Meadgate Condos in Greenwich, CT

Meadgate Condos for Sale

With only 14 units total, Meadgate does not produce frequent listings. Turnover here is measured in years, not months. The MLS records 8 sales over roughly a decade, which works out to fewer than one sale per year on average. When a unit does come available, it tends to move quickly. Buyers waiting for an obvious listing signal will often miss it. The better strategy is to get on an early-alert list and have your financing ready before one hits the market. Contact The Engel Team at Douglas Elliman to track availability at Meadgate directly, including any off-market opportunities.

Recently Sold at Meadgate

The MLS shows 8 recorded sales at Meadgate. Closed prices ranged from $1,150,000 to $1,620,000, with a median sale price of $1,245,000. Unit sizes ran from 2,100 to 2,292 square feet, and the median price per square foot came in at approximately $546. The most recent sale, Unit APT I, closed in February 2025 at $1,620,000, a 2-bedroom, 3-bath unit at 2,292 square feet. That sale sits at the top of the recorded range and reflects what the Greenwich condominium market has done over the past several years.

The table below covers verified MLS sales history at Meadgate:

One thing buyers should note from this sales history: the pricing spread at Meadgate is wider than you might expect for a 14-unit building. Unit D sold for $1,150,000 in February 2020 and Unit N sold for $1,550,000 just seven months later. Both were 2,292 square feet with 3 or more bedrooms. That $400,000 gap in the same building, in the same year, suggests condition and interior finish level drive significant pricing variation here. Pull the individual listing records and inspect carefully before drawing comparisons.

About Meadgate

Meadgate is a small condominium community at 101 Lewis Street in Greenwich, built in 1972. Fourteen units total. That is a scale most buyers either find immediately appealing or immediately limiting, and there is not much middle ground. At this size, the association functions more like a shared ownership group than a managed complex. Decisions get made by a small group of owners, assessments require consensus, and the relationship between neighbors is closer than in a 100-unit building. For buyers who want that kind of community structure, Meadgate fits. For buyers who want anonymity in their building, it probably does not.

The townhouse format sets Meadgate apart from the flat-style condominium inventory that dominates parts of central Greenwich. Townhouse-style units at this price point in Greenwich are not common, and that scarcity is part of what supports resale value here.

Homes and Layouts at Meadgate

Meadgate offers 2, 3, and 4-bedroom configurations in a townhouse style. Unit sizes in the MLS sales record range from 2,100 to 2,292 square feet, with the majority of recorded sales coming in at 2,292 square feet. Bath counts range from 3 to 4, depending on the unit. The townhouse layout means buyers are living vertically, with living areas, bedrooms, and outdoor or entry space distributed across multiple floors rather than on a single level. That format works well for buyers who are accustomed to a house-style footprint but want to reduce maintenance obligations. It is less practical for buyers who specifically need single-level living.

Specific floor plans, parking arrangements, and private outdoor space configurations should be confirmed with the listing agent or association documents at the time of sale. Given the variation in sale prices across units of identical square footage, interior finish level and outdoor space quality likely differ meaningfully from one unit to the next. Review each unit on its own merits rather than treating the building as uniform.

What Buyers Need to Know

The HOA fee at Meadgate runs $670 per month based on the majority of recorded sales, with the most recent transaction showing $775 per month for Unit APT I. That increase is worth investigating. Either the association raised dues between 2020 and 2025, or individual units carry different fee structures. Ask for the current fee schedule and a breakdown of what it covers before making assumptions based on older sales data.

Property taxes in the recorded sales history range from $7,031 to $9,488 per year, reflecting both the assessment period and individual unit values. Greenwich applies a mill rate of 12.04, so assessed value drives the number. A unit that sold in 2016 at $1,300,000 was taxed at $7,031 that year. The same unit reassessed at a higher value today would carry a different number. Confirm current assessed value with the town assessor’s office before closing.

Because Meadgate was built in 1972, buyers should specifically request the reserve fund study and the most recent reserve fund balance. A 50-plus year old building with 14 units has had time to accumulate deferred maintenance or to stay ahead of it. You need to know which. Ask about the history of special assessments, the condition of shared building systems (roofing, mechanical, common area infrastructure), and whether any capital projects are planned or budgeted. Thin reserves in a small association mean each owner absorbs a larger share of unexpected costs.

Resale value at Meadgate has held reasonably well across the recorded sales history, but the spread between units is wide enough that condition drives outcome more than the building’s address alone. Buyers planning a future resale should factor interior finish and outdoor space quality into their purchase decision, not just square footage. Request the full resale package from the association, which should include governing documents, financials, meeting minutes, and any pending litigation or assessment. In a 14-unit building, reviewing those minutes carefully is worth the time.

Rental restrictions, pet policies, and owner-occupancy requirements are set by the association’s governing documents and may have changed since older sales. Do not rely on what a prior buyer was told. Pull the current documents and confirm current rules directly. Explore the full range of Greenwich CT condos if you want to compare Meadgate against other condominium options at similar price points before committing.

Buying or Selling at Meadgate

Fourteen units, fewer than one sale per year on average, and a price range that runs $470,000 wide depending on condition. That combination makes pricing a Meadgate unit genuinely difficult without access to the full sales history and current interior details. Off-market awareness matters here in a way it simply does not in larger buildings. If you are selling, the buyer pool for a $1.2M to $1.6M townhouse-style condominium in Greenwich is specific, and reaching them requires more than an MLS listing.

The Engel Team works across the Greenwich homes for sale market and maintains direct relationships with buyers actively looking in this price range. For sellers, that means access to buyers before they show up in a public search. For buyers, that means knowing about units before they hit the open market. Reach out directly for a valuation, a current availability update, or a strategy conversation about this building.

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