After years of waiting, The Perkins Farm property in Long Island Sound-side Mystic, Connecticut is beginning to take shape. Connecticut-based home builder EG Home has purchased the townhome section of the property, and will start marketing and selling its Perkins Reserve community this summer.
“This is a very exciting time for EG Home,” said the company’s co-owner, Matt Gilchrist. “The shoreline, especially Stonington-Mystic, is alive with development and optimism. It is fun to be a part of such a vibrant area!”
EG Home’s team has already begun clearing trees and brush. Once the property is cleaned up, construction on the roads and model home will commence. Perkins Reserve will feature 50 townhomes and carriage homes, surrounded by open space, large grassy areas, a walking path, a central park pavilion with grills and an outdoor fire pit, and a fenced-in dog park. The townhomes at Perkins Reserve will start in the upper $300's; the carriage homes, featuring first floor master bedrooms, will start in the mid to upper $400's. The townhomes will be 1850 square feet, while the carriage homes will be 2270- 2400 square feet with a basement foundation.
“We’re offering two different styles of homes that will appeal to a cross-section of buyers,” said Mr. Gilchrist. “The townhomes are geared toward young, co-living professionals or young families, and the carriage homes to active adults or small families.”
Perkins Farm is the first large-scale construction project in Mystic in years, and Perkins Reserve will be the only opportunity to own new construction in the area. The community will have low HOA fees, which will cover grass, snow removal and exterior maintenance. The taxes are reasonable as well, according to the builder.
Perkins Reserve is located on the 70-acre multi-use campus formerly known as Perkins Farm. The project, planned and developed by Lattizori Development of Groton, is slated to include Harbor Heights Apartments, a 120-unit apartment building, as well as Hartford HealthCare’s new state-of-the-art medical center. The entire site has been rezoned as a Greenway Development District, which requires that at least 50% of it be preserved as open space.
“This is just a phenomenal location, close to work and play,” noted Mr. Gilchrist. “The shops and restaurants of downtown Mystic are minutes away, as is Mystic Seaport and Aquarium, and Mystic Village. Plus I-95 is very easy to access from here. We are so excited to bring Perkins Reserve to life!”
Perkins Reserve currently has a planned model opening date of January 2020.