Old Forge Green is an 11-unit townhouse condominium on East Avenue in New Canaan, CT. Six recorded MLS sales have closed between 2015 and 2024, with prices ranging from $805,000 to $1,800,000 and a median of $1,033,750. That spread is wide for a small complex, and it tells you something important: unit condition and square footage vary considerably, and a buyer who does not run careful comps is likely to overpay or pass on a deal. With only 11 units and historically infrequent turnover, availability at Old Forge Green is genuinely limited. When a unit comes to market, it tends to move.
Because Old Forge Green has just 11 units, active listings are rare. Turnover across the entire complex has averaged roughly one sale per year over the past decade, and there have been stretches with no public listings at all. If you are specifically targeting this complex, waiting for a Zillow alert is not a reliable strategy. Off-market awareness matters here. The Engel Team tracks New Canaan CT condos closely and can alert buyers when units at Old Forge Green and comparable complexes become available before or alongside public listing. Contact the team directly to get on the notification list.
MLS records show six closed sales at Old Forge Green. Here is what the data shows:
| Unit | Date | Price | Bed/Bath | SqFt | HOA/mo | Tax/yr |
|---|---|---|---|---|---|---|
| 157 | 04/03/2024 | $1,800,000 | 3/4 | 3,166 | $756 | $15,660 |
| 155 | 04/21/2017 | $1,067,500 | 3/3 | 2,613 | – | $13,185 |
| 157 | 01/03/2017 | $915,000 | 3/4 | 3,166 | – | $13,456 |
| 151 | 09/30/2016 | $1,350,000 | 3/3 | 2,600 | – | $11,884 |
| 149 | 02/02/2016 | $805,000 | 3/3 | 2,160 | – | $10,928 |
| 161 | 12/16/2015 | $1,000,000 | 3/4 | 2,652 | – | $12,967 |
The median price per square foot across these sales was approximately $393/SF. The most recent sale, Unit 157 in April 2024 at $1,800,000 for 3,166 square feet, closed at roughly $568/SF, well above the complex’s historical average. That gap reflects either significant renovation, timing relative to the broader New Canaan market, or both. The same unit sold in January 2017 for $915,000 — nearly double in seven years. Buyers pricing a unit at Old Forge Green should treat each unit as its own comp exercise rather than assuming a flat per-square-foot baseline applies across the building.
Old Forge Green is a small townhouse condominium complex on East Avenue in New Canaan, built during the 1970s. With just 11 units, it is one of the smaller condominium communities in New Canaan CT real estate. The scale keeps the association manageable and the community relatively private, which is part of its appeal. The complex sits within a town of roughly 21,000 residents covering about 22 square miles, meaning East Avenue gives residents reasonable access to New Canaan’s downtown core without being in the middle of it. The setting reflects what is true of most properties in New Canaan: there is landscaping involved, and that landscaping is taken seriously.
All recorded sales at Old Forge Green show three-bedroom units, with bath counts ranging from three to four. Square footage in sold units spans from 2,160 to 3,166 square feet, which is a meaningful range for an 11-unit complex and suggests the floor plans are not uniform. The larger units have come in near 3,100 square feet with four baths; the smaller units run closer to 2,200 square feet with three baths. The townhouse style means vertical living across multiple floors, with entry at grade level. Buyers accustomed to single-level living should confirm stair count and layout before viewing. Outdoor space details should be confirmed with the listing agent, as these vary by unit in townhouse-format condominiums of this era.
The current HOA fee is $756 per month. For a complex built in the 1970s, the condition of shared building systems, roof, and common areas matters more than the fee headline. Buyers should request the most recent reserve study, the last two years of association meeting minutes, and the current reserve fund balance before making an offer. A 1970s-era building that has not undergone major capital work in the past decade is carrying deferred maintenance risk, even if individual units have been renovated. Ask specifically whether any special assessments have been levied in the past five years and whether any are anticipated.
Property taxes across recorded sales have ranged from approximately $10,900 to $15,660 per year, with variation tied directly to assessed value at time of sale. Buyers should verify the current assessment with the New Canaan assessor’s office and model their carrying costs using the most recent mill rate, not a prior owner’s tax bill.
Rental restrictions, pet policy, and owner-occupancy ratio are association-governed and must be confirmed in the condominium documents. For a complex this size, owner-occupancy ratio can affect conventional mortgage financing. If the majority of units are rented rather than owner-occupied, certain loan products become unavailable. Verify this with your lender before going under contract. Renovation variation between units is significant at Old Forge Green based on the price spread in recorded sales, so buyers should inspect carefully and not assume comparable finishes across units at similar price points.
Eleven units, six recorded sales over roughly a decade, and a price range of nearly $1,000,000 between the lowest and highest closed transaction. That combination makes valuation at Old Forge Green genuinely difficult without deep knowledge of what each unit looks like inside. If you are buying, the right comp is not just price per square foot across the complex — it is the specific unit’s condition, bath count, and any capital improvements relative to the sale history. If you are selling, pricing too low on a renovated unit in a building with a wide variance is money left on the table. The most recent sale at $1,800,000 reset the ceiling for this complex.
The Engel Team works the New Canaan homes for sale market with direct knowledge of what condominiums at this price point and this vintage are actually trading for, and what the condition delta between units means for offer strategy. For sellers, that means a defensible list price backed by the full transaction history, not just the most recent comp. For buyers, it means knowing when a unit is priced to reflect its actual condition and when the ask is carrying assumptions that the market has not validated.
Contact The Engel Team to discuss current availability, request a valuation for your unit at Old Forge Green, or get on the early-alert list for upcoming availability in this complex and others in New Canaan CT condos.
© 2025 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. 
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