See Home Value
Fairfield 06877
318 Mountain Road
Listing Courtesy of: Heather Lindgren, Coldwell Banker Realty, (646) 932-4075
$585,000
● House - Off Market

318 Mountain Road

Ridgefield, CT 06877
bedrooms
2 Beds
bathrooms
1 Bath
$3,420
Est. Monthly

About This Property

Looking for an affordable single-family home in Ridgefield? 318 Mountain Road offers a rare opportunity to own at Rainbow Lake, one of Connecticut's most sought-after communities at an attractive price point. Thoughtfully renovated, move-in ready, with an open-concept living, dining, and kitchen area anchored by a striking stone fireplace and filled with natural light from oversized picture windows offering seasonal lake views. The renovated kitchen features a center island, modern finishes, new appliances and quartz countertops with a seamless flow for everyday living and entertaining. Additional updates include new hardwood flooring, fresh interior paint, a stylishly renovated bathroom, newly installed central air conditioning (2025), a new forced hot air heating system, and a new water heater. The primary bedroom opens to a private deck overlooking the peaceful property, while both bedrooms enjoy abundant natural light. The newly finished lower level adds valuable flexible living space ideal for recreation, work-from-home needs, hobbies, or guests. Rainbow Lake rights provide access to swimming, kayaking, fishing, and nearby trails. Whether you're seeking a full-time residence, weekend retreat, or a low-maintenance lifestyle this updated home offers a rare combination of comfort, style, and access to nature. The hard work has already been been done, creating a seamless transition for its next owner. Simply unpack and start enjoying this special home and community.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1940

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Last updated: 3 months ago (Smart MLS #24172905)

Price History

Date / Event Date Event Price
Aug 18, 2026 Sold
Sold
Jun 24, 2026 In contract -
In contract
May 5, 2026 Listed by Coldwell Banker Realty $587,000
Listed by Coldwell Banker Realty
Feb 7, 2025 Sold
Sold
Jan 16, 2025 In contract -
In contract
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 930
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 930
  • Building Area: 930
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 930
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ridgefield School District
  • School Tax School District: RIDGEFIELD SD
  • Census Tract: 245200

Zoning

  • Zoning: RA

Geography

  • Account Number: E060031
  • Parcel: RIDG M:E06 B:0031
  • Block: 31
  • Municipality: RIDGEFIELD
  • Latitude: 41.341
  • Longitude: -73.5

    Address

  • Full Address: 318 Mountain Rd
  • Address - House Number: 318
  • Address - Street Name: Mountain
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: R025
  • 4-Digit Zip Code: 1625
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $607,800

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 70
  • Final Value: 375,241
  • High Value: 456,783
  • Low Value: 293,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,480
  • Assessed Land Value: $182,000
  • Assessed Improvements Value: $53,480

    Sales

  • Current Sale Recording Date: Jul 08, 2009
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fairfield


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 633 Danbury Road, Ridgefield, CT, 06877

$3,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,460 ft²
633 Danbury Road #18, Ridgefield, CT, 06877 Listing by Dee Ceylan


Frequently Asked Questions

When was property at 318 Mountain Road built and last sold?
The property at 318 Mountain Road was built in 1940 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 318 Mountain Road is $592,870.
What are some comparable homes to 318 Mountain Road?
There are currently no comparable homes to 318 Mountain Road.