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Candlewood Mountain Road

New Milford, Connecticut 06776

ACTIVE$1,499,000

Reduced from $2,200,000

Beds
0
Baths
0
SqFt
Acres
98.22
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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WaterfrontPrice Reduced

About This Home

Discover an unparalleled opportunity on an elevated unspoiled lot on Candlewood Mountain Rd, New Milford, CT, where sophistication meets tranquility. For sale for the first time in recent history, this expansive 98 acre lot offers a canvas of possibilities. Envision your dream home or a family compound nestled amidst a gentle rolling landscape that seamlessly blends lush fields with open woods. This exquisite property is ideal for those seeking privacy and tranquility, as it abuts a serene horse farm and utility-controlled land. With direct waterfront access (1,200 ft of frontage) on a private pond, your home will be a sanctuary for relaxation and reflection. Enjoy the privilege of a private pond, providing endless opportunities for waterfront recreation. The enchanting water views add a touch of elegance to this remarkable setting. With the potential to subdivide and over a mile of frontage on two roads, the property adapts to suit your vision. Embrace this rare chance to create an estate that embodies both luxury and nature, set in an idyllic location that promises peace and prestige.

Key Facts

City/Town
New Milford
Neighborhood
Candlewood Lake
Property Type
Land
Days on Market
264 days
Beds
0
Baths
0 baths
Lot Size
98.22 acres
Property Taxes
$703 / Annually

Market Snapshot

The New Milford Market

Land · trailing 12 months

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

$1.50M

vs $249,000 median

6.0× 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

Property + 5 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$8,202

per month

  • Principal & Interest$7,643
  • Property Taxes$59
  • Insurance$500
  • 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
98.22 acres
Zoning
R60
Waterfront
Direct waterfront
Waterfront Details
PondAccess
Water Source
Well Required
Sewer
Septic Required
Lot Description
Lightly WoodedTreedFarm LandRolling

Listing & Financials

Property Taxes
$703 / Annually
Days on Market
264
MLS #
24138000
MLS Status
Active

Similar Properties

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

Listed By

Kevin Donovan

(203) 512-5349

Compass Connecticut, LLC

(203) 489-6499

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 8:02 AM UTC.