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For sale
    • $259,900

    40 Candlewood Lake Road South #4, New Milford, CT 06776

    2beds
    1,090sqft
    : 
    $2,273/mo
    Get pre-qualified
    Condominium
    Built in 1968
    -- sqft lot
    $255,900 Zestimate®
    $238/sqft
    $400/mo HOA

    What's special

    Cozy wood-burning fireplaceFresh paint throughoutGenerously sized rooms
    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!
    2 days
    221
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd P. Sargent (203)948-1729,

    Coldwell Banker Realty 860-354-4111

    Source: Smart MLS,MLS#: 24215801MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 192 Square Feet
      • Dimensions: 12 x 16
      Bedroom
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 10 x 13
      Dining room
      • Level: Main
      • Area: 176 Square Feet
      • Dimensions: 11 x 16
      Family room
      • Level: Main
      • Area: 255 Square Feet
      • Dimensions: 15 x 17
      Heating
      • Baseboard, Electric
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Oven/Range, Refrigerator, Washer, Dryer, Electric Water Heater, Water Heater
      • Laundry: Main Level
      Features
      • Wired for Data
      • Basement: Full,Unfinished,Shared Basement,Storage Space,Concrete
      • Attic: None
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,090
      • Total interior livable area: 1,090 sqft
      • Finished area above ground: 1,090
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Parking Lot, Assigned
      Accessibility
      • Accessibility features: Hard/Low Nap Floors
      Features
      • Stories: 1
      • Exterior features: Balcony, Rain Gutters, Lighting
      Lot
      • Features: Level, Cul-De-Sac
      Details
      • Parcel number: 1873030
      • Zoning: RM

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Ranch
      • Property subtype: Condominium
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1968

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Golf, Health Club, Lake, Library, Medical Facilities, Park, Near Public Transport, Shopping/Mall
      • Subdivision: Candlewood Lake
      HOA
      • Has HOA: Yes
      • Amenities included: Guest Parking, Management
      • Services included: Maintenance Grounds, Trash, Snow Removal, Pest Control, Road Maintenance, Insurance
      • HOA fee: $400 monthly
      Location
      • Region: New Milford

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $132,650
      • Annual tax amount: $3,141
      • Date on market: 10/20/2026

        Estimated market value

        $255,900

        $243,000 - $269,000

        $2,284/mo

        Price history

        DateEventPrice
        10/20/2026Listed for sale$259,900+54.5%$238/sqft
        Source: Smart MLS #24215801 Report a problem
        9/13/2019Listing removed$1,450$1/sqft
        Source: William Raveis Real Estate #170225729 Report a problem
        8/14/2019Listed for rent$1,450$1/sqft
        Source: William Raveis Real Estate #170225729 Report a problem
        9/4/2018Listing removed$1,450$1/sqft
        Source: William Raveis Real Estate #170119107 Report a problem
        8/1/2018Listed for rent$1,450$1/sqft
        Source: William Raveis Real Estate #170110965 Report a problem
        5/5/2017Sold$168,180-3.8%$154/sqft
        Source: Public Record Report a problem
        11/15/2006Sold$174,900+18.2%$160/sqft
        Source: Smart MLS #98303548 Report a problem
        10/7/2004Sold$148,000$136/sqft
        Source: Smart MLS #98196916 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,082 +115.1%$133,840 +109.9%
        2024$1,898 +2.7%$63,770
        2023$1,848 +2.2%$63,770
        2022$1,808 +1.3%$63,770
        2021$1,784 -5.3%$63,770 -2.9%
        2020$1,883 -0.1%$65,660
        2019$1,884 +1.8%$65,660
        2018$1,850 +3.4%$65,660
        2017$1,789 +1.8%$65,660
        2016$1,758 +1.2%$65,660 +1.1%
        2015$1,738 $64,960
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 06776

        Getting around

        36 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hill & Plain
        • Middle: Schaghticoke,Sarah Noble Intermediate Schoo
        • High: New Milford

        Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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