98 Banks Place - Fairfield, CT

$5,625,000

Beds

6.00

Baths

5,699

SqFt

5.44

Acres

Pricing Insight: Originally listed for $5,625,000, the price has remained unchanged for approximately 7 days. This property has been on the market for approximately 7 days. MLS reports 5 Days on Market (DOM) before it went under contract.

98 Banks Place, Fairfield, CT is a 5-bed, 6-bath, 5,699 square foot home built in 1830 , featuring colonial,antique architecture.

This home is within the Fairfield school district. Local, with nearby schools including Mill Hill.

MLS #: 24193624

Offered Price: $5,625,000

Residence Type: Single Family

Architectural Style: Colonial,Antique

Living Area: 5,699 Sq. Ft.

Lot Size: 5.44 Acres

Neighborhood: Southport

County: Fairfield

Year Built: 1830

Design & Construction: Frame

Heating: Hot Air,Radiant,Zoned

Cooling: Central Air,Zoned

Garage Spaces: 3

Price per Sq Ft as listed: $987

Estimated Tax: $75,798

Days on Market: 5

$1,825,000

3 Beds · 4 Baths · 3,805 Sq Ft

491 Westway Road, Fairfield

Home Automation: Not specified

Energy Features: Generator, Geothermal Heat

Solar Contract: Not specified

Heating Fuel: Geothermal, Natural Gas

Fuel Type: Hot Air, Radiant, Zoned

Fuel Tank Location: Not specified

Cooling System: Central Air, Zoned

Hot Water System: Natural Gas, Tankless Hotwater

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $987 / Sq. Ft.

Tax assessed value: $1,430,730

Estimated Tax: $75,798

Architectural Style: Colonial,Antique

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1830

Living Area: 5,699 Sq. Ft.

Lot Size: 5.44 Acres

Fuel: Geothermal,Natural Gas

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in Fairfield
Statistical modeling algorithms

Local Market Context

Active Listings: 213

Average Price: $1,152,518

Average DOM: 5 days

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*Offers Due 7/26 at 5PM* Timeless luxury meets exceptional craftsmanship at 98 Banks Place, where a meticulous restoration & rebuild, completed in 2017, transformed an 1830 Greek Revival into a home offering the comfort of new construction while preserving the soul, warmth, & character only a home of this era can provide. Original floors, brick, timbers, custom windows, reclaimed hardware, & period details blend seamlessly with custom millwork, barrel ceilings, Belgian stone flooring, designer finishes, radiant-heated floors, & all-new systems. A chef's kitchen w/ concealed scullery anchors gracious living spaces, while an inviting family room & serene primary suite balance gathering & retreat. Set on nearly 5.5 private acres, the property is designed for indoor-outdoor living w/ a resort-style pool, year-round spa, expansive bluestone patio, outdoor kitchen, double-sided fireplace, & new pool house offering flexible space for guests, entertaining, an in-law suite, or future living accommodations. Sweeping lawns, formal gardens, an apple orchard, enclosed vegetable garden, & mature green screening create a private retreat unlike any other. Moments from Southport Village, Southport Harbor, Pequot Library, Southport Beach, dining, & the train, this is a rare opportunity to enjoy estate-like living in one of Fairfield County's most sought-after coastal communities, where old-world charm, modern ease, & a walkable coastal lifestyle come together in a truly one-of-a-kind offering

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain • 5.4 acres

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

213

Homes For Sale

$1,152,518

Average List Price

Mechanicals & Utilities: Hot Air,Radiant,Zoned • Geothermal,Natural Gas • Central Air,Zoned • Public Water Connected water • 5 fireplaces

Exterior Features

Exterior Construction: Shingle,Cedar

Roof Type: Wood Shingle

Foundation: Concrete,Stone

Garage: Detached Garage (3 car)

Patio/Deck: Terrace,Gutters,Lighting,Guest House,Balcony,Fruit Trees,Porch,Garden Area,Underground Sprinkler

Pool: Gunite,Heated,Pool House,Spa,In Ground Pool

Utilities: Water: Public Water Connected

Outbuildings: Terrace,Gutters,Lighting,Guest House,Balcony,Fruit Trees,Porch,Garden Area,Underground Sprinkler

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Steve Simos

Real Estate Advisor

Fairfield • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(203) 915-6183

george@appzentric.com

Good morning Steve, I'm interested in
98 Banks Place, Fairfield, Connecticut

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