Linda Raymond Real Estate Blog, Fairfield, Westport & More

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Beach in Review – Fairfield 2019

Market activity on Fairfield Beach Road –  Pine Creek Avenue – Old Dam Road

What’s On the Market?


On the Market: 1690 Fairfield Beach Road

Fairfield Beach Road

  • Nine single-family homes are for sale.
  • Five are new construction listings priced from $1,600,000 to $3,200,000. Two are nearing completion and two are proposed.  Two of the new homes are on direct beachfront and three are across the street from the water.
  • There are two listings on the creek with a floating dock, 1690 and 1522 Fairfield Beach Road, priced at $1,150,000, and $2,350,000 respectively.
  • Two listings are on direct beachfront, 1037 and 1157 Fairfield Beach Road priced at $1,699,000 and $1,977,000 respectively.

Pine Creek Ave

  • There is one property for sale at 57 Pine Creek Avenue for $599,000.

Old Dam Road

  • There are three properties for sale on the creek with a dock with prices ranging from $675,000 to $1,099,000.

What Sold in 2019?

  • 20 single-family homes sold including 15 on Fairfield Beach Road, four on Pine Creek Avenue, and one on Old Dam Road.
  • The highest sale price was $2,900,000 on Pine Creek and the lowest was $549,000 for an antique cottage on Fairfield Beach Road.
  • Two condominiums sold, one in the Burr Court complex on Fairfield Beach Road, and one at Kensie Point on Pine Creek Avenue.
  • There is currently one home under contract on Fairfield Beach Road listed for $3,000,000. 

The 2019 waterfront market enjoyed a higher median sale price of $1,527,500 compared to $1,460,000 in 2018. Twenty single-family homes sold in both 2019 and 2018, and there was one condominium sale in 2018 and two in 2019.  As we begin 2020 with low interest rates, a nice selection of active beach listings, and one home already under contract, I’m optimistic for a great year ahead.  If you would like to discuss the value of your property in this market and how I would market it for you, please contact me at 203.912.4440, Linda.Raymond@raveis.com , or using the form below.

Linda Raymond at Penfield Beach
2020 should be great, and I can’t wait!

 


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Neighborhood Secrets: Lake Hills, Fairfield CT!

Most Fairfield locals have heard of the Lake Hills Association, but many don’t know much about it, as it remains one of those best-kept neighborhood secrets!  -Until now. 🙂

Beach 2 on Samp Mortar Drive

If you are moving into the area and are looking for some special neighborhood amenities, ask your agent to alert you to homes for sale with deeded membership to this association.

The Association encompasses five private beaches for members along the Samp Mortar Reservoir, each labeled with a sign.

Beach 1 – Tahmore Dr.
Beach 2 – Samp Mortar Dr.
Beach 3 – Mountain Laurel Rd.
Beach 4 – Winnepoge Dr.
Beach 6 – Sasapequan Rd. (not sure why this isn’t labeled “5” on the association’s website!)

In addition to fun member activities like live music and movies, five levels of swimming lessons are offered, starting with the beginner level. Swimming lessons are available for a separate fee for both members and non-members. Class sizes are limited to 10 participants and swim lesson sign-up day is June 9 at Beach 4 from 10 am to noon, so hurry up!  Visit the association website at LakeHillsFairfield.com for more info.  

Lake Hills Association Beaches

Eligibility to join the Association is part of the homeownership deed of nearby homes within the designated area in the association bylaws. Joining is optional for some owners and required for other parcel owners, and the membership fee runs about $400 per year.  Another Fairfield gem nearby that is open to all town residents also deserves a mention here, the park at Lake Mohegan.

If you or a friend are considering a move to the neighborhood, the totally renovated home at 2654 Black Rock Tpk is currently on the market and sits just across the street from Beach 6!  Click the image below for a video tour.  Visit my website to see more area homes on the market or to set up a search. As always, feel free to contact me with comments or questions using the at the bottom of this post, and I will get back to you as quickly as I can.

2654 Black Rock Tpk

Re-Imagined Ranch in Lake Hills

Here are some additional topics you might like,

Choosing a Real Estate Attorney

Dryer Vent Cleaning

Open House Safety-Neighborhood Watch!

 

 

Another nearby home for sale is 345 Steiner Street.  It’s not part of the Lake Hills association but is just a few blocks from the fabulous park at Lake Mohegan and just a short drive to all of Fairfield’s five beaches on Long Island Sound. 

345 Steiner St, Fairfield CT

Cul-de-Sac Charmer Near Lake Mohegan

 

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Hiking Trails, Water Park, Lake Mohegan- Take Tours!

One of the many super amenities in the town of Fairfield is Lake Mohegan and all the great stuff right around it.  Take tours around the park with our friendly Portuguese Water Dog, Splash.  He will preview some of the fun for you, and then you should come and see for yourself!

The park is open for year-round enjoyment.

Splash in for a swim!There are short and long hiking trails offering gorgeous natural scenery and great exercise for both you and your dogs. The long trail goes all around the lake and takes about an hour to complete.  There are many dramatic views along the way including a deep stream where dogs can jump in from the rocks above.
Splash jumps from a rockThe terrain varies from level to steep and smooth to rocky with exposed tree roots, so don’t go in your flip-flops!

People watching Splash Jump

The short trail doesn’t go as far into the woods and more or less follows the edge of the lake.  It leads to a wonderfully entertaining swimming beach for dogs.
Whether you come with a dog or not, just standing there and watching the action will ensure you witness an upbeat social dynamic among our four-legged friends!

During the summer, the official public swimming beach is open, complete with lifeguard, sandy beach, and marked off swimming areas with ropes at different depths.  Lake Mohegan SummerThere are picnic tables, swings, a snack bar, and restrooms. For the little ones, there is also a water park area to supplement the beach.  It’s an exciting fountain playground with multiple intermittent water-sprays that are sure to delight and surprise its guests.

Splash on trail in winter

The lake and surrounding area comprise 170.4 acres managed by Fairfield’s Conservation Commission and the Parks and Recreation department. Lake access and the parking entrance are at 960 Morehouse Highway.  The park is easily accessed from exit 44 off the Merritt Parkway. Parking is free, and there is a small entry fee for the swimming beach in the summer.

 

Looking to move into this area? Check out another nearby Neighborhood Secret, the Lake Hills Association! Click the next link to view a lovely home on the market just around the corner from the Lake Mohegan neighborhood at 345 Steiner Street.  Or send an inquiry in the form below for more information about the lake, more Fairfield amenities or other homes for sale nearby!

345 Steiner Street, Fairfield

Cul-de-Sac Charmer! Click image for video

 

Splash Photos Courtesy of Karen Kallins

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My Most Cherished Walking Trail in Fairfield CT’s Beach Area!

tidal-marsh-with-creek

Everyone who walks this trail, especially my dogs, agrees that this is one of the most wonderful places to go to decompress and gain inspiration in Fairfield Connecticut’s beach area.   You may find yourself alone with the wildlife (and your dogs), or you may see other people dog-walking, jogging or bicycling. marsh-trail

There is convenient access from several beach area neighborhoods.  One entrance is on Old Dam Road.  You can jump on the trail from the Meadows condo complex off South Pine Creek Road, or you can enter at Mona Terrace by the soccer field and senior center. The latter is my favorite because there is a cut-through from an additional neighborhood near me at the Veres Park cul-de-sac.  A parking lot is also available at the senior center, next to the soccer field.

marsh-trail6

When entering from Mona Terrace, I like the fact that you have options. You can choose to go for a short and sweet stroll along the marsh-side path that leads out to Oldfield Road.  Or for a bigger commitment, you can jump onto the wide trail and go through the woods, across the bridge, and past the Meadows condos and Old Dam Road to the end of the trail and back. marsh-trail3

The woods are always peaceful and pretty, but in my view, the vistas along the tidal marsh are where I find my “Zen”.  When it’s high tide, the water winds through the tall grasses, and when the sun hits the water just right, it sparkles through the reeds and tree branches like diamonds! In the summer, the seaside greenery boasts flowers of vivid colors, and a vast variety of birds are busy doing what they do!

marsh-trail5

Last, but not least, if you take the full route to the end, you will get the prize.  What makes this my favorite trail is that it narrows along a little strip of raised land, where you start to wonder where you will end up.  But it leads you to the sweetest of surprises.  The tail takes you to a final destination, where (spoiler alert) you are surrounded on three sides by the water of a tranquil lagoon.  Beyond the edge of the lagoon, to the right, you can see two more waterways.  Old Dam Road flanks the lagoon with Pine Creek behind it.  And behind that, you see Fairfield Beach Road and the Long Island Sound.  Three different waterway views all at once, what a rare treat!   Your dogs can go for a swim, you can take some photos as I’ve done here, and then, you can head back to reality feeling renewed.

tidal-marsh-trail-end

 

For more information about the rich local amenities or any real estate questions, send me a note below or give me a call.

-Linda
203.912.4440

 

Get a Realtor on Board!


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Home Buying Tips In A Tight Market – What can a buyer can do to combat tight inventory?

If you are a home buyer and don’t see many options during your initial search online, make sure you get a Realtor on board to help you.  Get a Realtor on Board!

Even though inventory may be low and declining, there are at least three key actions your agent can take for you.  Make sure your agent knows what you are looking for, the location you want and your ideal timing.

  1. Armed with this insight, the first thing your agent will do is set up a search for you in the MLS. This allows other agents to conduct a ‘reverse search’ for your wish list items that could match a new listing they plan to put on the market.  They can call your agent who will then be among the first to know about the new listing that could be perfect for you!
  2. The next action your Realtor can take is to send an email to fellow agents in the offices around the town where you are looking that asks if they have a possible match coming to the market.  This can encourage sellers to expedite their plans and make their property available sooner than they had originally planned.  It also gets you first dibs on these homes!

Sample letter to homeowners

3. Last, but not least, your agent can write a letter or design a postcard describing your dream home and mail it directly to the homeowners on your favorite street or in the area you are focused on.

 

Sample Postcard

 

 

 

If you are a seller dealing with buyers that are circling and taking no action or facing a complete lack of buyers altogether, there are key action steps you can take too.

So don’t give into a slowing market, surge ahead, get the market to work for you, and make your move!

For questions or help in this market, send me a note using the form below.


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Renovation vs. New Construction – What to consider

Thinking about a home renovation or possibly building a new house?  Along with some key resources to help with this dilemma, here’s a story about a homeowner in the beach area of Fairfield Connecticut that changed their initial plans after weighing all their options.

Jen and Chris came to Fairfield in 2006 and settled into their new home, a cozy Cape in the beach area on Pratt Street.  From day-one, they loved the location and the street.   They figured down the road they would have a baby and then renovate, expand or even add another floor.

New Construction

Fairfield Beach Area New Construction

Fast forward to 2009 when their little boy wasn’t so small anymore, but their house still was, and it was time to expand.  However, when they went to town hall and reviewed the beach area Zoning Regulations, they ran into an unanticipated glitch.  They hadn’t realized that if the cost of their renovations exceeded fifty percent of the market value of their house structure, they would be required to fill in their basement, or stretch their project costs out over several years.

Their other major consideration was the cost of flood insurance in the beach area, especially for houses not compliant with Federal Emergency Management Agency FEMA regulations, (FEMA FAQs).  After reviewing all the variables and costs, they changed course.  Instead of renovating, Chris and Jen determined that it would be more cost effective to tear down their house and rebuild.  This way their home would be FEMA-compliant and brand new with the added space they needed plus an attached garage.

If you are having a similar dilemma, there are some additional factors you may also want to consider as well as ways to finance renovations, key new home benefits, and tax incentives.

Beach Area New Construction

Jen and Chris’ New Home

Upon solidifying their decision and hiring a builder, Chris and Jen enlisted my help to find a nearby rental to live in during the construction.  They were not alone since many other families in the neighborhood were also raising their houses, renovating or rebuilding after superstorm Sandy.  We began looking and found some good prospects. Eventually, we secured a great place a few blocks away that was perfect for keeping a handle on construction oversight.

Home Sweet Home!

Jen and Chris in front of their new home!

The process of tearing down and rebuilding began.  And one year later, the new home stood welcoming its owners back to the beloved place where their old Cape once sat.

There’s nothing like home sweet home!

 

 

 

Send me a note if you would like to build new, renovate, and find a rental to help with the plan!

Consider a custom-built or new construction home in Fairfield or Westport.

6 Hillandale Lane, Greens Farms Westport CT

6 Hillandale Lane, Greens Farms Westport CT

 

 

 

 

 

 

 

 

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Get to the First Beachfront Open Houses in 2016!

Well, the winter weather was balmy for awhile, but we’re off to a brisk start for the New Year.  It’s a perfect time to dream about summer, so mark your calendars for some great beachfront open house events you can look forward to!

Birdhouse by Russian Beach, Lordship

Birdhouse by Russian Beach, Lordship

Lordship Lifestyle at Russian Beach
OPEN HOUSE: Sunday, January 24,  1-3 PM

Visit this better-than-new colonial with a new price of $859,000 and water views from every room!  Enjoy an open flow, high ceilings, ample light and a private fenced yard for relaxing and entertaining.

See the Listing
Take a Quick Tour


Kensie Point on the Sound
OPEN HOUSE: Sunday, February 28,
 1-3 PM

Come to the beach in Fairfield to see this turnkey beachfront condo priced at $845,000 and enjoy the fabulous water views!

Sunset at Pine Creek Beach, Fairfield

Sunset at Pine Creek Beach, Fairfield

See the Listing
Take a Quick Tour


Come to the beach and make an offer that can change your life!

Contact us with any questions or to request more info-