Lyon Farm Condos for Sale

Lyon Farm does not trade frequently. At 140 units in a gated setting with owners who typically purchase and stay, turnover is limited in most calendar years. When a unit does come to market, it tends to move. Buyers monitoring this complex should not expect a long window between listing and contract. If you are looking for available Greenwich CT condos at Lyon Farm specifically, the best approach is to be active before something hits the public MLS. The Engel Team tracks this complex directly and can notify you when a unit becomes available, including off-market situations where a seller is testing interest before listing formally.

Recently Sold at Lyon Farm

MLS records show one verified condominium sale at Lyon Farm in the available dataset. That sale closed on October 13, 2016, at $1,840,000 for unit 612, a 3-bedroom, 3-bathroom unit measuring 2,629 square feet. The price per square foot on that transaction was approximately $700.

Unit	Date	Price	Bed/Bath	SqFt	HOA/mo	Tax/yr
612	10/13/2016	$1,840,000	3/3	2,629	data not available	$9,656

One verified sale makes pricing analysis thin. Buyers should not assume that $700 per square foot is the current market rate. Greenwich has moved considerably since 2016, and a contemporary gated complex with this footprint and these amenities would likely trade at a meaningfully different level today. Before making an offer or setting a listing price, buyers and sellers alike need a current comparative analysis drawn from similar gated and private condominium communities across Greenwich CT real estate. Thin comps make pricing more complex, not less important.

About Lyon Farm

Lyon Farm is a gated condominium community built between 1975 and 1977, comprising 140 units in a contemporary architectural style. The address is 612 Lyon Farm, Greenwich, CT. The complex is set within its own private enclave, which separates it from the open-market feel of most mid-size condominium buildings in town. Gated access, a putting green, a pool, a clubhouse, and a park set Lyon Farm apart from the majority of Greenwich condo options, which tend to be either downtown apartment-style buildings or smaller townhouse clusters without this level of common amenity infrastructure. For a community of this size, built in the mid-1970s, the presence of a putting green is a specific differentiator that signals a particular buyer demographic from the outset. Lyon Farm is not the newest product in Greenwich, but it offers a scale and amenity package that newer smaller complexes rarely replicate.

Homes and Layouts at Lyon Farm

Units at Lyon Farm are offered in 2-bedroom, 3-bedroom, and 4-bedroom configurations. The one verified sale on record was a 3-bedroom, 3-bathroom unit at 2,629 square feet, which gives a reasonable baseline for the mid-range unit size within the complex. The contemporary style suggests open-plan living areas and architectural lines that were considered forward-thinking at the time of construction and have aged reasonably well compared to more traditional condo designs of the same era. As a gated community rather than a high-rise or elevator building, units at Lyon Farm likely include private or assigned parking and some degree of exterior outdoor space, though buyers should confirm the specific unit configuration, parking arrangement, and outdoor area with the seller’s disclosure package before proceeding. Floor plans and layouts can vary meaningfully across 140 units built over a two-year period, and renovation history will differ from unit to unit.

What Buyers Need to Know

HOA fees for Lyon Farm are not available in the current dataset. This is a critical number for any buyer to obtain before submitting an offer. For a 140-unit community with a pool, clubhouse, putting green, and park, monthly carrying costs will be a real factor in total cost of ownership. Request the current HOA fee schedule, the most recent reserve study, and any history of special assessments. Buildings constructed in 1975–1977 are now approaching 50 years old. That means buyers need to ask direct questions about the condition of major building systems, including roofing, mechanical systems, exterior envelope, and pool infrastructure. A well-funded reserve can absorb deferred maintenance without special assessments. A thin reserve cannot.

The resale package, which in Connecticut typically includes the budget, reserve study, meeting minutes, and governing documents, is required before closing and gives buyers the clearest picture of the association’s financial health. Review it carefully. If the minutes reflect ongoing disputes, deferred projects, or repeated special assessment discussions, that is relevant to resale value and long-term ownership cost. The property tax on the verified sale was $9,656 per year, which buyers can use as a baseline, though individual unit assessments will vary based on size and configuration. Greenwich taxes at a rate of 12.04 mills, and any recent sale will trigger reassessment.

Buyers should also confirm the rental policy, pet policy, and owner-occupancy ratio before committing. Lender financing terms for condominium purchases are sensitive to investor concentration, and a complex with a high percentage of rental units can affect what loan products are available. If Lyon Farm has restrictions on short-term or long-term rentals, those rules affect both your use of the unit and the buyer pool when you eventually sell.

Buying or Selling at Lyon Farm

Pricing a unit at Lyon Farm accurately requires more than pulling the one available MLS comp. It requires a read on current gated community demand across Greenwich, an understanding of how this complex’s size and amenity profile compares to alternatives, and a direct knowledge of what buyers in this price range are expecting in terms of condition and finish. The verified median sale price from available MLS data is $1,840,000. Current market conditions in Greenwich homes for sale suggest that number as a floor rather than a ceiling for a well-maintained 3-bedroom unit, but exact valuation depends on individual unit condition, layout, and any upgrades completed since the original construction.

For sellers, the gated setting and the putting green are legitimate differentiators that belong in the marketing narrative. Buyers at this price point are comparing Lyon Farm against other private communities and single-family alternatives in Greenwich. Knowing how to position this complex against those options is where experienced representation matters.

The Engel Team works this market directly. If you are considering a purchase at Lyon Farm, we can monitor for off-market availability, run a comparative analysis against current gated community sales in Greenwich, and walk you through the due diligence required for a building of this age and size. If you are selling, we can provide a current valuation and a plan for reaching the buyers who are actively looking for exactly what Lyon Farm offers. Contact The Engel Team to start that conversation.

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