118 Sherry Lane

New Milford, CT
$ 699,000 Beds 3 Baths 2 Sq 912
Monthly Estimate* How much can I afford?

Opportunity knocks! Enjoy your own slice of paradise on Candlewood Lake! This charming mid-century direct waterfront bungalow is nestled in its own pocket cove, offering both western exposure sunsets and southerly views. Enter the house from your large deck into the light and bright living room with eat-in kitchen area featuring floor-to-ceiling windows and field stone fireplace. The living space also includes a recently updated and modernized en-suite bathroom off the primary bedroom (large enough for king-sized bed), plus two other bedrooms sharing their own full hall bathroom. With new energy-efficient mini-split heating/AC, each room controls its own temperature. Bring your grill! Your large deck - perfect for entertaining - directly overlooks the lake. Stroll down the gentle slope to your shared dock where you can keep your own boat, or continue your walk across the lawn to the private community's sandy beach with roped-off swimming area, swim dock, picnic area, and kayak storage. The property is centered in a large arc of "no wake zone" just north of Gerard's Marina, perched above a protected cove that's ideal for swimming and paddleboarding. This adorable cottage is ready for your own interior design ideas and updates, or consider expanding onto the house in the future. This is a much-loved "as is" home with million-dollar views and plenty of options - lakefront at this price point is rare indeed, so don't miss out!

Single Family

  • Price
  • $ 699,000
  • City
  • New Milford
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Litchfield
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.27 Acres
  • Zip
  • 06776
  • Sqr Footage
  • 912
  • Year Built
  • 1968
  • Taxes
  • $ 14244
  • Style
  • MLS#
  • 24193310
Listed By: William Stuart 203-788-0641 with Berkshire Hathaway NE Prop.. - (203) 438-9501
Data Source: Smart MLS

Features

General

Zoning R8
Neighborhood Candlewood Point
County Litchfield
Tax Year July 2025-June 2026
Property Type Single Family For Sale
Status Under Contract - Continue to Show
Acres 0.27
Directions Sullivan Rd to Old Town Park Rd to Sherry Ln
High School New Milford
City New Milford
Elementary School Hill & Plain
Sq Ft Total 912
DOM 18
Year Built 1968
Style Ranch
Year Built Source Public Records

Interior Features

Cooling System Ductless
Total Rooms 5
Basement Description Crawl Space

Exterior Features

Water Source Private Water System
Lot Description Sloping Lot,Water View

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Torrington, CT office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Hill & Plain Elementary School
Middle School Unknown Middle School
High School New Milford High School

Price History

7/22/2026 Listed $699,000

Property vs Zip Code Average in 06776

Price
AVG $830K
$700K
Taxes
AVG $893,972
$14,244
Year Built
AVG 1968
1968

118 Sherry Lane New Milford, CT is a Single Family Home for sale at $699000 with 912 sqft and a lot size of 0.27 Acres Acre(s). 118 Sherry Lane New Milford has 3 bedrooms, 2 baths and was built in 1968. The property's zip code is 06776 which is in New Milford, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.