Riverwood Condos in Stamford, CT

Riverwood Condos for Sale

Riverwood is a 24-unit colonial townhouse community, and units here do not come up often. With only 13 recorded MLS sales across the complex’s entire history, turnover is genuinely low. When a unit does hit the market, it tends to move. Buyers who wait for the right moment to research often find the moment has already passed. If you are tracking availability at Riverwood, the right move is to set up direct monitoring rather than relying on public listing alerts. Contact The Engel Team’s Stamford listings to flag your interest and stay ahead of new inventory as it emerges.

Recently Sold at Riverwood

MLS data shows 13 closed sales at Riverwood, with prices ranging from $415,000 to $696,000. The most recent sale, Unit 13 in March 2026, closed at $696,000 for a 2-bedroom, 3-bath unit of 1,400 square feet, reflecting approximately $497 per square foot. That is a significant step above the historical median. The prior sale of the same unit in October 2023 closed at $557,000, meaning the same floor plan appreciated roughly $139,000 in under two and a half years.

The full sales history tells a consistent upward story. Unit 1, a 3-bedroom, 2-bath unit of 1,400 square feet, sold for $645,000 in August 2024. Unit 10, a 2-bedroom, 2-bath at 1,400 square feet, closed at $565,000 in February 2024. Going back to 2021, the range was $448,000 to $505,000, and in 2016 the complex was trading in the $415,000 to $425,000 range. The trajectory is clear. Unit sizes across all sales ran from 1,330 to 1,520 square feet, and the historical median price per square foot was approximately $329. Recent closings have pushed well above that figure.

About Riverwood

Riverwood is a small condominium community at 40 Oenoke in Stamford, CT, built in 1996 and 1997. The complex contains 24 units arranged as colonial-style townhouses. That colonial architecture is not incidental. These are full townhouse structures, built to residential scale, not converted apartment buildings. The proximity to the Stamford train station is a defining feature of the location, making Riverwood a practical address for buyers whose daily routine includes a Metro-North commute. The combination of colonial construction, a 24-unit footprint, and a walk-to-train position places Riverwood in a narrow category within the broader Stamford CT condo market, one where supply is structurally limited and demand from commuter buyers remains steady.

Homes and Layouts at Riverwood

Units at Riverwood range from approximately 1,330 to 1,520 square feet. The complex offers both 2-bedroom and 3-bedroom configurations, with bathroom counts ranging from 2 to 3 depending on the unit. Every sale in the MLS record falls within this square footage band, which gives buyers reliable sizing expectations. The townhouse format means these are vertical layouts, typically across two or more floors, with no shared-corridor access. Garage parking is included, which matters in a Stamford location where street and surface parking can be constrained. The townhouse structure also means no neighbors directly above or below, a meaningful distinction from flat-style condominium buildings. Specific floor plans and individual unit features vary, so buyers should request as-built information and confirm layout details before making an offer.

What Buyers Need to Know

HOA fees at Riverwood have run $210 per month for most of the complex’s recorded sale history, with the two most recent sales showing a fee of $240 per month. That increase is worth noting. A jump from $210 to $240 is modest in absolute terms but signals that association expenses have risen. Buyers should request the full association budget, reserve study, and any history of special assessments before closing. At 24 units, the reserve pool is small. A single large-ticket item, such as roof replacement, repaving, or structural work, can create meaningful per-unit exposure if reserves are underfunded.

Property taxes across recorded sales have ranged from approximately $5,610 to $7,853 per year, with most recent transactions in the $7,100 to $7,800 range. Buyers should verify the current assessment and confirm whether a post-sale reassessment is likely given the gap between recent closed prices and prior assessed values.

Riverwood is a colonial townhouse community built in the mid-1990s. That means building systems, including HVAC, roofing, and windows, are at or past the typical replacement horizon on some units. Renovation quality varies unit to unit depending on what prior owners have invested. Some units have been updated; others have not. Buyers should factor condition differences into any offer and verify what has been replaced versus original-build.

For resale, the price trajectory at Riverwood is favorable. The complex has posted consistent appreciation across every comparable sale period, and the most recent 2026 close at $696,000 sets a new ceiling for the address. Resale value is supported by the commuter location, the townhouse format, and the scarcity of small colonial communities near the Stamford train station. Buyers purchasing today near the current price level should understand they are buying at the top of the complex’s recorded range, and pricing at resale will depend heavily on condition, renovation quality, and the broader Stamford market at time of sale.

Rental rules, pet policies, and owner-occupancy ratios are not publicly available in the MLS record and must be confirmed directly with the association. If you are purchasing with a conventional loan, your lender will require this information during underwriting. Get the resale package and association documents early in the due diligence period, not at the end.

Buying or Selling at Riverwood

Thirteen total MLS sales over the complex’s lifetime means pricing at Riverwood requires careful comp analysis. There is no deep pool of recent sales to anchor a number. The gap between the 2024 sales in the mid-$500s and the March 2026 close at $696,000 is significant enough that buyers and sellers alike need current market context, not just a raw comp list. If you are considering a purchase or planning to list at Riverwood, The Engel Team can run a current valuation, assess condition-adjusted comparables, and advise on timing relative to Stamford’s broader real estate market. For buyers, we can set up direct monitoring so you are notified before new inventory hits public search. Contact The Engel Team to get started.