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The Hunt

Seeking a Fresh Start in Connecticut: In a House or a Condo?

Looking to downsize from their longtime house in Westport, a couple strategized about the best way to find a forever home they could afford — with room for a grand piano. These were their options.

Jeanine Esposito and Frederic Chiu in their new Connecticut home near Long Island Sound. The couple were downsizing after years in a grand house in Westport, but they weren’t sure just how big or small they wanted their new place to be.
Jane Beiles for The New York Times

Frederic Chiu and Jeanine Esposito are known in Westport, Conn., for the elaborate salons they held at their historic residence, known as Beechwood. The couple would create programs of art, music, film and food around appealing themes — New York City in the 1970s, say — and then invite others to immerse themselves in the topic. Mr. Chiu, an internationally acclaimed pianist, often performed for their guests in the large, round music room.

“I’ve been brought to tears multiple times when I’ve heard him perform in that intimate setting,” said Cyd Hamer, a friend who is an agent with William Pitt Sotheby’s International Realty. “Even the people who were attending — it was like, ‘Whoa, this is an unbelievable gathering.’”

About a year ago, Ms. Esposito and Mr. Chiu decided it was time to downsize from their 2.6-acre Westport property. The salons had become less frequent during Covid, as the couple began curating events with larger venues. “Now there are a lot of organizations bringing together the arts, so we don’t need to maintain a separate venue,” said Ms. Esposito, 63, a corporate innovations consultant and an artist. Mr. Chiu, 58, also spends about a week every month in Pittsburgh, where he is a professor of piano at Carnegie Mellon University.

They wanted a smaller home, but one with enough space to accommodate a grand piano. Their preference was to live on or near water, which meant they would have to leave Westport, where waterfront housing prices soared into the millions during the pandemic. Their budget was about $1 million.

[Did you recently buy or rent a home? We want to hear from you. Email: thehunt@nytimes.com]

The couple started looking in Milford, Conn., a coastal community about 30 minutes northeast on Interstate 95.

“We spent a lot of time looking at and bidding on houses that were right on or near the water,” Ms. Esposito said. But they were always outbid.

“I’m glad,” she said, “because we decided that it was just too far from everything we were doing, and from our contacts and our friends.”

So they called Ms. Hamer and asked her to help them find something south of Westport, in the neighboring city of Norwalk. They wanted to widen their search to include condos, and considered the possibility of buying a place to rent out and having it as a fallback. As they looked, they realized they could potentially reduce their budget to less than $700,000.

Aside from being near the water and having room for a piano, they wanted a place they could age comfortably in, with as few stairs as possible. But could a smaller place check all their boxes? They were going to get as close as they could.

“We are looking at this long term,” Ms. Esposito said. “We don’t really want to move again.”

Among their options:

No. 1

Condo on Norwalk Harbor

Jane Beiles for The New York Times

This 1,450-square-foot waterfront condo, with two bedrooms and two bathrooms, was in East Norwalk. The fourth-floor unit faced Norwalk Harbor, on Long Island Sound. The kitchen was nicely updated and open to the living room, which had floor-to-ceiling sliders that opened onto a balcony. It was a walk-up, and the piano would have to be squeezed in. The asking price was $569,000, with monthly homeowner fees of $507.

No. 2

Riverfront Condo With Potential

Jane Beiles for The New York Times

Also in East Norwalk, this 1,040-square-foot condo had two bedrooms, two bathrooms and a tiled balcony looking across the Norwalk River to Oyster Shell Park. The galley kitchen had granite counters, and the main bedroom had two big windows facing the water. Ms. Esposito thought, at the very least, it could be a good investment as a rental property, although it was also too small for a piano. The list price was $395,000, with monthly homeowner fees of $478.

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No. 3

Remodeled Three-Bedroom Penthouse

Jane Beiles for The New York Times

This 2,395-square-foot penthouse condo in South Norwalk, with three bedrooms and three bathrooms, would be a splurge. Part of a 61-unit complex, it was walled with windows and had a large terrace overlooking the Norwalk River, and Long Island Sound beyond. The open living area had a high-end kitchen and a two-sided gas fireplace. The asking price was $1.2 million, with monthly homeowner fees of $1,175.

Find out what happened next by answering these two questions:

Which Would You Choose?

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Condo on Norwalk Harbor

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Riverfront Condo With Potential

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Remodeled Three-Bedroom Penthouse

Which Did They Buy?

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Condo on Norwalk Harbor

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Riverfront Condo With Potential

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Remodeled Three-Bedroom Penthouse