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5 Lakeview Drive

Norwalk, Connecticut 06850

ACTIVE$499,000

Reduced from $575,000

Beds
3
Baths
1 | 1
SqFt
1,152
Acres
0.11
Year Built
1947
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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Price Reduced

About This Home

Possible Short Sale Subject to Lien Holders' approval. 3 Bedroom and 1.5 bath. House in need of complete rehab. SOLD AS IS with left over stuff in the house. House is occupied. Please do not go without confirmation! Offers with cash or Hard money lenders only. Will not qualify for conventional or any other loan. Property tax is phased in for 2025-2026. Gross assessment for next fiscal year will be $294,300. Property can be shown Tuesday March 3rd between 1 & 2.

Key Facts

City/Town
Norwalk
Neighborhood
Silvermine
Property / Style
Single Family · Cape Cod
Year Built
1947
Days on Market
179 days
Beds
3
Baths
1 full · 1 half
Living Area
1,152 sq ft
Lot Size
0.11 acres
Garage / Parking
2 total
Property Taxes
$6,337 / Annually

Market Snapshot

The Norwalk Market

Single Family · trailing 12 months

View area

Median Days on Market

29

75 active listings

Median $ / Sq Ft

$425

75 active listings

Sale-to-List Ratio

102.3%

515 sales

How this home compares

List Price

$499,000

vs $900,000 median

44.6% below median

Price / Sq Ft

$433

vs $425 median

In line with median

Days on Market

179 days

vs 29 days median

150 days longer than median

Based on 75 active and 515 closed sales (trailing 12 mo) of single family in Norwalk. Source: SmartMLS · As of July 28, 2026.

Location

5 Lakeview Drive, Norwalk, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,238

per month

  • Principal & Interest$2,544
  • Property Taxes$528
  • Insurance$166
  • HOA$0

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

Location

City/Town
Norwalk
Neighborhood
Silvermine
County
Fairfield

Residence

Property Type
Single Family
Style
Cape Cod
Year Built
1947
New Construction
No/Resale
Living Area
1,152 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
None
Appliances
None
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.11 acres
Zoning
B
Garage / Parking
2 total parking spacesPavedDrivewayPaved
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Aluminum
Color
Yellow
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level Lot

Listing & Financials

Property Taxes
$6,337 / Annually
Days on Market
179
MLS #
24151671
MLS Status
Active

Similar Properties

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

Listed By

Aziz Seyal

(203) 209-9396

William Raveis Real Estate

(203) 255-6841

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 5:25 AM UTC.