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Sold for $400,000
  • $400,000

    25 Lake Drive, New Milford, CT 06776

    3beds
    957sqft
    Single Family Residence
    Built in 1950
    0.27 Acres Lot
    $405,900 Zestimate®
    $418/sqft
    $2,796 Estimated rent

    Home value

    $405,900

    $349,000 - $471,000

    $2,796/mo

    Zestimate® history
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    What's special

    Sweeping lake viewsOutstanding clubhouseBoat docksLevel yardSteps from the shorelineElevated outdoor entertaining spacesSeamless indoor-outdoor living
    Set within the sought-after Candlewood Trails community on Lake Candlewood, this rare offering presents an exceptional opportunity to create a custom lake lifestyle just moments from the water. Residents enjoy access to a beautifully maintained private beach, boat docks, and an outstanding clubhouse that serves as a natural extension of lakeside living, offering inviting gathering spaces, sweeping lake views, and year-round enjoyment. The property sits ideally just above the waterfront, providing both privacy and perspective while remaining only steps from the shoreline. Whether you envision a thoughtful renovation or a brand new custom build, this is your chance to design a home that fully embraces its setting. Architectural plans have already been prepared, featuring a design that maximizes natural light and lake views with seamless indoor-outdoor living. The concept includes elevated outdoor entertaining spaces - a front patio positioned above a garage to capture lake views, and a rear outdoor area with the potential for a level yard. Candlewood Trails is a well-managed community that has made meaningful investments in its infrastructure, including the ongoing reconstruction of roads and water systems, while responsibly building reserves. Annual dues include access to the private water system, road maintenance, beach, clubhouse, and all common areas. Dock slips are available for boating and water recreation. Property offered as-is. Whether you are seeking a private retreat or a premier investment in one of Connecticut's most desirable lake Communities, this offering delivers lifestyle, location, and long term value in a truely special setting. Existing structure is a candidate for a full renovation or redevelopment. Extensive due diligence materials available, including site plan, grading plan, architetural floor plans, and renderings for a proposed 3 bedroom home designed to maximize lake views, natural light, and indoor/outdoor living. Association reserves approximately $657,000 as of last reporting. Major infrastructure improvements underway including road reconstruction and water system upgrades, with remaining phases scheduled over the coming years. Association approval in place permitting construction of a single family residence and appurtenances. Earth tone exterior required. Shed permitted up to a size of 14'x14'. Proposed design incorporates an elevated front patio above the garage oriented toward lake views and a rear outdoor entertaining area with approximately 36 feet of usuable depth behind the proposed home footprint, allowing for a potential level rear yard.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lou Capellaro (203)826-4501,

    Keller Williams Realty 203-438-9494,

    James White 914-334-5768,

    Keller Williams Realty

    Bought with:

    Donna Kennedy, RES.0824754

    Compass Connecticut, LLC

    Source: Smart MLS,MLS#: 24162878MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Features: Fireplace
    • Level: Main
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: None, No Hot Water
    Features
    • Basement: Partial
    • Attic: None
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 957
    • Total interior livable area: 957 sqft
    • Finished area above ground: 957

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    Features
    • Patio & porch: Patio
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Dock or Mooring, Beach Access, Association Required, Access
    Lot
    • Size: 0.27 Acres
    • Features: Rolling Slope, Open Lot
    Details
    • Parcel number: 1873118
    • Zoning: R8

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Cesspool
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Candlewood Trails
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Guest Parking, Recreation Facilities, Lake/Beach Access
    • Services included: Snow Removal, Water, Road Maintenance
    • HOA fee: $3,810 annually
    Location
    • Region: New Milford

    Financial & listing details

    • Price per square foot: $418/sqft
    • Tax assessed value: $144,890
    • Annual tax amount: $4,486
    • Date on market: 3/30/2026

    Price history

    DateEventPrice
    4/30/2026Sold$400,000-4.8%$418/sqft
    Source: Smart MLS #24162878 Report a problem
    4/2/2026Pending sale$420,000$439/sqft
    Source: Smart MLS #24162878 Report a problem
    3/30/2026Listed for sale$420,000+162.5%$439/sqft
    Source: Smart MLS #24162878 Report a problem
    10/16/2018Sold$160,000-26.9%$167/sqft
    Source: Smart MLS #170090018 Report a problem
    7/17/2018Listing removed$219,000$229/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170090018 Report a problem
    7/13/2018Pending sale$219,000$229/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170090018 Report a problem
    7/4/2018Price change$219,000-20.4%$229/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170090018 Report a problem
    6/4/2018Listed for sale$275,000+34.1%$287/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170090018 Report a problem
    6/21/2012Sold$205,000-6.8%$214/sqft
    Source: Smart MLS #98535851 Report a problem
    4/20/2012Listed for sale$219,900+62.9%$230/sqft
    Source: Coldwell Banker Residential Brokerage - New Milford Office #98535851 Report a problem
    8/30/1991Sold$135,000$141/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,145 +42.5%$201,460 +39%
    2024$4,313 +2.7%$144,890
    2023$4,199 +2.2%$144,890
    2022$4,108 +1.4%$144,890
    2021$4,053 +4.9%$144,890 +7.6%
    2020$3,863 -0.1%$134,680
    2019$3,865 -25.9%$134,680 -27.3%
    2018$5,216 +3.4%$185,150
    2017$5,045 +1.8%$185,150
    2016$4,956 -3.3%$185,150 -3.4%
    2015$5,127 $191,660
    Find assessor info on the county website

    Neighborhood: 06776

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hill & Plain
    • Middle: Schaghticoke
    • 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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