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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

  • 192 days on market
Welcome to Extown Farm. This 17.5 acre property is truly one of a kind offering three separate residences to accommodate a discerning buyer seeking a private compound on an extraordinary piece of land. Comprised of eight structures, the crown jewel of this estate is a 7,000 Sq Ft farmhouse, once part of New Canaan's historic farm. The main house has been painstakingly restored to the highest caliber by renowned Prutting Custom Builders in 2023. Fully equipped with all modern amenities while tastefully preserving many of the original details. The main level features a stunning new kitchen equipped with top-of-the-line appliances, adjacent to a family room with a fireplace and French doors leading to a stone patio and manicured garden. A formal living room, sitting room, office, sun room, butlers pantry and mudroom and powder room complete the main level living spaces. The upstairs houses five spacious bedrooms, including a luxurious primary suite with a large bathroom, dressing room, and a balcony overlooking the picturesque property. The lower level offers an additional room, bathroom, ample storage, and potential for a media room and wine cellar. The large garage building includes three car bays and a heated gym area with a bath. The second floor hosts a brand new two-bedroom apartment with a large deck offering views of the bucolic park-like acreage.

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

06/13/2024
SmartMLS

SmartMLS #24024752

Listed
$7,250,000
+130.89%
09/01/2021
SmartMLS

SmartMLS #170384839

Sold
$3,140,000

Schools & Community

Elementary school: 

East

Middle school: 

Saxe Middle

High school: 

New Canaan

Community features: 

Golf, Pool

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: 12/22/2024 at 2:35 PM

Listing updated: 12/18/2024 at 12:00 PM

Listed by: Chau Ngo, Douglas Elliman of Connecticut Phone #: (917) 848-0341

MLS: SmartMLS #24024752

SmartMLS logo

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