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49 Reed Street

North Canaan, Connecticut 06018

ACTIVE - NEW$149,900
Beds
3
Baths
2
SqFt
1,736
Acres
0.32
Year Built
1947
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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1 Fireplace

About This Home

Incredible opportunity to transform this solid 3 bedroom, 2 full bath Cape into your dream home! The main level features a spacious living room with a cozy fireplace, formal dining room, kitchen, full bathroom, and two generously sized bedrooms. Upstairs offers a third bedroom, den, possible fourth bedroom, second full bathroom, and convenient kitchenette, providing flexible space for guests, a home office, hobbies, or additional living areas. Set on a large, level yard with plenty of room for gardening, outdoor entertaining, recreation, or future improvements, this property offers tremendous potential both inside and out. Ideally located within walking distance of the town center, the home combines small town charm with everyday convenience. Just 20 minutes from Great Barrington and convenient to Salisbury, Lakeville, Falls Village, Lime Rock, Norfolk, the Berkshires, the Appalachian Trail, and the Housatonic River, the property is surrounded by the natural beauty, outdoor recreation, dining, shopping, and cultural attractions that make the Northwest Corner such a desirable place to live or escape to. An excellent opportunity for owner occupants, investors, or those seeking a weekend retreat, this home is being sold as is and is ready for its next owner to renovate, restore, and make it their own!

Key Facts

City/Town
North Canaan
Neighborhood
N/A
Property / Style
Single Family · Cape Cod
Year Built
1947
Days on Market
0 days
Beds
3
Baths
2 full
Living Area
1,736 sq ft
Lot Size
0.32 acres
Property Taxes
$4,168 / Annually

Market Snapshot

The North Canaan Market

Single Family · trailing 12 months

Median Days on Market

104

9 active listings

Median $ / Sq Ft

$213

9 active listings

Sale-to-List Ratio

99.0%

26 sales

How this home compares

List Price

$149,900

vs $550,000 median

72.7% below median

Price / Sq Ft

$86

vs $213 median

59.6% below median

Days on Market

0 days

vs 104 days median

104 days fresher than median

Based on 9 active and 26 closed sales (trailing 12 mo) of single family in North Canaan. Source: SmartMLS · As of October 4, 2026.

Location

49 Reed Street, North Canaan, Connecticut

Property + 3 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,218

per month

  • Principal & Interest$821
  • Property Taxes$347
  • Insurance$50
  • HOA$0

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

Location

City/Town
North Canaan
Neighborhood
N/A
County
Litchfield

Residence

Property Type
Single Family
Style
Cape Cod
Year Built
1947
New Construction
No/Resale
Living Area
1,736 sq ft

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
None
Fireplaces
1
Appliances
Oven/RangeRefrigeratorWasherDryer
Basement
FullUnfinished
In-Law Apartment
PossibleSecond Floor

Exterior & Lot

Lot Size
0.32 acres
Zoning
2
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Wood
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Lightly WoodedLevel Lot

Listing & Financials

Property Taxes
$4,168 / Annually
Days on Market
0
MLS #
24211798
MLS Status
Active

Similar Properties

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

Listed By

Mike Gregor

(860) 866-7470

Cohen Agency SiM, LLC

(860) 482-5503

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 10/4/2026. 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 10/4/2026 at 5:15 PM UTC.