Gravel Island Road
New Canaan, Connecticut 06840
- Beds
- 4
- Baths
- 3
- SqFt
- 4,183
- Acres
- 2.00
- Year Built
- 1932
- 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
A Frazier Peters masterpiece awaits its next steward on a private two-acre sanctuary in New Canaan. Enchanting stone steps lead the way to this magical home, where a great room with a soaring cathedral ceiling and large wood burning fireplace anchors the residence - flanked on one side by effortless entertaining spaces including a gourmet kitchen, formal dining room, and wet bar, as well as the private primary suite, and on the other by three additional bedrooms, a dedicated office, and two full baths. A sunroom bathes the home in natural light, offering a serene retreat to take in the lush, private grounds. Full of timeless character, architectural provenance, and enduring construction quality, this rare offering is ripe for re-imagination by someone ready to put their own stamp on something truly special.
Key Facts
- City/Town
- New Canaan
- Neighborhood
- N/A
- Property / Style
- Single Family · Colonial,Antique
- Year Built
- 1932
- Days on Market
- 0 days
- Beds
- 4
- Baths
- 3 full
- Living Area
- 4,183 sq ft
- Lot Size
- 2.00 acres
- Garage / Parking
- 2 garage
- Property Taxes
- $19,471 / Annually
Market Snapshot
The New Canaan Market
Single Family · trailing 12 months
Active Listings
30
25 under contract
Median List Price
$3.00M
30 active listings
Median Closed Price
$2.79M
208 sales
Median Days on Market
56
30 active listings
Median $ / Sq Ft
$674
30 active listings
Sale-to-List Ratio
102.3%
208 sales
How this home compares
List Price
$2.00M
vs $3.00M median
33.3% below median
Price / Sq Ft
$478
vs $674 median
29.1% below median
Days on Market
0 days
vs 56 days median
56 days fresher than median
Based on 30 active and 208 closed sales (trailing 12 mo) of single family in New Canaan. Source: SmartMLS · As of September 1, 2026.
Location
Gravel Island Road, New Canaan, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 27, 2026per month
- Principal & Interest$10,277
- Property Taxes$1,623
- Insurance$666
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Canaan
- Neighborhood
- N/A
- County
- Fairfield
Residence
- Property Type
- Single Family
- Style
- Colonial,Antique
- Year Built
- 1932
- New Construction
- No/Resale
- Living Area
- 4,183 sq ft
Schools
- Elementary
- East
- High
- New Canaan
Interior
- Heating
- Hot Air
- Heat Fuel
- Oil
- Cooling
- Central AirWindow Unit
- Fireplaces
- 5
- Laundry
- Main Level
- Appliances
- Gas CooktopWall OvenRange HoodRefrigeratorFreezer
- Basement
- Crawl SpacePartial
- Interior Features
- Cable - AvailableSecurity System
Exterior & Lot
- Lot Size
- 2.00 acres
- Zoning
- 2AC
- Garage / Parking
- 2 garage spacesDetached Garage
- Waterfront Details
- Not Applicable
- Water Source
- Private Well
- Sewer
- Septic
- Flood Zone
- No
- Construction
- Other
- Roof
- Shingle
- Foundation
- Stone
- Exterior Features
- French DoorsUnderground SprinklerPatio
- Lot Description
- Some WetlandsRolling
Listing & Financials
- Property Taxes
- $19,471 / Annually
- Days on Market
- 0
- MLS #
- 24203160
- 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 9/1/2026. 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 9/1/2026 at 3:20 PM UTC.