354 Route 7 North, Canaan (Falls Village), CT, 06031 | $1,350,000

A $2M property for $1. 35M Rarely does a property offer such an exceptional combination of historic character, modern improvements, acreage, amenities, & VALUE. Set on 6. 29 professionally landscaped acres bordering state and conservation land, this meticulously restored & thoughtfully expanded 1790 residence delivers the lifestyle & substance of a far more expensive property. Offering 4, 025 square feet of beautifully renovated living space, the home seamlessly blends historic elegance with modern comfort. High ceilings, four spacious bedrooms, three full baths, six fireplaces, custom built-ins, detailed moldings, & original wide-plank floors-including some measuring an extraordinary 22 inches wide-create a home rich in character & architectural significance. Designed for both gracious entertaining & everyday living, the expansive floor plan includes a formal dining room, library, den, sun-filled great room, & fabulous family room. The main-level family room can easily serve as a first-floor primary suite, offering flexibility for changing needs & lifestyles. Outside, enjoy an inviting in-ground pool, 3-car garage, & the privacy and natural beauty afforded by neighboring protected land. Extensive recent improvements ensure effortless ownership, including a brand-new septic system, renovated kitchen & bathrooms, whole-house generator, spray foam insulation, a new driveway, lightning protection, LeafFilter gutters, chimney caps, a newer roof, substantial landscaping/hardscap What makes this offering even more compelling is its value proposition. A completely restored home of this scale and quality-with over 4, 000 square feet of living space, 6+ acres, a pool, three-car garage, extensive infrastructure upgrades, and direct access to neighboring conservation land-would command a substantially higher price if situated on a quiet secondary road. Here, that distinction has already been reflected in the pricing, creating a rare opportunity to acquire a property whose size, character, condition, and amenities would be difficult to replicate at this price point anywhere in the area. Ideally situated just minutes from Salisbury, Lakeville, Falls Village, Sharon, Canaan, Cornwall, and Goshen, Connecticut, as well as Great Barrington, Massachusetts and Millerton, New York, the property offers exceptional convenience while remaining surrounded by the natural beauty that defines the Northwest Corner. Hiking, skiing, lakes, rivers, and countless cultural and recreational attractions are all nearby, with New York City just two hours away. For buyers who appreciate historic character, modern comfort, and exceptional value, this is one of the most compelling opportunities currently available in Litchfield County.

Features

  • Town: Canaan
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Main Level
  • Style: Colonial,Antique
  • Year Built: 1790
  • Garage: 3-car Detached Garage
  • Heating: Radiant,Radiator
  • Cooling: Attic Fan,Ceiling Fans,Wall Unit
  • Basement: Full,Unfinished,Sump Pump,Interior Access,Walk-out,Concrete Floor,Full With Hatchway
  • Above Grade Approx. Sq. Feet: 4,025
  • Acreage: 6.29
  • Est. Taxes: $18,868
  • Lot Desc: Fence - Stone,Treed,Level Lot,Sloping Lot,Cleared,Professionally Landscaped
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • Pool: Heated,In Ground Pool
  • Appliances: Gas Range,Range Hood,Refrigerator,Dishwasher,Washer,Electric Dryer,Wine Chiller
  • MLS#: 24100253
  • Website: https://www.raveis.com
    /eprop/24100253/354route7north_canaan_ct?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Hardwood Floor,Wide Board Floor16.0 x 16.0Upper
Bedroom 2 Hardwood Floor16.0 x 15.0Upper
Bedroom 3 Fireplace,Hardwood Floor,Wide Board Floor12.0 x 14.0Upper
Den Fireplace15.0 x 16.0Main
Family Room 9 ft+ Ceilings,Built-Ins,Fireplace,Patio/Terrace,Hardwood Floor,Wide Board Floor17.0 x 17.0Main
Formal Dining Room Fireplace,Hardwood Floor,Wide Board Floor14.0 x 24.0Main
Full Bath Hardwood Floor,Wide Board Floor16.0 x 15.0Upper
Full Bath Upper
Great Room 9 ft+ Ceilings,Ceiling Fan,Fireplace,Patio/Terrace,Slate Floor23.0 x 30.0Main
Kitchen Bay/Bow Window,Beams,Quartz Counters,Island,Hardwood Floor,Wide Board Floor14.0 x 16.0Main
Library Book Shelves,Built-Ins,Fireplace15.0 x 16.0Main
Primary Bath Upper
Primary Bedroom Hardwood Floor,Wide Board Floor16.0 x 15.0Upper

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.

The Prud'homme TeamSales Associates

ThePrudhommeTeam@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
  • 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.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@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

354 Route 7 North, Canaan (Falls Village), CT, 06031

$1,350,000

The Prud'homme Team

Sales Associates

William Raveis Real Estate

Phone: 843.341.5660

ThePrudhommeTeam@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,080,000 $1,080,000 $1,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.121% 6.183%
Monthly Tax Payment $1,572 $1,572 $1,572
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,132 $6,475 $9,114
Total Monthly Payment $7,829 $8,172 $10,811

* 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.