48 Preston Lane
Salisbury, Connecticut 06068
Reduced from $799,000
- Beds
- 2
- Baths
- 2 | 1
- SqFt
- 1,508
- Acres
- 3.12
- Year Built
- 1950
- Neighborhood
- Twin Lakes
- Property Type
- Single Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Seller says BRING OFFERS! You can't beat this new low price! Enjoy a private setting with lake access to beautiful Lake Washinee and the opportunity to customize this home to fit your vision. The current layout features a spacious first-floor primary suite, plus a second bedroom on the lower level with its own exterior access. The expansive lower level offers tremendous potential and can be finished to create additional living space, a family room, home office, guest area, or whatever best suits your needs. The septic system is sized for up to three bedrooms, adding even more flexibility. Outside, relax on the large covered porch overlooking the in-ground pool-an ideal spot for entertaining or enjoying the peaceful surroundings. With lake access, generous space, and plenty of potential, this property is ready for you to make it your own! All room sizes are approximate.
Key Facts
- City/Town
- Salisbury
- Neighborhood
- Twin Lakes
- Property / Style
- Single Family · Ranch
- Year Built
- 1950
- Days on Market
- 259 days
- Beds
- 2
- Baths
- 2 full · 1 half
- Living Area
- 1,508 sq ft
- Lot Size
- 3.12 acres
- Garage / Parking
- 1 garage
- Property Taxes
- $4,712 / Annually
Market Snapshot
The Salisbury Market
Single Family · trailing 12 months
Active Listings
21
14 under contract
Median List Price
$1.65M
21 active listings
Median Closed Price
$925,000
57 sales
Median Days on Market
88
21 active listings
Median $ / Sq Ft
$507
21 active listings
Sale-to-List Ratio
98.5%
57 sales
How this home compares
List Price
$699,000
vs $1.65M median
57.6% below median
Price / Sq Ft
$464
vs $507 median
8.5% below median
Days on Market
259 days
vs 88 days median
171 days longer than median
Based on 21 active and 57 closed sales (trailing 12 mo) of single family in Salisbury. Source: SmartMLS · As of September 18, 2026.
Location
48 Preston Lane, Salisbury, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 17, 2026per month
- Principal & Interest$3,702
- Property Taxes$393
- Insurance$233
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Salisbury
- Neighborhood
- Twin Lakes
- County
- Litchfield
Residence
- Property Type
- Single Family
- Style
- Ranch
- Year Built
- 1950
- New Construction
- No/Resale
- Living Area
- 1,508 sq ft
Schools
- Elementary
- Salisbury
- High
- Housatonic
Interior
- Heating
- Baseboard
- Heat Fuel
- ElectricWood
- Cooling
- Window Unit
- Laundry
- Main Level
- Laundry Location
- located in primary suite
- Appliances
- Gas RangeWasherGas Dryer
- Basement
- Full
- In-Law Apartment
- PossibleLower Level
Exterior & Lot
- Lot Size
- 3.12 acres
- Zoning
- RR1
- Garage / Parking
- 1 garage spaceUnder House Garage
- Waterfront Details
- Walk to WaterDock or MooringAccess
- Water Source
- Private Well
- Sewer
- Septic
- Flood Zone
- No
- Pool
- Safety FenceVinylIn Ground Pool
- Construction
- Cedar
- Roof
- Metal
- Foundation
- BlockConcrete
- Exterior Features
- BalconyDeckGarden AreaHot TubCovered Deck
- Lot Description
- Lightly WoodedLevel LotCleared
Listing & Financials
- Property Taxes
- $4,712 / Annually
- Days on Market
- 259
- MLS #
- 24146718
- MLS Status
- Active
- Financing
- FHA,VA
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 9/18/2026. 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 9/18/2026 at 5:00 AM UTC.