Property Next to Jacobs Beach Still on Market
The 7.33-acre property abutting Guilford's Jacobs Beach has been for sale since early December, and according to real estate agent John Campbell, property owner Chris McManus hopes to sell it to someone who could possibly enhance the town beach.
"What's nice about the property is that it has 800 feet of beach front. Jacobs Beach is, believe it or not, 435 feet, so imagine what that would do to the town," Campbell said.
The parcel is accessible through Jacobs Beach or by boat. About half a dozen people have expressed some sort of interest in the property listed for $1,399,000, calling the agent with inquires about the property. Questions ranged from if the lot could handle buildings or structures and what the tax ramifications on the property would be.
Though Campbell said he believed the town was exploring options available for acquiring this piece of property, First Selectman Joseph Mazza said it's a "non-issue."
"The Land Acquisition Commission hasn't brought anything up and hasn't shown any interest in it," stated Mazza.
Campbell said he makes it clear to residents that although he believes the property can handle one or two buildings or structures, he is unclear if it is "actually a buildable lot." Despite the phone calls received since Campbell publicized the property, none has yet stepped up to put an offer on it.
Campbell said one of the reasons he supports McManus's desire to find a buyer who hopes to sell the property to the town is because of the positive impact it could possibly have for residents.
"I joined the board of directors for the Madison Property Owners Association this past month and one of the goals we have is to protect and enhance the property values for Madison residents," said Campbell. "As a realtor, [I see] people gravitate toward Madison?because of the Surf Club and the school system-those are the two draws. Guilford has the school system, but what they don't have is the beaches."
Campbell also noted that the response he's heard from residents on this property has been somewhat negative.
"The one thing that surprises me is that there hasn't been a lot of positive reaction to the property being available. I think the residents kind of assumed that's part of the beach. Questions like, 'Why isn't the he just donating the property to the town?'?Well, he can't afford to," he explained. "This is worth two to three times what he's asking for it and he does have plans for this property if someone doesn't step forward fairly soon."