31 Poverty Hollow Rd Newtown, CT 06470
Newtown NeighborhoodEstimated payment $12,421/month
Total Views
6,683
6
Beds
5.5
Baths
6,068
Sq Ft
$317
Price per Sq Ft
Highlights
- Guest House
- 3.11 Acre Lot
- Deck
- Head O'Meadow Elementary School Rated A
- Colonial Architecture
- Attic
About This Home
BIG PRICE DROP! A rare opportunity to own a one-of-a-kind private compound nestled in the idyllic countryside of historic Newtown. Set on over 3 acres of exquisitely landscaped grounds, "The Retreat" offers unmatched privacy, luxury, and versatility. This reimagined estate features two beautifully updated residences- A fully renovated 4-bed, 3.5-bath main house and a refined 2-bed (potential for 3rd), 2-bath guest house- ideal for multi-generational living or extended stays. Timeless architecture blends with open-concept living and modern systems throughout. The main house boasts a grand two-story entry, vaulted ceilings, custom paneling, and multiple fireplaces. Skylights and large windows fill the home with natural light. The walk-out lower level offers a complete in-law suite for added flexibility. The guest house includes its own living space, kitchen, and entrance. Both homes have new roofs, HVAC, hot water systems, radon mitigation, and designer finishes. Outdoors, enjoy a koi pond, flowing stream, summer wildflower meadow, garden arbors, bluestone patios, and LED-lit walkways. A true sanctuary where luxury meets nature.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,423
Year Built
- Built in 1984
Lot Details
- 3.11 Acre Lot
- Property is zoned R-2
Home Design
- Colonial Architecture
- Contemporary Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Clap Board Siding
Interior Spaces
- 3 Fireplaces
- Finished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
Kitchen
- Oven or Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 3 Car Garage
- Parking Deck
Outdoor Features
- Deck
- Patio
Additional Homes
- Guest House
Schools
- Newtown High School
Utilities
- Central Air
- Heating System Uses Oil
- Private Company Owned Well
- Tankless Water Heater
- Fuel Tank Located in Basement
Listing and Financial Details
- Assessor Parcel Number 203914
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,423 | $815,000 | $145,420 | $669,580 |
| 2024 | $21,981 | $815,000 | $145,420 | $669,580 |
| 2023 | $21,386 | $815,000 | $145,420 | $669,580 |
| 2022 | $16,813 | $484,940 | $103,330 | $381,610 |
| 2021 | $16,803 | $484,940 | $103,330 | $381,610 |
| 2020 | $16,857 | $484,940 | $103,330 | $381,610 |
| 2019 | $16,861 | $484,940 | $103,330 | $381,610 |
| 2018 | $16,604 | $484,940 | $103,330 | $381,610 |
| 2017 | $19,237 | $567,960 | $119,090 | $448,870 |
| 2016 | $19,083 | $567,960 | $119,090 | $448,870 |
| 2015 | $18,782 | $567,960 | $119,090 | $448,870 |
| 2014 | $18,919 | $567,960 | $119,090 | $448,870 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Price Changed | $1,925,000 | -3.8% | $317 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $2,000,000 | -16.1% | $330 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $2,385,000 | +147.2% | $393 / Sq Ft |
| 01/14/2022 01/14/22 | Sold | $965,000 | -3.0% | $240 / Sq Ft |
| 09/08/2021 09/08/21 | For Sale | $995,000 | -- | $248 / Sq Ft |
Source: SmartMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $965,000 | None Available | |
| Warranty Deed | $965,000 | None Available | |
| Warranty Deed | $965,000 | None Available | |
| Warranty Deed | $1,150,000 | -- | |
| Warranty Deed | $1,150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $723,750 | Purchase Money Mortgage | |
| Closed | $723,750 | Purchase Money Mortgage | |
| Previous Owner | $170,700 | No Value Available | |
| Previous Owner | $187,450 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: SmartMLS
MLS Number: 24095460
APN: NEWT-000013-000001-000047
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