488 West Road New Canaan, CT 06840

Fairfield

$9,800,000

down from $10,600,000 Last reduced on: 04/14/2022

Property Description For 488 West Road New Canaan, CT 06840

Experience this uncompromising brick & oak timbered French/Normandy-inspired masterpiece by acclaimed architect Dinyar Wadia set on four pristine private acres. This warm & inviting New Canaan estate was custom built over three years with no expense spared. Soaring coffered ceilings, custom European mahogany windows & copious use of quarter-sawn oak provide a warm palette to live, work & entertain. A glorious two-story foyer welcomes you into the first level, which features a grand dining room, intimate library & an elegant yet casual kitche... 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

August, 2022

$2,225,000

4.9% since July, 2022

39.06% since August, 2021

  August, 2022 July, 2022 August, 2021
Median sale price 2225000.000000000000   4.903347477605%   39.062500000000%
Average sale price 2336576.000000000000   -10.103686148377%   30.641747976139%
Homes sold 37   27.586206896552%   -27.450980392157%
Average days on market 23   -58.928571428571%   -65.671641791045%
% of sale price to list price 103.590000000000   7.805182641274%   3.600360036004%
Homes for sale 72   -17.241379310345%   -25.000000000000%
Months of inventory 1.945945945946   -35.135135135135%   3.378378378378%
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 $39,724 $40,897 $60,982 $43,293
Monthly Mortgage Insurance $0 $0 $0 $0
Monthly Estimated RE Taxes $7,250 $7,250 $7,250 $7,250
Monthly Estimated Total $46,974 $48,147 $68,232 $50,543

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.