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$4,088,693Estimated home value

Beds
6
Baths
5.5
sq ft
5,500

531 Fairfield Beach Rd, Fairfield, CT 06824

531 Fairfield Beach Rd

Fairfield, CT 06824

  • Off market
    • Price drop $100,000↓
Spectacular beachfront home w/6 car garage & separate guest house (legal rental) located on the coveted FAIRFIELD BEACH (near Penfield Beach) with a total of 5500 SF of living space, 70 feet of beach frontage w/panoramic views of Long Island Sound & Penfield Lighthouse. Main house boasts tons of windows & sliding french doors that provide an abundance of sunlight & ocean breezes. The main level has an open floor plan w/wrap around covered porch, living room w/gas fireplace, dining area, breakfast area, eat in kitchen, walk-in pantry, powder room, mudroom, laundry room & two car garage. Radiant heated floors on two levels. Rear staircase to 500SF family room w/soaring ceiling. The primary suite has a luxurious spa-like bathroom, spacious walk in closet, office/sitting room & french sliders to covered porch. Fabulous 2nd ensuite bedroom w/sliders to covered porch & walk-in closet, two additional bedrooms & hall bath. Walk up 3rd floor serves as an incredible playroom or exercise room with tons of storage and a peacefully located inset balcony overlooking the beach & water. The detached apartment on property, located over the additional four-car garage, has a nearly 1000SF and two bedrooms - perfect for AuPair, In-Law or rental income potential. Add'l characteristics include exterior access only bathroom with shower for beach guests, solar panels, two level 2 EV chargers, whole house gas generator, security system, vinyl shingle siding & trim. Best deal on Fairfield Beach!.

Details

Property type

Single Family Residence

Est. home value

$4,088,693

Lot size

0.38 acres

Price per sq ft

$700

Year built

2012

Annual property taxes

$58,369

Price History

10/01/2024
SmartMLS

SmartMLS #24004197

Removed
$3,850,000
09/01/2024
SmartMLS

SmartMLS #24004197

Price change
$3,850,000
-2.53%
06/28/2024
SmartMLS

SmartMLS #24004197

Price change
$3,950,000
-3.66%

Schools & Community

Elementary school: 

Roger Sherman

Middle school: 

Roger Ludlowe

High school: 

Fairfield Ludlowe

Community features: 

Golf, 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

Ctx Mortgage Co

Loan start date

February 1999

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

6.83%

Loan type

Not Provided, 30 year

Seller

Stephen M Carr and Deborah J Carr

Lender

Ctx Mortgage Co

Loan start date

February 1999

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

6.83%

Loan type

Not Provided, 30 year

Seller

Stephen M Carr and Deborah J Carr

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: Off Market

Tomo last checked: 10/04/2024 at 11:00 PM

Listing updated: 09/30/2024 at 2:02 PM

Listed by: Christi McEldowney, William Raveis Real Estate Phone #: (203) 520-0248

MLS: SmartMLS #24004197

SmartMLS logo

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