158 Spring Water Lane, New Canaan, Connecticut 06840

About this home

Set on a desirable 1-acre lot in a quiet neighborhood setting on the west side of town, this property offers exceptional potential to renovate, expand or reimagine the existing home to fit your lifestyle. Ideally located with easy access to town, the Merritt Parkway, shopping, dining, and top-rated schools, the property combines convenience, privacy, and enduring neighborhood appeal. A rare opportunity to create your dream home in one of New Canaan's most desirable locations. Please do not walk property without confirmed appointment.

Flood risk: check the FEMA flood map for this address.

Schools

Taxes

Interior

Building & Exterior

Lot & Land

What it would cost per month

An estimate you can adjust — not a quote, and not an offer of credit. Principal and interest only, plus the taxes and HOA already on this listing. Insurance, PMI and closing costs are not included. Rate seeded at 6.5% (August 2026); change it to whatever your lender quotes.

What's nearby

Distances are straight-line from the property, not driving or walking routes. Places data © OpenStreetMap contributors.

Recent comparable sales

The 5 closest recent sales to this home, nearest match first — same building where possible, then the surrounding streets, widening only when there is nothing closer. These are recorded sale prices from the MLS, not estimates. No automated valuation is shown, because what a home is worth depends on condition, layout and timing that a formula cannot see — call John at 203·883·3399 to read them properly against this home.

5 comparable sales — median $1,210,000, ranging $805,000 to $1,626,000.

Within a 15-minute walk, sold in the last year
• 12 Shady Knoll Lane3 bd · 2 ba · 1,232 sq ft · 0.3 mi away
  $1,210,000$982/sq ft2025-08-25
Within about a mile and a half, sold in the last 2 years
• 133 Jelliff Mill Road3 bd · 1 ba · 1,204 sq ft · 0.3 mi away
  $805,000$668/sq ft2024-12-13
• 30 Knapp Lane2 bd · 2 ba · 1,300 sq ft · 0.3 mi away
  $945,000$726/sq ft2025-06-09
• 48 Douglas Road3 bd · 2 ba · 1,333 sq ft · 1.1 mi away
  $1,626,000$1,219/sq ft2024-12-23
Same town, sold in the last 3 years
• 65 Church Street3 bd · 2 ba · 1,712 sq ft · 1.6 mi away
  $1,575,000$919/sq ft2024-12-03

Listing & sale history

Every time this exact home has come to market in the MLS data this site tracks. Where a sale closed, the recorded sale price is shown; "asking" marks a price the home was listed at rather than what it sold for.

More homes in New Canaan

Closest in price to this one.

• 122 Summer Street Unit 1223 bed · 3 bath · 1,370 sq ft$958,000
• 19 S Down River Road3 bed · 2 bath · 1,440 sq ft$1,095,000
• 20 Lincoln Drive4 bed · 2 bath · 2,156 sq ft$1,249,000
• 12 Gerdes Road4 bed · 4 bath · 2,671 sq ft$1,395,000
• 531 Cheese Spring Road4 bed · 3 bath · 4,000 sq ft$1,395,000
• 68 Old Stamford Road5 bed · 3 bath · 2,788 sq ft$1,495,000

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