195 Margaret Lane - Orange, CT

$750,000

Beds

3.00

Baths

2,760

SqFt

2.25

Acres

Pricing Insight: Originally listed for $750,000, the price has remained unchanged for approximately 29 days. This property has been on the market for approximately 29 days. MLS reports 7 Days on Market (DOM) before it went under contract.

195 Margaret Lane, Orange, CT is a 3-bed, 3-bath, 2,760 square foot home built in 1964 , featuring ranch,split level architecture. This home is part of a homeowners association, with dues of $250 paid annually. The HOA fee includes: lake/beach access.

This home is within the Orange school district. Local, with nearby schools including Peck Place.

MLS #: 24164414

Offered Price: $750,000

Residence Type: Single Family

Architectural Style: Ranch,Split Level

Living Area: 2,760 Sq. Ft.

Lot Size: 2.25 Acres

Neighborhood: N/A

County: New Haven

Year Built: 1964

Design & Construction: Frame

Heating: Baseboard

Cooling: Central Air

Garage Spaces: 2

Price per Sq Ft as listed: $272

Estimated Tax: $11,687

Days on Market: 7

$449,900

2 Beds · 3 Baths · 1,330 Sq Ft

57 Lakeside Drive, Orange

Home Automation: Not specified

Energy Features: Thermopane Windows

Solar Contract: Not specified

Heating Fuel: Oil

Fuel Type: Baseboard

Fuel Tank Location: In Basement

Cooling System: Central Air

Hot Water System: Other, Domestic

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $272 / Sq. Ft.

Tax assessed value: $401,600

Estimated Tax: $11,687

Architectural Style: Ranch,Split Level

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1964

Living Area: 2,760 Sq. Ft.

Lot Size: 2.25 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 Orange
Statistical modeling algorithms

Local Market Context

Active Listings: 17

Average Price: $587,438

Average DOM: 7 days

Complimentary CMAs, no obligation

Location is everything! This gem of a home is part of the private Indian Lake Association & includes access to the association only beach, perfect for enjoying lake life. Bring your kayaks! This spacious, impeccably maintained Split Level home features updated siding, roofing, & mechanicals. The home sits directly across from private Indian Lake, offering stunning water views & a peaceful setting on 2.25 acres at the end of a quiet, dead-end street, ideal for fishing, swimming, & boating just steps away. Step inside to a fabulous open floor plan featuring crown molding throughout the first floor, & hardwood flooring throughout the home. The living room offers a gas burning fireplace & beautiful lake views. The oversized den features stunning water views with French doors leading out to the patio & screened in gazebo, perfect for relaxing or entertaining. Spend your time listening to the frogs, watching ducks & swans on the water, & eagles soaring overhead. The kitchen offers granite countertops & an island for entertaining and cooking. Upstairs, you will find three spacious bedrooms, guest bathroom & a primary suite with a full bath. The lower level features an oversized walk out family room with laminate floors and an updated half bath. Additional highlights include a full unfinished basement, 2 car garage with epoxy flooring & two sheds on the property. Major updates provide peace of mind: grey vinyl siding 2020, roof 2018, AC air handler 2019, oil tank 2020, furnace (2025)

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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 • 2.3 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.

17

Homes For Sale

$587,438

Average List Price

Mechanicals & Utilities: Baseboard • Oil • Central Air • Public Water Connected water • 1 fireplaces

Exterior Features

Exterior Construction: Vinyl Siding

Roof Type: Asphalt Shingle

Foundation: Block

Driveway: Private,Paved

Garage: Attached Garage,Paved,Driveway (2 car)

Parking: 8 Total

Patio/Deck: Deck,Gutters,Lighting

Utilities: Water: Public Water Connected

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Steve Simos

Real Estate Advisor

Orange • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(800) 555-0003

george@appzentric.com

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195 Margaret Lane, Orange, Connecticut

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