49 Wilshire Road, #49, Madison (Hammonasset), CT, 06443 | $549,000

This lovely, well-cared-for townhouse in popular Kensington Acres South is just a few minute drive to the center of town where one will enjoy shopping in any of the specialty shops along the main street. A stop at the famous local bookstore is a must for just browsing or enjoying a leisurely lunch at its cafe. You will have a choice of several restaurants in which to dine and a cinema where classic movies are shown. During the warmer months the Town Green provides entertainment in the form of concerts, art and antique exhibits and sales. During the warmer months, it is fun to stop by the Friday afternoon Farmers' Market to pick up fresh vegetables, flowers, fish and more. The Surf Club, as well as Madison's two additional beaches, is also just minutes from this home. The well-appointed kitchen in this townhouse includes a dining area and is open to the cozy family room featuring a gas fireplace. The large combined living and dining room offers plenty of space for entertaining. Engineered wood flooring extends throughout the main level of this home. An attached garage, with an entrance into the family room, makes carrying groceries inside very convenient, especially in inclement weather. Two extra-large bedrooms and two full baths, as well as the laundry area are on the upper level. An extra room on this level works perfectly as a guest room, office or studio. There are 1879 square feet of living space in this spacious home. There is a land lease of $93 per month. The Association has an option to purchase the land lease during a 90-day period prior to and through June 30, 2027. Once that option is exercised, the condo deeds will change from a "leasehold" property to a "fee-simple property. The buyout is thought to be somewhere around $260 per unit. Kensington Acres North and both Windermere East and West have the same options but each with different buyout dates.

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