116 South Avenue

New Canaan, CT 06840

$2,399,000
Price
24,829 / 0.57
Lot Size / Acres

Description

An unparalleled opportunity awaits with this exceptional property, a true gem in a prime location. Situated within walking distance of New 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 Apple Cart...An unparalleled opportunity awaits with this exceptional property, a true gem in a prime location. Situated within walking distance of New 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 Apple 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 apartments, 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.
  1. Listed by Laura Danforth • William Raveis Real Estate
    P: (203) 966-3555 C: (203) 801-8001 laura.danforth@raveis.com

Property Details for 116 South Avenue

Direct Waterfront
No
Expected Active Date
04-19-2024
Location
Downtown
Neighborhood
N/A
Expected On Market Date
04-19-2024

Location

Listing Courtesy of William Raveis Real Estate, Laura Danforth
Add your commute
LISTING UPDATED: 04/24/2024 11:11 PM

Property Details for 116 South Avenue

StatusActive
MLS #24010103
Days on Market11
Taxes$13,442 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Land
Year Built-
Lot Size0.57 AC
CountyFairfield County

Location

Listing Courtesy of William Raveis Real Estate, Laura Danforth
Add your commute

Building Information for 116 South Avenue

Lot Size0.57 AC

Payment Calculator

$14,212 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,092

Property Taxes

$1,120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 South Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: South
  • High School: New Canaan
  • Latitude: 41.143013
  • Longitude: -73.49175
  • Middle Jr High School: Saxe Middle
  • Neighborhood Amenities: Health Club, Library, Medical Facilities, Park, Public Pool, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Sewer Usage Fee Annual: $2,600
  • Tax Year: July 2023-June 2024
  • Property Tax: $13,442
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Property
Property and Assessments
  • Road Frontage Approximate: 99
  • Road Frontage Description: Paved Road
  • Bank Owned Property: No
Lot Information
  • Documents Available: Flood Elevation Certificate, Legal Description, Photo/Survey, Plot Plan/Survey, Property Disclosure
  • Lot Description: Level Lot
  • Lot Improvements: Sidewalk, House(S), Garage(S)
  • Parcel Number: 186149
  • Zoning: APT
Utilities
  • Sewage System: Public Sewer Connected
  • Sewer Assess Description: Commercial sewer users are assigned to a flat User Fee rate category, or Special Mixed Use category
  • Utilities Available: Cable Available, Electric Available
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
Building Details
  • Lots Number Of: 1

Property History for 116 South Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 South Avenue

Taxable ValueLand$485,940Additions$223,790Total$709,730
Tax Record2023$13,442 ($1,120 / month)
Home Facts
Lot Size24,829 SqFtStyleMulti-Family Res (5+ Units)ZoningAPTCountyFAIRFIELDAPNNCAN M:000N B:064 L:00912

Schools near 116 South Avenue

This home is within New Canaan School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
South School
PublicK to 4

Saxe Middle School
Public5 to 8

New Canaan High School
Public9 to 12

St Aloysius School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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116 South Avenue is a 0.57 ac of land for sale in New Canaan, CT 06840. This property was listed for sale on April 12, 2024 by William Raveis Real Estate, it's currently listed at $2,399,000. It has been on the market for a total of 11 days and was last sold on July 13, 1993. This listing's school district is New Canaan School District. Nearby schools include South School, Saxe Middle School and New Canaan High School. 116 South Avenue is a 0-bed, 0-bath, 0.57 ac of land on a 24,829 sq. ft. / 0.57 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Raveis Real Estate, Laura Danforth

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.