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40 Candlewood Lake Road South #4

New Milford, Connecticut 06776

ACTIVE - NEW$259,900
Beds
2
Baths
1 | 1
SqFt
1,090
Year Built
1968
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Affordable & Move-In Ready Value! Discover an exceptional opportunity at Candlewood Valley in the southernmost section of New Milford, just a stone's throw from the Brookfield line! This spacious upper-level 2-bedroom, 1.5-bath condo offers nearly 1,100 sq. ft. of beautifully refreshed living space, ideal for an owner-occupant or savvy investor. Recently renovated with luxury vinyl plank flooring and fresh paint throughout, this inviting home features generously sized rooms, a cozy wood-burning fireplace, and a private rear balcony for morning coffee or evening relaxation. Enjoy the convenience of your own washer/dryer hookups with appliances included, plus additional storage in the shared basement, easily accessed from the rear of the building. Reserved parking and abundant additional spaces accommodate guests and multiple vehicles. Location? Hard to beat! Walk to the famous Elephant's Trunk Flea Market on weekends, catch public transportation right outside the complex, or enjoy easy access to Brookfield, shopping, dining, and commuter routes. Historic downtown New Milford and its beautiful Village Green are just minutes away! Whether you're looking for an affordable place to call home or an investment property with income potential, this Candlewood Valley gem checks all the boxes. Fresh, spacious, convenient, and ready for its next chapter. Come see the value for yourself!

Key Facts

City/Town
New Milford
Neighborhood
Candlewood Lake
Property / Style
Condo · Ranch
Year Built
1968
Days on Market
0 days
Beds
2
Baths
1 full · 1 half
Living Area
1,090 sq ft
Garage / Parking
2 total
Property Taxes
$3,141 / Annually
HOA Fee
$400 / Monthly

Market Snapshot

The New Milford Market

Condo · trailing 12 months

Median Days on Market

47

16 active listings

Median $ / Sq Ft

$239

16 active listings

Sale-to-List Ratio

100.0%

114 sales

How this home compares

List Price

$259,900

vs $297,450 median

12.6% below median

Price / Sq Ft

$238

vs $239 median

In line with median

Days on Market

0 days

vs 47 days median

47 days fresher than median

Based on 16 active and 114 closed sales (trailing 12 mo) of condo in New Milford. Source: SmartMLS · As of October 21, 2026.

Location

40 Candlewood Lake Road South #4, New Milford, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,189

per month

  • Principal & Interest$1,440
  • Property Taxes$262
  • Insurance$87
  • HOA$400

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

Location

City/Town
New Milford
Neighborhood
Candlewood Lake
County
Litchfield

Residence

Property Type
Condo
Subtype
Condominium
Style
Ranch
Year Built
1968
New Construction
No/Resale
Living Area
1,090 sq ft

Schools

Elementary
Hill & Plain
Middle
Sarah Noble Intermediate Schoo
High
New Milford

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Wall Unit
Fireplaces
1
Laundry
Main Level
Laundry Location
Kitchen
Appliances
Oven/RangeRefrigeratorWasherDryer
Basement
FullUnfinishedShared BasementStorageConcrete Floor
In-Law Apartment
No
Interior Features
Cable - Pre-wired
Accessibility
Hard/Low Nap Floors

Exterior & Lot

Zoning
RM
Garage / Parking
2 total parking spacesParking LotAssigned Parking
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Color
Brick
Exterior Features
BalconyGuttersLighting
Lot Description
Level LotOn Cul-De-Sac

HOA / Association

Fee
$400 / Monthly
Amenities
Guest Parking

Listing & Financials

Property Taxes
$3,141 / Annually
Days on Market
0
MLS #
24215801
MLS Status
Active

Similar Properties

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

Listed By

Todd Sargent

(203) 948-1729

Coldwell Banker Realty

(860) 354-4111

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

The IDX display contains information sourced from SmartMLS, Inc. as of 10/21/2026. 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 10/21/2026 at 2:00 AM UTC.