16 Founders Way
Monroe, Connecticut 06468
Reduced from $1,049,999
- Beds
- 5
- Baths
- 2 | 1
- SqFt
- 4,931
- Acres
- 1.00
- Year Built
- 1994
- Neighborhood
- Monroe Center
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
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
Active Listings
42
30 under contract
Median List Price
$729,450
42 active listings
Median Closed Price
$687,500
166 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 17, 2026per 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
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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.