Linda Raymond Real Estate Blog, Fairfield, Westport & More

Fairfield & Westport living- homes, fun stuff & more!


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Fairfield Beach in Review: August 2020

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

What’s On the Market?

Active Beach Listings

Fairfield Beach Road

  • 12 single-family homes are for sale.
  • Four are new construction listings priced from $1,500,000 to $3,200,000. Three are complete and sit across the street from the water. Two are under construction, one on the creek, and one on the beach with a creekside parcel and a dock.
  • Seven of the listings are on direct beachfront and priced from $1,700,000 to $5 million.  Two of these have additional creekside property, and one also has a dock on the creek.
  • There are three creek-front listings priced from $2 million for a home with a dock to $2,570,000 for a new home under construction.

Pine Creek Ave

  • There is one waterfront property for sale for $2,495,000.

Old Dam Road

  • There is one property for sale on about a third of an acre that is not on the waterfront for $875,000.

What Sold, Mid-June to Mid-August?

Sold & accepted offers since mid-June

  • Four single-family homes sold since mid-June including three on Fairfield Beach Road, and one on Old Dam Road.  Two were on the beachfront and two on the waterway.
  • One condo across the street from the water sold on Fairfield Beach Road for $715,000.
  • Single-family sale prices ranged from $700,000 for a home not on the water on Old Dam Road to $3 million for beachfront renovation/new construction on Fairfield Beach Road.

What About Accepted Offers?

  • There are currently two homes under contract, a three-years-young beachfront home on Fairfield Beach Road listed for $2,795,000 and a beachfront condo on Pine Creek Avenue on the market for $1,135,000. 
  • Three homes on the beach have accepted offers with list prices ranging from $1,695,000 to $2,395,000.

1690 Fairfield Beach Rd - Sold

There have been nine sales so far this year through August 15 compared to 14 last year during this timeframe, however the five accepted offers should catch us up. One improvement we have seen this year is the beach homes selling closer to the asking price. On average the nine sales this year closed at 96 percent of the asking price compared to 94% last year.

Still, this year’s beach market has been a bit slow compared to other blazing markets driven by the pandemic. For example, in the entire Fairfield Beach Area (including homes closer to town), there were 95 sales year to date that sold for an average of 97 percent of asking compared to 78 sales YTD in 2019 selling on average for 96 percent of asking.

So the word on the street is that we may be in the dog days of summer at the beachfront, but the market overall is still hot!

 If you have any questions about this market and what it can mean for you, please reach out to me at 203.912.4440, Linda.Raymond@raveis.com , or using the form below.  I’m here to help!

 


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Fairfield Beach in Review: June 2020

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

What’s On the Market?

Fairfield Beach Road

  • 13 single-family homes are for sale.
  • Four are new construction listings priced from $1,500,000 to $3,200,000. Two are complete and sit across the street from the water. Two are under construction, one on the creek, and one on the beach with a creekside parcel and a dock.
  • Eight of the listings are on direct beachfront and priced from $1,350,000 to $3,775,000.  Five of these have additional creekside property, and two also have a dock on the creek.
  • Two listings are on the creek priced at $2,195,000 for a home with a dock, and $2,269,000 for a new home under construction.

Pine Creek Ave

  • There is one property for sale, a penthouse condo at Kensie Point, 10 Pine Creek Avenue, 501S for $1,135,000.

Old Dam Road

  • There is one property for sale on a 0.72-acre creekside parcel with a dock listed for $1,980,000.

What Sold So Far in 2020?

  • Four single-family homes sold in April and May including one on Fairfield Beach Road, one on Pine Creek Avenue, and two on Old Dam Road.
  • Sale prices ranged from $580,000 for a home off the water at 57 Pine Creek Avenue to $1,375,000 for a home at 2087 Fairfield Beach Road.

What About Accepted Offers?

  • There are currently two homes under contract, (my listing), a creekside home with a dock at 1690 Fairfield Beach Road listed for $1,095,000 and a newly raised home that is currently under construction on the beach at 1092 Fairfield Beach Road listed for $3,000,000. 
  • Two non-waterfront properties have accepted offers. One condo on Fairfield Beach Road and one house on Old Dam Road, listed for $729,000 and $700,000 respectively.

Sales activity on the waterfront this year has some catching up to do to match 2019 activity. Last year there were seven sales in February through May with sale prices ranging from $980,000 on Old Dam Road to $2,455,000 for (my listing), a large home on the beach with a creekside garage and finished space above it.  The late start of this year’s beach market is not surprising given the onset of the pandemic. However, the real estate market overall has seen an influx of activity from low interest rates and swarms of people leaving New York City, so the word on the street is that ‘summer is the new spring‘, and many anticipate a busy beach market 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.

 


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Beach in Review: Fairfield 2019 into 2020!

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

  • 10 single-family homes are for sale.
  • Three are new construction listings priced from $1,900,000 to $3,200,000. One is nearing completion and sits across the street from the water. Two are proposed new construction on direct beachfront.
  • 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.
  • Seven of the 10 listings are on direct beachfront and priced from $1,699,000 and $3,775,000.

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 $649,000 to $1,099,000.

Source: SmartMLS Updated 2/12/2020

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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Enchanting 33 Pansy Circle!

Your home is your castle, and enchanting 33 Pansy Circle in Fairfield, is ready to make some dreams come true.  Take a look at the trending story…! 

33 Pansy Circle Photo

Perhaps you or a friend are the perfect addition to this coveted enclave? Everyone here is friendly and supportive of one another. It’s a warm and festive neighborhood atmosphere, and when the weather’s nice, everyone likes to be outside.  The basketballs and soccer balls have been known to bounce around the circle! Other times there’s a peaceful retreat to respective back yards for a relaxing barbecue. The residents can’t wait to greet their new neighbors!

This grand colonial finished on 4 levels is a gem on the university cul-de-sac! Amazing Teen-Suite/NannyQuarters/Office/Yoga Studio or 6th Bedroom with a full bath sits Possible Yoga Studioabove the charming peaked garage. Better than new, and much bigger than it looks from outside, this home features 9-foot ceilings and open flow.

It also offers incredible custom high-end details, including extensive millwork, Klaff lighting, Italian Bertazzoni stove, and even a garage with a gleaming epoxy floor and a Wifi door opener that magically responds to your smartphone commands! The elegant gourmet Eat-In-Kitchen and Breakfast Area open to the generous Family Room with stone fireplace.

Open Kitchen

The second floor includes a Master Suite with luxury bath and jacuzzi tub, three additional bedrooms, a large hall bath with a granite double-sink vanity and separate water closet and bathing area, and a Laundry Room.

Vaulted ceilings top the 3rd level with a large bright Bonus space, 6th Bedroom, & full bath.

The partially finished Lower Level with high ceilings adds 717 sq ft of living space featuring a huge Rec Room/Home Gym with a wall of built-ins, another large room (now the Ping-Pong room!) that can easily be finished, plus tons of storage.

The stylish Mudroom with stone floor leads to the patio and private fenced yard. Sunny Patio

Twilight Patio

This special abode also features in-ground utilities and sprinkler system, energy efficiency, and room for a pool. Walk to Osborn Hill, around the corner from Black Rock Turnpike amenities, minutes to town, train, beaches, and highways from this excellent location.

Take a virtual tour, watch the video walk-through, and check out the listing. Elegant & enchanting! Make 33 Pansy Circle your new home, and let your dreams come true!

As featured in the Connecticut Post!

33 Pansy Cir Hot Property          33 Pansy Cir Hot Proeprty 2

If you have any questions or comments about this post or would like to arrange to see this property, enter your note below, and you will receive a quick response.

 


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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 a map of the beach locations and more info.  

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 at the time this article was written.  Another Fairfield gem nearby that is open to all town residents also deserves a mention here, the park at Lake Mohegan.

One home I sold with deeded Lake Hills Beach access is the totally reimagined home at 2654 Black Rock Tpk which sits just across the street from Beach 6!  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 I recently sold nearby 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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Neighborhood Safety Tips for Open Houses

We all love open houses.  Open house events have many virtues, but what you may not know is that they also come with some risk.

Open houses offer the perfect chance for buyers to start looking for a new home and getting a feel for what’s available.  Open houses help sellers gain exposure for their property in the marketplace.  And they are an opportunity for buyers and sellers to meet Realtors they may want to work with for their next move.

But there is a risk.  While promoting the property and the open house event, Realtors are also promoting the fact that they will be alone in a house at a specific address, date and time.  This leaves an opportunity for people who may have ulterior motives.  Some people visit open houses with the intent of theft of valuables or prescription medications. Others may have assault in mind.

Open House Safety

There are educational programs for Realtors to help them prevent potential dangers and know what to do if the unthinkable were to happen.  The photo shows the Fairfield police captain and an officer delivering a training session to agents at the William Raveis Real Estate office in Southport.  Some of the information pertains only to the person hosting the event, but there are important open house safety tips that guests and neighborhood residents should be aware of.

Most of us would agree that it’s important for everyone to contribute to a safe neighborhood.  Open houses are an integral part of neighborhood activities.  So we all need to take watch, especially during these community events.  Please keep the following safety tips from the police in mind.

 

  1. First and foremost is to be aware of your surroundings.   As a neighbor, you may see open house signs quite often. Try to be aware of the activity during the open house near you.  Does it seem typical?
  2. Does anything seem “not normal”?  If something stands out to you as out of the ordinary, take notice.  Are there too many people in that car?  Did the car park much further away from the open house than needed?  Does something seem odd? Not normal?
  3. Trust your gut.  Whether you are participating in an open house event or are a neighbor observing from across the street, if something just doesn’t feel right, it most likely is not.  If you assume wrong and err on the side of cautiousness, no harm is done, right?
  4. Take actionIt’s best to park on the street when you attend an open house if possible so that you won’t be blocked in. If you are in an open house and don’t feel safe, try to exit right away.  Go outside, call 911 and immediately provide the address.  If you are a neighbor and notice that something is not right, call 911, or if you feel it is not urgent, call the police and ask them to drive by.  And last, but not least, if you see a frightened Realtor heading toward your house, please let them in!

Open House, Welcome!

We can all work together to keep our neighborhoods and our open houses safe and enjoyable.  For more information on this topic or to discuss your moving plans, please send a note using the form below.

 

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