Candlewood Mountain Road
New Milford, Connecticut 06776
Reduced from $1,700,000
- Beds
- 0
- Baths
- 0
- SqFt
- —
- Acres
- 3.12
- Neighborhood
- Candlewood Lake
- Property Type
- Land

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Nestled in the serene landscape of New Milford, CT, past horse farms and fields, this special property on Mountain Drive presents a once-in-a-lifetime opportunity to own a piece of local history. Offered for the first time since its original ownership (back before the lake existed), this three-acre estate is a testament to refined countryside living. The level lot, adorned with a charming barn, invites you to design and build your dream home amidst nature's embrace. Complementing this vast expanse is a coveted 0.28-acre waterfront parcel that boasts a private beach, a personal dock, and breathtaking water views. Imagine mornings spent basking in tranquil waters and evenings enjoying the sunlight glistening off the lake, right from your own backyard. This property, rich with history and potential, offers a unique canvas for crafting a bespoke lifestyle, combining elegance and comfort with unparalleled water access. Seize this opportunity to create a legacy estate, perfectly situated to enjoy both the peace of the countryside and the allure of lakeside living. Taxes on the barn are: $5,606.00 Taxes on the waterfront portion are: $3,179.00
Key Facts
- City/Town
- New Milford
- Neighborhood
- Candlewood Lake
- Property Type
- Land
- Days on Market
- 264 days
- Beds
- 0
- Baths
- 0 baths
- Lot Size
- 3.12 acres
- Property Taxes
- $5,606 / Annually
Market Snapshot
The New Milford Market
Land · trailing 12 months
Active Listings
21
3 under contract
Median List Price
$249,000
21 active listings
Median Closed Price
$125,000
13 sales
Median Days on Market
109
21 active listings
Median $ / Sq Ft
--
21 active listings
Sale-to-List Ratio
90.5%
13 sales
How this home compares
List Price
$1.39M
vs $249,000 median
5.6× the median
Price / Sq Ft
--
Median unavailable
Limited comparable data
Days on Market
264 days
vs 109 days median
155 days longer than median
Based on 21 active and 13 closed sales (trailing 12 mo) of land in New Milford. Source: SmartMLS · As of July 28, 2026.
Location
Candlewood Mountain Road, New Milford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$7,087
- Property Taxes$467
- Insurance$463
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Milford
- Neighborhood
- Candlewood Lake
- County
- Litchfield
Residence
- Property Type
- Land
- Subtype
- SingleFamilyResidence
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Exterior & Lot
- Lot Size
- 3.12 acres
- Zoning
- R80
- Waterfront
- Direct waterfront
- Waterfront Details
- LakeBeachWalk to WaterDock or MooringViewAccess
- Water Source
- Private Well
- Sewer
- Septic Required
- Lot Description
- TreedLevel LotOn Cul-De-SacClearedWater View
Listing & Financials
- Property Taxes
- $5,606 / Annually
- Days on Market
- 264
- MLS #
- 24137997
- MLS Status
- Active
Similar Properties
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Co-Listed By
Omar Cruz
Compass Connecticut, LLC
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. 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 7/28/2026 at 8:01 AM UTC.