Colonial Hill Condos in Stamford, CT

Address: 162 Colonial Road, Stamford, CT
Total Units: 12
Year Built: 1987
Style: Townhouse condominium
Bedrooms: 3 (typical)
MLS Price Range (verified sales): $472,000 – $642,000
HOA Fee: $400/month (verified units); one recent sale recorded at $435/month
Property Tax: $8,672/year (typical; verified range: $7,748 – $9,407)

Colonial Hill Condos for Sale

Colonial Hill is a 12-unit complex, and that size alone tells you what to expect from the resale market: units do not come up often. When one does, it tends to move. There are no verified active listings at the time of this writing. Availability changes quickly at a complex this small, and waiting for a public listing to appear before reaching out is not a sound strategy here. If Colonial Hill is on your radar, contact The Engel Team’s Stamford real estate specialists directly. Off-market awareness is the advantage at a community where months can pass between listings.

Recently Sold at Colonial Hill

MLS records show 7 confirmed sales at Colonial Hill. Closed prices ranged from $472,000 to $642,000, with a median sale price of $510,000. Unit sizes across those sales ran from 2,200 to 3,575 square feet, producing a median price per square foot of approximately $209. That is a meaningful spread, and it reflects real variation in unit size and likely condition rather than market volatility.

The most recent sale, Unit 12, closed at $642,000 in July 2024 at 2,759 square feet. Unit 9 sold at $635,000 in March 2023 for 3,575 square feet, one of the largest units in the complex. Unit 3 closed at $510,000 in April 2021 at 3,025 square feet. The three older sales from 2017 and 2018 clustered between $472,000 and $519,000. The upward trajectory from 2017 through 2024 is clear, with the two most recent closings both clearing $630,000.

With only 7 sales spread across roughly seven years, comps here require careful interpretation. Price per square foot varies enough between units that buyers and sellers both benefit from a unit-specific analysis rather than a straight median comparison.

About Colonial Hill

Colonial Hill sits at 162 Colonial Road in Stamford, CT, built in 1987 as a townhouse condominium community of 12 units. The complex is small by design. Twelve homes surrounded by trees, with direct access to green space and a setting that reads more like a residential enclave than a conventional condo development. The location puts residents close to Stamford’s coastline, with Waterfront Park nearby, one of the better stretches of beach on Long Island Sound. The surrounding area includes a marina, softball fields, tennis and basketball courts, a wildlife sanctuary with walking trails, and water access through a paddle board and kayak rental facility, as well as public schooner sails from the SoundWaters Center. For a 12-unit complex built in 1987, Colonial Hill holds a genuinely distinctive position within Stamford’s condo inventory.

Homes and Layouts at Colonial Hill

Units at Colonial Hill are townhouse-style, meaning vertical layouts, private entries, and a separation from neighbors that flat-style condominiums do not offer. Verified square footage across sales runs from 2,200 to 3,575 square feet, which is a substantial range for a 12-unit community. Most units carry 3 bedrooms and 3 bathrooms; two of the seven verified sales were 2-bedroom configurations at 2,259 and 2,759 square feet respectively. Garage parking is included. The townhouse format, the wooded grounds, and the direct access to green outdoor space give Colonial Hill a profile closer to a single-family alternative than a traditional condominium. Buyers downsizing from a house in the area often find that the unit sizes here match what they actually need without the maintenance load of a standalone property.

What Buyers Need to Know

The HOA fee at Colonial Hill runs $400 per month based on verified sales data, with one recent unit recorded at $435. Before committing to any unit, buyers should request the current fee schedule directly from the association, confirm what the fee covers, and review the reserve fund study. A 12-unit complex built in 1987 is now nearly 40 years old. Building systems, roofing, common area infrastructure, and exterior components are all worth a close look. Ask for a full history of special assessments. A small association with an underfunded reserve can produce a large per-unit assessment faster than buyers expect, and there is less cushion than in a larger community to absorb that cost collectively.

Property taxes across verified sales have ranged from $7,748 to $9,407 annually. Buyers should verify the current assessed value and mill rate with the Stamford Tax Assessor rather than relying on historical tax figures from older sales records.

Colonial Hill’s proximity to Stamford’s coastline places it in territory where flood zone status and insurance requirements matter. Before closing on any unit, confirm the FEMA flood zone designation for the specific parcel, check whether the association carries flood insurance on the structure, and understand what separate coverage a unit owner would need to carry. Waterfront adjacency affects both insurance cost and resale potential over time. Strong coastal amenity access is one reason buyers pay a premium here; flood zone exposure is the due diligence item that goes with it.

Buyers should also review the association’s rental restrictions and owner-occupancy ratio before purchase. In a 12-unit complex, a high concentration of rental units can complicate financing and affect resale. Request the resale package, which should include current financials, meeting minutes, bylaws, and any pending litigation. Renovation variation between units is real at Colonial Hill given the age range of interior updates across the seven recorded sales. Buyers should walk the unit carefully and factor finish condition into any offer strategy.

Buying or Selling at Colonial Hill

Selling at Colonial Hill requires precise pricing. With only 7 recorded sales over seven years and a price-per-square-foot spread driven by unit size and condition, a listing priced off the wrong comp will either leave money on the table or sit. The Engel Team works with sellers at Colonial Hill to establish unit-specific value, not just a median-based estimate. If you are considering listing, start with a current valuation from a team that knows the granular sales history here.

For buyers, the combination of a small unit count and infrequent turnover means off-market awareness is worth more than a saved MLS search. The Engel Team monitors Stamford homes for sale across all channels, including properties that never reach public listing status. If you want to be positioned when the next Colonial Hill unit becomes available, reach out now rather than after a listing appears. Contact The Engel Team to discuss current availability, comparable pricing, and what a competitive offer looks like at this address.

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