Sheffield Ridge Condos in Norwalk, CT

Address: 50 Fairview, Norwalk, CT

Total Units: 118

Year Built: 1961 – 1982

Bedrooms: 1, 2

Building Style: High-rise / Mid-rise, Ranch

Median Sale Price: $193,500 (MLS historical) | $275,000 (most recent sale, March 2026)

Price Range (MLS history): $125,000 – $330,000

HOA Fee: $417/month (varies by unit)

Property Tax: $2,662/year (varies by unit)

Sheffield Ridge Condos for Sale

Sheffield Ridge turns over regularly by Norwalk condominium standards. Across 40 recorded MLS sales, the complex has seen consistent activity through multiple market cycles, which means buyers do get opportunities here, but not always on a predictable schedule. Units at this price point in Norwalk move quickly when they are priced correctly, and the most competitive units rarely sit more than a few weeks. If you are actively watching Sheffield Ridge, waiting for a listing to appear on a portal is the wrong strategy. Contact The Engel Team’s Norwalk real estate page to get ahead of new availability before it hits the open market.

Recently Sold at Sheffield Ridge

The MLS record at Sheffield Ridge covers 40 closed sales. Prices ranged from $125,000 to $330,000, with a historical median of $193,500 and a median price per square foot of approximately $234. The most recent sales in early 2026 have pushed well above that historical median: APT 2D closed at $275,000 in March 2026, APT 1C at $285,000 in January 2026, and unit 1C at $326,000 that same month. Those three closings reflect a sharp move upward from the pattern seen through 2023 and early 2024, when one-bedroom units were regularly clearing in the $170,000 to $212,000 range.

Unit size is the clearest pricing driver here. One-bedroom units run 579 to 788 square feet and have sold between $125,000 and $285,000 depending on condition, floor, and year. Two-bedroom, one-bath units at 899 square feet have ranged from $151,400 to $330,000. The two-bedroom, two-bath layouts at 1,012 square feet, which are the largest floor plan in the complex, have consistently commanded the highest prices, with the top comp sitting at $330,000 for APT 2C in September 2024.

HOA fees have varied notably across units and time periods. Recent closings show monthly fees ranging from $274 to $612, which is a wider band than typical for a complex this size. Buyers should confirm the exact fee for any specific unit before making an offer, as the variation is large enough to affect total monthly cost significantly. Browse Norwalk CT condos for broader context on how Sheffield Ridge compares to the surrounding condo market.

UnitDatePriceBed/BathSqFtHOA/moTax/yr
APT 2D03/27/2026$275,0002/1899$482$3,539
APT 1C01/30/2026$285,0002/21,012$543$3,790
1C01/13/2026$326,0002/21,012$612$3,790
APT 4J01/08/2026$216,0001/1720$386$3,006
APT 4H12/12/2025$220,0001/1788$512$2,875
APT 1J12/16/2024$212,5001/1720$351$2,960
APT 4D12/06/2024$275,0002/1899$438$3,485
APT 2C09/24/2024$330,0002/21,012$479$3,732

About Sheffield Ridge

Sheffield Ridge is a 118-unit condominium community at 50 Fairview in Norwalk, CT. The complex was built between 1961 and 1982, which puts it in a construction era common across Norwalk’s mid-century condominium stock. The building style is mid-rise and high-rise, with elevator access, which makes Sheffield Ridge accessible for buyers who cannot or prefer not to manage stairs daily. That is a practical distinction in a market where the majority of Norwalk’s lower-priced condo inventory is in walk-up or townhouse-style buildings. The Fairview address places the complex within reach of Norwalk’s broader infrastructure without being in the dense downtown core.

Homes and Layouts at Sheffield Ridge

Sheffield Ridge offers one-bedroom and two-bedroom units across three distinct floor plan configurations. The smallest units are one-bedroom, one-bath layouts at 579 to 720 square feet, compact enough to be efficient but limited in storage. Mid-size one-bedroom units run to 788 square feet with one bath. The two-bedroom layouts split between 899-square-foot one-bath configurations and 1,012-square-foot two-bath units, which represent the largest and most liquid floor plan in the building. Buyers looking for the most square footage per dollar should focus on the 899-square-foot two-bedroom, one-bath tier, which has a longer sales history and stronger price-per-square-foot data. The 1,012-square-foot two-bed, two-bath units carry the highest price but also the clearest resale ceiling based on recent comps. Building amenities follow standard community parameters. Elevator access is confirmed.

What Buyers Need to Know

HOA fees at Sheffield Ridge have increased over the life of the MLS record. Units that were trading in 2016 with HOA fees around $280 to $340 per month are now showing fees in the $480 to $612 range for the same floor plans. That trajectory matters for buyers who are budgeting long-term carrying costs. Confirm the exact fee for the specific unit in writing before making an offer. The spread across units in the same line suggests individual assessments or fee structures vary, and a listing sheet may not reflect what a buyer will actually owe at closing.

Because Sheffield Ridge was built between 1961 and 1982, buyers should request the reserve fund study and assess whether the association has adequately funded reserves for major building systems. Elevator maintenance, roof, and common mechanical systems in buildings of this age require active reserve planning. Ask for the most recent reserve study, the current reserve balance, and whether any special assessments have been levied in the past five years. Any gap in reserves in a mid-rise or high-rise of this age is a red flag, not a negotiating point.

Resale performance at Sheffield Ridge depends heavily on unit condition and floor plan. The top resale prices have consistently gone to updated two-bed, two-bath units on higher floors. Units that traded at the lower end of the range, including several below $175,000 in the earlier portion of the record, reflect original condition or smaller layouts. Buyers purchasing below the current market median should plan renovation costs into their analysis if they want a competitive resale position. The resale package, which includes governing documents, financials, meeting minutes, and disclosure of any pending litigation or assessment, is required reading before contract. Do not skip it on a building of this age.

Rental rules, pet policy, and owner-occupancy ratios are not confirmed in available data. These details affect both daily living and financing. FHA and conventional lending guidelines require minimum owner-occupancy thresholds, and if Sheffield Ridge’s ratio does not meet those thresholds, buyer financing options may be restricted. Verify these details directly with the association before going under contract. Find current Norwalk homes for sale to compare ownership costs across property types if Sheffield Ridge’s structure does not fit your financing profile.

Buying or Selling at Sheffield Ridge

Sheffield Ridge sits at a price point where the data gap between units is wide enough to create real pricing risk for buyers and sellers who rely on surface-level comparables. A one-bedroom at 720 square feet in original condition is not the same asset as a renovated two-bed, two-bath at 1,012 square feet, even though both are Sheffield Ridge condos. Pricing correctly at this complex requires pulling the right comp tier, not averaging the whole building.

The Engel Team tracks Sheffield Ridge sales and can provide a unit-specific valuation, help buyers identify what is off-market or coming to market, and build an offer strategy based on the actual comp set for a given floor plan and condition level. For sellers, pricing a unit at Sheffield Ridge without a floor-plan-specific analysis leaves money on the table or leads to a price reduction. The spread between the highest and lowest comps in this building is over $200,000. That range does not exist because the market is uncertain. It exists because condition and layout drive outcome here more than at most Norwalk condo complexes. Contact The Engel Team directly to discuss your unit or your search at Sheffield Ridge.

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© 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. Fair Housing Logo