Schooner Cove Condos in Stamford, CT

Schooner Cove Condos for Sale

Schooner Cove is a 90-unit gated community on the East Branch of Stamford Harbor, and units here do not sit on the market long. The combination of waterfront setting, harbor views, and a price point that runs well below comparable waterfront product in Greenwich keeps demand consistent. MLS data shows 65 recorded sales over the complex’s history, with recent closed prices reaching $750,000 for a three-bedroom unit in early 2026. Availability changes quickly. If you are tracking Stamford CT condos and Schooner Cove is on your list, the right move is to set up an alert and be ready to act. Contact The Engel Team for current availability and off-market monitoring specific to this building.

Recently Sold at Schooner Cove

The MLS record at Schooner Cove includes 65 sales. Recent activity in 2025 and early 2026 tells a clear story: two-bedroom units in the 1,600-square-foot range are closing between $605,000 and $629,000, and three-bedroom units at 1,665 square feet are trading between $629,000 and $750,000. Unit 106 closed at $750,000 in January 2026 – a 3-bedroom, 3-bath unit at 1,665 square feet. Unit 117 closed at $627,000 in March 2026, a 2-bedroom at 1,600 square feet. Unit 306 closed at $735,000 in December 2025, also a 3-bedroom at 1,665 square feet. The median sale price across verified MLS history sits at $450,000, but that number is pulled down by older sales and by the garage unit sales (units G15 and H16, which are 50-square-foot storage or parking units that closed at $55,000–$60,000 and are not residential condominiums). Strip those out, and the residential median is materially higher. Price per square foot across residential units runs approximately $285/SF on the full historical dataset. Recent 2025–2026 closings suggest that number is now running higher for well-maintained units.

About Schooner Cove

Schooner Cove was developed by Arthur Collins beginning in 1981 and completed through 1984. The 90-unit gated community sits on the East Branch of Stamford Harbor, adjacent to several marinas, and was built with boaters and waterfront buyers specifically in mind. The architecture uses high-quality materials and was designed to deliver harbor views from most units. The result is one of the few true waterfront condominium communities in Stamford – not water-adjacent, not water-glimpse, but genuinely on the harbor with direct access to the marina environment. The gated entry and the mix of mid-rise and townhouse-style buildings distinguish it from the larger, more anonymous condo towers in downtown Stamford. At 90 units, it is small enough that the association functions more like a community than a corporation. For buyers searching Stamford CT real estate, few buildings in this price range offer this combination of setting and scale.

Homes and Layouts at Schooner Cove

Schooner Cove offers studio, two-bedroom, and three-bedroom units across mid-rise and townhouse-style buildings. The residential units that have traded on MLS range from approximately 1,430 to 1,800 square feet. Two-bedroom layouts most commonly run around 1,520 to 1,670 square feet. Three-bedroom units typically measure 1,665 square feet and appear repeatedly in the sales record, suggesting a consistent floor plan across the building. One unit at 1,800 square feet (Unit 133, a 3-bedroom sold in 2018) represents the upper end of the recorded size range. The townhouse-style units offer a vertical layout with more separation between living and sleeping floors, which buyers coming from single-family homes often prefer. The mid-rise units offer single-floor living. Both building types sit within the gated perimeter and share access to the pool and clubhouse. Garage and storage units also exist within the complex (the 50-square-foot units in the MLS record) and are purchased separately from the residential units.

What Buyers Need to Know

HOA fees at Schooner Cove have ranged from approximately $636 to $885 per month across the sales history, with recent closings showing fees in the $824–$885 range. Property taxes on residential units have generally run between $6,400 and $8,148 per year, with recent sales landing around $7,000–$7,700 annually. These are costs to model carefully before making an offer.

Waterfront due diligence is non-negotiable here. Schooner Cove sits on the East Branch of Stamford Harbor. Buyers must determine the FEMA flood zone designation for their specific unit before going under contract. Flood insurance requirements and premiums vary by unit location and floor level within the complex, and they can add meaningfully to the monthly cost of ownership. Request the association’s flood insurance certificates and confirm whether the master policy covers individual units or only common areas. If the master policy is bare-walls-in, owners carry more insurance responsibility themselves.

The buildings date to 1981–1984, which means building systems – roofs, windows, HVAC, plumbing, and electrical – are at or past the age where replacement becomes a planning exercise rather than a contingency. Ask for the most recent reserve study. A well-funded reserve means lower risk of a special assessment. A thin reserve in a 40-year-old waterfront building is a real exposure. Request the full resale package from the association before binding – it will include meeting minutes, the reserve study, current financials, and any pending assessments. Resale value at Schooner Cove is directly tied to unit condition and renovation level. Two units with the same floor plan and the same square footage have traded at meaningfully different prices here, which tells you the market is pricing interior condition carefully.

Rental policy, pet policy, and owner-occupancy ratio should all be confirmed directly with the association. These rules affect both your day-to-day living experience and your exit options when it comes time to sell. Financing terms from lenders can also change based on the owner-occupancy ratio in the building, so confirm this number early in the process. Buyers considering Stamford homes for sale at this price point should compare the waterfront premium here against non-waterfront alternatives and weigh the carrying costs accordingly.

Buying or Selling at Schooner Cove

Schooner Cove has 65 MLS sales in its history, which is a reasonable comp base for pricing a unit – but the range from $276,000 to $750,000 reflects enormous variation in unit condition, renovation level, and market timing. Pricing a unit here correctly requires understanding which sales are valid comparables and which are outliers. Overpricing a waterfront unit in a 40-year-old building that needs work is a common mistake. So is underpricing a renovated unit with harbor views because the seller used unadjusted medians.

The Engel Team tracks sales data at Schooner Cove and can provide a current valuation, off-market monitoring if you are buying, and a pricing strategy built on the actual comp set, not the whole building average. If you are selling, presentation and condition pricing matter here more than at newer buildings. If you are buying, the due diligence checklist for a waterfront community this age is longer than a standard condo purchase and we can walk you through it. Reach out directly to discuss Schooner Cove specifically.

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