Pequot Mews Condos in Fairfield, CT

Pequot Mews: Four Units, a Wide Price Range, and One of Fairfield’s More Unusual Condo Addresses

Pequot Mews is a four-unit townhouse condominium complex built in 1972 on Pequot Avenue in Fairfield, CT. It is small enough that most buyers never hear about it until a unit comes to market, and that is precisely what makes it worth understanding. The four recorded MLS sales span from $845,000 to $3,000,000, a range that reflects both the age of the earlier transactions and the significant appreciation this address has seen in recent years. The January 2026 sale at $3,000,000 sets a hard data point for what buyers and sellers are working with today. If you are tracking Fairfield CT condos, Pequot Mews is a small complex with outsized price movement.

Pequot Mews Condos for Sale

With only four units in the complex, availability at Pequot Mews is genuinely rare. There is no inventory cycle here the way there is at larger condominium developments. A unit may not come to market for two or three years at a stretch, and when one does, it tends to move. Fairfield’s broader market has been running at roughly 1.2 months of supply with a sold-to-list ratio above 103%, which means well-positioned units attract competitive offers quickly. If you are waiting for a Pequot Mews unit to appear on the public MLS, you may wait longer than you expect. Contact The Engel Team directly to stay ahead of any off-market activity at this address.

Recently Sold at Pequot Mews

Four MLS sales are on record for Pequot Mews. Here is what the data shows:

The median sale price across these four transactions is $1,370,000. Median price per square foot is approximately $658. The most recent sale, Unit 425 in January 2026, closed at $3,000,000 on 2,352 square feet, which works out to roughly $1,276 per square foot. That is a significant step above the earlier comps. The two 2015 sales, at $845,000 and $875,000, are too old to serve as meaningful pricing benchmarks today. Buyers and sellers should weight the 2023 and 2026 transactions heavily and treat the 2015 figures as historical context only.

About Pequot Mews

Pequot Mews is a small, self-contained townhouse condominium development at 425 Pequot Avenue, built in 1972. The complex has four units total, which makes it one of the smallest condominium associations in Fairfield. A four-unit association operates very differently from a 40- or 400-unit building. There is no professional management company buffer, no large reserve fund spread across hundreds of owners, and no anonymity. Decisions about maintenance, capital improvements, and assessments involve every owner directly. That dynamic is either appealing or concerning depending on your experience with small associations, and buyers should go in with eyes open. The Pequot Avenue address places this complex in a section of Fairfield with proximity to the town’s shoreline corridor, near Penfield Beach and Jennings Beach, both of which give residents direct access to Long Island Sound.

Homes and Layouts at Pequot Mews

Units at Pequot Mews are townhouse-style, meaning buyers get vertical living with distinct floor separation rather than a flat single-level layout. The four recorded units range from 1,620 to 2,406 square feet, with bedroom counts of two and three and bathroom counts of three and four. The style is condominium ownership with the physical footprint of a townhouse, which typically means a private entry, stacked floors, and some degree of outdoor space. Unit sizes in this range are competitive with single-family square footage at lower price points in Fairfield, which is part of the appeal. Specific floor plan details, parking configuration, and outdoor space dimensions vary by unit and are best confirmed directly from the listing documents or association records at time of sale.

What Buyers Need to Know

Four-unit associations carry a specific set of due diligence requirements that do not apply the same way to larger buildings. Start with the reserve fund. A four-unit association with an underfunded reserve has very few owners to absorb a special assessment if a major system, roof, or structural element needs replacement. Request the most recent reserve study if one exists, and ask directly whether any special assessments have been levied or are anticipated. If no reserve study has been completed recently, treat that as a flag and price the risk accordingly.

HOA fees are not available in the current MLS data. Buyers must request the current monthly fee, the association’s operating budget, and the reserve balance before making an offer. Do not assume fees are low because the building is small. Shared maintenance costs do not scale proportionally when there are only four units covering them.

Property taxes at Pequot Mews have ranged from $13,239 to $20,495 per year across the four recorded sales, with the most recent unit assessed at $20,495 annually. Buyers financing at current rates should factor that carrying cost precisely into their total monthly payment.

Pequot Avenue’s proximity to Fairfield’s shoreline means flood zone status is a relevant question for this address. Buyers should verify FEMA flood map designation, confirm whether flood insurance is required by the association or by lender underwriting, and understand whether the association’s master policy covers flood or whether owners carry individual flood coverage. Do not assume. Request the association’s insurance declarations page and compare it against your lender’s requirements before waiving any contingencies.

Renovation variation is likely at a 1972 building. The gap between a unit last updated in 2015 and one sold in 2026 for $3,000,000 suggests meaningful differences in finish level, mechanicals, and systems. Buyers should not assume all units are equivalent. A thorough inspection, including HVAC age, plumbing condition, and electrical panel status, is essential regardless of how well-presented a unit appears at showing.

Rental rules, pet policies, and owner-occupancy ratio should all be confirmed in the association’s governing documents. A four-unit association with one or two investor-owned units looks very different on a mortgage application than a fully owner-occupied building. Confirm the ratio before assuming conventional financing will proceed without conditions.

Buying or Selling at Pequot Mews

The pricing spread at Pequot Mews is wide enough that valuation requires real judgment, not a simple comp pull. The 2026 sale at $3,000,000 and the 2023 sale at $1,865,000 are the only transactions with current relevance, and they differ by over $1,000,000. Condition, renovation level, specific unit position within the complex, and flood zone exposure all factor into where a unit prices today. Sellers who anchor to the $3,000,000 comp without accounting for unit-specific differences will likely see their listing sit. Buyers who anchor to the 2015 sales are using irrelevant data.

The Engel Team tracks Fairfield homes for sale and off-market activity across Fairfield’s condominium market. For sellers at Pequot Mews, accurate pricing starts with a unit-specific analysis, not a building average. For buyers, the combination of limited inventory and a wide comp range makes off-market monitoring and early positioning more valuable than waiting for a public listing. Reach out directly to discuss current availability, valuation, and offer strategy at Pequot Mews.

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