5 Lakeview Drive - Norwalk, CT

$499,000

Beds

2.00

Baths

1,152

SqFt

0.11

Acres

Pricing Insight: Originally listed for $575,000, the price was last adjusted to $499,000 on July 27, 2026, a –$76,000 (13.2%) change, approximately 0 days ago. This property has been on the market for approximately 179 days.

5 Lakeview Drive, Norwalk, CT is a 3-bed, 2-bath, 1,152 square foot home built in 1947 , featuring cape cod architecture.

This home is within the Norwalk school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24151671

Offered Price: $499,000

Residence Type: Single Family

Architectural Style: Cape Cod

Living Area: 1,152 Sq. Ft.

Lot Size: 0.11 Acres

Neighborhood: Silvermine

County: Fairfield

Year Built: 1947

Design & Construction: Frame

Heating: Hot Water

Cooling: None

Garage Spaces: 0

Price per Sq Ft as listed: $433

Estimated Tax: $6,337

Days on Market: 178

$489,900

2 Beds · 2 Baths · 1,137 Sq Ft

76 New Canaan Avenue, Norwalk

$3,550

3 Beds · 2 Baths · 1,122 Sq Ft

3 Vail Street, Norwalk

$3,800

3 Beds · 2 Baths · 1,242 Sq Ft

7 Bartlett Manor, Norwalk

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Oil

Fuel Type: Hot Water

Fuel Tank Location: In Basement

Cooling System: None

Hot Water System: Oil, 40 Gallon Tank

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $433 / Sq. Ft.

Tax assessed value: $264,635

Estimated Tax: $6,337

Architectural Style: Cape Cod

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1947

Living Area: 1,152 Sq. Ft.

Lot Size: 0.11 Acres

Fuel: Oil

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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 Norwalk
Statistical modeling algorithms

Local Market Context

Active Listings: 243

Average Price: $614,767

Average DOM: 178 days

Complimentary CMAs, no obligation

Possible Short Sale Subject to Lien Holders' approval. 3 Bedroom and 1.5 bath. House in need of complete rehab. SOLD AS IS with left over stuff in the house. House is occupied. Please do not go without confirmation! Offers with cash or Hard money lenders only. Will not qualify for conventional or any other loan. Property tax is phased in for 2025-2026. Gross assessment for next fiscal year will be $294,300. Property can be shown Tuesday March 3rd between 1 & 2.

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Flood Risk Assessment

Location Analysis:

Inland Norwalk location

Water Proximity:

No direct water access

Topography:

Standard terrain • 0.1 acres

Recommendations:

Consult FEMA Flood Maps for accurate zone info
Consider flood insurance based on professional assessment
Evaluate property drainage during inspection
Review local flood history with town officials

Risk Level: Low

Minimal flood risk indicators. Verify with FEMA flood maps.

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.

243

Homes For Sale

$614,767

Average List Price

Mechanicals & Utilities: Hot Water • Oil • None • Public Water Connected water

Exterior Features

Exterior Construction: Aluminum

Roof Type: Asphalt Shingle

Foundation: Concrete

Driveway: Paved

Garage: Paved,Driveway

Parking: 2 Total

Utilities: Water: Public Water Connected

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George Antonopoulos

Real Estate Advisor

Norwalk • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(203) 675-3399

george@appzentric.com

Good morning George, I'm interested in
5 Lakeview Drive, Norwalk, Connecticut

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