Georgetowne North Condos in Greenwich, CT

Georgetowne North Condos for Sale

Georgetowne North is a 31-unit townhouse condominium community, and it moves slowly. That is not a knock. It is a fact that matters to buyers watching this address. With only 31 units built across a four-year window in the 1970s, turnover is infrequent by design. MLS records show 14 sales across the complex’s documented history, which works out to well under one sale per year. When a unit becomes available, buyers who are unprepared tend to lose it. If you are tracking Georgetowne North specifically, contact The Engel Team’s Greenwich real estate practice directly. We monitor off-market movement, pre-list conversations, and estate situations that never reach the open MLS. Do not wait for a Zillow alert.

Recently Sold at Georgetowne North

MLS data shows 14 verified sales at Georgetowne North. Closed prices ranged from $740,000 to $2,150,000, with a median of $1,161,300. Unit sizes spanned 2,009 to 3,072 square feet. Median price per square foot across recorded sales was approximately $439.

The pricing spread here is wide and worth understanding. Unit 5, a 3,072-square-foot three-bedroom, sold for $1,000,000 in December 2021 and returned to market less than two years later, closing at $2,150,000 in July 2023. That is a $1,150,000 gain on a single unit in 19 months, which tells you more about what renovation and timing can do at Georgetowne North than any median figure. Unit 15, a 2,898-square-foot four-bedroom, closed at $740,000 in 2018. That floor has not been available since. Buyers evaluating pricing today should treat the pre-2020 comps as historical context, not current market guidance. For a current valuation of any specific unit, reach out through our Greenwich homes for sale page or contact The Engel Team directly.

About Georgetowne North

Georgetowne North is a small, self-contained townhouse condominium community at 5 Georgetowne North in Greenwich, CT. The complex was built between 1973 and 1977, making it a product of the mid-1970s construction era, with 31 total units across a wooded, pond-and-pool setting. This is not a high-rise. It is not a converted estate. It is a purpose-built townhouse community that has held its value and identity across five decades without significant visible disruption. The scale is its defining characteristic. Thirty-one units is small enough that neighbors know each other and large enough to sustain a properly structured association. The pond and pool are on-site amenities. The setting is residential and quiet. If you are comparing this to larger Greenwich CT condo communities with hundreds of units and resort-style infrastructure, Georgetowne North is a different proposition entirely.

Homes and Layouts at Georgetowne North

Units at Georgetowne North are townhouse-style condominiums, meaning vertical living across multiple floors rather than single-level flats. The condominium unit mix includes two-, three-, and four-bedroom configurations. Square footage across verified MLS sales runs from 2,009 to 3,072 square feet, which is a meaningful range for a 31-unit complex. The smallest recorded sale, Unit 11 at 2,009 square feet, is still a substantial two-bedroom. The largest units, at 3,072 square feet, are three-bedroom configurations, which sold at both ends of the price spectrum depending on condition and timing. Four-bedroom units appear in the 2,443-to-2,898-square-foot range based on recorded sales. Bathroom counts across three-bedroom units ranged from two to four full baths, which points to renovation variation between individual units rather than a standard floor plan. Buyers should verify the specific layout, finish level, storage configuration, and outdoor space of any unit under consideration, as condition drives a significant portion of the price spread documented in MLS records.

What Buyers Need to Know

The baseline HOA fee is $622 per month, but recorded sales show fees ranging from $546 to $1,038 per month across different units. That range is wide enough to require a direct explanation from the association or seller before any offer. Buyers should request the current fee schedule, the most recent reserve study, and at least three years of association meeting minutes. A 1973-to-1977 building is now in its late forties to early fifties. At that age, major building systems, roofing, and common infrastructure may be due for replacement or may have already been replaced. The difference between a building with a fully funded reserve and one running thin matters more at resale than at purchase, because the next buyer will ask the same questions. Special assessment history is essential reading before closing on any unit here.

Property taxes on recorded sales ranged from approximately $6,814 to $8,699 per year, with most units clustered near $8,000 to $8,400. Greenwich applies a tax rate of 12.04 mills, so tax exposure is predictable once you have the assessed value of a specific unit. Confirm the current assessed value and mill rate with the town assessor rather than relying on historical tax figures from prior sales.

Resale performance at Georgetowne North is directly tied to unit condition and renovation quality. The $1.41 million gap between the lowest and highest recorded sale prices in this complex, across units of similar square footage, is not primarily a market timing story. It reflects the condition and finish level of individual units. Buyers acquiring an unrenovated unit should model the cost of updating kitchens, baths, and mechanicals before closing, and build that into their offer. Resale value in a 31-unit community depends on what the unit looks like when it goes back on the market, not just what the town median is doing. Review the association’s rules on renovation, contractor approval, and structural modifications before planning any work.

Pet policy, rental restrictions, and owner-occupancy ratio are not available in MLS data and must be confirmed directly with the association. Insurance structure for a townhouse condominium typically separates exterior and structural coverage (association master policy) from interior contents and improvements (owner’s HO-6 policy). Verify the exact coverage split and confirm whether the master policy covers original fixtures or bare walls only. That distinction affects what you insure and what you recover in a claim.

Buying or Selling at Georgetowne North

Fourteen recorded MLS sales across a multi-decade window means pricing a unit at Georgetowne North requires judgment, not just a comp pull. The sales table above is the full picture of what has traded. No two units are directly comparable given the range in condition, bedroom count, and bathroom configuration across the complex. Buyers need a broker who understands how to weight those variables against current Greenwich market conditions. Sellers need to know that the highest recorded sale, $2,150,000 in 2023, was achieved on a fully prepared 3,072-square-foot unit, and that presentation drove a significant portion of that outcome.

The Engel Team works with both buyers and sellers at Georgetowne North and across the broader Greenwich real estate market. For buyers, we track pre-market and off-market opportunities in small communities like this one where public listings are rare. For sellers, we provide unit-specific pricing analysis using the full sales history, current absorption data, and a clear read on what buyers in this price range are comparing Georgetowne North against. Contact us to discuss your situation directly.

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