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$12,989,000

Beds
7
Baths
11.0
sq ft
16,216

266 Michigan Rd, New Canaan, CT 06840

266 Michigan Rd

New Canaan, CT 06840

  • 47 days on market
Drive through the electronic iron gates to a breathtaking 16,000+ SF, 3-story residence of handcrafted brick and imported French slate capped roof conveying a sense of permanence, substance & Old World quality reminiscent of grand country homes of Europe. On 6+ acres, this European style home is met inside w/a balanced mix of classic luxury and relaxed modern-day conveniences & furnishings accentuated by contemporary art. Carefully curated chandeliers and Chesney fireplaces designed to match rooms' intent, Poliform dressing rm, Valcucine ergonomic kitchen, Porcelanosa baths, stunning custom millwork, French doors w/Transom windows, magnificent arched hallways. Designed to serve multiple occasions of various degrees of formality simultaneously, the home has two wings on each side of a spectacular 50 by 25 ft Center Hall. North wing w/2-Story Library, Reading rm, Main Office, Bar, Living & Music rms. Accessed through a separate courtyard entrance, the South wing includes Dining, Reception, 2nd Office, Kitchen w/Breakfast area, Family rm, Back Staircase, Service/Mudroom, Fitness Center w/Sauna. 2 Laundry rms. Primary suite w/Sitting rm, 2 Fireplaces, 2 Baths, WIC, Dressing rm & Terrace. 6 add. en-suites. A family-wellness focused estate w/enticing, extensive indoor & outdoor features & activities. Private fresh water pond. Pool. Tennis Court. 2,000SF Cottage. Heated Garage w/auto exhaust. 10-12 family cars or 25 collectible cars. Details www.266MichiganRoad.com. Furnished option

Details

Property type

Single Family Residence

Est. home value

$9,947,705

Lot size

6.36 acres

Price per sq ft

$801

Year built

2004

Annual property taxes

$121,939

Price History

08/11/2024
SmartMLS

SmartMLS #24038736

Listed
$12,989,000
08/10/2024
SmartMLS

SmartMLS #170591063

Removed
$12,989,000
08/16/2023
SmartMLS

SmartMLS #170591063

Listed
$12,989,000

Schools & Community

Elementary school: 

West

Middle school: 

Saxe Middle

High school: 

New Canaan

Community features: 

Golf

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citimortgage Inc

Loan start date

May 2004

Original loan amount

$975,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Not Provided, 30 year

Seller

Emil F Jachmann

Lender

Citimortgage Inc

Loan start date

May 2004

Original loan amount

$975,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Not Provided, 30 year

Seller

Emil F Jachmann

Lender

Citibank Na

Loan start date

June 2001

Original loan amount

$998,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided, 30 year

Seller

Emil F Jachmann

Lender

Citibank Na

Loan start date

June 2001

Original loan amount

$998,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided, 30 year

Seller

Emil F Jachmann

Lender

Citibank Na

Loan start date

August 2000

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

7.88%

Loan type

Not Provided, 30 year

Seller

Emil F Jachmann and Mie Jachmann

Lender

Citibank Na

Loan start date

August 2000

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

7.88%

Loan type

Not Provided, 30 year

Seller

Emil F Jachmann and Mie Jachmann

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/27/2024 at 8:25 PM

Listing updated: 08/16/2024 at 5:18 AM

Listed by: Ileana Barns-Slavin, William Raveis Real Estate Phone #: (203) 246-7215

MLS: SmartMLS #24038736

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