318 Mountain Road
Ridgefield, CT, 06877 $ 587,000
Bedrooms2 Baths1.0 Sq 1,475 Monthly Estimate*
$ 3,706
for $587,000 with 2 bedrooms and 1 full bath. This 1,475 square foot home was built in 1940 on a lot size of 0.18.
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. Room Measurements are approximate.
See more
FeaturesGeneralZoning RA
Neighborhood N/A
County Fairfield
Tax Year July 2025-June 2026
Property Type Single Family For Sale
Status Under Contract
Acres 0.18
Directions Bennett's Farm to Mountain Road
High School Ridgefield
City Ridgefield
Elementary School Per Board of Ed
Sq Ft Total 1475
DOM 48
Year Built 1940
Style Ranch
Year Built Source Public Records
See more
InteriorCooling System Central Air
Total Rooms 4
Basement Description Partial Heated Garage Access Partially Finished Walk-out Liveable Space Partial With Walk-Out
See more
ExteriorWater Source Private Well
Lot Description Lightly Wooded Cleared Water View
See more
* Excluded FeaturesList ByHeather LindgrenListing Agent
Coldwell Banker RealtyBroker
heather.lindgren@cbrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,706
- Monthly Property Taxes
- $538
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Ridgefield, CT
Average List Price $1,522,156
Percent of Sale Price 159%
About Ridgefield, CT 25,291 Population
7% Since 2002
$ 145,219 Median Income
47 Median Age
40% Households with Children
Trends Information provided by ATTOM Data Solutions.
3041627 Elementary School
4801184 Middle School
Ridgefield High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/5/2026 | $587,000 | | Listed Price |