USLakeFront Lake survey & intelligence

$1,225,000

8353 Shoreline Dr, New Milford, CT 33173

Sample listing
4
Bedrooms
2
Bathrooms
2,200
Square feet
220 ft
Shoreline
$5,568
Per shoreline ft

Gentle-slope frontage with sandy bottom on Candlewood Lake. Roughly 220 feet of owned shoreline on 2.87 acres, with 4 bedrooms across 2,200 square feet. Two-slip covered. Water clarity on Candlewood Lake averages around 12 feet and the lake is classified managed for water level. Dock and shoreline work fall under FirstLight Shoreline Mgmt. This is a sample listing used to demonstrate the platform.

Features

Detached garageTwo-slip dockOpen floor planWood stoveIrrigation from lakeNew seawallBoat lift

Property facts

Property typeCondo Year built1989 Lot size2.87 acres DockTwo-slip covered Water depth at dock4 ft ExposureSouth-facing ViewPanoramic Annual taxes$19,320 HOA$250/mo Short-term rentalVerify locally Listed2026-08-05
$10,696
All-in monthly
$277,650
Cash to close
$26,435
Costs beyond the obvious

Up front

Down payment$245,000
Closing costs (est. 2.4%)$29,400
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$277,650

Every year

Principal & interest$77,451
Property taxes$19,320
Hazard insurance$5,145
Flood insurance$3,240
HOA / POA dues$3,000
Utilities$2,970
Maintenance reserve (1.1%)$13,475
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$1,320
Total$128,351
Adjust these assumptions →
$5,568
This home / shoreline ft
$4,843
Lake average
$557
Per square foot
Above the lake average — this property prices at $5,568 per shoreline foot against a lake average near $4,843, a difference of 15%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year92 Gross revenue$30,428 Lodging tax−$3,347 Management−$5,416 Cleaning & supplies−$8,780 Net operating income$12,885 Against annual carry$-115,466
Model your own →
5.4
Lake score
C
Water grade
10 ft
Drawdown
Level stabilityManaged Typical clarity12 ft Dock authorityFirstLight Shoreline Mgmt
Full Candlewood Lake report →
Comparable

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