$1,599,999
 $8,589 est/mo Sourced by Back At You

85 Prospect Hill Road,New Milford, CT 06776

New Milford, CT 06776

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Description

A rare investment opportunity and a chance to own a distinguished piece of New Milford history. This impressive 7 family Victorian, built in 1880, once served as the residence of John Pettibone, the esteemed Superintendent of the New Milford school system. Today, it offers strong income potential and timeless character for the astute investor. The property features five roomy two-bedroom units and two comfortable one-bedroom units, all currently rented. The interior hallways and individual apartments have been thoughtfully updated, breathing new life into this historic home while preserving its charm. Ideally situated close to downtown New Milford, the location provides convenience, walkability, and enduring appeal. An exceptional opportunity to expand your portfolio-schedule your tour today.

Details

MLS #24192187
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract - Continue To Show
Year1880
Days On Site69
Listing Provided ByColdwell Banker Realty | Jennifer Pistone

Features

Bed(s)12
Bath(s) 8 Total
SQ Feet8,891
BasementY
Units7
ZoningR8
Acreage0.48

Interior

Total Rooms26
Cooling SystemNone
Laundry Room InfoCoin Op Laundry

Exterior

Exterior FeaturesWrap Around Deck
Roof InformationAsphalt Shingle
Foundation TypeStone

Parking

Garage & ParkingPaved, On Street Parking, Off Street Parking
Parking Total Spaces10

Utilities

Sewage SystemPublic Sewer Connected

Taxes

Tax YearJuly 2025-June 2026
Property Tax17339

Area Information

StateCT
CountyLitchfield
CityNew Milford
Zip Code06776
AreaProspect District
School DistrictPer Board of Ed
Elementary SchoolPer Board of Ed
High SchoolNew Milford
Listing VS Median (in 06776)
Price:
$1,599,999
low | high
Med:
$477,500
100% of Average
sqft:
8,891
low | high
Med:
1,880
100% of Average
$ / sqft:
$180
low | high
Med:
$255
8.203442119795% of Average
On site:
69
low | high
Med:
81.5
84.662576687117% of Average
Sourced by Back At You

Market Activity 06776

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Learn More About This Property

StateCT
CountyLitchfield
CityNew Milford
Zip Code06776
AreaProspect District
School DistrictPer Board of Ed
Elementary SchoolPer Board of Ed
High SchoolNew Milford
Listing VS Median (in 06776)
Price:
$1,599,999
low | high
Med:
$477,500
100% of Average
sqft:
8,891
low | high
Med:
1,880
100% of Average
$ / sqft:
$180
low | high
Med:
$255
8.203442119795% of Average
On site:
69
low | high
Med:
81.5
84.662576687117% of Average
Sourced by Back At You
Listing Updated: October 8, 2026 at 9:48:22 AM PDT