48 Brookwood Lane
New Canaan, Connecticut 06840
Reduced from $2,950,000
- Beds
- 3
- Baths
- 2
- SqFt
- 1,483
- Acres
- 4.01
- Year Built
- 1940
- Neighborhood
- Oenoke Ridge
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
38
20 under contract
Median List Price
$2.98M
38 active listings
Median Closed Price
$2.80M
220 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 10, 2026per 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
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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.