40 Candlewood Lake Road South #1
New Milford, Connecticut 06776
- Beds
- 2
- Baths
- 1 | 1
- SqFt
- 1,090
- Year Built
- 1968
- Neighborhood
- Candlewood Lake
- Property Type
- Condo
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Investors Take Note! Awesome opportunity in this 2-bedroom, 1-bath condo with a long-term, ready-made, great tenant already in place! Located in southern New Milford, a stone's throw from the Brookfield border and right on the public bus line for easy access down-county, this main-level unit (no steps!) is ready for you to own and start reaping the benefits of investor ownership. Washer and dryer in-unit, plus extra storage space. Excellent guest parking, with reserved parking for the tenant. Enjoy the patio off the living room slider, and a wood-burning fireplace - all on one level for easy living. A great first-time buyer opportunity for owner occupants!
Key Facts
- City/Town
- New Milford
- Neighborhood
- Candlewood Lake
- Property / Style
- Condo · Ranch
- Year Built
- 1968
- Days on Market
- 25 days
- Beds
- 2
- Baths
- 1 full · 1 half
- Living Area
- 1,090 sq ft
- Garage / Parking
- 2 total
- Property Taxes
- $1,966 / Annually
- HOA Fee
- $500 / Monthly
Market Snapshot
The New Milford Market
Condo · trailing 12 months
Active Listings
16
24 under contract
Median List Price
$254,900
16 active listings
Median Closed Price
$270,000
100 sales
Median Days on Market
30
16 active listings
Median $ / Sq Ft
$248
16 active listings
Sale-to-List Ratio
100.0%
100 sales
How this home compares
List Price
$259,900
vs $254,900 median
In line with median
Price / Sq Ft
$238
vs $248 median
In line with median
Days on Market
25 days
vs 30 days median
5 days fresher than median
Based on 16 active and 100 closed sales (trailing 12 mo) of condo in New Milford. Source: SmartMLS · As of July 28, 2026.
Location
40 Candlewood Lake Road South #1, New Milford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,325
- Property Taxes$164
- Insurance$87
- HOA$500
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
- Condo
- Subtype
- Condominium
- Style
- Ranch
- Year Built
- 1968
- New Construction
- No/Resale
- Living Area
- 1,090 sq ft
Schools
- Elementary
- Hill & Plain
- Middle
- Sarah Noble Intermediate Schoo
- High
- New Milford
Interior
- Heating
- Baseboard
- Heat Fuel
- Electric
- Cooling
- Wall Unit
- Fireplaces
- 1
- Laundry
- Common Laundry Area
- Appliances
- Oven/RangeRefrigerator
- Basement
- None
- In-Law Apartment
- No
- Interior Features
- Cable - Pre-wiredOpen Floor Plan
Exterior & Lot
- Zoning
- RM
- Garage / Parking
- 2 total parking spacesPavedParking LotAssigned Parking
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Vinyl Siding
- Color
- Brick
- Exterior Features
- SidewalkGuttersLightingPatio
- Lot Description
- Level LotOn Cul-De-Sac
HOA / Association
- Fee
- $500 / Monthly
- Amenities
- Guest Parking
Listing & Financials
- Property Taxes
- $1,966 / Annually
- Days on Market
- 25
- MLS #
- 24188548
- MLS Status
- Active
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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 6:55 AM UTC.