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$7,250,000

Beds
8
Baths
8.5
sq ft
7,000

485 Laurel Rd, New Canaan, CT 06840

485 Laurel Rd

New Canaan, CT 06840

  • 8 days on market
Welcome to Extown Farm, a stunning 17.5-acre estate that once served as New Canaan's historic farm. This rare property offers 3 separate residences, making it perfect for discerned buyers seeking a private compound. At the heart of the estate is the crown jewel: a meticulously restored 7,000 sqft farmhouse that masterfully combines modern luxury with timeless charm. This whole house renovation, completed in 2023 by acclaimed Prutting Custom Builders and designed by renowned architect Joeb Moore, also includes a stunning new addition. Addition features a state-of-the-art kitchen, walk-in pantry, wet bar, family room, foyer/mudroom, luxurious primary suite w/private balcony, double stacked washer/dryer laundry room, and a finished lower level offering additional living space. The estate also showcases a newly constructed 2-bedroom apartment above a 3-bay garage, complete with a private deck overlooking the picturesque park-like lawn, and a gym with a full bath. Across the property, an award-winning 1-bedroom guest cottage boasts a dramatic 2-story great room, an updated kitchen, a sunroom with a cozy fireplace w/breathtaking views, and a new ADA-compliant bathroom. Additional structures include a barn with an indoor basketball hoop-ideal for recreation or reimagined into something special, a former stable, a 2-story hobby house ideal for a separate home office/creative studio, a historic barn, and a seasonal flower and vegetable garden adding to the charm! The beautifully

Details

Property type

Single Family Residence

Lot size

17.50 acres

Price per sq ft

$1,036

Year built

1846

Annual property taxes

$36,795

Price History

01/24/2025
SmartMLS

SmartMLS #24070171

Listed
$7,250,000
01/17/2025
SmartMLS

SmartMLS #24024752

Removed
$7,250,000
06/13/2024
SmartMLS

SmartMLS #24024752

Listed
$7,250,000
+130.89%

Schools & Community

Elementary school: 

East

Middle school: 

Unknown

High school: 

New Canaan

Community features: 

Golf, Pool, Tennis Court(s)

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

Fairfield County Bank

Loan start date

January 2024

Original loan amount

$2,400,000

Est. remaining balance

Not provided

Interest rate

7.13%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Pond Weed Llc

Lender

Fairfield County Bank

Loan start date

January 2024

Original loan amount

$2,400,000

Est. remaining balance

Not provided

Interest rate

7.13%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Pond Weed Llc

Lender

Fairfield County Bank

Loan start date

September 2021

Original loan amount

$2,400,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Commercial, 2 year

Seller

Pond Weed Llc

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?

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Status: Active

Tomo last checked: 02/02/2025 at 5:05 AM

Listing updated: 01/25/2025 at 10:00 AM

Listed by: Chau Ngo, Compass Connecticut, LLC Phone #: (917) 848-0341

MLS: SmartMLS #24070171

SmartMLS logo

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