158 Spring Water Lane
New Canaan, Connecticut 06840
- Beds
- 0
- Baths
- 0
- SqFt
- —
- Acres
- 1.00
- Neighborhood
- Talmadge Hill
- 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
A rare opportunity to own a beautiful 1-acre property on the sought-after west side of town in one of New Canaan's most desirable neighborhoods. The existing residence offers renovation potential, while the exceptional lot provides the ideal setting to build a custom home. Enjoy the perfect balance of privacy and convenience with easy access to downtown New Canaan, the Merritt Parkway, shopping, dining, parks, and top-rated schools. Please do not walk the property without a confirmed appointment.
Key Facts
- City/Town
- New Canaan
- Neighborhood
- Talmadge Hill
- Property Type
- Land
- Days on Market
- 21 days
- Beds
- 0
- Baths
- 0 baths
- Lot Size
- 1.00 acres
- Property Taxes
- $13,187 / Annually
Market Snapshot
The New Canaan Market
Land · trailing 12 months
Active Listings
8
3 under contract
Median List Price
$1.66M
8 active listings
Median Closed Price
$1.60M
5 sales
Median Days on Market
764
8 active listings
Median $ / Sq Ft
--
8 active listings
Sale-to-List Ratio
100.0%
5 sales
How this home compares
List Price
$950,000
vs $1.66M median
42.8% below median
Price / Sq Ft
--
Median unavailable
Limited comparable data
Days on Market
21 days
vs 764 days median
743 days fresher than median
Based on 8 active and 5 closed sales (trailing 12 mo) of land in New Canaan. Source: SmartMLS · As of July 28, 2026.
Location
158 Spring Water Lane, New Canaan, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$4,844
- Property Taxes$1,099
- Insurance$317
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Canaan
- Neighborhood
- Talmadge Hill
- County
- Fairfield
Residence
- Property Type
- Land
- Subtype
- SingleFamilyResidence
Schools
- Elementary
- West
- High
- New Canaan
Exterior & Lot
- Lot Size
- 1.00 acres
- Zoning
- 1AC
- Waterfront Details
- Not Applicable
- Water Source
- Private Well
- Sewer
- Septic
- Lot Description
- Some WetlandsLightly WoodedLevel Lot
Listing & Financials
- Property Taxes
- $13,187 / Annually
- Days on Market
- 21
- MLS #
- 24186029
- MLS Status
- Active
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Lauren Healy
Compass Connecticut, LLC
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 4:25 AM UTC.