New Fairfield, Connecticut 06812
Listing Details
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New Fairfield, CT 06812

6 Beds | 7 Baths
Rent To Own
Listing ID: 52655397

$3,495,000

Rent to own properties are ideal for homebuyers who are on the fence and not quite ready to go "all in" on a specific real estate investment. It's basically like taking a home for a "test drive," getting to know the neighbors, local school districts and community benefits (and drawbacks) before making the all-important decision to buy. For more check out 'First Steps' below.
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  • Property Information
    • Price: $3,495,000
    • Bedrooms: 6
    • Bathrooms: 7
    • Full Baths: 6
    • Half Baths: 1
    • Basement: Yes
    • Total Square Feet: 10,218
    • Lot Size: 16.01 acres
    • Style: Contemporary
    • Fireplace: Yes
    • Heating Type: Fireplace
    • Air Conditioning: Central A/C
    • Year Built: 1981
    • Description: Dramatic craftsman style contemporary on 16 acres (with potential to subdivide) set high for unparalleled views of Candlewood Lake and Squantz Pond, plus bordered by Pootatuck State Forest for complete privacy. Ultimate resort lifestyle home including 10,218 sf on 3 levels with 6 BR, 6/1 baths, plus htd gunite pool; golf green complete with sand traps and 3 tee boxes; full size basketball court; tennis court; multiple stone patios; built-in grill; extraordinary landscaping w/irrigation; and breathtaking sunrise and sunsets from nearly every room. Custom built plus continuous expansion/renovation under the direction of award winning architect, Sean O'Kane, with the highest attention to detail inside/out including: 5 gas fireplaces; state of the art kitchen remodel featuring twin SubZeros, Wolf 6 burner gas range/double ovens, custom cabinetry, colossal island with bar seating, and magnificent stone counters; MBR suite with double bths including one with steam shower & radiant htd floor; LR w/planked ceiling and wet bar; DR with curved wall of windows; fully equipped gym with timbered ceiling; FR with built-in entertainment system and vaulted mosaic mural tile ceiling; lower level with radiant htd floors, expansive media and game rooms, climate controlled wine cellar, plus guest suite w/steam shower; 4 car garages; central vac; 45KW generator; 13 in-room iPads; plus 4 wells/7 hot water tanks and filtration. Negotiable option to purchase nearly all furnishings and gym equipment. Copyright 2019 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
    • Source ID: 170213663
    • Day(s) On Site: 106
  • Property Tax Roll
    • Elementary School: Meeting House Hill
    • Junior High School: New Fairfield
    • Senior High School: New Fairfield
    • Property Type: Single Family Dwelling
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  • County Information
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $18,356 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $349,500 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
07/08/19   Foreclosure View now
  • Contact Information
    • Primary Phone: (203) 438-9531
    • Agent Company: William Pitt Sotheby's Int'l
    • Agent Name: Laura J Freed Ancona
    • Agent Company Address: 470 Main Street
    • Agent Company City: Ridgefield
    • Agent Company State: CT
    • Agent Company Zip: 06788
    • Agent Company Phone: (203) 438-9531
    • Agent Company Email: Email Now
    • Agent Phone: (203) 438-9531
    • Agent Email: Email Now

FIRST STEPS:

Rent To Own

Rent to own properties are ideal for homebuyers who are on the fence and not quite ready to go "all in" on a specific real estate investment.

Read more

In other words, those who choose the rent to own option enjoy all the benefits that come along with homeownership, but do it on a "trial" basis rather than getting immediately locked into a long-term, fixed housing situation.

It's basically like taking a home for a "test drive," getting to know the neighbors, local school districts and community benefits (and drawbacks) before making the all-important decision to buy. And, all the while, those who rent to own pay down the principle mortgage balance in part, ensuring that they have some skin in the game when it finally comes time to decide.

However, each rent to own situation is different. Therefore, it is important to have a real estate professional by your side, one who can read all the fine print and confirm that the deal is in your short- and long-term interests.

You can never be too careful.

If done right, rent to own is a great opportunity to eat your slice of the real estate cake and have it, too. It has the potential to be best of both worlds!

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