George Cress of Real Broker Email: george@cress.co (dot co) Call/Text: 212-203-5251
New Canaan, CT / SOLD
116 South AvenueNew Canaan, CT 06840
The buyer could have saved $31,625 in 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 50% rebate. Actual savings depend on final purchase price and commission received. Based on the recorded closed price; this is a hypothetical estimate, not a statement of actual commission or rebate paid.
Sale Price$2,530,000ClosedSeptember 22, 2024
Open house
Our Take
116 South Avenue in New Canaan is a 1930-built multifamily dwelling with four bedrooms, four full baths, and two half baths on 0.57 acres. A two-bedroom rental is located above a spacious two-car garage, offering a separate space identified for income use or as a guest retreat. The property is presented as an opportunity to transform the existing dwelling into a modern farmhouse, with an architect suggested for developing the design.
At a glance
Closed · MLS #24010093- Bedrooms
- 4
- BathroomsBaths
- 4 full / 2 half
- Square feet
- 4,379
- Year built
- 1930
- Acres
- 0.57
- Property taxes
- $12,919
July 2024-June 2025
What stands out
- Two-bedroom rental above a two-car garage
- Potential income use or guest retreat
- Opportunity for modern-farmhouse transformation
- Architect involvement suggested for future design
- South Avenue location in New Canaan
Read the full listing description
Indulge in the allure of living on South Avenue in New Canaan, where every necessity is within a leisurely stroll. Embrace the opportunity to transform this multi-family dwelling into the modern farmhouse you've always envisioned. Picture yourself in this charming abode, complete with a two-bedroom rental nestled above a spacious two-car garage - an ideal income source or guest retreat for cherished family and friends. Enlist the expertise of an architect to craft your dream home into reality. Your ideal lifestyle awaits; seize the opportunity to make it yours.
Schools
- Elementary
- South
- Middle
- Saxe Middle
- High
- New Canaan
Schools as reported by SmartMLS. Confirm attendance assignments with the district.
Price history
| Date | Event | Price |
|---|---|---|
| Closed price | $2,530,000 | |
| Original list price | $2,399,000 |
Intermediate price changes and previous listings may not be included.
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Nearby sold homes
View sold homes in New Canaan →
Sold 08/28/23
$1,125,0002 beds · 3.5 ba · 2,895 sqft · Sold126 South Avenue, Unit 126, New Canaan, CT 06840William Raveis Real Estate
Sold 12/11/24
$1,295,0002 beds · 3.5 ba · 2,542 sqft · Sold124 South Avenue, Unit 124, New Canaan, CT 06840William Raveis Real Estate
Sold 08/27/24
$1,271,0003 beds · 2.5 ba · 2,300 sqft · Sold90 South Avenue, New Canaan, CT 06840William Raveis Real Estate
Sold 07/27/22
$1,500,0003 beds · 3.5 ba · 2,370 sqft · Sold86 South Avenue, Unit 86, New Canaan, CT 06840William Pitt Sotheby's Int'l
Sold 11/24/25
$3,207,1606 beds · 4 ba · 4,640 sqft · Sold136 South Avenue, New Canaan, CT 06840William Raveis Real Estate
*Estimate: $2,530,000 closed price × assumed 2.5% buyer-agent commission × 50% rebate = $31,625. Actual savings depend on the final purchase price and commission Cress receives. The assumed commission is not a representation of this listing's offered or actual compensation. This is a hypothetical estimate, not a rebate paid on this sale.
Listed by William Raveis Real Estate
Laura Danforth
SmartMLS · Listing #24010093 · Closed
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.
