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16 Founders Way

Monroe, Connecticut 06468

PENDING$979,000

Reduced from $1,049,999

Beds
5
Baths
2 | 1
SqFt
4,931
Acres
1.00
Year Built
1994
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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Pool2-Car Garage1 FireplacePrice Reduced

About This Home

Welcome to this exceptional 5 BR, 2.5 bath custom-built colonial tucked away on a desirable cul-de-sac in one of Monroe's most sought-after neighborhoods. Offering an ideal blend of elegance, functionality, and modern updates, this spacious home is designed for today's lifestyle. A grand two-story foyer welcomes you inside with a stunning herringbone entryway and a double staircase that makes an unforgettable first impression. The impressive two-story living room is filled with natural light, while 9-foot ceilings and beautiful wide plank white oak flooring throughout the main level create an open, sophisticated atmosphere. The updated kitchen serves as the heart of the home and flows seamlessly into the surrounding living space. A versatile main level room offers the potential for a 6th BR, den, office / playroom. Upstairs, retreat to the expansive primary suite featuring a cathedral ceiling, generous WIC, & private bath. 4 additional oversized bedrooms provide plenty of room for family / guests. The finished LL offers additional living space with turf flooring, a dedicated gym area, and a rec / playroom, creating possibilities for fitness, entertaining, or relaxing. Step outside to your private backyard featuring a large deck overlooking the above ground pool, perfect for summer gatherings. Extensively updated with 36 replacement windows (2020) new oil tank. Conveniently located close to award winning schools, Wolfe Park & major commuter routes.

Key Facts

City/Town
Monroe
Neighborhood
Monroe Center
Property / Style
Single Family · Colonial
Year Built
1994
Days on Market
77 days
Beds
5
Baths
2 full · 1 half
Living Area
4,931 sq ft
Lot Size
1.00 acres
Garage / Parking
2 garage
Property Taxes
$17,731 / 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

$979,000

vs $729,450 median

34.2% above median

Price / Sq Ft

$199

vs $268 median

25.7% below median

Days on Market

77 days

vs 47 days median

30 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

16 Founders Way, Monroe, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$6,988

per month

  • Principal & Interest$5,184
  • Property Taxes$1,478
  • Insurance$326
  • HOA$0

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

Location

City/Town
Monroe
Neighborhood
Monroe Center
County
Fairfield

Residence

Property Type
Single Family
Style
Colonial
Year Built
1994
New Construction
No/Resale
Living Area
4,931 sq ft
Below Grade
800 sq ft

Schools

Elementary
Fawn Hollow
High
Masuk

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
Ceiling FansCentral Air
Fireplaces
1
Laundry
Main Level
Laundry Location
Main Level Mud Room
Appliances
Electric RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
FullPartially Finished
Additional Rooms
Mud Room

Exterior & Lot

Lot Size
1.00 acres
Zoning
RF1
Garage / Parking
2 garage spacesAttached Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Septic
Pool
Above Ground Pool
Construction
Wood
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
ShedDeck
Lot Description
Lightly WoodedLevel LotOn Cul-De-SacProfessionally Landscaped

Listing & Financials

Property Taxes
$17,731 / Annually
Days on Market
77
MLS #
24189864
MLS Status
Under Contract - Continue to Show

Similar Properties

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

Listed By

Kenny Zerella

(203) 209-3615

William Raveis Real Estate

(203) 255-6841

Co-Listed By

Brian Christy

William Raveis Real Estate

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 2:20 AM UTC.