Seller's Agent in 2025
Melissa Rwambuya
William Raveis Real Estate
(917) 670-5053
78 in this area
94 Total Sales
58 Lantern Ridge Rd New Canaan, CT 06840
5
Beds
2.5
Baths
3,032
Sq Ft
2.13
Acres
Highlights
- Waterfront
- 2.13 Acre Lot
- Ranch Style House
- East Elementary School Rated A+
- Deck
- Attic
About This Home
As of August 2025This Mid-Century classic sited on just over two acres has spectacular water views and vistas of the Milner Reservoir. Located on a quiet cul-de-sac, this home is notable for for its great curb appeal, open floor plan, multiple fireplaces and large-beamed great room with huge windows to capture the beautiful setting at every turn. Featuring five bedrooms and multiple family gathering spaces there is plenty of room to relax and enjoy this special home. The expansive fenced-in back yard is nearly entirely flat, a true rarity for a ridge home in New Canaan with ample space to add a pool. Wildlife abounds with many birds enjoying the expansive trees and mature landscaping. The location is all about the tranquility and beauty within a quick 10 minute drive to the center of New Canaan and it's Top-Rated Schools and Award Winning restaurants. Recent upgrades include Central A/C, new oil tank, new water heater, new appliances, new washer & dryer, generator and the beautiful, fenced garden is a true showstopper! A truly special offering!
Last Agent to Sell the Property
William Raveis Real Estate License #RES.0791187 Listed on: 06/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,230
Year Built
- Built in 1957
Lot Details
- 2.13 Acre Lot
- Waterfront
- Stone Wall
- Property is zoned 4AC
Home Design
- Ranch Style House
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Concrete Siding
- Radon Mitigation System
Interior Spaces
- 1 Fireplace
- Pull Down Stairs to Attic
Kitchen
- Built-In Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Garage
- Parking Deck
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Rain Gutters
Location
- Property is near a golf course
Schools
- East Elementary School
- Saxe Middle School
- New Canaan High School
Utilities
- Central Air
- Hot Water Heating System
- Heating System Uses Oil
- Power Generator
- Private Company Owned Well
- Hot Water Circulator
- Oil Water Heater
- Fuel Tank Located in Basement
Listing and Financial Details
- Exclusions: See Inclusion/Exclusion List
- Assessor Parcel Number 187651
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2025
Closed on
Aug 11, 2025
Sold by
Knight Gary and Kagan Nancy
Bought by
Shanks Justin and Shanks Sarah J
Seller's Agent
Melissa Rwambuya
William Raveis Real Estate
Buyer's Agent
Amanda Bryan
Compass Connecticut, LLC
List Price
$1,895,000
Sold Price
$1,700,000
Premium/Discount to List
-$195,000
-10.29%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,250
Avg. Annual Appreciation
-6.02%
Original Mortgage
$1,360,000
Outstanding Balance
$1,355,622
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$316,128
Purchase Details
Listed on
Mar 17, 2021
Closed on
Jul 6, 2021
Sold by
Newlin Philippe and Newlin Erin
Bought by
Knight Gary and Kagan Nancy
Seller's Agent
Melissa Rwambuya
William Raveis Real Estate
Buyer's Agent
Melissa Rwambuya
William Raveis Real Estate
List Price
$1,149,000
Sold Price
$1,200,000
Premium/Discount to List
$51,000
4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$960,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 20, 2007
Sold by
Wilson James L and Wilson Marjorie R
Bought by
Newlin Philippe A and Newlin Erin L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,700,000 | -- | |
| Warranty Deed | $1,200,000 | None Available | |
| Warranty Deed | $1,200,000 | None Available | |
| Warranty Deed | $967,500 | -- | |
| Warranty Deed | $967,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,360,000 | New Conventional | |
| Previous Owner | $960,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $449,338 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $50,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/11/2025 08/11/25 | Sold | $1,700,000 | +6.6% | $561 / Sq Ft | |
| 06/26/2025 06/26/25 | Pending | -- | -- | -- | |
| 06/17/2025 06/17/25 | Price Changed | $1,595,000 | -15.8% | $526 / Sq Ft | |
| 06/04/2025 06/04/25 | For Sale | $1,895,000 | +57.9% | $625 / Sq Ft | |
| 07/06/2021 07/06/21 | Sold | $1,200,000 | +4.4% | $396 / Sq Ft | View Prior Sale |
| 04/16/2021 04/16/21 | Pending | -- | -- | -- | |
| 03/17/2021 03/17/21 | For Sale | $1,149,000 | -- | $379 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $12,230 | $732,760 | $530,250 | $202,510 |
| 2024 | $11,827 | $732,760 | $530,250 | $202,510 |
| 2023 | $10,665 | $563,080 | $526,960 | $36,120 |
| 2022 | $10,344 | $563,080 | $526,960 | $36,120 |
| 2021 | $10,226 | $563,080 | $526,960 | $36,120 |
| 2020 | $10,226 | $563,080 | $526,960 | $36,120 |
| 2019 | $10,271 | $563,080 | $526,960 | $36,120 |
| 2018 | $11,441 | $674,590 | $536,760 | $137,830 |
| 2017 | $11,245 | $674,590 | $536,760 | $137,830 |
| 2016 | $11,003 | $674,590 | $536,760 | $137,830 |
| 2015 | $10,787 | $674,590 | $536,760 | $137,830 |
| 2014 | $10,483 | $674,590 | $536,760 | $137,830 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Rwambuya
-
Amanda Bryan
Buyer's Agent in 2025
Amanda Bryan
Compass Connecticut, LLC
(203) 246-1064
72 in this area
102 Total Sales
-
Kristen Harrow
K
Seller Co-Listing Agent in 2021
Kristen Harrow
William Raveis Real Estate
(203) 858-4823
18 in this area
21 Total Sales
Map
Source: SmartMLS
MLS Number: 24100311
APN: NCAN-000047-000103-000044
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