16 Founders Way, Monroe, CT 06468
Property image
Property image
ACCEPTING BACKUPS
1 ACRE

$979,000

Original price: $995,000
  • 5 Beds
  • 2.5 Baths
  • 4,931 sqft (on 1 acre)

16 Founders Way, Monroe, CT 06468

Est. Mortgage $6,691/mo*
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Home Highlights

Single-Family Home
Built in 1994
1 acre lot
$199/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 16 Founders Way.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 2 hours ago
Listing courtesy of Kenny Zerella, (203) 209-3615
William Raveis Real Estate, (203) 209-3615
Co-Listing Agent: Brian Christy, (203) 455-1223
William Raveis Real Estate, (203) 255-6841
Source: Smart MLS, MLS#24189864
Also Listed on Smart MLS.

Home Details for 16 Founders Way

Interior Features

Interior Details
Basement: Full,Partially FinishedNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom, Dining Room, Family Room, Kitchen, Living Room, Office, Rec Play Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4931 Square Feet
Appliances & Utilities
Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer, Electric Water Heater, Water HeaterDishwasherDryerLaundry: Main Level,Mud RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,OilHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckOther Structures: Shed(s)Foundation: Concrete PerimeterHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Pool
Pool: Above GroundPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 4131 Square FeetFinished Area (below surface): 800 Square Feet

Days on Market

Days on Market: 74

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial
Building
Construction Materials: Wood SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 175220

Price & Status

Price
List Price: $979,000Price Per Sqft: $199
Status Change & Dates
Possession Timing: Neg

Active Status

MLS Status: Under Contract - Continue to Show

Location

Direction & Address
City: MonroeCommunity: Monroe Center
School Information
Elementary School: Fawn HollowHigh School: Masuk

Agent Information

Listing Agent
Listing ID: 24189864

Building

Building Area
Building Area: 4931 Square Feet

Community

Community Features: Golf, Health Club, Park, Playground, Public Rec Facilities, Shopping/Mall
Other
Playground

HOA

No HOA

Lot Information

Lot Area: 1 Acres

Miscellaneous

BasementMls Number: 24189864Zillow Contingency Status: Accepting Back-up OffersAttic: Storage, Pull Down StairsAttribution Contact: (203) 209-3615Above Grade Unfinished Area: 4131Activation Date: Wed Jul 15 2026

Additional Information

GolfHealth ClubParkPlaygroundPublic Rec FacilitiesShopping/Mall

Around this home

What Locals Say about Monroe

At least 69 Trulia users voted on each feature.

  • 97 % Say car is needed

  • 92 % Say there's holiday spirit

  • 90 % Say parking is easy

  • 88 % Say yards are well-kept

  • 82 % Say it's dog friendly

  • 80 % Say there's wildlife

  • 76 % Say it's quiet

  • 71 % Say people would walk alone at night

  • 63 % Say they plan to stay for at least 5 years

  • 61 % Say neighbors are friendly

  • 60 % Say kids play outside

  • 30 % Say there are community events

  • 17 % Say streets are well-lit

  • 14 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Timnorton7
    "Drive to NYC awful hour and a half to get into work. 1-4 hours to get home. Would have to drive to Fairfield or Bridgeport train station 30 minutes and hour 20 to grand central and 30 minutes downtown to commute by train."
    0
    Flag
  • Nicole Velez
    "Great parks! Library host various events. Various committees have different events and festivals. I wish there were more connecting sidewalks. "
    1
    Flag
  • Danielle B.
    "Easy commute with multiple alternative routes with similar ETAs. Two out of three routes don't require any highway driving. "
    0
    Flag
  • Wulfranoflores
    "is a great town for living here has a good shools great nearborhod is a good place for famly events you can walk or run for yours daily exersise and is very safe "
    2
    Flag
  • Kyle C.
    "Families with kids are common, parks, close knit community. Many town activities. Lots of great food nearby (Home Plate Deli, Gaetano’s, Soup Thyme)"
    0
    Flag
  • Larisabarrera
    "Very convenient to grocery stores , Home Depot, all the necessities close by , we love the area to live "
    0
    Flag
  • Johnny M.
    "Music in Wolfe park on Friday nights and dogs,walkers and families riding bikes together on the trails. "
    1
    Flag
  • Jeneen R.
    "Plenty of people have dogs in our neighborhood and I always see them out walking when the weather is nice."
    0
    Flag
  • Kevin N.
    "Dogs owners would love and hate Monroe. Monroe there is no sidewalks so walking on the main road in most cases, just wouldn’t be an option. Also, most of the traffic is on the main road so on your side street, you will have plenty of room and non action from cars to walk your dog"
    2
    Flag
  • Kwilliams1473
    "The schools are great, there is no “bad” part of town, there is an adorable farmers market in the summer, it’s very quaint feeling but not far away from many convinces "
    1
    Flag
  • jcbermud
    "Easy... With 25 down the road I can get to 95 or the Merritt very easily. We need a Trader Joe's though please! "
    1
    Flag
  • Johnny M.
    "Quiet, safe, friendly, beautiful, active, trump haters, good schools, music in the park, pickle ball courts, good wings and pizza restaurants. "
    6
    Flag
  • Lalemanfamily
    "I enjoy the small town character of Monroe, while having access to bigger city amenities within a 45-90 minute drive! "
    1
    Flag
  • Cherry4507
    "You definitely need a car because there isn’t any bus lines or trains that you can take to get where I gotta go "
    0
    Flag
  • Johnny M.
    "Safety, good schools, friendly people, brewery, nice Congregational church, free concerts in the park Friday nights"
    2
    Flag
  • Nls10356
    "It is very private,but people look out for one another. It is always very clean and beautiful. It is dog friendly. It is a convenient location "
    0
    Flag
  • Ray K.
    "Great family neighborhood with no HOA fees. Walk the gold course, fish in the river, or walk over to Stone Barn Sandtrap Grill and Bar for dinner or drinks and dancing. Walk home or ride golf cart. "
    0
    Flag
  • Leah
    "This quiet, upscale neighborhood is perfect for retirees, young couples, singles, or families. It is the safest area I have ever lived in. The schools are great, and you will be close to all the advantages of fairfield county without the extreme expense or frantic lifestyle. Enjoy the woods, the parks, the quiet neighborhoods, or the great local restaurants and shops. There are conveniently located grocery stores and service shops, that are not too crowded or large. I have enjoyed living here for many years, and it's by far my favorite area in the northeast. "
    0
    Flag
  • uptwolate
    "Redcoat (Red Coat) Lane and the surrounding area is filled with friendly, caring people at all stages of their lives including retirees and families with children of all ages. Monroe's schools are excellent and this area is within about a mile from Fawn Hollow Elementary School and Jockey Hollow Middle School. Masuk High School is only about two miles away. The Monroe Police Department is top notch and the Volunteer Fire Departments are well-trained and situated in several areas around the town for speedy access in case of need. The highway department keeps the local roads in great shape during winter storms and has been resurfacing and repaving many stretches of the worst roads during the summer. Although the immediate area has plenty of quiet roads for walking and running during periods of better weather, we also have a rails to trails area and several parks within a couple of miles that are very popular but would need to be driven to for easier access. There are also local shopping opportunities that are only a mile or two away either on Monroe Turnpike (Rte. 111) or Main Street (Rte. 25), which includes a multitude of gift shops, convenience stores, paint and hardware stores, book and card shops and even two competing grocery stores on Monroe Tpke and a Natural Foods store on Main Street. There are many drug stores, cleaners, barbers, hairstylists and restaurants galore from McD's to sports bars, Mexican, Oriental, Italian and American cuisine, including a new diner on Main Street, several Dunkin Donuts and, yes, we have a Starbucks!!! What more could you want? There are walk-in clinics and many doctors in town as well as a muriad of specialists just south of Monroe but still on Monroe Tpke. as you drive into Trumbull, where there is also a Home Depot and just a few miles further, the Trumbull Mall. There are churches of every denomination in town whose activities make for happy strawberry festivals in the spring and apple festivals at harvest time. Join us!!"
    0
    Flag

Market trends in Monroe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$645K
$27.48KMoM
Sale-to-List Price
100.2%
0.5%MoM
Price per sq ft
$279
$7MoM
Available listings
64
16MoM

Home Value

Trulia Estimate
$964K
Since last month
Decreased$2K (-0.2%)
Since last year
Increased$97K (+11.1%)
Since last sale
Increased$419K (+76.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +63% in the last 10 years
MonthEstimated value
2026
September 2026$964K
August 2026$966K
July 2026$986K
June 2026$987K
May 2026$971K
April 2026$957K
March 2026$947K
February 2026$913K
January 2026$913K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6 Crossbow Lane, Monroe, CT
0.52
Single-Family Home
$725,000
01/09/26
4
3
3,082
129 Fan Hill Road, Monroe, CT
0.46
Single-Family Home
$492,500
11/26/25
3
1.5
1,674
291 Wheeler Road, Monroe, CT
0.44
Single-Family Home
$775,000
08/28/26
3
2.5
2,173
78 Mill Brook Terrace, Monroe, CT
0.73
Single-Family Home
$685,000
06/24/26
4
2.5
2,230
215 Wheeler Road, Monroe, CT
0.68
Single-Family Home
$775,000
04/30/26
4
3
3,595
68 Longview Road, Monroe, CT
0.79
Single-Family Home
$650,000
06/16/26
4
2.5
2,594
223 Wheeler Road, Monroe, CT
0.65
Single-Family Home
$535,000
08/19/26
4
2
1,608
63 Far Horizon Drive, Monroe, CT
0.79
Single-Family Home
$530,000
12/05/25
3
1.5
2,204

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
110 Church Street, Monroe, CT 06468
0.09
$570,800
3
2
1,884
Off Market
4 Sweetbrier Lane, Monroe, CT 06468
0.17
$1,025,400
4
3.5
3,255
Off Market
72 Church Street, Monroe, CT 06468
0.18
$852,900
3
2.5
3,312
Off Market
72 Twin Brook Terrace, Monroe, CT 06468
0.22
$608,600
3
2
1,500
Off Market
9 Sweetbriar Lane, Sandy Hook, CT 06482
0.22
$847,300
4
3.5
3,200
Off Market
178 Church Street, Monroe, CT 06468
0.24
$550,000
3
1
1,472
For Sale
23 Lovers Lane, Monroe, CT 06468
0.26
$649,300
3
2
1,648
Off Market
30 Village Green Lane, Monroe, CT 06468
0.28
$1,088,500
5
3.5
4,779
Off Market
30 Village Green Lane, Monroe, CT 06497
0.29
$866,800
4
2.5
3,512
Off Market
655 Monroe Turnpike, Monroe, CT 06468
0.30
$577,000
3
2.5
2,368
Off Market
19 Meadow Brook Drive, Monroe, CT 06468
0.34
$576,500
3
2
1,312
Off Market
108 Twin Brook Terrace, Monroe, CT 06468
0.37
$646,300
4
2
1,704
Off Market

Price and Tax history

DateEventPrice
Aug 13, 2026
Source: Smart MLS #24189864
PriceChange
$979,000
Price decreased by 2%
Jul 29, 2026
Source: Smart MLS #24189864
PriceChange
$995,000
Price decreased by 5%
Jul 15, 2026
Source: Smart MLS #24189864
Listed For Sale
$1,049,999
Jul 14, 2020
Source: Smart MLS #170260252
Sold
$545,000
Jun 3, 2020
Source: Agent Provided
Pending
$569,900

LGBTQ Local Legal Protections

Kenny Zerella, William Raveis Real Estate, (203) 209-3615
Agent Phone: (203) 209-3615
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 16 Founders Way

  • What is the estimated monthly payment for 16 Founders Way?
    Based on a $979,000 list price with 20% down at today's rates, the estimated monthly payment for 16 Founders Way in Monroe, CT is approximately $6,800 (about $5,346 principal & interest, $1,379 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 16 Founders Way compare to homes in Monroe?
    16 Founders Way in Monroe, CT is listed at $979,000, about 52% above the $645K median sale price in Monroe.
  • What do residents say about Monroe?
    Residents describe Monroe, CT as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Monroe, CT.
  • What are the closest schools to 16 Founders Way?
    The closest schools to 16 Founders Way in Monroe, CT are Fawn Hollow Elementary School (rated 9/10), Jockey Hollow School (Middle, rated 8/10), Masuk High School (rated 9/10).
  • Does 16 Founders Way have air conditioning?
    Yes, 16 Founders Way in Monroe, CT has air conditioning.
  • Does 16 Founders Way have a pool?
    Yes, 16 Founders Way in Monroe, CT has a pool.
16 Founders Way, Monroe, CT 06468 is a 5 bedroom, 3 bathroom, 4,931 sqft single-family home built in 1994. This property is currently available for sale and was listed by Smart MLS on Jul 8, 2026. The MLS # for this home is MLS# 24189864.