118 Sherry Lane
New Milford, Connecticut 06776
- Beds
- 3
- Baths
- 2
- SqFt
- 912
- Acres
- 0.27
- Year Built
- 1968
- Neighborhood
- Candlewood Point
- 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
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
Active Listings
56
56 under contract
Median List Price
$609,450
56 active listings
Median Closed Price
$525,000
246 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
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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.