Address: 59 Prospect Street, Ridgefield, CT
Total Units: 12
Year Built: 1900–1995
Bedrooms: 3
Building Style: Townhouse / Ranch
Verified Price Range: $419,000–$568,000 (MLS sales)
Median Sale Price: $460,000
HOA Fee: $575/month
Property Tax: $9,129/year (typical)
Wisteria Gardens is a 12-unit complex, and at that size, active listings are rare. When a unit comes available here, it does not sit. Buyers tracking Ridgefield CT condos should understand that small complexes like this operate differently than larger developments: there is no steady pipeline of inventory, no predictable turnover cycle, and no off-season advantage. If a unit opens up, the window is short. Contact The Engel Team directly to be notified when a unit at Wisteria Gardens becomes available, including any off-market movement before a listing goes live.
MLS records show five confirmed sales at Wisteria Gardens. Prices ranged from $419,000 to $568,000, with a median of $460,000. Units ranged from 1,647 to 2,536 square feet, with a median price per square foot of approximately $211. All five sales were 3-bedroom units.
| Unit | Date | Price | Bed/Bath | SqFt | HOA/mo | Tax/yr |
|---|---|---|---|---|---|---|
| A | 05/14/2021 | $568,000 | 3/2 | 1,647 | $575 | $8,940 |
| E | 01/22/2019 | $495,000 | 3/3 | 2,343 | $575 | $9,991 |
| D | 12/03/2017 | $419,000 | 3/3 | 2,343 | $10,052 | |
| J | 10/19/2015 | $460,000 | 3/3 | 1,763 | $9,019 | |
| K | 07/23/2015 | $460,000 | 3/3 | 2,536 | $9,129 |
Two things stand out in this sales history. First, the highest price in the dataset, $568,000 for Unit A in 2021, was also the smallest unit at 1,647 square feet. That works out to roughly $345 per square foot, well above the complex median of $211. Second, the two 2015 sales at identical prices but very different square footages suggest that condition and finish matter more than raw size at this complex. Buyers using these comps to anchor a current offer should factor in where the broader Ridgefield condo market has moved since 2021.
Wisteria Gardens sits at 59 Prospect Street in Ridgefield, CT, within walking distance of the Ridgefield train station. The complex has 12 units, a small footprint that keeps the association manageable and the community tight. Construction spans from 1900 to 1995, a range that reflects either a long build-out period or a mix of original structures and later renovation. Buyers should clarify with the association which units fall under which construction era, since building systems, insulation, and structural standards can vary significantly across that span. The train station at this complex’s doorstep connects directly to New York City, with a total commute of roughly one hour and thirty minutes. For buyers following Ridgefield CT real estate, Wisteria Gardens is one of the few condominium options that puts the station within walking range without requiring a car drop-off.
Every verified sale at Wisteria Gardens has been a 3-bedroom unit, either with 2 or 3 bathrooms. Square footage across the five MLS sales ranged from 1,647 to 2,536 square feet, a meaningful spread that suggests the units are not uniform. The building is classified as townhouse-style with a ranch character, meaning buyers should expect vertical layouts in some units and single-level or low-step configurations in others. Confirm ceiling heights, stair count, and entry-level access before committing, especially for buyers prioritizing easier mobility. Garage parking is included, which is not standard across all Ridgefield condo options. Outdoor space details should be confirmed with the seller or association, as lot-line boundaries and private patio areas vary by unit in complexes this size.
The HOA fee at Wisteria Gardens is $575 per month. That figure appears in the two most recent MLS sales (2019 and 2021) and is consistent enough to treat as the current baseline, though buyers should request a current fee schedule directly from the association before making any assumptions. Property taxes on recent sales have ranged from $8,940 to $10,052 annually, with the complex median at $9,129.
With only 12 units, the reserve fund is the most important document a buyer can request. Small associations carry concentrated risk: one major building repair, a roof replacement, or a failed mechanical system can trigger a special assessment that falls on a small pool of owners. Ask for the most recent reserve study, a three-year history of association financials, and any pending or completed special assessments. If no reserve study exists, that is itself a material fact worth weighing.
The construction range of 1900 to 1995 raises legitimate due diligence questions. Older structures in this era can carry lead paint, outdated electrical panels, and original plumbing that has never been replaced. Even where units have been updated cosmetically, buyers should commission a thorough inspection and ask specifically about shared building systems. Renovation quality varies unit to unit in a complex this size, and the price difference between a fully updated unit and an unrenovated one should be reflected in the offer.
Rental restrictions, pet policies, and owner-occupancy ratios are not publicly confirmed for Wisteria Gardens. Buyers financing through conventional or FHA loans should verify the owner-occupancy percentage with the association before proceeding, as occupancy ratios below lender thresholds can limit financing options. Resale package requirements in Connecticut typically include meeting minutes, financial statements, and the current declaration and bylaws. Review the resale package carefully, particularly for any pending litigation or deferred maintenance disclosures.
Five sales over several years in a 12-unit complex means comps are thin. That works in different directions depending on which side of the transaction you are on. Sellers benefit from limited supply and no direct competition within the building. Buyers need to work harder to establish fair value, since the most recent sale is now several years old and the Ridgefield condo market has shifted. The Engel Team tracks Ridgefield homes for sale across all property types and can provide a current valuation analysis specific to Wisteria Gardens, drawing on broader condo comps in the area when building-specific data is limited.
For sellers, the walkability to the train station and the garage parking are the two strongest negotiating points in this building. Both features narrow the buyer pool toward commuters, and commuter-focused buyers tend to pay for convenience rather than discount for age. Pricing a unit here requires understanding that audience, not just pulling a price-per-square-foot average from the last sale.
If you are tracking Wisteria Gardens, whether as a potential buyer waiting for inventory or as an owner considering a sale, reach out to The Engel Team directly. In a 12-unit building, the best opportunities often move before a listing is formally marketed.
© 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. 
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