Skip to main content

7 Highlands Terrace

Madison, Connecticut 06443

COMING SOON - NEW$799,000
Beds
3
Baths
1
SqFt
1,084
Acres
0.14
Year Built
1927
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

Call Matt
2-Car Garage1 Fireplace

About This Home

This "Diamond in the Rough" is ready for its next owners to create lasting memories. Located just a short walk to a private association beach in one of Madison's most desirable shoreline neighborhoods, this home offers an incredible opportunity to make it shine. While it does need TLC, the investment is well worth it , as proven by the beautifully-transformed nearby homes. Bungalow in style, the home has the original beadboard wainscoting on the walls and ceilings, reminiscent of the 1920's, and consists 5 rooms including 3 bedrooms and a LR/DR combination with a wood stove that is currently in the LR fireplace. One might imagine that the enclosed front porch had been used as a sleeping porch during the summer months. There is central air conditioning and a whole-house generator plus a 2-car detached garage. Enjoy all Madison has to offer, which includes excellent restaurants, a private award-winning bookstore and cafe in the center of town, a wonderful library and several delightful shops in which to indulge one's self. The Green in the center of town hosts many cultural events, including the popular July 4th concert featuring a symphony orchestra's performance of well-known patriotic music.

Key Facts

City/Town
Madison
Neighborhood
East River
Property / Style
Single Family · Bungalow
Year Built
1927
Days on Market
0 days
Beds
3
Baths
1 full
Living Area
1,084 sq ft
Lot Size
0.14 acres
Garage / Parking
2 garage
Property Taxes
$6,798 / Annually
HOA Fee
$400 / Annually

Market Snapshot

The Madison Market

Single Family · trailing 12 months

Median Days on Market

61

35 active listings

Median $ / Sq Ft

$361

35 active listings

Sale-to-List Ratio

100.0%

226 sales

How this home compares

List Price

$799,000

vs $880,000 median

9.2% below median

Price / Sq Ft

$737

vs $361 median

2.0× the median

Days on Market

0 days

vs 61 days median

61 days fresher than median

Based on 35 active and 226 closed sales (trailing 12 mo) of single family in Madison. Source: SmartMLS · As of October 14, 2026.

Location

7 Highlands Terrace, Madison, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$5,292

per month

  • Principal & Interest$4,426
  • Property Taxes$567
  • Insurance$266
  • HOA$33

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

Location

City/Town
Madison
Neighborhood
East River
County
New Haven

Residence

Property Type
Single Family
Style
Bungalow
Year Built
1927
New Construction
No/Resale
Living Area
1,084 sq ft

Schools

Elementary
Neck River
Middle
Per Board of Ed
High
Daniel Hand

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Central Air
Fireplaces
1
Laundry
Main Level
Laundry Location
Kitchen
Appliances
Electric RangeRefrigeratorDishwasher
Basement
Crawl Space
Accessibility
Ramps

Exterior & Lot

Lot Size
0.14 acres
Zoning
R-4
Garage / Parking
2 garage spacesDetached Garage
Waterfront Details
Walk to WaterBeach RightsWater Community
Water Source
Public Water Connected
Sewer
Septic
Flood Zone
No
Construction
Vinyl Siding
Color
Gray
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
Porch
Lot Description
Level Lot

HOA / Association

Fee
$400 / Annually
Amenities
Playground/Tot Lot

Listing & Financials

Property Taxes
$6,798 / Annually
Days on Market
0
MLS #
24213904
MLS Status
Coming Soon

Similar Properties

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

Listed By

Doris Fallon

(203) 376-6039

William Raveis Real Estate

(203) 318-3570

Co-Listed By

Sandra Ciarleglio

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 10/14/2026. 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 10/14/2026 at 12:20 AM UTC.