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$2,399,000   Price Analysis
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116 South Ave
New Canaan, CT 06840
Unknown bed None bath unknown SqFt ($0/SqFt)
0.57 acre lot.
Listed 2024-04-13
Ⓧ USDA Ineligible
due to property

near New Canaan

An unparalleled opportunity awaits with this exceptional property

A true gem in a prime location. Situated within walking distance of Pristine Canaan's newest world-class Library, acclaimed restaurants, unique boutiques, top-tier schools and the Metro-North train station for effortless access to New York City, this address epitomizes convenience. Moreover, a short walk to Mead Park, offering a wealth of recreational amenities including baseball, Pickle Ball, tennis, skating and the popular Appl e Cart outdoor eatery, ensuring a vibrant lifestyle not far from your doorstep.

Spanning .57 acres, this coveted parcel presents boundless possibilities for development. Currently hosting two buildings housing four rental units, including a medical office and three residential partments, the property invites exploration into its potential. Prospective builders are encouraged to conduct thorough due diligence to ascertain the full range of opportunities available. Embrace the chance to immerse yourself in the vibrant community of New Canaan and unlock the possibilities this esteemed South Avenue location has to offer.


Presented by Laura MacMaster Danforth at
William Raveis Real Estate - New Canaan.
Listing Agent Photo

Property MLS #24010103 from SMARTMLS

Frontage Length: 99
Road Frontage Type: Paved Road

Lot Description: Level Lot
Lot Size Acres: 0.57
Number of Lots: 1
Lot Size Square Feet: 24829

Elementary School: South
High School: New Canaan

South School is a public elementary school located approximately 0.8 miles away.
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Saxe Middle School is a public elementary and middle school located approximately 0.9 miles away.
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New Canaan High School is a public high school located approximately 1 miles away.
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St Aloysius School is a private elementary and middle school located approximately 0.2 miles away.
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Health Club
Library
Medical Facilities
Park
Public Pool
Public Rec Facilities
Shopping/Mall
Tennis Courts

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 13442
Source Listing Status: Active
County: Fairfield
Availability Date: 2024-04-19
Directions: GPS Friendly
Source Property Type: Lots and Land For Sale
Postal Code Plus 4: 5755
Property Location: Downtown
Zoning: APT
Property Subtype: Residential Land
Source System Name: C2C

Listed 2024-04-13
$2,399,000
SMARTMLS

Sewer: Public Sewer Connected
Cable Available
Electric Available
Water Source: Public Water Connected

Improvements: Sidewalk, House(S), Garage(S)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.