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48 Brookwood Lane

New Canaan, Connecticut 06840

ACTIVE$2,495,000

Reduced from $2,950,000

Beds
3
Baths
2
SqFt
1,483
Acres
4.01
Year Built
1940
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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1 FireplacePrice Reduced

About This Home

Behind the gates of the once star-studded estate lies a rare opportunity to create a legacy property in one of New Canaan's most peaceful and desirable settings. Part of the former storied estate once associated with famous actors, musicians, and industrialists, the property carries a sense of history and character rarely found in today's land offerings. Set on over four flat acres with mature trees, this unique property offers an increasingly rare combination of privacy and beauty minutes from downtown New Canaan, NYC train service, and walkable to nearby Clubs. The land itself is the true standout: level, framed by large mature trees, creating an ideal canvas for a homesite that has been approved for a six-bedroom septic system. Electric utility infrastructure has been installed, significantly shortening the path toward development. An added perk is a Nature walking trail through recently restored acre of improved wetlands Unlike a typical land offering, buyers have the opportunity to collaborate with an experienced builder/design team to help streamline the process. Options may include building a fully custom residence or working from thoughtfully developed architectural concepts tailored specifically for the property and setting. Part of a limited collection of estate homesites that will ultimately define one of New Canaan's most compelling settings.

Key Facts

City/Town
New Canaan
Neighborhood
Oenoke Ridge
Property / Style
Single Family · Cottage
Year Built
1940
Days on Market
316 days
Beds
3
Baths
2 full
Living Area
1,483 sq ft
Lot Size
4.01 acres
Property Taxes
$13,881 / Annually
HOA Fee
$500 / Other

Market Snapshot

The New Canaan Market

Single Family · trailing 12 months

View area

Median Days on Market

51

38 active listings

Median $ / Sq Ft

$678

38 active listings

Sale-to-List Ratio

101.7%

220 sales

How this home compares

List Price

$2.50M

vs $2.98M median

16.1% below median

Price / Sq Ft

$1,682

vs $678 median

2.5× the median

Days on Market

316 days

vs 51 days median

265 days longer than median

Based on 38 active and 220 closed sales (trailing 12 mo) of single family in New Canaan. Source: SmartMLS · As of September 12, 2026.

Location

48 Brookwood Lane, New Canaan, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$14,990

per month

  • Principal & Interest$12,959
  • Property Taxes$1,157
  • Insurance$832
  • HOA$42

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
New Canaan
Neighborhood
Oenoke Ridge
County
Fairfield

Residence

Property Type
Single Family
Style
Cottage
Year Built
1940
New Construction
No/Resale
Living Area
1,483 sq ft

Schools

Elementary
West
High
New Canaan

Interior

Heating
Other
Cooling
Central Air
Fireplaces
1
Appliances
Gas CooktopGas RangeRefrigeratorFreezer
Basement
Full

Exterior & Lot

Lot Size
4.01 acres
Zoning
2AC
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Flood Zone
No
Construction
Shake
Color
White
Roof
Asphalt Shingle
Foundation
Masonry
Lot Description
Some WetlandsLightly WoodedBorders Open SpaceOn Cul-De-Sac

HOA / Association

Fee
$500 / Other

Listing & Financials

Property Taxes
$13,881 / Annually
Days on Market
316
MLS #
24136291
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

James Hoffman

(203) 517-8105

Houlihan Lawrence

(203) 869-0700

Co-Listed By

Doron Sabag

Houlihan Lawrence

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 9/12/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 9/12/2026 at 3:50 AM UTC.