Home / Listings / New Canaan
Active · For Sale
$1,999,000

Gravel Island Road, New Canaan, Connecticut 06840

4 beds 3 baths 4,183 sq ft Single Family For Sale Built 1932

About this home

A Frazier Peters masterpiece awaits its next steward on a private two-acre sanctuary in New Canaan. Enchanting stone steps lead the way to this magical home, where a great room with a soaring cathedral ceiling and large wood burning fireplace anchors the residence - flanked on one side by effortless entertaining spaces including a gourmet kitchen, formal dining room, and wet bar, as well as the private primary suite, and on the other by three additional bedrooms, a dedicated office, and two full baths. A sunroom bathes the home in natural light, offering a serene retreat to take in the lush, private grounds. Full of timeless character, architectural provenance, and enduring construction quality, this rare offering is ripe for re-imagination by someone ready to put their own stamp on something truly special.

Status
Active
Type
Single Family For Sale
Price
$1,999,000
Beds
4
Baths
3
Interior
4,183 sq ft
Lot
2 ac
Year Built
1932
MLS #
24203160
ZIP
06840
Days on Market
19
Heat
Oil · Hot Air
Cooling
Central Air, Window Unit
Water
Public Water Connected
Sewer
Septic
Parking
Detached Garage (2-car)
Laundry
Main Level
Flood Zone
No

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

Schools

Elementary
East
High School
New Canaan

Taxes

Property tax
$19,471 (July 2026-June 2027)
Assessed value
$1,147,580

Interior

Appliances
Gas Cooktop, Wall Oven, Range Hood, Refrigerator, Freezer
Basement
Crawl Space, Partial
Attic
Unfinished, Access Via Hatch
Fireplaces
5
Total rooms
9

Building & Exterior

Style
Colonial, Antique
Roof
Shingle
Siding
Other
Exterior features
French Doors, Underground Sprinkler, Patio
Foundation
Stone
New construction
No/Resale

Lot & Land

Zoning
2AC
Lot
Some Wetlands, Rolling

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 Market2.41 mi away
Also nearby
Acme2.53 mi away
Pharmacy
CVS Pharmacy2.38 mi away
Train
New Canaan Station2.41 mi awayMetro-North Railroad
Elementary
East
High school
New Canaan
School zone
Check the district's school finder the MLS did not name one for this address
~2.0 miWalter Stewart's Market — 2.41 miAcme — 2.53 miCVS Pharmacy — 2.38 miNew Canaan — 2.41 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 $1,850,000, ranging $1,575,000 to $3,000,000.

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 built1930
Living area562 sq ft
Total rooms3
Lot size1.12 acres
Stories1
HeatTypical
ExteriorWood Shingles
Assessed value$1,192,800
Town appraisal$1,704,000
Last recorded sale1979 — $128,500

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 Compass Connecticut, LLC — Amanda Bryan · (203) 442-6626

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