Turnover at Regency is slow by design. This is a 73-unit, age-restricted townhouse community in Ridgefield, CT, and the people who buy here tend to stay. MLS records show 18 sales over a multi-year span — roughly two to three transactions per year on average. That pace reflects genuine satisfaction among residents, not a lack of demand. When a unit does come to market, it moves. If you are tracking availability at Regency, the worst strategy is waiting for a public listing to appear. Off-market awareness matters here. Contact The Engel Team’s Ridgefield real estate practice directly to stay ahead of what hits the market.
MLS data shows 18 recorded sales at Regency. Closed prices ranged from $505,000 to $765,000, with a median of $641,000. Unit sizes ran from 2,284 to 4,363 square feet, producing a median price per square foot of approximately $242. All recorded sales were 2-bedroom, 3-bath configurations. The table below summarizes those transactions.
| Unit | Date | Price | Bed/Bath | SqFt | HOA/mo | Tax/yr |
|---|---|---|---|---|---|---|
| 26 | 10/27/2021 | $765,000 | 2/3 | 2,592 | $525 | $12,476 |
| 43 | 11/20/2020 | $631,500 | 2/3 | 2,745 | $505 | $11,751 |
| 45 | 11/10/2020 | $690,000 | 2/3 | 2,584 | $510 | $13,142 |
| 18 | 11/04/2020 | $630,000 | 2/3 | 2,284 | $510 | $12,204 |
| 38 | 07/24/2020 | $625,000 | 2/3 | 3,034 | $545 | $13,618 |
| 16 | 03/02/2020 | $630,000 | 2/3 | 4,363 | $503 | $11,751 |
| 31 | 02/07/2020 | $625,000 | 2/3 | 2,745 | $503 | $12,794 |
| 22 | 01/16/2020 | $615,000 | 2/3 | 2,284 | $503 | $12,289 |
| 41 | 10/24/2019 | $642,000 | 2/3 | 2,284 | $503 | $13,065 |
| 17 | 06/12/2018 | $655,000 | 2/3 | 2,584 | — | $12,532 |
| 27 | 01/19/2018 | $640,000 | 2/3 | 4,168 | — | $12,251 |
| 10 | 11/16/2017 | $675,000 | 2/3 | 3,716 | — | $12,301 |
| 73 | 05/01/2017 | $530,000 | 2/3 | 2,584 | — | $11,207 |
| 58 | 03/02/2017 | $505,000 | 2/3 | 2,584 | — | $11,711 |
| 38 | 07/15/2016 | $730,000 | 2/3 | 3,716 | — | $13,064 |
| 20 | 08/03/2015 | $700,000 | 2/3 | 2,745 | — | $11,215 |
| 34 | 06/30/2015 | $740,000 | 2/3 | 2,584 | — | $11,711 |
| 36 | 06/25/2015 | $730,000 | 2/3 | 2,745 | — | $12,031 |
The spread between the lowest and highest recorded sale, $505,000 versus $765,000, reflects real differences in unit size and configuration, not just market timing. The largest units here exceed 4,300 square feet, which is unusual for an age-restricted townhouse condominium. Buyers should treat per-square-foot as the more reliable comparison metric than list price alone.
Regency sits at 638 Danbury Road in Ridgefield, CT, a location that puts it close to Route 35 and the Branchville Metro-North station, which provides rail access into Manhattan for residents who still commute occasionally. The complex was built between 2007 and 2010, which makes it relatively modern by Ridgefield condominium standards. At 73 units, it is large enough to support a stable homeowners association with real reserves, but not so large that it becomes anonymous. The community includes a clubhouse. The age restriction, 55 and older, defines the character as much as the architecture does. This is not a transitional building. Residents choose Regency deliberately, and the low turnover reflects that.
Every recorded MLS sale at Regency has been a 2-bedroom, 3-bath unit, which appears to be the standard configuration across the community. What varies considerably is square footage. Sold units ranged from 2,284 square feet to 4,363 square feet, which is a meaningful difference in livable space for a townhouse-style condominium. The larger units at 3,700 to 4,300 square feet likely include finished lower levels, which is common in townhouse construction of this era and region. Garage parking is included. The vertical townhouse layout means buyers coming from single-family homes will find a more familiar flow than they would in a flat-style building, with distinct living levels rather than everything on one floor. Outdoor space varies by unit position within the complex — buyers should confirm patio or deck configuration for any specific unit before making an offer.
The current HOA fee is $505 per month, though recorded sales show fees as high as $545 for some units, so confirm the exact figure for any unit you are evaluating. Annual property taxes across recorded sales have ranged from approximately $11,207 to $13,618 per year, with most falling in the $12,000 range. That is meaningful variation for a fixed-income buyer and worth verifying against the current assessment for the specific unit.
Because Regency is age-restricted, buyers must meet the 55+ community qualification requirements. This affects resale in a specific way: your buyer pool at exit is narrower than at a market-rate complex, which matters for pricing strategy and timing. Resale value here has proven resilient, with the median holding well relative to what units cost when the complex was new, but understanding the restricted-buyer dynamic is essential before you commit.
Request the full resale package before making any offer. This should include the current reserve study, the association’s most recent financial statements, meeting minutes from the past two years, any pending or recent special assessments, and the current rules on rentals and pets. Ridgefield does not have significant flood exposure at this inland location, so that is not a primary concern here. The more relevant due diligence for a building of this age — completed 2007 to 2010 — is the condition of building systems: roofs, HVAC, common area infrastructure. A reserve study from within the past three years is a reasonable expectation for a complex of this size and age.
Renovation variation between units is real. Some units have been updated since original sale; others have not. At $242 per square foot median, the pricing does not yet fully reflect that delta in all cases, which creates both opportunity and risk depending on which unit you are buying.
If you are considering a purchase at Regency, the thin transaction volume works both ways. There are not many comps to anchor pricing, which means an inexperienced buyer can overpay and an inexperienced seller can underprice. The spread between the $505,000 floor and the $765,000 ceiling in recorded sales is wide enough that unit-specific condition and square footage matter enormously in determining fair value.
The Engel Team works with buyers and sellers across Ridgefield’s condo market, including age-restricted communities like Regency. For buyers, that means access to off-market awareness before units hit public listings, comparative analysis against the full MLS sale history, and direct guidance on what the HOA financials are actually telling you. For sellers, it means pricing against a thin comp set without leaving money on the table.
If you are a current Regency owner evaluating your options, or a buyer tracking availability, reach out to The Engel Team’s Ridgefield listings practice for a current valuation and a realistic read on timing. Units here move quietly. The buyers who are ready tend to win.
© 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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