After purchasing land from the local natives, the first settlers established themselves around South Salem. The town was formed as "Salem" in 1747. By 1790 the town assumed its current dimensions as lands were removed for other towns. The name changed to South Salem in 1806. John Lewis, a financier, requested that the town be given his name and established a fund for the town, though he did not follow through on his promise of a railroad link. Lewisboro is noted for its elaborate gardens, most notable in its public traffic triangles. Dry-stone walls and elegant Colonial mansions are other dominant features.