3 Fair Lane, New Fairfield, CT 06812

$175,000 Asking Price

3 beds
2 baths
816  sqft
Built in 1955

Investment opportunity tucked away in the desirable Candlewood Hills community!! This seasonal cottage set back on a private back road, features seasonal lake views and convenient access by either of two streets (Fair Lane or Cedar Lane), allowing for plenty of versatility. The home features generous size - 3 beds and 2 full baths on an apprx. 1/3 acre flat lot - but does need extensive rehab or full replacement. Property is overgrown but there is a one car driveway on Fair Lane (underneath the overgrowth), with additional parking space available to the rear on Cedar Lane. Just minutes away from Squantz Pond, Candlewood Lake, award winning schools, and New Fairfield's charming downtown. Property is located in the Candlewood Hills tax district. Private well is located to the front of the home, with a private septic system to the rear. Investors, flippers, and contractors: if you're ready to roll up the sleeves for your next summer project, take a look today! (Home will not qualify for conventional or FHA financing - cash or rehab loan only). Please do not enter property without a confirmed appointment!!


Features & Amenities

Interior

Appliances:
Oven/Range,Microwave,Refrigerator,Washer,Dryer
Basement:
Crawl Space,Dirt Floor
A/C:
None
Heating:
No Heat
Fireplace:
Fireplaces: 0

Exterior

General:
Porch-Enclosed,Porch,Deck
Style:
Ranch
Parking:
Parking spaces: 2

Construction

Roofing:
Asphalt Shingle

Location

HOA Amenities:
Snow Removal,Road Maintenance, 403.0, Annually
County:
Fairfield

Lot

Zoning:
1, 221591

Utilities

Water:
Private Well
Sewer:
Septic

This listing courtesy of:
Keller Williams Realty, John Nigro

About New Fairfield, CT

Housing

Number of Units
5,260
Median Home Value
$361,366
Median Rent
$1,663

7.09% of housing units are renter occupied.

10.47% are vacant.

Commute

Car
63.16%
Public Transportation
2.64%
Walk to Work
0.94%
Work from Home
32.58%
Other
0.36%

The median travel time to work is 27 minutes.

People

Population
12,857
Median Age
41.90
Median Household Size
3.01

Education

High School
26.67%
Associate’s Degree
7.07%
Bachelor’s Degree
26.47%
Graduate Degree
19.02%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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