Silver Ledge Condos for Sale

Silver Ledge is a small condominium community with only 20 units, and that size works against buyers who wait. Turnover here is infrequent. The MLS shows 16 recorded sales across the history of the complex, which averages to fewer than two per year. When a unit does come to market, it tends to move. If you are tracking Silver Ledge specifically, availability changes quickly and the best approach is to set up an alert or contact The Engel Team’s Norwalk real estate desk directly. The broader Norwalk condo market has seen inventory tighten, with overall residential inventory down roughly 10.6% in early 2025 compared to 2024. That pressure applies here, where the unit count is already limited.

Recently Sold at Silver Ledge

Sixteen MLS sales give a clear picture of what Silver Ledge units actually trade for. Closed prices have ranged from $427,000 to $625,000, with a median of $557,500. Unit sizes recorded in those transactions ranged from 1,754 to 2,532 square feet, and the median price per square foot came in at approximately $256/SF. Most sales involved 3-bedroom, 3-bathroom or 3-bedroom, 4-bathroom configurations.

The four most recent sales tell the cleaner story:

Unit	Date	Price	Bed/Bath	SqFt	HOA/mo	Tax/yr
B	08/11/2023	$625,000	3/3	2,062	$300	$7,898
A	02/10/2023	$575,000	3/3	1,754	$300	$7,545
B	01/17/2023	$600,000	3/4	2,114	$300	$7,728
B	07/29/2022	$600,000	3/3	2,532	$325	$7,656

The three 2023 sales — ranging from $575,000 to $625,000 — represent the most reliable comps for current pricing. Note that HOA fees recorded in those sales were $300/month, slightly above the current posted rate of $265/month. Buyers should confirm the current fee directly with the association. Two older records show anomalous tax figures ($99 and $99,999) that appear to be data entry errors. Verify actual tax liability through the Norwalk assessor for any unit under consideration.

The full sales history going back to 2015 shows prices rising steadily from the mid-$400s to the low-$600s. That is a meaningful trajectory for a 20-unit townhouse community. Explore more Norwalk CT condos to benchmark Silver Ledge against the broader market.

About Silver Ledge

Silver Ledge sits at 63 Aiken Street in Norwalk, CT, a location that puts residents in the middle of the city rather than on its edges. The complex contains 20 townhouse-style units, which is small enough to function more like a private enclave than a standard condominium development. The scale matters: a 20-unit association has lower administrative overhead, fewer competing agendas among owners, and a more manageable reserve picture than a 200-unit high-rise. It also means there is limited historical data for pricing comparisons, which makes working with someone who tracks Norwalk condo sales closely more important than it would be in a larger building.

What sets Silver Ledge apart from other Norwalk condominium options is primarily the townhouse format. These are not flats stacked in a corridor. Each unit has its own vertical footprint, which changes the daily experience considerably.

Homes and Layouts at Silver Ledge

Every sale recorded in the MLS involved a 3-bedroom unit, with bathroom counts split between 3-bath and 4-bath configurations. Square footage across recorded sales ranged from 1,754 to 2,532 square feet, which is a wider range than you typically see in a single complex. That variance likely reflects differences between the A and B unit types referenced throughout the sales history. The MLS consistently designates units as either A or B, suggesting two distinct floor plan types are available within the 20-unit community.

The townhouse style means buyers should expect a multi-level layout: living and kitchen on one floor, bedrooms above, and potentially a lower-level garage or entry. Parking arrangements for townhouse communities in Norwalk vary, so confirm the number of dedicated spaces per unit and whether guest parking is available on-site. Outdoor space, if any, is typically a small patio or deck associated with individual units rather than shared grounds.

What Buyers Need to Know

The HOA fee is currently listed at $265/month. The three most recent MLS sales recorded $300/month, which suggests either a fee reduction occurred or the figures reflect different assessment periods. Get the current fee schedule and the most recent reserve study from the seller before signing anything. In a 20-unit community, reserves are funded by a small pool of owners. If the building has deferred maintenance on roofing, siding, or mechanical systems, the per-unit exposure to a special assessment is proportionally higher than it would be in a larger development.

Resale performance at Silver Ledge has been solid. The median closed price of $557,500 sits well above the Norwalk-wide median of $660,000 for all property types when you adjust for the condominium category, and the price-per-square-foot history suggests consistent demand. That resale strength is worth protecting by reviewing the association’s financial statements carefully before purchase. Ask specifically whether any special assessments have been levied in the past five years and whether any are currently planned.

For units carrying anomalous tax records in the MLS, confirm the actual assessed value and annual tax bill with the Norwalk tax assessor directly. Do not rely on listed figures for units where the MLS shows obvious data errors.

Rental restrictions, pet policies, and owner-occupancy ratios are not publicly documented in the available data for Silver Ledge. Request the association bylaws, rules and regulations, and meeting minutes from the last two years as part of standard due diligence. Lender financing eligibility can be affected by owner-occupancy ratios in small associations, so if you are financing the purchase, have your lender run a condo approval check early in the process.

Renovation variation between units is also worth examining. In a complex with sales spanning from 2015 to 2023, some units have been updated and some have not. The price spread between $427,000 and $625,000 partly reflects condition differences. Know what you are buying before assuming a lower price means comparable value.

Buying or Selling at Silver Ledge

With only 20 units and fewer than two sales per year on average, timing matters at Silver Ledge. Buyers who are serious about this complex should not wait for a listing to appear publicly. Off-market monitoring and direct owner outreach are often the only way to get ahead of competition in a community this size.

Sellers at Silver Ledge have a clear pricing ceiling from recent comps and a meaningful floor that has held up over time. The 2023 sales at $575,000 to $625,000 set a defensible range, but condition and unit type will drive where a specific unit lands within that spread.

The Engel Team tracks Norwalk homes for sale across all property types and can provide a unit-specific valuation based on floor plan, condition, and the most current comparable sales. Whether you are buying your first unit here or selling after years of ownership, contact the team directly for a no-obligation consultation on pricing strategy and timing.

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