting prices listed from $453,000 to $490,000 in the brochure. Recent real estate transaction information indicates actual sales are in the mid $500,000s to low $600,000s, due to amenities. Units are 1,780 to 2,115 square feet in size.

A master bedroom with water views at Shelton Cove.

A master bedroom with water views at Shelton Cove.

 

Shelton Cove is promoted in publicity material as “a private haven set on the banks of the Housatonic River,” offering “an exclusive neighborhood” with “waterfront living.”

 

A deck that faces the river.

A deck that faces the river.

Another view from inside a Shelton Cove townhouse.

Another view from inside a Shelton Cove townhouse.

 

 

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