The Elms Condos in Trumbull, CT

The Elms Condos for Sale

The Elms is a small 55+ condominium community at 500 Main Street in Trumbull, CT. With only 16 units, availability here is infrequent. Turnover is driven by life-stage transitions, and units do not linger when they do appear. Buyers watching this complex should not expect to comparison-shop over multiple open houses. When a unit comes to market, the window is short.

No active listings are verified at this time. Availability changes quickly at a community this size. Contact The Engel Team directly to monitor The Elms and get notified before units hit public search portals.

Recently Sold at The Elms

MLS data shows 13 closed sales at The Elms. Sale prices ranged from $109,000 to $1,995,000, with a median of $955,000. Unit sizes ranged from 586 to 3,850 square feet. The median price per square foot was approximately $475/SF. The $109,000 sale at 586 square feet and the $1,995,000 sale at 3,850 square feet represent the extreme ends of the unit mix, not typical comps for mid-range buyers. Most transactions fell between $800,000 and $1,400,000 for two- and three-bedroom units in the 1,550 to 2,800 square foot range.

Note: Several tax records show placeholder values of $999,999 or $9,999,999. Those are data artifacts, not actual assessed taxes. Buyers must pull the current mill rate from the Trumbull assessor directly before calculating carrying costs. The most recent verified tax figure for a comparable unit, APT 3 sold in March 2026, was $16,169 annually on a 2-bed, 2-bath at 1,648 square feet.

About The Elms

The Elms is a 55+ condominium community at 500 Main Street in Trumbull, built between 2005 and 2008. At 16 total units, it is one of the smallest age-restricted communities in Trumbull and has a correspondingly intimate feel. The complex is positioned along Main Street, a central Trumbull corridor with easy access to Trumbull Town Center and the Madison at Trumbull shopping area, both within a short drive. The building style includes both apartment and townhouse-style configurations, with some single-family detached units in the mix. That range of structure types within a single 16-unit community is unusual and gives buyers more layout diversity than the unit count alone suggests.

The Elms is not a sprawling 55+ campus. It does not have a clubhouse, a fitness center, or managed grounds programming. What it offers is a small, established community with garage parking, a pool, and tennis, built during a period when Trumbull was seeing a real push in condominium development for downsizing buyers who wanted to stay in the town where they raised families.

Homes and Layouts at The Elms

Verified MLS sales show unit sizes ranging from 586 to 3,850 square feet across the 16-unit community, which is a wider range than most buyers expect in a complex this small. The typical buyer at The Elms is looking at 2-bedroom, 2-bathroom units in the 1,550 to 2,200 square foot range, which represent the bulk of transactions on record. Three-bedroom units, some with four or five bathrooms, exist at the larger end of the building and have sold between $1,300,000 and $1,995,000 based on MLS data. The smaller 1-bedroom, 1-bathroom unit at 586 square feet is an outlier in this inventory and likely represents a distinct condominium structure within the community rather than a typical residential offering.

Garage parking is included in the complex. The pool and tennis amenities are on-site. Outdoor space varies by unit type. Buyers interested in townhouse-style configurations should clarify entry style, floor plan, and any private outdoor area before making assumptions based on square footage alone.

What Buyers Need to Know

The listed HOA fee is $525 per month, though verified sales data shows fees ranging from $286 to $933 depending on the unit. That spread is significant in a 16-unit building and suggests either different unit classifications with separate fee structures or fee increases over time as the complex has aged. Buyers should request the current fee schedule by unit and confirm what it covers before finalizing any offer.

The Elms was built between 2005 and 2008, making it roughly 17 to 20 years old. At that age, buyers should request the reserve study and ask specifically whether the association has assessed for roof, mechanical, or exterior replacements. A 16-unit community has a narrow contribution base. If reserves are underfunded and a major repair is scheduled, the per-unit assessment exposure is real. Get the reserve fund balance and the most recent budget before committing.

Because this is a 55+ community, at least one occupant per unit must meet the age threshold. Buyers who are purchasing for a parent or relative, or who are not yet 55 themselves, need to confirm eligibility requirements directly with the association. Rental rules in 55+ communities are often more restrictive than in standard condominiums, and buyer-occupancy requirements may limit resale flexibility. Ask for the declaration and bylaws at the start of due diligence, not at the end.

Resale potential at The Elms is tied to the scarcity of age-restricted inventory in Trumbull generally. The town’s overall condo market is lean, and 55+ options specifically are limited. The March 2026 sale of APT 3 at $1,005,000 for 1,648 square feet suggests the market for well-priced units here remains active. For a current valuation of a specific unit, or to understand resale value relative to other Trumbull condos, contact The Engel Team directly.

No flood zone concerns are associated with this Main Street address, but buyers should confirm with the association whether the building carries a master policy and what individual unit owners are responsible for insuring separately. In a small community, master policy terms can vary significantly from larger managed developments.

Buying or Selling at The Elms

Pricing a unit at The Elms accurately requires understanding which end of the building you are selling, what the current HOA fee is for that specific unit, and where the reserve fund stands. The price-per-square-foot spread across 13 sales, from well under $200/SF at the low end to over $500/SF for the largest three-bedroom units, means comps here are not interchangeable. The wrong comp set produces the wrong price.

The Engel Team tracks Trumbull CT condos closely and can provide off-market monitoring for buyers who do not want to wait for public listings at a community with 16 units and infrequent turnover. For sellers, the right strategy is a targeted presentation to buyers already focused on 55+ options in Trumbull, not a broad public campaign that generates unqualified traffic.

If you are considering a unit at The Elms, or preparing to list one, contact The Engel Team for a specific valuation and a clear read on where this complex fits within the broader Trumbull homes for sale market. This is a small building. Every transaction here is a meaningful data point, and getting the price wrong in either direction has real consequences.