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Sold for $585,000
  • $585,000

    318 Mountain Road, Ridgefield, CT 06877

    2beds
    1,475sqft
    Single Family Residence
    Built in 1940
    7,840 Square Feet Lot
    $585,100 Zestimate®
    $397/sqft
    $3,503 Estimated rent

    Home value

    $585,100

    $532,000 - $644,000

    $3,503/mo

    Zestimate® history
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    What's special

    Striking stone fireplaceSeasonal lake viewsCenter islandStylishly renovated bathroomQuartz countertopsThoughtfully renovatedMove-in ready
    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.

    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

    Bought with:

    Kateryna Ulerio, RES.0816433

    Houlihan Lawrence

    Source: Smart MLS,MLS#: 24172905MLS Logo

    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: $397/sqft
    • Tax assessed value: $235,480
    • Annual tax amount: $6,450
    • Date on market: 5/5/2026

    Price history

    DateEventPrice
    8/18/2026Sold$585,000-0.3%$397/sqft
    Source: Smart MLS #24172905 Report a problem
    6/23/2026Pending sale$587,000$398/sqft
    Source: Smart MLS #24172905 Report a problem
    5/5/2026Listed for sale$587,000+27.6%$398/sqft
    Source: Smart MLS #24172905 Report a problem
    2/7/2025Sold$460,000+2.4%$312/sqft
    Source: Smart MLS #24066383 Report a problem
    2/6/2025Pending sale$449,000$304/sqft
    Source: Smart MLS #24066383 Report a problem
    1/3/2025Listed for sale$449,000+149.4%$304/sqft
    Source: Smart MLS #24066383 Report a problem
    1/7/2020Listing removed$1,850$1/sqft
    Source: Coldwell Banker Residential Brokerage #170246594 Report a problem
    11/21/2019Price change$1,850-5.1%$1/sqft
    Source: Coldwell Banker Residential Brokerage - Ridgefield Office #170246594 Report a problem
    10/23/2019Listed for rent$1,950+30%$1/sqft
    Source: Coldwell Banker Residential Brokerage - Ridgefield Office #170246594 Report a problem
    1/2/2012Listing removed$1,500$1/sqft
    Source: William Raveis Real Estate Inc. #98511081 Report a problem
    12/14/2011Price change$1,500-6.3%$1/sqft
    Source: William Raveis Real Estate #98511081 Report a problem
    10/10/2011Listed for rent$1,600$1/sqft
    Source: William Raveis Real Estate #98511081 Report a problem
    7/2/2009Sold$180,000$122/sqft
    Source: Smart MLS #98422290 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: Lake West

    Nearby schools

    GreatSchools rating
    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.

    Sell for more on Zillow
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    $585,100
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    +$11,702
    With Zillow Showcase(estimated)
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