Putnam Park is a 194-unit gated condominium community in Greenwich, CT, and units here do not sit on the market long. The complex has recorded 70 MLS sales, which speaks to consistent turnover, but active inventory at any given moment is limited. If you are tracking availability at Putnam Park, the practical move is to set up an alert rather than check listings periodically. Units move before most buyers have had a second conversation. Contact The Engel Team directly to get notified the moment a unit becomes available, including anything that surfaces off-market before it hits MLS.
Across 70 verified MLS sales, closed prices at Putnam Park have ranged from $300,000 to $1,300,000, with a median sale price of $487,500. The median price per square foot across recorded transactions was approximately $431/SF. Unit sizes in the MLS data range from roughly 750 to over 2,000 square feet for the larger three-bedroom configurations.
Recent sales from 2025 and 2026 reflect meaningful appreciation from earlier transaction levels. In March 2026, Unit 186, a 2-bedroom/2-bath unit at 1,200 square feet, closed at $905,000. In January 2026, a 2-bed/1-bath at 986 square feet closed at $695,000. In June 2025, Unit 100, a 2-bed/2-bath at 1,657 square feet, closed at $714,000. A 3-bedroom/2-bath unit in March 2025 closed at $643,750 at 1,591 square feet. One-bedroom units have been clearing between $450,000 and $550,000 depending on size and condition, with a 1-bed/1-bath at 1,000 square feet closing at $540,000 in September 2025.
The top of the recorded range was a 5-bedroom/5-bath unit at 2,122 square feet that closed at $1,300,000 in March 2023, with an HOA of $2,213/month. That sale stands apart from the rest of the distribution and should not be used as a comp without understanding the specific unit’s configuration and condition. For buyers evaluating current pricing, the 2025 and 2026 transactions are the most actionable reference points. The older sales from 2019 and earlier reflect a meaningfully different market baseline.
Putnam Park is a gated condominium community built between 1950 and 1956, which makes it one of the older established complexes in Greenwich. Its 194 units sit at 186 Putnam Park, positioned within the broader Greenwich market where the town median across all property types is substantially higher than what Putnam Park delivers, making this community one of the more accessible condominium entry points in a market that trends well above most of Fairfield County.
What distinguishes Putnam Park from newer Greenwich condo developments is the combination of scale, age, and gated access. At 194 units, it is large enough that there is genuine community infrastructure, but the gated setting keeps it from feeling like an apartment complex. The construction era, mid-century through the mid-1950s, means buyers are dealing with buildings that have decades of maintenance history behind them, which matters significantly in due diligence.
Unit configurations at Putnam Park span 1-bedroom, 2-bedroom, 3-bedroom, and 5-bedroom layouts. The building style includes townhouse-format units alongside other configurations within the community. Based on MLS sales data, unit square footage runs from approximately 750 square feet on the small end for 1-bedroom units up to roughly 2,000 square feet or more for the larger multi-bedroom homes.
One-bedroom units at Putnam Park have typically recorded in the 800 to 1,000 square foot range. Two-bedroom units cover a wide band from around 900 square feet for a 2-bed/1-bath to 1,200 to 1,657 square feet for 2-bed/2-bath configurations. Three-bedroom units have appeared in the 1,550 to 1,700 square foot range. The 5-bedroom unit on record at 2,122 square feet appears to be an outlier within the complex rather than a standard offering. Buyers should verify actual square footage and layout from current listing data or floor plans obtained directly from the association, as the MLS record contains some anomalous figures that should not be taken at face value.
As a gated community with townhouse-style units in the mix, Putnam Park offers the kind of vertical, entry-level privacy that flat-style condominiums do not. Parking and outdoor space specifics should be confirmed unit by unit, as configuration varies.
HOA fees at Putnam Park vary significantly by unit. Based on verified MLS sales data, monthly HOA charges have ranged from $570 to $2,213 depending on unit size and configuration. The most common range for 1-bedroom and 2-bedroom units falls between $635 and $1,152/month. Three-bedroom units have carried fees in the $1,288 to $1,495/month range. Buyers should request the current fee schedule directly from the association, as fees have moved over time and the figures in older sales records may not reflect current assessments.
Because Putnam Park was built between 1950 and 1956, reserve fund adequacy is the first question any buyer should put to the association. Mid-century buildings carry real capital expenditure exposure, including roof systems, exterior surfaces, mechanical infrastructure, and common area components. Request the most recent reserve study and at least three years of meeting minutes before committing. Special assessments are not uncommon in buildings of this age and should be asked about explicitly, both current and anticipated.
Renovation variation between units is significant in older complexes like this one. A unit that has been fully updated will perform differently on resale than one with original finishes, even at identical square footage. Buyers should inspect carefully and understand what has been replaced inside the unit versus what remains from original construction. The resale package, which should include financial statements, the reserve study, governing documents, and any pending litigation or assessment notices, is essential reading before going to contract.
Rental rules, pet policy, and owner-occupancy ratios should all be verified with the association directly. These factors affect both quality of life and financing options. Some conventional and FHA loan programs have owner-occupancy minimums, and the association’s current ratios may affect what loan products are available to buyers. Insurance structure and what the master policy covers versus what the unit owner is responsible for should also be reviewed, particularly for units with recent renovations where betterments may not be covered under the master policy.
Putnam Park is a genuinely interesting place to buy within the Greenwich CT condo market, precisely because it sits well below the town’s overall median price point while remaining inside Greenwich’s address and school system. That gap creates real demand from buyers who want Greenwich and need a price point that the single-family market here does not offer.
For sellers, pricing at Putnam Park requires careful comp selection. The spread between a 1-bed/1-bath at 800 square feet and a 3-bed/2-bath at 1,700 square feet is substantial, and even within the same bedroom count, condition and renovation level have driven meaningful price differences in the recorded sales history. Setting the wrong list price in either direction is costly. Units priced correctly against genuine comps have moved efficiently; units priced against outliers have not.
The Engel Team works with buyers pursuing Greenwich homes for sale across all price points and property types. For Putnam Park specifically, that means tracking availability in real time, advising on which recent sales are actually comparable, and helping buyers understand the due diligence requirements specific to a mid-century gated community before they make an offer. For sellers, it means building a pricing strategy that reflects where the market has actually gone in 2025 and 2026, not where it was three years ago. Reach out to The Engel Team to discuss current availability, pricing, or a valuation of your unit at Putnam Park.
© 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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