Home / Listings / New Canaan
Under Contract · For Sale
$1,200,000

55 New Norwalk Road, New Canaan, Connecticut 06840

5 beds 4 baths 1,900 sq ft Multi-Family For Sale Built 1984

About this home

Also known as 161 Forest St. which is the front entrance. Official address is 55 New Norwalk Rd which is the back entrance. Side by side townhome style units. Two bedroom unit has 1.5 baths, attached garage and storage area. Three bedroom unit has 1.5 baths, attached garage and storage area. Three Bedroom rent is under market value and both tenants have been in place long term. This is a great investment opportunity to own close to downtown New Canaan and Metro North RR. Each unit also has side patio space.

Status
Under Contract
Type
Multi-Family For Sale
Price
$1,200,000
Beds
5
Baths
4
Interior
1,900 sq ft
Lot
0.19 ac
Year Built
1984
MLS #
24164026
ZIP
06840
Days on Market
60
Heat
Electric · Baseboard
Cooling
Window Unit
Water
Public Water Connected
Sewer
Public Sewer Connected
Parking
Attached Garage, Under House Garage, Driveway, Unpaved (2-car)
Laundry
Washer/Dryer All Units — Basement see remarks

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

Schools

Elementary
East
Middle / Jr High
Saxe Middle
High School
New Canaan

Taxes

Property tax
$11,306 (July 2026-June 2027)
Assessed value
$666,330

Interior

Basement
Full, Unfinished, Storage, Garage Access
Total rooms
10

Building & Exterior

Style
Units are Side-by-Side
Roof
Asphalt Shingle
Siding
Vinyl Siding
Exterior features
Patio
Foundation
Block
New construction
No/Resale

Lot & Land

Zoning
BRES
Lot
Sloping Lot

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.

/mo
principal & interest

What's nearby

Grocery
Walter Stewart's Market0.56 mi away · 11 min walk
Also nearby
Acme0.7 mi away
Pharmacy
CVS Pharmacy0.51 mi away · 10 min walk
Train
New Canaan Station0.54 mi away · 11 min walkMetro-North Railroad
Elementary
East
Middle
Saxe Middle
High school
New Canaan
~0.5 miWalter Stewart's Market — 0.56 miAcme — 0.7 miCVS Pharmacy — 0.51 miNew Canaan — 0.54 mi
This homeGroceryPharmacyTrain

Real streets from OpenStreetMap; distances are straight-line from the property, not driving routes.

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 $1,500,000, ranging $1,280,000 to $1,550,000.

Public record

From the New Canaan assessor's public property record. These figures describe the property as the town has it on file and can differ from the listing — a finished basement or an addition may not be reflected in the assessor's living area.

Year built1984
Living area1,900 sq ft
Total rooms10
Lot size0.19 acres
Stories2
HeatElectric Baseboard
ExteriorVinyl Siding
Assessed value$666,330
Town appraisal$951,900
Last recorded sale2020 — $650,000

Recorded sales

Deed transfers on file with the New Canaan land records, newest first. These are recordings rather than MLS sales, so they include transfers that were never listed. Nominal and $0 transfers (estate, trust and family conveyances) are excluded.

Listing courtesy of Keller Williams Prestige Prop. — Melodye Colucci · (203) 327-6700

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