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118 Sherry Lane

New Milford, Connecticut 06776

ACTIVE - NEW$699,000
Beds
3
Baths
2
SqFt
912
Acres
0.27
Year Built
1968
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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WaterfrontDock / Mooring1 Fireplace

About This Home

Opportunity knocks! Enjoy your own slice of paradise on Candlewood Lake! This charming mid-century direct waterfront bungalow is nestled in its own pocket cove, offering both western exposure sunsets and southerly views. Enter the house from your large deck into the light and bright living room with eat-in kitchen area featuring floor-to-ceiling windows and field stone fireplace. The living space also includes a recently updated and modernized en-suite bathroom off the primary bedroom (large enough for king-sized bed), plus two other bedrooms sharing their own full hall bathroom. With new energy-efficient mini-split heating/AC, each room controls its own temperature. Bring your grill! Your large deck - perfect for entertaining - directly overlooks the lake. Stroll down the gentle slope to your shared dock where you can keep your own boat, or continue your walk across the lawn to the private community's sandy beach with roped-off swimming area, swim dock, picnic area, and kayak storage. The property is centered in a large arc of "no wake zone" just north of Gerard's Marina, perched above a protected cove that's ideal for swimming and paddleboarding. This adorable cottage is ready for your own interior design ideas and updates, or consider expanding onto the house in the future. This is a much-loved "as is" home with million-dollar views and plenty of options - lakefront at this price point is rare indeed, so don't miss out!

Key Facts

City/Town
New Milford
Neighborhood
Candlewood Point
Property / Style
Single Family · Ranch
Year Built
1968
Days on Market
6 days
Beds
3
Baths
2 full
Living Area
912 sq ft
Lot Size
0.27 acres
Property Taxes
$14,244 / Annually

Market Snapshot

The New Milford Market

Single Family · trailing 12 months

Median Days on Market

39

56 active listings

Median $ / Sq Ft

$290

56 active listings

Sale-to-List Ratio

100.0%

246 sales

How this home compares

List Price

$699,000

vs $609,450 median

14.7% above median

Price / Sq Ft

$766

vs $290 median

2.6× the median

Days on Market

6 days

vs 39 days median

33 days fresher than median

Based on 56 active and 246 closed sales (trailing 12 mo) of single family in New Milford. Source: SmartMLS · As of July 28, 2026.

Location

118 Sherry Lane, New Milford, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,984

per month

  • Principal & Interest$3,564
  • Property Taxes$1,187
  • Insurance$233
  • HOA$0

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

Location

City/Town
New Milford
Neighborhood
Candlewood Point
County
Litchfield

Residence

Property Type
Single Family
Style
Ranch
Year Built
1968
New Construction
No/Resale
Living Area
912 sq ft

Schools

Elementary
Hill & Plain
Middle
Sarah Noble
High
New Milford

Interior

Heating
Hot Air
Heat Fuel
Electric
Cooling
Ductless
Fireplaces
1
Laundry
Main Level
Appliances
Electric RangeRefrigeratorFreezerDishwasherWasherDryer
Basement
Crawl Space

Exterior & Lot

Lot Size
0.27 acres
Zoning
R8
Waterfront
Direct waterfront
Waterfront Details
LakeBeachDock or MooringWater CommunityAccess
Water Source
Private Water System
Sewer
Septic
Construction
Wood
Roof
Asphalt Shingle
Foundation
Block
Lot Description
Sloping LotWater View

Listing & Financials

Property Taxes
$14,244 / Annually
Days on Market
6
MLS #
24193310
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

William Stuart

(203) 788-0641

Berkshire Hathaway NE Prop.

(203) 438-9501

Co-Listed By

Casey Jordan

Berkshire Hathaway NE Prop.

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 5:25 AM UTC.