Casagmo Condos in Ridgefield, CT

Address: 98 Olcott Way, Ridgefield, CT

Total Units: 325

Year Built: 1967–1970

Bedrooms: Studio, 1-bedroom, 2-bedroom

Median Sale Price: $383,000

HOA Fee: From $368/month

Property Tax: From $3,075/year

Casagmo Condos for Sale

Casagmo is one of the largest condominium communities in Ridgefield, CT, and availability here moves. With 325 units and a consistent record of MLS activity, there is usually something on the market, but the spread between a standard 1-bedroom and a renovated 2-bedroom with extra bathrooms is wide enough that buyers waiting for a specific configuration can sit on the sidelines for months. If you are looking for a particular unit type, the right approach is to monitor the building specifically, not Ridgefield condos generally. The Engel Team tracks Ridgefield CT condos including Casagmo and can alert you when a unit matching your criteria hits the market or surfaces off-market. Contact us directly rather than waiting on a general search.

Recently Sold at Casagmo

MLS records show 173 closed sales at Casagmo across the full sales history, with closed prices ranging from $18,000 to $510,000 and a median sale price of $229,000 across that full range. The most recent sales tell a different story. In 2025 and into 2026, 1-bedroom units at 920 square feet have been closing between $255,000 and $380,000. Two-bedroom units, which run from roughly 1,148 to 1,435 square feet depending on configuration, have been closing between $285,000 and $510,000. Median price per square foot across the building’s history sits at approximately $190/SF, but recent transactions are running higher on renovated units.

The most recent sales include:

UnitDatePriceBed/BathSqFtHOA/moTax/yr
9804/16/2026$255,0001/1920$377$3,075
5503/20/2026$380,0001/1920$377$3,075
7503/18/2026$285,0001/1920$377$3,075
10501/23/2026$450,0002/21,394$430$3,955
5212/18/2025$316,0001/1920$377$3,075
912/12/2025$420,0002/11,148$468$4,335
2011/25/2025$440,0002/21,435$600$4,847
1708/25/2025$510,0002/31,400$673$5,944
8006/09/2025$345,0001/1920$370$2,959
802/24/2025$400,0002/11,148$479$3,665

The $125,000 spread between the three 1-bedroom closings in early 2026 alone, units 98, 55, and 75, all at 920 square feet and similar HOA fees, is a direct reflection of renovation condition. Buyers treating Casagmo as a commodity purchase will overpay on updated units if they are not pricing renovation value correctly. That gap is where negotiating leverage lives.

About Casagmo

Casagmo is a garden-style condominium community at 98 Olcott Way in Ridgefield, built between 1967 and 1970. At 325 units, it is among the larger residential communities in Ridgefield CT real estate, which trends heavily toward single-family homes on large lots. The complex sits in a setting that gives it a park-like feel, with shared green space, a pool, basketball courts, a health club, a clubhouse, and access to Beach Park. That combination of amenities on a single property is not typical for a condo development of this era in Ridgefield. The building style is ranch, and the community layout reflects the campus-style design common to late-1960s condominium construction in Connecticut.

Homes and Layouts at Casagmo

Casagmo offers studio, 1-bedroom, and 2-bedroom configurations. Standard 1-bedroom units run 920 square feet, which shows up consistently across MLS records. Two-bedroom units vary more: the 1-bedroom-plus layout comes in at approximately 1,148 square feet, while larger 2-bedroom floor plans with additional bathrooms range from 1,376 to 1,500 square feet or more depending on the specific unit. Some larger configurations have reached 1,833 to 2,088 square feet in prior sales, which suggests certain units have been combined or contain substantially different layouts. Smaller studio-adjacent units at approximately 572 square feet have also traded. The ranch-style building structure means most units are single-level flats rather than stacked townhouse layouts, which appeals to buyers who prioritize accessibility and single-floor living. Parking is available within the community. Outdoor space varies by unit, and buyers should confirm whether a specific unit includes a patio or assigned exterior area.

What Buyers Need to Know

HOA fees at Casagmo currently run from $368 to $673 per month depending on unit size and configuration, based on verified MLS data. Property taxes range from approximately $2,959 to $5,944 annually, again tracking unit size. These are not estimates; they come directly from recent closed transactions. The variance matters: a 2-bedroom unit with three baths and 1,400 square feet carries an HOA fee nearly double that of a standard 1-bedroom, so total monthly cost calculations should use the specific unit’s fee, not a building average.

Casagmo was built in 1967–1970, which means buyers should scrutinize the reserve fund carefully before committing. Buildings of this age and scale regularly face capital expenditures for roofing, HVAC systems, plumbing infrastructure, and common area improvements. Ask for the most recent reserve study and confirm whether any special assessments have been levied or are currently anticipated. An underfunded reserve in a 325-unit complex is a real exposure. Get the full financial disclosure package before waiving contingencies.

Renovation variation across units is significant. The $125,000 price gap between two same-size 1-bedrooms that closed within a month of each other in early 2026 is direct evidence of that. Buyers should request a list of what was updated, when, and by whom. Permitted work versus unpermitted cosmetic work affects both livability and resale value. On resale, buyers who overpay for renovation in a building where comparable unimproved units are available at a $100,000+ discount will face compression at exit. Pricing resale correctly at Casagmo requires a unit-by-unit comparison, not a building-wide average.

Rental rules, pet policy, and owner-occupancy ratios should all be confirmed directly with the association before making an offer. A high percentage of renter-occupied units can affect financing terms for buyers using conventional loans, and the ratio matters for FHA eligibility as well. Buyers should also confirm whether the association maintains a resale package and what the transfer fee structure looks like at closing.

Buying or Selling at Casagmo

For buyers, Casagmo offers a real entry point into Ridgefield homes for sale at prices well below the town’s single-family median of approximately $1,038,500 as of early 2026. That gap is the case for the complex. For sellers, pricing accurately requires understanding where your specific unit sits in the renovation spectrum. A standard 920-square-foot 1-bedroom in original condition and one with a full kitchen and bath renovation are not the same product, even at the same address. Listing at the wrong price in either direction costs money.

The Engel Team handles both buyer and seller representation at Casagmo and across Ridgefield. We track unit-level sales history, monitor off-market activity, and know which configurations are genuinely scarce versus which ones trade regularly. If you are a seller, we will give you a precise valuation based on actual recent closes, not a building average. If you are a buyer, we will make sure you are not paying renovation premium for work that does not hold its value at resale. Contact us to discuss current availability or to schedule a valuation on your unit.

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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