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40 Walnut Street

Monroe, Connecticut 06468

ACTIVE$899,000

Reduced from $1,500,000

Beds
5
Baths
3 | 3
SqFt
5,189
Acres
1.77
Year Built
1961
Matt Caiola

Matt Caiola

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Waterfront3-Car Garage1 FireplacePrice Reduced

About This Home

Welcome to this magnificent custom-built raised ranch known as 40 Walnut Street located in Fairfield County in the Town of Monroe. Monroe is a beautiful community that offers a balanced blend of suburban amenities, many opportunities for recreation, scenic beauty and rural character. Whitney Farms Golf Course is a three-minute drive and features a clubhouse, pro-shop and catering facility for all of your festive gatherings. This 5,189+- square foot home is situated on an expansive 1.77-acre lot which has a massive, relatively level rear yard for recreation. It also features a pond with custom stone embankments. The house is serviced by public water, a septic system and natural gas. The asphalt driveway leads to a 3-car attached garage with one bay presently used as a gym. You enter through a double front door into the foyer that has a vaulted ceiling, marble flooring and a large arched window. The first level consists of a living room with marble flooring, custom overhead lights and a gas fireplace. The kitchen has attractive wood cabinets, marble flooring and window views of the rear yard. Appliances include an inset electric oven in the island for your relaxing cup of coffee. There is also a stainless-steel double oven, microwave, and dishwasher. Adjacent to the kitchen is an informal dining area. One of the most spectacular rooms in the home is the formal dining room with a 2+ story ceiling, oak flooring with inlay, four large arched windows and a custom chandelier

Key Facts

City/Town
Monroe
Neighborhood
N/A
Property / Style
Single Family · Raised Ranch
Year Built
1961
Days on Market
432 days
Beds
5
Baths
3 full · 3 half
Living Area
5,189 sq ft
Lot Size
1.77 acres
Garage / Parking
3 garage
Property Taxes
$16,895 / Annually

Market Snapshot

The Monroe Market

Single Family · trailing 12 months

Median Days on Market

47

42 active listings

Median $ / Sq Ft

$268

42 active listings

Sale-to-List Ratio

100.0%

166 sales

How this home compares

List Price

$899,000

vs $729,450 median

23.2% above median

Price / Sq Ft

$173

vs $268 median

35.4% below median

Days on Market

432 days

vs 47 days median

385 days longer than median

Based on 42 active and 166 closed sales (trailing 12 mo) of single family in Monroe. Source: SmartMLS · As of September 23, 2026.

Location

40 Walnut Street, Monroe, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$6,469

per month

  • Principal & Interest$4,761
  • Property Taxes$1,408
  • Insurance$300
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Monroe
Neighborhood
N/A
County
Fairfield

Residence

Property Type
Single Family
Style
Raised Ranch
Year Built
1961
New Construction
No/Resale
Living Area
5,189 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Gas In Street
Cooling
Central Air
Fireplaces
1
Appliances
Electric CooktopWall OvenDishwasher
Basement
Full
Interior Features
Security System

Exterior & Lot

Lot Size
1.77 acres
Zoning
RF1
Garage / Parking
3 garage spacesAttached Garage
Waterfront
Direct waterfront
Waterfront Details
Pond
Water Source
Public Water In Street
Sewer
Septic
Construction
Vinyl SidingAluminum
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level LotProfessionally LandscapedWater ViewOpen Lot

Listing & Financials

Property Taxes
$16,895 / Annually
Days on Market
432
MLS #
24110750
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Stephen Hodson

(203) 260-1369

Hodson Realty, Inc.

(203) 268-7743

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 9/23/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 9/23/2026 at 2:25 AM UTC.