Lantern Ridge Road
New Canaan, Connecticut 06840
- Beds
- 0
- Baths
- 0
- SqFt
- —
- Acres
- 1.98
- 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
Land opportunity priced under 1 million on quiet cul-de-sac overlooking Milne Lake. This vacant property offers a serene setting with stunning reservoir views, combining natural beauty with exceptional convenience. Located in a premier New Canaan neighborhood, at the very end of the street, this tree-lined spot is perfect for walking, biking, and enjoying nearby nature reserves. While it feels worlds away from the bustle, it is only minutes from local amenities and offers easy Metro-North access to NYC. Whether you are looking to create a weekend retreat or a forever home, this property is the perfect canvas for your custom build.
Key Facts
- City/Town
- New Canaan
- Neighborhood
- N/A
- Property Type
- Land
- Days on Market
- 35 days
- Beds
- 0
- Baths
- 0 baths
- Lot Size
- 1.98 acres
- Property Taxes
- $9,726 / Annually
Market Snapshot
The New Canaan Market
Land · trailing 12 months
Active Listings
9
3 under contract
Median List Price
$1.70M
9 active listings
Median Closed Price
$1.60M
5 sales
Median Days on Market
764
9 active listings
Median $ / Sq Ft
--
9 active listings
Sale-to-List Ratio
100.0%
5 sales
How this home compares
List Price
$999,000
vs $1.70M median
41.2% below median
Price / Sq Ft
--
Median unavailable
Limited comparable data
Days on Market
35 days
vs 764 days median
729 days fresher than median
Based on 9 active and 5 closed sales (trailing 12 mo) of land in New Canaan. Source: SmartMLS · As of July 28, 2026.
Location
Lantern Ridge Road, New Canaan, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$5,094
- Property Taxes$811
- Insurance$333
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Canaan
- Neighborhood
- N/A
- County
- Fairfield
Residence
- Property Type
- Land
- Subtype
- SingleFamilyResidence
Schools
- Elementary
- East
- Middle
- Per Board of Ed
- High
- New Canaan
Exterior & Lot
- Lot Size
- 1.98 acres
- Zoning
- 4AC
- Waterfront Details
- ViewSeasonal
- Water Source
- Well Required
- Sewer
- Septic Required
- Lot Description
- TreedSloping LotOn Cul-De-Sac
Listing & Financials
- Property Taxes
- $9,726 / Annually
- Days on Market
- 35
- MLS #
- 24186156
- MLS Status
- Active
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 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 5:20 AM UTC.