New Construction Planned for West Road

The town on March 18 received an application to build a new 5,344-square-foot home on West Road. The house at 534 West Road is to include 5,344 square feet of living space, including five bedrooms and full bathrooms and two half-baths, according to the building permit application. Tax and building records show that the four-acre property had been purchased in May 2017 for $1,950,000 and that multiple permits have been obtained since then, including a permit issued last summer to renovate part of an existing house for an estimated $450,000. 

A full demolition permit had been obtained in June 2018, records show. The construction planned now is to cost about $1.4 million, according to the application. 

The contractor on the job is Altamura Homes of Greenwich and the architect is Robert Dean Architects of New Canaan, the application said.

Bridle Path Lane Home Sells for $630,000

The following property transfers were recorded recently in the Town Clerk’s office. For more information about each property from the assessor, click on the street address. To get the history of a New Canaan street name, click here. ***

March 8

180 Bridle Path Lane

$629,947.50 
Bank of New York Mellon to Michael James Mixer

March 7

39 Betsy’s Lane

$1,110,000
David Crandall to Scott McMurry

Home Sales Up in February As Median Sales Price Declines 

Sales of single-family homes in New Canaan increased 50 percent in February compared to the year-ago month, though the median sales price declined 21 percent in the same time period, according to new data. Driven mainly by sales of houses in the $1 million to $2 million range, the town saw a total of nine homes sold in February, compared to six in the same month last year, according to information from the New Canaan Board of Realtors. 

Here’s a snapshot of the sales data:

 

Year-over-year, the median sales price of a single-family home declined from $1,417,500 in February 2018 to $1,125,000 last month, the data showed. Year-to-date, the median sales price has declined 12 percent, according to the data. On average, homes are spending 12 percent less time on the market—163 days in February compared to 186 in the year-ago month. Inventory is down 4 percent year-over-year, from 270 homes one year ago to 259 last month.

Ca.-1895 House on Locust Avenue Sells for $850,000

The following property transfers were recorded recently in the Town Clerk’s office. For more information about each property from the assessor, click on the street address. To get the history of a New Canaan street name, click here. ***

March 6

104 Locust Ave. $855,000
Steven Gaal to Robert Hutchinson Jr. 

March 5

134 Lambert Road

$2.8 million
Larkspur Investments LLC to Matthew Shulman

March 1

274 Buttery Road

$650,000
Roger Heine to Alexander S. Fornaciari

222 Park St., Unit 23

$197,500
Susan Powers to Brendan O’Rourke

71 Hillcrest Road

$900,000
Bernardus Mulder Zwart to David Klink

[Note: this article has been updated to reflect two separate payments of $450,000 on the Hillcrest home sale, totaling $900,000.]

New Construction Planned for East Avenue 

The town on Feb. 15 received an application to build a two-family home on a .36-acre East Avenue parcel where a ca. 1900 Colonial had stood. The 5,215-square-foot structure at 72 East Ave. will include one unit on the first floor and a second upstairs, according to the building permit application.