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. Room Measurements are approximate.
For sale
$587,000
318 Mountain Road, Ridgefield, CT 06877
2beds
1,475sqft
Single Family Residence
Built in 1940
7,840 Square Feet Lot
$-- Zestimate®
$398/sqft
$-- HOA
What's special
Striking stone fireplaceSeasonal lake viewsCenter islandStylishly renovated bathroomQuartz countertopsThoughtfully renovatedMove-in ready
- 40 days |
- 2,093 |
- 122 |
Zillow last checked:
Listing updated:
Listed by:
Heather Lindgren (646)932-4075,
Coldwell Banker Realty 203-438-9000,
Debbie Gore 203-417-5692,
Coldwell Banker Realty
Source: Smart MLS,MLS#: 24172905
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Balcony/Deck, Sliders, Hardwood Floor
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Bedroom
- Features: Hardwood Floor
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Kitchen
- Features: Remodeled, Bay/Bow Window, Quartz Counters, Kitchen Island, Hardwood Floor
- Level: Main
- Area: 532 Square Feet
- Dimensions: 19 x 28
Living room
- Features: Bay/Bow Window, Fireplace, Hardwood Floor
- Level: Main
- Area: 600 Square Feet
- Dimensions: 20 x 30
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Oven/Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer, Water Heater
- Laundry: Lower Level
Features
- Basement: Partial,Heated,Garage Access,Partially Finished,Walk-Out Access,Liveable Space
- Attic: Storage,Pull Down Stairs
- Number of fireplaces: 1
Interior area
- Total structure area: 1,475
- Total interior livable area: 1,475 sqft
- Finished area above ground: 930
- Finished area below ground: 545
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 1
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Walk to Water, Association Optional
Lot
- Size: 7,840 Square Feet
- Features: Few Trees, Cleared
Details
- Parcel number: 276807
- Zoning: RA
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: Lake, Library, Park, Public Rec Facilities
HOA
- Has HOA: No
Location
- Region: Ridgefield
Financial & listing details
- Price per square foot: $398/sqft
- Tax assessed value: $235,480
- Annual tax amount: $6,450
- Date on market: 5/5/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $587,000+27.6%$398/sqft |
Source:  Smart MLS #24172905 Report a problem | ||
| 2/7/2025 | Sold | $460,000+2.4%$312/sqft |
Source: Smart MLS #24066383 Report a problem | ||
| 2/6/2025 | Pending sale | $449,000$304/sqft |
Source: Smart MLS #24066383 Report a problem | ||
| 1/3/2025 | Listed for sale | $449,000+149.4%$304/sqft |
Source: Smart MLS #24066383 Report a problem | ||
| 1/7/2020 | Listing removed | $1,850$1/sqft |
Source: Coldwell Banker Residential Brokerage #170246594 Report a problem | ||
| 11/21/2019 | Price change | $1,850-5.1%$1/sqft |
Source: Coldwell Banker Residential Brokerage - Ridgefield Office #170246594 Report a problem | ||
| 10/23/2019 | Listed for rent | $1,950+30%$1/sqft |
Source: Coldwell Banker Residential Brokerage - Ridgefield Office #170246594 Report a problem | ||
| 1/2/2012 | Listing removed | $1,500$1/sqft |
Source: William Raveis Real Estate Inc. #98511081 Report a problem | ||
| 12/14/2011 | Price change | $1,500-6.3%$1/sqft |
Source: William Raveis Real Estate #98511081 Report a problem | ||
| 10/10/2011 | Listed for rent | $1,600$1/sqft |
Source: William Raveis Real Estate #98511081 Report a problem | ||
| 7/2/2009 | Sold | $180,000$122/sqft |
Source: Smart MLS #98422290 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,450 +3.9% | $235,480 |
| 2024 | $6,205 +2.1% | $235,480 |
| 2023 | $6,078 +17% | $235,480 +28.9% |
| 2022 | $5,196 +3.6% | $182,750 +2.8% |
| 2021 | $5,016 +0.3% | $177,820 |
| 2020 | $5,000 | $177,820 |
| 2019 | $5,000 +1.2% | $177,820 |
| 2018 | $4,940 +5.9% | $177,820 +3.7% |
| 2017 | $4,666 +1.9% | $171,470 |
| 2016 | $4,577 +2.6% | $171,470 |
| 2015 | $4,460 | $171,470 |
| 2014 | $4,460 -13% | $171,470 -31.9% |
| 2012 | $5,129 -1.2% | $251,770 |
| 2011 | $5,189 +1% | $251,770 |
| 2010 | $5,136 +2% | $251,770 |
| 2009 | $5,035 +0.4% | $251,770 |
| 2008 | $5,013 +24.4% | $251,770 +55.3% |
| 2007 | $4,031 +2.6% | $162,080 |
| 2006 | $3,927 +3.5% | $162,080 |
| 2005 | $3,793 +6.3% | $162,080 |
| 2004 | $3,569 +6% | $162,080 |
| 2003 | $3,366 +43.5% | $162,080 +76.2% |
| 2001 | $2,345 +9.6% | $92,000 0% |
| 2000 | $2,140 +8% | $92,040 |
| 1997 | $1,981 | $92,040 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Lake West
Nearby schools
GreatSchools rating
- 9/10Ridgebury Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 9/10Scotts Ridge Middle SchoolGrades: 6-8Distance: 2 mi
- 10/10Ridgefield High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- High: Ridgefield
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Connecticut
- Fairfield County
- Ridgefield
- 06877
- Lake West
- 318 Mountain Road
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Ridgefield Topics
