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$1,599,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • Updated 2 days ago
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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.

Full Property Details for 85 Prospect Hill Rd

General

  • Price: $1,599,999
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24192187
  • Updated: 8/2/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 26

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Coin Op Laundry

Exterior

  • Exterior Features: Wrap Around Deck
  • Color: Beige

Parking

  • Total Spaces: 10
  • Parking: Paved, On Street Parking, Off Street Parking

Location

  • County: Litchfield
  • Neighborhood: Prospect District
  • Driving Directions: GPS Friendly

School Information

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • High School: New Milford

Community

  • Community Name: Prospect District

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Oil, Propane
  • Heating Fuel: Oil, Propane
  • Water Heater: Electric, 50 Gallon Tank

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Unfinished, Interior Access, Full With Hatchway
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 8,891
  • Above Ground: 5,818 Sq. Ft.
  • Below Ground: 3,073 Sq. Ft.
  • Year Built: 1880

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 4

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Full Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.48
  • Zoning: R8
  • Lot Description: Corner Lot

Financial Considerations

  • Annual Sewer Fee: $3,780
  • Assessment Amount: $670,740
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1872254
Buyer's Brokerage Compensation: Contact Listing Agent
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— 85 Prospect Hill Rd —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 85 Prospect Hill Rd

School District:New Milford School District
NameGradesDistance
Sarah Noble Intermediate School
25 Sunny Valley Road, New Milford, CT 06776
3-51 mi
Hill And Plain School
60 Old Town Park Road, New Milford, CT 06776
K-23 mi
Schaghticoke Middle School
23 Hipp Road, New Milford, CT 06776
6-83.3 mi
New Milford High School, New Milford, CT
388 Danbury Road, New Milford, CT 06776
9-123.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 85 Prospect Hill Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/01/2026
Listed
$1,599,999
56.1%
MLS
10/23/2023
Sold
$1,025,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 85 Prospect Hill Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,225
67%
$346,570
—
2023
$10,317
3%
$346,570
—
2023
$10,044
2%
$346,570
—
2022
$9,825
1%
$346,570
—
2021
$9,694
-3%
$346,570
-1%
2020
$10,034
—
$349,860
—
2019
$10,041
2%
$349,860
—
2018
$9,856
3%
$349,860
—
2017
$9,534
2%
$349,860
—
2016
$9,366
9%
$349,860
9%
2015
$8,623
2%
$322,350
—
2014
$8,478
2%
$322,350
—
2011
$8,333
—
$322,350
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 85 Prospect Hill Rd

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85 Prospect Hill Road, New Milford, CT 06776 (MLS# 24192187) is a Multi-Family property with 7 units containing 12 bedrooms and 8 full bathrooms. 85 Prospect Hill Road is currently listed for $1,599,999 and was received on August 01, 2026. This property is listed by Jennifer Pistone from our Ridgefield Office.Want to learn more about 85 Prospect Hill Road? Do you have questions about finding other Multi-Family real estate for sale in New Milford? You can browse all New Milford real estate or contact a Coldwell Banker agent to request more information.

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