488 West Road New Canaan, CT 06840

Fairfield

$8,900,000

down from $9,800,000 Last reduced on: 10/25/2022

Property Description For 488 West Road New Canaan, CT 06840

How better to describe this spectacular Norman-style brick & oak-timbered masterpiece of a manor house than magnifique? Just as French noblemen saw their country manoir as an elegant escape, award-winning Connecticut architect Dinyar Wadia custom designed an enchanting 4-acre estate that’s authentic & warm with every luxury amenity. Designed with the finest detailing & craftsmanship, it features soaring coffered ceilings, custom European mahogany windows & copious use of quarter-sawn oak. Weathered leather & Ralph Lauren fabrics provide a we... More
Listing presented by

Listing courtesy of Houlihan Lawrence

New Canaan — Fairfield County

With its thriving main street, convenient location and pedigree of noteworthy residents, New Canaan living is cultured with a genuine community feel.

New Canaan — Fairfield County

With its thriving main street, convenient location and pedigree of noteworthy residents, New Canaan living is cultured with a genuine community feel.

Household Incomes

Housing Stock

Median sale price

November, 2022

$2,400,000

39.13% since October, 2022

25.33% since November, 2021

  November, 2022 October, 2022 November, 2021
Median sale price 2400000.000000000000   39.130434782609%   25.326370757180%
Average sale price 2286692.000000000000   14.493631654368%   1.608175960898%
Homes sold 13   -27.777777777778%   -43.478260869565%
Average days on market 53   -17.187500000000%   -37.647058823529%
% of sale price to list price 96.530000000000   -3.547162270184%   -1.800610376399%
Homes for sale 67   -9.459459459460%   9.836065573771%
Months of inventory 5.153846153846   25.363825363825%   94.325346784363%
Loan Type 5 Yr ARM 7 Yr ARM 15 Yr Fixed 30 Yr Fixed
Interest Rate 4.5% 4.75% 4.75% 5.25%
Monthly Mortgage Amount $36,076 $37,141 $55,382 $39,317
Monthly Mortgage Insurance $0 $0 $0 $0
Monthly Estimated RE Taxes $7,334 $7,334 $7,334 $7,334
Monthly Estimated Total $43,410 $44,475 $62,716 $46,651

All information is from sources believed to be reliable and is subject to change of price, rental, commission or other conditions, prior sale, lease or financing or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footage are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics are reserved. Customer should consult with its counsel regarding closing costs. Nothing herein shall constitute an offer or solicitation with respect to the purchase or sale of any property in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make an offer or solicitation.