Sterling Lake Condos for Sale

Sterling Lake is a 12-unit gated community on Turn of River Road in Stamford. With only 12 homes in the entire complex, availability here is not predictable. Units have sold in clusters and then gone quiet for years. Buyers who wait for an active listing to appear publicly often miss their window. If you are tracking Sterling Lake, the right move is to stay ahead of the market rather than react to it. Contact The Engel Team’s Stamford real estate desk directly to be notified when a unit becomes available, including any off-market movement.

Recently Sold at Sterling Lake

MLS records show 10 sales at Sterling Lake since 2016. Closed prices ranged from $848,200 to $1,595,000, with a median sale price of $912,500. Unit sizes ranged from 3,351 to 5,901 square feet, and the median price per square foot across recorded sales was approximately $253/SF. The most recent sale, Unit 12, closed in August 2025 at $1,595,000 for a 3,971-square-foot home with 4 bedrooms and 5 baths. That sale represents a meaningful step up from the cluster of sales between $848,000 and $925,000 that occurred in 2020 and 2021, signaling that buyer demand for this pocket of Stamford has not softened.

Unit	Date	Price	Bed/Bath	SqFt	HOA/mo	Tax/yr
12	08/11/2025	$1,595,000	4/5	3,971	–	$15,808
8	03/01/2021	$865,000	5/5	5,901	$566	$15,260
9	01/12/2021	$900,000	4/4	3,412	$567	$14,076
03	10/28/2020	$848,200	3/4	3,351	$567	$14,788
1	08/31/2020	$860,000	3/4	4,350	$567	$13,763
11	08/24/2020	$925,000	3/4	3,655	–	$14,634
10	06/10/2020	$1,015,000	4/5	5,140	–	$15,635
1	07/11/2018	$898,750	3/4	4,351	$500	$14,537
5	01/06/2017	$1,005,000	3/3	3,750	–	$17,931
6	05/02/2016	$1,094,700	4/5	4,207	–	$15,993

The variance in square footage is notable. At 3,351 square feet on the low end and 5,901 on the high end, buyers are not comparing identical units. A price-per-square-foot analysis matters here more than at most complexes. The $253/SF median is a useful starting reference, but individual units with pond views, upgraded interiors, or larger garages have sold well above that figure.

About Sterling Lake

Sterling Lake sits at 181 Turn of River Road in a part of Stamford that does not look or feel like the rest of the city. The Turn of River area runs along the northern edge of Stamford, where the density drops and the landscape opens up. The complex was built between 1994 and 1998 and consists of just 12 homes behind a private gate. That gate matters. Sterling Lake is not a condo building or a traditional condominium development in the stacked-flat sense. It is a collection of townhouse and single-family detached residences sharing a gated entry and a pond. The setting is quiet. The footprint is small. Owners here are not sharing elevator banks or lobby corridors with dozens of strangers. They are in a private enclave with a legitimate water feature on site. For buyers comparing Sterling Lake against other Stamford CT condos, the scale difference alone is significant.

Homes and Layouts at Sterling Lake

Units at Sterling Lake are large by any measure. MLS sales data confirms square footage ranging from 3,351 to 5,901 square feet, with most units landing in the 3,400 to 4,400 square foot range. Bedroom counts in recorded sales have run from 3 to 5 bedrooms, with baths ranging from 3 to 5. The building style, townhouse and single-family detached, means buyers are generally getting a vertical floor plan with private entry, dedicated garage parking, and outdoor space. These are not small urban condominiums. The square footage here competes with standalone houses, which is part of the appeal for buyers downsizing from a large home but not willing to give up the space or the privacy. Exact floor plans vary by unit. Buyers should request as-built layouts and confirm garage configuration, basement finish level, and outdoor space allocation for any specific unit before writing an offer.

What Buyers Need to Know

The HOA fee at Sterling Lake is $567/month based on recorded sales data. Annual property taxes across recent sales have ranged from $13,763 to $17,931 per year, with most units falling in the $14,000 to $16,000 range. These are meaningful carrying costs and buyers should underwrite them carefully.

Pets are permitted at Sterling Lake. That is a confirmed fact for the complex, which matters to buyers with dogs or larger animals who often find pet restrictions at comparable gated communities in the area.

Because Sterling Lake includes a pond and the Turn of River area sits in a terrain with natural water features, buyers should investigate flood zone classification for the specific unit they are purchasing. Even within a small complex, flood zone designation can vary by lot position. Flood insurance requirements and premiums should be confirmed with an independent insurance agent before committing to a unit.

With only 12 units in the association, reserve fund health is critical. A small association with underfunded reserves can face special assessments that hit individual owners hard. Buyers must request the current reserve study, the most recent budget, the HOA meeting minutes from the last two years, and the master insurance policy as part of any due diligence package. Renovation variation between units is also worth examining. Homes built between 1994 and 1998 have had 25 to 30 years of individual ownership, and finish quality will differ significantly from unit to unit. Kitchen, bath, mechanical system age, and roof condition should all be independently verified.

Resale performance at Sterling Lake has been consistent over the 10 recorded sales, with no unit selling at a significant loss relative to prior sales. Resale value here is supported by the gated format, the pond setting, the large square footages, and the scarcity of similar product in Stamford. Buyers should understand that resale packaging, meaning what you disclose, how you price, and how a unit shows relative to others, matters in a 12-unit community where comparable sales are genuinely thin.

Rental and owner-occupancy rules should be confirmed directly with the HOA management company. With only 12 units, lender scrutiny on owner-occupancy ratios can affect financing terms for buyers who are not putting down 20 percent or more.

Buying or Selling at Sterling Lake

Pricing a unit at Sterling Lake accurately is not straightforward. The sales record covers a wide range of unit sizes, bedroom counts, and finish levels, and the gap between the lowest and highest recorded sale is over $700,000. A seller who prices based on the median without accounting for their unit’s size, condition, and pond positioning will leave money on the table or sit unsold. A buyer who assumes all units trade at the same per-square-foot figure will either overpay or miss the right unit entirely.

The Engel Team works the Stamford homes for sale market directly and tracks small gated communities like Sterling Lake closely. If you are considering selling here, the starting point is a unit-specific valuation that accounts for the actual comp set, not just the last sale in the complex. If you are a buyer, the right strategy is to be positioned before a unit hits the open market, because 12-unit communities with this profile do not sit. Reach out to The Engel Team to discuss current availability, off-market opportunities, and what a specific unit at Sterling Lake is actually worth in today’s market.

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