Georgetown Place Redding CT
Georgetown Place Condos for Sale
Georgetown Place is a small condominium community with only 23 units, which means availability is genuinely limited. The complex does not turn over frequently. When a unit does come to market, it typically attracts buyers quickly, particularly at this price point relative to the broader Redding market. If you are tracking Redding CT condos, Georgetown Place represents one of the few smaller, well-established options in town. Active listings change faster than any static page can reflect. Contact The Engel Team directly for current availability and any off-market units that have not yet reached the MLS.
Recently Sold at Georgetown Place
MLS data shows 15 recorded sales at Georgetown Place. Closed prices ranged from $221,000 to $396,000, with a median sale price of $270,000 across all recorded transactions. Unit sizes ran from 960 to 1,920 square feet. The median price per square foot across sales was approximately $221/SF.
The most recent sale on record is Unit 18, which closed April 29, 2025 at $368,000 for a 1-bed, 1-bath unit at 969 square feet, reflecting a price per square foot above $379 — notably higher than the long-run median. Prior to that, Unit 9 closed at $396,000 in May 2024 (1 bed, 2 bath, 1,712 SF), and Unit 7 closed at $385,000 in April 2024 (1 bed, 2 bath, 1,243 SF). These 2024 and 2025 closings represent a clear upward shift from the 2019 and 2020 sales, which clustered between $247,500 and $275,000.
Two-bedroom units at the complex have sold as high as $308,000 (Unit 12, July 2017, 1,301 SF) and as low as $221,000 (Unit 13, January 2016, 960 SF). The price trajectory over the 15 recorded sales is upward but uneven, which is typical for a 23-unit condominium with thin annual turnover.
| Unit | Date | Price | Bed/Bath | SqFt | HOA/mo | Tax/yr |
|---|---|---|---|---|---|---|
| 18 | 04/29/2025 | $368,000 | 1/1 | 969 | $285 | $5,440 |
| 17 | 06/10/2024 | $375,000 | 1/2 | 1,306 | $255 | $7,169 |
| 9 | 05/24/2024 | $396,000 | 1/2 | 1,712 | $281 | $6,302 |
| 7 | 04/12/2024 | $385,000 | 1/2 | 1,243 | $255 | $6,419 |
| 7 | 04/20/2023 | $329,900 | 1/2 | 1,243 | $255 | $6,071 |
| 20 | 12/30/2020 | $265,000 | 1/2 | 1,224 | $240 | $3,609 |
| 7 | 12/07/2020 | $250,000 | 1/2 | 1,243 | $240 | $5,980 |
| 16 | 06/18/2020 | $247,500 | 1/1 | 1,306 | $230 | $5,832 |
| 6 | 04/24/2020 | $255,000 | 1/2 | 1,712 | $240 | $5,474 |
| 8 | 07/01/2019 | $270,000 | 2/2 | 1,224 | $240 | $5,992 |
| 22 | 06/30/2019 | $275,000 | 2/1 | 1,376 | $240 | $5,789 |
| 12 | 07/14/2017 | $308,000 | 2/2 | 1,301 | $4,181 | |
| 19 | 07/10/2017 | $222,000 | 1/1 | 1,920 | $3,512 | |
| 12 | 04/22/2016 | $260,000 | 2/2 | 1,301 | $4,134 | |
| 13 | 01/14/2016 | $221,000 | 1/1 | 960 | $3,463 |
About Georgetown Place
Georgetown Place is a 23-unit condominium community at 56 Portland Avenue in Redding, CT, situated in the Georgetown section of town. Construction spanned from 1988 to 2002, which means individual units can vary significantly depending on when they were built and how they have been maintained in the years since. The complex sits in a location that gives it a practical advantage uncommon in Redding: proximity to the Georgetown train station, making it one of the few condominium options in town with a workable commute corridor. For a town defined largely by wooded acreage and privacy-first single-family homes, Georgetown Place occupies a distinct niche. It is built to a ranch style and operates as a townhouse-style community, which separates it from the flat-floor mid-rise format common in higher-density towns. The Georgetown village node is small, but the location provides easier access to services and transit than most of the surrounding residential landscape.
Homes and Layouts at Georgetown Place
Georgetown Place offers 1-bedroom and 2-bedroom units built in a ranch style with townhouse-format construction. Square footage across recorded MLS sales ran from 960 to 1,920 square feet, giving the complex a meaningful range depending on which unit type becomes available. The smallest recorded unit sold was 960 SF (1 bed, 1 bath). The largest was 1,920 SF (also 1 bed, 1 bath, Unit 19), which suggests that bedroom count does not always predict layout size here. One-bedroom units with two full baths also appear in the sales history, which indicates some units were configured with a guest bath or second full bath rather than a strict one-bath layout. Buyers should request floor plans from the association or the listing broker for any specific unit rather than relying on bedroom count alone to size the space. Townhouse-style construction typically means a vertical layout with private entry, which provides more separation from neighbors than a flat-stack condominium. Outdoor space, parking, and storage configuration should be confirmed unit by unit.
What Buyers Need to Know
HOA fees in recent sales ranged from $230 to $285 per month. The variation reflects both the time period of the sale and potentially the specific unit, so buyers should confirm the current monthly fee directly with the association for any unit under consideration. Property taxes across verified sales ranged from $3,463 to $7,169 per year, with more recent closings trending toward the higher end of that range. Confirm the current mill rate and assessed value with the Redding assessor’s office before finalizing any offer.
Because the complex was built between 1988 and 2002, reserve fund health is an important due diligence item. Request the most recent reserve study, the current reserve fund balance, and the association’s history of special assessments. Buildings in this age range often face capital expenditure cycles for roofing, siding, mechanical systems, and paving. Understanding whether those projects have been completed or are pending will directly affect the risk profile of any purchase.
Renovation variation between units is significant. With construction spanning 14 years and individual owners making independent updates over time, two units of the same size can be in very different condition. A thorough inspection and a careful review of what has and has not been updated is worth the time. Ask specifically about HVAC systems, water heaters, windows, and flooring, all of which vary by unit at complexes with this build history.
For resale, Georgetown Place occupies a relatively small and specific market segment within Redding CT real estate. The town’s median sale price across all property types was approximately $940,000 as of March 2026. Georgetown Place units priced in the $370,000 to $396,000 range represent a fraction of that, which positions them for a narrower buyer pool. Resale value will depend heavily on unit condition, HOA health, and whether the buyer pool for commuter-adjacent condominiums in Redding remains active. Buyers interested in long-term resale potential should treat condition and reserve status as primary value drivers.
Rental restrictions, pet policy, owner-occupancy ratio, and the association’s resale package requirements should all be requested and reviewed before making an offer. These details are not publicly available and must come directly from the association. Lender approval for the complex, particularly for FHA or VA financing, should also be confirmed early in the process, as smaller complexes sometimes carry restrictions that affect financing options.
Buying or Selling at Georgetown Place
Georgetown Place is a thin market. With only 23 units and an average of roughly one sale per year in recent years, pricing any unit accurately requires understanding the full sales history of the complex, not just the last one or two closings. The 2024 and 2025 sales represent a meaningful price increase over the 2019 and 2020 comps, but the data set is small and unit condition varies. That combination makes both buyer and seller strategy more nuanced than in a larger complex.
If you are buying, The Engel Team tracks Redding CT homes for sale and condominium inventory across the town. We can monitor Georgetown Place for new listings before they are widely marketed and advise on offer strategy relative to the verified sales history. If you are selling, we provide a current valuation grounded in the actual MLS record for this specific building, not a generic town average. Contact The Engel Team to discuss your unit and next steps.
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