Westport New Construction Summer Re-Cap
Market Intel
Market Intel
This summer, Westport has seen an uptick in luxury single-family home construction sales, reflecting the town's appeal among affluent buyers and a desire for high-end residences that blend modern design with traditional New England charm. Key trends include the incorporation of eco-friendly materials, smart home technology, and outdoor living spaces that cater to the demand for seamless indoor-outdoor living. Additionally, many new homes feature open floor plans, custom finishes, and state-of-the-art amenities, satisfying the lifestyle preferences that draw homeowners to this bustling Gold Coast community. These trends underscore Westport’s reputation as a prime location for luxury living, attracting both local buyers and those relocating from the west coast and other urban areas.
WHAT’S ON TREND
Sustainability is the enduring trend this summer with Azek, and other synthetic materials, replacing natural wood for many decking and exterior trims offering end users a much lower maintenance product. Cedar roofs are also being replaced with synthetic shingles, like the Davinci product, which offers a 50 year warranty and little maintenance for a very similar cost.
Clean lines and large windows are central to many of the newer, modern home designs. Expansive walls of glass windows and doors incorporate seamless indoor/outdoor spaces offering much desired light and an easy continuation of the summer season into fall. Designer closets with custom built-ins and specialized compartments for everything from shoes to handbags to jewelry are transforming what was once simply storage to a Fifth Avenue showroom.
DEIRDRE A HOMES SUMMER HIGHLIGHTS
NEW CONSTRUCTION
As an expert in Luxury New Construction, it is my pleasure to represent Bluewater Home Builders as they brought two beautiful luxury homes to the Westport market this summer.
14 COCKENOE DRIVE
Under Construction and Available
$7,195,000
Endless Summer Awaits! The BEACH is calling from this one-of-a-kind direct Long Island Sound FEMA compliant new construction. Feel as if you are floating on water with 3700 sqft finished on three levels and an additional heated and covered private Loggia area open to the beach and perfect for entertaining. The open floor plan and floor to ceiling windows create light filled rooms throughout this 4BR state of the art masterpiece. Enjoy sand beneath your toes and forever unobstructed panoramic views every day from the comforts of your own home. With a 2-car garage, roof top deck and home generator, enjoy easy island living only 50 miles from NYC.
2 OWENOKE PARK
Completed and Closed
$8,7095,000
A contemporary styled design with an open floor plan, 5 ensuite bedrooms, 2-car garage, elevator and a 3rd level office with a deck overlooking the marina and Long Island Sound. Offering wonderful light and amazing water views from every room, this 4820+ sqft home provides the best of luxury living with a private pool and covered loggia area as well as access to Gray's Creek.
LAND
Westport is a very unique town offering both the beach and the country, an award-winning school system, a town country club, (Longshore), and a lively downtown and arts community. As a commuter town, Westport offers easy access to public transportation with 2 train stations as well as convenient access to Interstate 95 and the Merritt Parkway to NYC making it a perfect location for those seeking to build their own version of a dream home.
26 BEACHSIDE AVENUE
A Builder Ready Opportunity
$10, 495,000
3.30 Private waterfront acres with 254 feet of Long Island Sound frontage located on the Premier Gold Coast of Connecticut is ready to be molded into your PERFECT home. Southern facing, cleared, and elevated, this land is direct water front with private beach access and an expansive seawall. The possibilities are endless for this oversized lot; panoramic views and spectacular sunrises as just the beginning. Located in the heart of Green Farms, walking distance to train station and close to schools and shopping, this lot is builder ready.
LOOKING AHEAD
Buyers love new construction homes, and what’s not to love?! The demand in Westport remains strong, and local builders are trying to overcome the supply chain and material issues of the past, but land is still scarce and expensive. Builders have definitely seen an increase in custom home builds and partnerships with buyers who bring the land and seek to work with a reputable builder in constructing something more personal while creating equity in an asset.
Trends for the fall will include new construction coming to market and deliverable in time for Spring/Summer 2025. Market reports are showing that prices are jumping based on the cost of land and goods/materials. Currently, there is only 1 available active new construction listing in the $3M+ price range and there has been a big jump in the $4M+ price range with 7 active new construction listings available. Additionally, there are now 4 active new construction listings available in the $5-6M range indicating a trend in elevated pricing.
INTERESTED IN LEARNING MORE?
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A quaint 1,680 square foot, 200 year old farmhouse situated in lovely Aspetuck Corners of Easton CT.
The company was recognized for Best Spec Home between $5-6 Million for One Minute Man Hill in Westport.
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With an extensive network of industry contacts and in-depth knowledge of the local market activity, both on and off the MLS, She is a seasoned Real Estate Agent. She represents home buyers and sellers, from the first-time homebuyer to the experienced seller, often advising the same clients through multiple transactions.
