402 Spring Water Lane, New Canaan, CT, 06840 | $4,499,000

This stunning Nantucket-style home showcases exquisite craftsmanship with stone and shingle details outside and gorgeous design inside, perfect for luxurious living and entertaining. Beautifully sited on an elevated, private and lush 3. 3-acre lot in a coveted west-side neighborhood, this property offers a serene retreat on a quiet cul-de-sac so close to everything. Mature evergreens and stone walls create a picturesque setting that is conveniently located near both train stations and town, providing an oasis of privacy and accessibility. Step inside through the grand Dutch door into the spacious foyer with soaring ceiling and natural light. The main level features stately and serene public rooms with fireplaces, oversized windows, and cathedral ceilings. The sun-filled kitchen is a chef's dream, with marble countertops, double islands, and top-of-the-line appliances, including a built-in cappuccino machine. Upstairs, the primary suite offers a super-luxe bathroom with double vanities, spacious walk-in closets, and private separate sitting area. Four more bedrooms and a great room on the second level, PLUS fully finished lower level, movie theater, playroom/dance studio, and gym, offers entertainment options for all ages. A sixth bedroom, bath, and office area is versatile main floor space for guests or au-pair suite. Gorgeous patio, pool, hot tub, luxurious flat lawn and basketball court provide outdoor recreation and relaxation in a spectacular setting all year long! Exclusions: Dining Room Light Fixture Breakfast area Light Fixture Mudroom Light Fixture

Features

  • Rooms: 14
  • Bedrooms: 6
  • Baths: 6 full / 2 half
  • Laundry: Upper Level
  • Style: Colonial
  • Year Built: 2008
  • Garage: 3-car Attached Garage
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: Full,Heated,Storage,Fully Finished,Cooled,Liveable Space
  • Above Grade Approx. Sq. Feet: 8,494
  • Acreage: 3.3
  • Est. Taxes: $42,950
  • Lot Desc: Lightly Wooded,Level Lot,On Cul-De-Sac
  • Elem. School: West
  • Middle School: Saxe Middle
  • High School: New Canaan
  • Pool: In Ground Pool
  • Appliances: Gas Cooktop,Gas Range,Oven/Range,Microwave,Range Hood,Refrigerator,Freezer,Subzero,Dishwasher,Washer,Dryer,Wine Chiller
  • MLS#: 24014510
  • Days on Market: 164 days
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /mls/24014510/402springwaterlane_newcanaan_ct?source=qrflyer
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.

Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Hardwood Floor13.4 x 11.5Main
Bedroom 2 Full Bath,Hardwood Floor14.8 x 14.1Upper
Bedroom 3 Full Bath,Hardwood Floor13.1 x 16.8Upper
Bedroom 4 Full Bath,Hardwood Floor16.0 x 14.3Upper
Bedroom 5 Full Bath,Hardwood Floor17.0 x 12.1Upper
Dining Room Built-Ins,Fireplace,Hardwood Floor18.6 x 19.1Main
Eat-In Kitchen Bay/Bow Window,Hardwood Floor13.7 x 18.5Main
Family Room Cathedral Ceiling,Fireplace,French Doors26.2 x 19.1Main
Kitchen Built-Ins,Dining Area,Dry Bar,Island,Pantry,Hardwood Floor21.4 x 18.0Main
Living Room Fireplace,Hardwood Floor17.1 x 23.4Main
Office Book Shelves,Built-Ins,Fireplace,Hardwood Floor13.4 x 19.1Main
Other 29.4 x 39.1Upper
Other 29.3 x 17.5Lower
Primary BR Suite Fireplace,Full Bath,Walk-In Closet,Hardwood Floor17.1 x 23.9Upper
Rec/Play Room 33.1 x 19.7Lower

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

April + Kelly TeamSales Vice President

203.667.4074

AprilandKelly@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Michael AlvordInsurance Sales Director, William Raveis Insurance

203.925.4507

Michael.Alvord@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

402 Spring Water Lane, New Canaan, CT, 06840

$4,499,000

April + Kelly Team

Sales Vice President

William Raveis Real Estate

Phone: 203.667.4074

AprilandKelly@raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,599,200 $3,599,200 $3,599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $3,579 $3,579 $3,579
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,436 $22,454 $30,130
Total Monthly Payment $24,140 $26,158 $33,834

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.