Colonial Point Condos for Sale

Colonial Point is a small condominium complex with just 11 units, which means availability is genuinely limited. Turnover has been steady but infrequent, averaging roughly one sale per year based on MLS history. When a unit at Colonial Point comes to market, it tends to move. Buyers who wait for the listing to appear publicly often find themselves behind buyers who were already watching the building. If you are tracking Colonial Point specifically, the right move is to get ahead of the market rather than react to it. Contact The Engel Team directly to monitor for off-market activity and new listings as they become available. You can also browse current Stamford CT condos to see what else is active in the market while you wait.

Recently Sold at Colonial Point

Eight verified MLS sales have recorded at Colonial Point. Closed prices ranged from $530,000 to $731,250, with a median sale price of $631,000. Unit sizes ranged from 2,398 to 3,008 square feet, and the median price per square foot came in at approximately $233/SF. That price-per-foot figure reflects the townhouse format and the 1998 construction vintage, both of which tend to price below newer mid-rise product in Stamford proper.

Unit	Date	Price	Bed/Bath	SqFt	HOA/mo	Tax/yr
11	06/29/2022	$675,000	3/4	2,774	$275	$10,559
7	12/01/2021	$731,250	3/4	2,398	$275	$9,922
10	07/01/2021	$625,000	3/3	2,773	$275	$9,539
1	05/05/2021	$620,000	3/4	2,398	$275	$9,705
8	03/03/2021	$725,000	3/4	3,008	$275	$9,907
5	08/11/2020	$545,000	4/4	2,481	$275	$8,861
3	05/13/2019	$637,000	3/4	2,898	$275	$9,081
4	06/26/2015	$530,000	3/4	2,481		$7,910

The cluster of sales from 2020 to 2022 is useful context. Three units sold between March and July 2021 alone, ranging from $620,000 to $725,000, which suggests competitive demand during that window. The most recent recorded sale, Unit 11 in June 2022, closed at $675,000 for 2,774 square feet. With only 11 units total, each sale carries significant weight as a comparable. Buyers and sellers at Colonial Point should not treat any single sale as a reliable standalone benchmark without adjusting for unit size, floor position, and interior condition.

About Colonial Point

Colonial Point sits at 168 Colonial Road in Stamford, CT, a location that puts residents within reach of both I-95 and the Merritt Parkway, and approximately 50 minutes from Manhattan by car. The complex was built in 1998 and contains just 11 condominium units arranged in a townhouse format. The scale of the community is part of its appeal. With fewer than a dozen homes, the environment is quieter and more cohesive than larger developments in Stamford. The building style is closer to single-family detached living than to a traditional condominium tower or garden-style complex, which draws buyers who want reduced exterior maintenance without giving up the sense of a private home. Waterfront Park and Beach is about 10 minutes away, and the area also connects residents to beaches, a wildlife sanctuary, and boating amenities in the broader Stamford waterfront corridor. The Stamford train station provides Metro-North access for commuters. Colonial Point is consistently described by residents as a welcoming community, and its small size supports that reputation.

Homes and Layouts at Colonial Point

Units at Colonial Point are townhouse-style condominiums with three and four bedrooms. Square footage across recorded sales ranged from 2,398 to 3,008 square feet, which is substantially larger than most condominium product in Stamford at this price point. The layout follows a vertical townhouse format, meaning buyers get multiple floors rather than a single-level flat. Most units in the MLS record carry three or four full bathrooms. Garage parking is included with the units. Outdoor space details vary by unit and should be confirmed during the due diligence process. The combination of square footage, garage access, and townhouse entry gives Colonial Point a profile that competes more directly with attached single-family homes than with typical condominium inventory in the city. Buyers looking for three-bedroom condominium space in Stamford will find that Colonial Point’s size range is difficult to match at a comparable price per square foot.

What Buyers Need to Know

The HOA fee at Colonial Point is $275 per month. For a complex of this size and building type, that figure is relatively modest. Buyers should request the current reserve fund study and confirm whether the association carries adequate reserves for roof, exterior, and common area maintenance. Small associations with 11 units are more vulnerable to special assessments than larger complexes, because the cost of any significant repair is divided among fewer owners. Ask for the history of special assessments going back at least five years before committing.

Property taxes on recorded sales ranged from $7,910 to $10,559 annually, with the most recent sales carrying taxes in the $9,500 to $10,600 range. Buyers should verify the current assessment directly with the City of Stamford assessor’s office, as assessed values are subject to revaluation cycles.

Rental rules, pet policies, and owner-occupancy ratios are not publicly documented in the MLS data for Colonial Point. These details matter for financing and for buyers considering renting the unit in the future. Request the current association bylaws and any rental restriction language before signing a purchase contract.

Because Colonial Point is close to Stamford’s waterfront corridor, buyers should verify whether any units fall within a FEMA flood zone and confirm the insurance structure for both the building envelope and individual unit interiors. Master policy coverage and HO-6 requirements vary by association. Confirm what the master policy covers and what each owner is responsible for insuring independently.

Renovation variation between units is a real factor at Colonial Point. With eight recorded sales over more than a decade, interior finishes across the 11 units are almost certainly at different stages of update. A 2015 sale and a 2022 sale in the same building are unlikely to reflect the same kitchen or bathroom conditions. Do not use a prior sale as a substitute for a thorough walkthrough and inspection of the specific unit you are considering.

Resale value at Colonial Point has held relatively stable in the $620,000 to $731,250 range for the past several years. The resale package, including association financials, bylaws, meeting minutes, and reserve disclosures, is required under Connecticut law and must be provided to buyers before the end of the inspection contingency period. Review it carefully. Any pending litigation, deferred maintenance, or reserve shortfall will appear there.

Buying or Selling at Colonial Point

With only 11 units and a sale rate of roughly one transaction per year, pricing a Colonial Point unit correctly is not a simple exercise. The comp pool is thin, interior conditions vary significantly between units, and the most recent recorded sale is now a few years old. Sellers who overprice relative to updated comparables risk sitting on a unit that should move quickly. Buyers who do not understand the nuances of the comp set risk overpaying or missing the window entirely.

The Engel Team works the Stamford CT real estate market directly and tracks small associations like Colonial Point where off-market awareness matters. If you are considering selling a unit at Colonial Point, we can provide a current valuation based on verified MLS data, unit-specific condition, and real buyer demand. If you are a buyer watching this building, we can alert you before a unit hits the public market.

Reach out to The Engel Team to discuss Colonial Point specifically. This is not a building where generic market averages tell the full story.

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