Ardsley Square Condos in New Canaan, CT

Opening Overview

Five recorded sales at Ardsley Square have closed between $1,775,000 and $2,250,000, with a median sale price of $1,950,000 and a median price per square foot of approximately $429. That puts this six-unit condominium complex squarely in the upper tier of New Canaan CT condos, and well within reach of the town’s broader median, which currently sits at $2,080,000 across all property types. For buyers who want three-bedroom square footage in the 3,700 to 5,200 range without the maintenance burden of a single-family home, Ardsley Square is one of the more serious options the market has produced in this zip code.

Ardsley Square Condos for Sale

With only six units in the building, turnover at Ardsley Square is infrequent by definition. The MLS shows five sales over roughly three years, which is a relatively active cycle for a complex this size, but it does not mean inventory is predictable. Availability can shift quickly, and units here do not sit. Buyers waiting for the right unit to appear publicly before engaging are often a step behind. Contact The Engel Team directly to monitor availability, including any units being considered off-market before a formal listing.

Recently Sold at Ardsley Square

The MLS records five sales at Ardsley Square. Here is the verified data:

Unit Date Price Bed/Bath SqFt HOA/mo Tax/yr
12 10/09/2024 $2,250,000 3/5 3,716 $925 $20,400
6 06/27/2024 $2,195,000 3/5 5,116 $916 $20,400
03/18/2022 $1,950,000 3/5 5,116 $19,560
04/28/2021 $1,775,000 3/5 3,716 $19,560
04/28/2021 $1,775,000 3/5 5,216 $643 $19,526

The two 2024 closings, at $2,250,000 and $2,195,000, confirm meaningful appreciation since the 2021 sales at $1,775,000. The smaller units, in the 3,716-square-foot range, have traded at a higher price per square foot than the larger ones, which is typical when finishes and condition vary between units. The April 2021 simultaneous closings at the same price point, across different square-footage configurations, likely reflect original developer or early-resale pricing. Buyers evaluating current value should weight the 2024 sales heavily and verify current property tax assessments, since the figures above reflect a range of assessment periods.

About Ardsley Square

Ardsley Square is a six-unit condominium complex at 12 Maple Street in New Canaan, built in 2006. The building sits in a walkable section of town, close to the commercial core but residential in character. At six units, this is not a large-scale development. It reads more like a small, purpose-built community of full-size homes that happen to share a structure and an association. That scale is part of the appeal. Decisions move faster, neighbor relationships are direct, and the association overhead is simpler than in a 40-unit building. For buyers who want New Canaan address and square footage without a sprawling complex, the size of Ardsley Square is a feature, not a limitation.

Homes and Layouts at Ardsley Square

Every unit at Ardsley Square is a three-bedroom condominium with five bathrooms. That is consistent across all five MLS sales on record. Square footage ranges from 3,716 to 5,216 square feet, which means the larger units are delivering floor plans that compete directly with mid-size single-family homes in the New Canaan market. The building style is listed as other, meaning it does not fit cleanly into the standard townhouse or flat categories. Buyers should visit in person to understand the specific entry configuration, vertical layout, and parking arrangement for the unit they are considering. Outdoor space, storage, and garage access can vary unit to unit in a building of this type and construction era.

What Buyers Need to Know

The current HOA fee is $916 per month, confirmed by recent MLS data. One 2024 sale recorded $925 per month, so minor variation exists between units or assessment periods. At roughly $11,000 per year, the fee is consistent with what buyers should expect at this price point for a well-maintained six-unit building. Property taxes have run between $19,526 and $20,400 annually based on recorded sales, with the higher figures appearing in the 2024 closings.

Because Ardsley Square has only six units, reserve fund health deserves close attention during due diligence. A smaller association has fewer owners contributing to reserves, which means a single deferred repair, such as a roof replacement or shared system upgrade, can translate into a meaningful special assessment for each unit owner. Request the most recent reserve study, the association’s current bank balance, and any meeting minutes from the past two years before making an offer. These documents will tell you more about the building’s financial condition than the listing sheet will.

Buyers should also confirm the owner-occupancy ratio, rental restrictions, and the association’s pet policy directly with the management company or association board. At six units, informal policies sometimes operate alongside formal rules. Get them in writing. If you are financing the purchase, your lender will require the condominium to meet Fannie Mae or Freddie Mac warrantability standards, and small associations can sometimes present complications in that review. Verify warrantability status early in the process, not the week before closing.

Renovation variation is worth examining at Ardsley Square. Units built in 2006 that have not been updated will look different from units that have seen kitchen or bath work in the past five years. The price spread in the sales data, from $1,775,000 to $2,250,000 across comparable bedroom and bath counts, partly reflects condition and finish level. Do not assume unit 12, which closed at $2,250,000 in October 2024, reflects the condition you will find in every unit. Ask for renovation history and verify what is original versus updated before negotiating price.

Buying or Selling at Ardsley Square

If you are buying at Ardsley Square, the limited unit count means you are not shopping a liquid market. When a unit comes available here, the window is short. The Engel Team tracks New Canaan homes for sale across the full MLS and maintains relationships that surface off-market opportunities before they are listed publicly. If a specific unit type or floor plan is your target, the right move is to be registered and ready before the unit hits the open market.

If you are selling at Ardsley Square, the 2024 sales data gives you a credible pricing anchor. Both 2024 closings came in above $2,195,000, which represents a meaningful step above the 2022 and 2021 comps. Pricing strategy in a six-unit building requires precision. There are no identical units with dozens of recent comps to average out. One well-positioned sale or one mismanaged listing sets the tone for every unit that follows. The Engel Team provides a full valuation analysis specific to your unit’s square footage, finish level, and market timing before any listing decision is made.

Reach out to The Engel Team directly to discuss current availability, off-market activity, or a valuation of your unit at Ardsley Square.

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Ardsley Square Condos in New Canaan, CT

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© 2025 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. Fair Housing Logo