318 Mountain Rd

Ridgefield, CT 06877

$587,000
Price
2
Beds
1,475 Sq. Ft.
$398 / Sq. Ft.
1,475
Sq. Ft.
$398
per Sq. Ft.
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Description

Looking for an affordable single-family home in Ridgefield? 318 Mountain Road offers a rare opportunity to own at Rainbow Lake, one of Connecticut's most sought-after communities at an attractive price point. Thoughtfully renovated, move-in ready, with an open-concept living, dining, and kitchen area anchored by a striking stone fireplace and filled with natural light from oversized picture windows offering seasonal lake views. The renovated kitchen features a center island, modern finishes, new...Looking for an affordable single-family home in Ridgefield? 318 Mountain Road offers a rare opportunity to own at Rainbow Lake, one of Connecticut's most sought-after communities at an attractive price point. Thoughtfully renovated, move-in ready, with an open-concept living, dining, and kitchen area anchored by a striking stone fireplace and filled with natural light from oversized picture windows offering seasonal lake views. The renovated kitchen features a center island, modern finishes, new appliances and quartz countertops with a seamless flow for everyday living and entertaining. Additional updates include new hardwood flooring, fresh interior paint, a stylishly renovated bathroom, newly installed central air conditioning (2025), a new forced hot air heating system, and a new water heater. The primary bedroom opens to a private deck overlooking the peaceful property, while both bedrooms enjoy abundant natural light. The newly finished lower level adds valuable flexible living space ideal for recreation, work-from-home needs, hobbies, or guests. Rainbow Lake rights provide access to swimming, kayaking, fishing, and nearby trails. Whether you're seeking a full-time residence, weekend retreat, or a low-maintenance lifestyle this updated home offers a rare combination of comfort, style, and access to nature. The hard work has already been been done, creating a seamless transition for its next owner. Simply unpack and start enjoying this special home and community.

Property Details for 318 Mountain Road

Basement Description
Partial, Heated, Garage Access, Partially Finished, Walk-out, Liveable Space, Partial With Walk-Out
Direct Waterfront
No
Garages Number
1
Neighborhood
N/A
Style
Ranch
Garage Parking Info
Under House Garage
Swimming Pool
No
LISTING UPDATED: 06/10/2026 08:11 PM

Property Details for 318 Mountain Road

StatusActive
MLS #24172905
Days on Market40
Taxes$6,450 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built1940
Lot Size0.18 AC / 7,840 SF
CountyFairfield County
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Location

Listing Courtesy of Coldwell Banker Realty, Heather Lindgren; Coldwell Banker Realty, Debbie Gore
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Building Information for 318 Mountain Road

Stories-Year Built1940Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

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$3,463 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,925

Property Taxes

$538

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 318 Mountain Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Bennett's Farm to Mountain Road
  • Elementary School: Per Board of Ed
  • High School: Ridgefield
  • Latitude: 41.341047
  • Longitude: -73.500018
  • Neighborhood Amenities: Lake, Library, Park, Public Rec Facilities
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $6,450
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Walk to Water, Association Optional, View
Interior Features
  • Appliances Included: Oven/Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Attic Description: Storage Space, Pull-Down Stairs
  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 1
  • Interior Features: Auto Garage Door Opener
  • Laundry Room Info: Lower Level
  • Laundry Room Location: Lower Level
  • Rooms Total: 4
Room 1
  • Room Entry Order: 1
  • Room Features: Bay/Bow Window,Fireplace,Hardwood Floor
  • Room Length: 30.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 20.0
Room 2
  • Room Entry Order: 2
  • Room Features: Remodeled,Bay/Bow Window,Quartz Counters,Island,Hardwood Floor
  • Room Length: 28.0
  • Room Level: Main
  • Room Type: Eat-In Kitchen
  • Room Width: 19.0
Room 3
  • Room Entry Order: 3
  • Room Features: Balcony/Deck,Sliders,Hardwood Floor
  • Room Length: 12.0
  • Room Level: Main
  • Room Type: Primary Bedroom
  • Room Width: 10.0
Room 4
  • Room Entry Order: 4
  • Room Features: Hardwood Floor
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Bedroom
  • Room Width: 10.0
Property
Property and Assessments
  • Color: Gray
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Fuel Tank Location: Above Ground
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1940
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Est Heated Below Grade: 545
  • Living Area SQFT Per Public Records: 930
Lot Information
  • Lot Description: Lightly Wooded, Cleared, Water View
  • Parcel Number: 276807
  • Sq Ft Est Heated Above Grade: 930.0
  • Sq Ft Total: 1475.0
  • Zoning: RA
Utilities
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane, Domestic
  • Sewage System: Septic
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Occupied By: Owner

Property History for 318 Mountain Road

DateEvent & SourcePriceAppreciation
Feb 7, 2025

Closed (Public Record)

Public Record #1551142243

$460,000

+6.2% / yr

Jul 8, 2009

Closed (Public Record)

Public Record #273557032

$180,000—
DateEvent & SourcePrice
02/07/2025

Closed (Public Record)

Public Record #1551142243

$460,000

+6.2% / yr

07/08/2009

Closed (Public Record)

Public Record #273557032

$180,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 318 Mountain Road

Taxable ValueLand$182,000Additions$53,480Total$235,480
Tax Record2024$6,450 ($538 / month)
Home Facts
Beds2Baths1Total Finished SqFt930 SqFtAbove Grade Finished SqFt930 SqFtUnfinished Basement SqFt930 SqFtStories1Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1979ZoningRACountyWESTERN CONNECTICUTAPNRIDG M:E06 B:0031Fireplace TypeHas Fireplace

Schools near 318 Mountain Road

This home is within Ridgefield School District.
Rating
School
Type
Grades
Distance
Ridgebury Elementary School
Public - PK to 5
Scotts Ridge Middle School
Public - 6 to 8
Ridgefield High School
Public - 9 to 12
District Program Res
Public - 3 to 5
Rating
School
Distance
Ridgebury Elementary School
PublicPK to 5

Scotts Ridge Middle School
Public6 to 8

Ridgefield High School
Public9 to 12

District Program Res
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 318 Mountain Road, Ridgefield, CT 06877

318 Mountain Road is a single family home for sale in Ridgefield, CT 06877. This property was listed for sale on May 5, 2026 by Coldwell Banker Realty, it's currently listed at $587,000. It has been on the market for a total of 40 days and was last sold on February 7, 2025. This listing's school district is Ridgefield School District. Nearby schools include Ridgebury Elementary School, Scotts Ridge Middle School and Ridgefield High School. 318 Mountain Road is a 2-bed, 1-bath, 1,475 sqft single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty, Heather Lindgren; Coldwell Banker Realty, Debbie Gore

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.