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Chestnut Land Road

New Milford, Connecticut 06776

ACTIVE$1,300,000

Reduced from $1,400,000

Beds
0
Baths
0
SqFt
Acres
61.54
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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About This Home

An exceptional offering awaits with this beautiful 61.54-acre parcel ideally positioned in a prime New Milford location, bordering the charming village of Washington Depot. This property is designated agricultural land, while also offering exceptional potential for a variety of future uses, including subdivision, a vineyard, equestrian estate, or private country retreat, solar farm. Featuring sweeping views with substantial level, usable land, the setting provides a beautiful and versatile landscape with endless possibilities. Originally subdivided in 1990 for 26 lots, any future subdivision would require new approvals, offering the opportunity to reimagine the property to today's standards. Enjoy the best of Litchfield County living with close proximity to downtown New Milford, as well as the scenic beauty of Lake Waramaug and surrounding towns. Maps and additional information available. A rare opportunity to bring your vision to life. Close to schools, shopping, dining, commuting and the ambience of New Milford and surrounding charming towns.

Key Facts

City/Town
New Milford
Neighborhood
N/A
Property Type
Land
Days on Market
92 days
Beds
0
Baths
0 baths
Lot Size
61.54 acres
Property Taxes
$3,498 / 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

$1.30M

vs $249,000 median

5.2× the median

Price / Sq Ft

--

Median unavailable

Limited comparable data

Days on Market

92 days

vs 109 days median

17 days fresher 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

Chestnut Land Road, New Milford, Connecticut

Property + 8 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$7,353

per month

  • Principal & Interest$6,628
  • Property Taxes$292
  • Insurance$433
  • HOA$0

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

Location

City/Town
New Milford
Neighborhood
N/A
County
Litchfield

Residence

Property Type
Land
Subtype
SingleFamilyResidence

Schools

Elementary
Per Board of Ed
High
New Milford

Exterior & Lot

Lot Size
61.54 acres
Zoning
R60/R80
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic Required
Lot Description
Some WetlandsLightly WoodedTreedLevel LotSloping LotCleared

Listing & Financials

Property Taxes
$3,498 / Annually
Days on Market
92
MLS #
24170226
MLS Status
Active

Similar Properties

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Listed By

Carol Hanlon

(203) 240-1233

Coldwell Banker Realty

(203) 438-9000

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 6:55 AM UTC.