158 Spring Water Lane
New Canaan, Connecticut 06840
- Beds
- 2
- Baths
- 1
- SqFt
- 1,278
- Acres
- 1.00
- Year Built
- 1950
- Neighborhood
- Talmadge Hill
- Property Type
- Single Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Set on a desirable 1-acre lot in a quiet neighborhood setting on the west side of town, this property offers exceptional potential to renovate, expand or reimagine the existing home to fit your lifestyle. Ideally located with easy access to town, the Merritt Parkway, shopping, dining, and top-rated schools, the property combines convenience, privacy, and enduring neighborhood appeal. A rare opportunity to create your dream home in one of New Canaan's most desirable locations. Please do not walk property without confirmed appointment.
Key Facts
- City/Town
- New Canaan
- Neighborhood
- Talmadge Hill
- Property / Style
- Single Family · Cape Cod
- Year Built
- 1950
- Days on Market
- 21 days
- Beds
- 2
- Baths
- 1 full
- Living Area
- 1,278 sq ft
- Lot Size
- 1.00 acres
- Garage / Parking
- 1 garage
- Property Taxes
- $13,187 / Annually
Market Snapshot
The New Canaan Market
Single Family · trailing 12 months
Active Listings
34
51 under contract
Median List Price
$3.02M
34 active listings
Median Closed Price
$2.75M
211 sales
Median Days on Market
42
34 active listings
Median $ / Sq Ft
$636
34 active listings
Sale-to-List Ratio
100.5%
211 sales
How this home compares
List Price
$950,000
vs $3.02M median
68.6% below median
Price / Sq Ft
$743
vs $636 median
16.8% above median
Days on Market
21 days
vs 42 days median
21 days fresher than median
Based on 34 active and 211 closed sales (trailing 12 mo) of single family 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
- Single Family
- Style
- Cape Cod
- Year Built
- 1950
- New Construction
- No/Resale
- Living Area
- 1,278 sq ft
Schools
- Elementary
- West
- High
- New Canaan
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- None
- Fireplaces
- 1
- Laundry
- Main Level
- Appliances
- Electric CooktopRefrigeratorWasherDryer
- Basement
- PartialHatchway Access
Exterior & Lot
- Lot Size
- 1.00 acres
- Zoning
- 1AC
- Garage / Parking
- 1 garage spaceDetached Garage
- Waterfront Details
- Not Applicable
- Water Source
- Private Well
- Sewer
- Septic
- Flood Zone
- No
- Construction
- ShingleWood
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Porch
- Lot Description
- Some WetlandsLightly WoodedLevel Lot
Listing & Financials
- Property Taxes
- $13,187 / Annually
- Days on Market
- 21
- MLS #
- 24186026
- 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 6:55 AM UTC.