New Canaan, CT / 16 DAYS ON MARKET

Gravel Island RoadNew Canaan, CT 06840

Asking price$1,999,000Active

Our Take

Gravel Island Road in New Canaan is home to a 1932 Frazier Peters residence set on two acres. The four-bedroom, three-full-bath home centers on a great room with a cathedral ceiling and wood-burning fireplace. Entertaining spaces include a gourmet kitchen, formal dining room, and wet bar, while the layout also provides a primary suite, three additional bedrooms, and a dedicated office. A sunroom opens to views of the private grounds, and the property retains architectural character for a future owner to reimagine.

Estimated buyer rebate

Buy with Cress and Save $19,990 on brokerage fees*

When you buy with Cress, we give you back a portion of the brokerage commission we receive.

See how the commission rebate works ↗

*Estimate assumes a 2.5% buyer-agent commission and a 40% rebate. Actual savings depend on final purchase price and commission received.

At a glance

Active · MLS #24203160
Bedrooms
4
BathroomsBaths
3 full / 0 half
Square feet
4,183
Year built
1932
Acres
2
Property taxes
$19,471

July 2026-June 2027

What stands out

  • Private two-acre setting
  • Great room with cathedral ceiling and fireplace
  • Gourmet kitchen, formal dining room, and wet bar
  • Primary suite with three additional bedrooms
  • Dedicated office and two full baths
  • Sunroom facing the private grounds
  • Frazier Peters architectural provenance
Read the full listing description

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.

Schools

Elementary
East
Middle
Not provided
High
New Canaan

Schools as reported by SmartMLS. Confirm attendance assignments with the district.

A closer look at the location

Open Google Maps ↗

Gravel Island Road, New Canaan, CT 06840

Price history

DateEventPrice
Originally listed$1,999,000

Intermediate price changes and previous listings may not be included.

Could this be your next home?

Let’s talk about the property—and what working with Cress could save you.

Inquire about this property →

*Estimate: $1,999,000 asking price × assumed 2.5% buyer-agent commission × 40% rebate = $19,990. Actual savings depend on the final purchase price and commission Cress receives. The assumed commission is not a representation of this listing's offered compensation.

Listed by Compass Connecticut, LLC · (203) 442-6626

Amanda Bryan

SmartMLS · Listing #24203160 · Active

Listing data checked: Sep 17, 2026, 7:06 PM EDT.

Listing information is deemed reliable but not guaranteed. Cress commentary is separate from the MLS listing description. Contact Cress about a correction.

For personal, noncommercial use to identify properties you may be interested in purchasing.