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For sale
  • $650,000

    1 Downing Way #1, Madison, CT 06443

    2beds
    1,476sqft
    : 
    Condominium
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $440/sqft
    $480/mo HOA

    What's special

    Don't miss this pristine, freestanding 2-bedroom, 2-bath home offering desirable one-level living in one of Madison's most sought-after condominium communities. This home is perfectly positioned to capture serene views of the everchanging Hammonasset River Estuary. Inside, the light-filled kitchen/living/dining area is ideal for everyday living and entertaining. A spacious family room with a cozy wood-burning fireplace provides another comfortable place to rest, while the inviting 3-season porch lets you relax and enjoy the natural surroundings throughout much of the year. The primary bedroom is generously-sized, has a full bathroom and offers more estuary views. The second full bathroom holds a full-sized washer and dryer. The property includes a one-car detached garage with room for added storage. Located just minutes from downtown Madison, you'll enjoy quick access to shopping, restaurants, beaches, and all the shoreline has to offer. Move-in ready and exceptionally cared for, this charming home is a rare opportunity in a prime setting. Professional photos will be posted by 12/11/25.
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    Zillow last checked: 8 hours ago

    Listing updated: 16 hours ago

    Listed by:

    Cathy Lynch & Team,

    Dana Weinstein (203)927-8687,

    Coldwell Banker Realty 203-245-4700

    Source: Smart MLS,MLS#: 24144030MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Wall/Wall Carpet
    • Level: Main
    Bedroom
    • Features: Wall/Wall Carpet
    • Level: Main
    Dining room
    • Features: Engineered Wood Floor
    • Level: Main
    Family room
    • Features: Engineered Wood Floor
    • Level: Main
    Living room
    • Features: Engineered Wood Floor
    • Level: Main
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Refrigerator, Dishwasher, Water Heater
    • Laundry: Main Level
    Features
    • Basement: None
    • Attic: Storage,Floored,Pull Down Stairs
    • Number of fireplaces: 1
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 1,476
    • Total interior livable area: 1,476 sqft
    • Finished area above ground: 1,476

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Stories: 1
    • Patio & porch: Porch
    • Exterior features: Rain Gutters
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, River Front
    Lot
    • Features: Level
    Details
    • Parcel number: 1155387
    • On leased land: Yes
    • Zoning: R-2

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Ranch
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Shared Septic
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Features: Health Club, Near Public Transport
    HOA
    • Has HOA: Yes
    • Amenities included: Management
    • Services included: Maintenance Grounds, Trash, Snow Removal, Road Maintenance, Insurance
    • HOA fee: $480 monthly
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $440/sqft
    • Tax assessed value: $337,700
    • Annual tax amount: $7,575
    • Date on market: 12/9/2025
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/11/2025Listed for sale$650,000$440/sqft
    Source: Smart MLS #24144030 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $4,382/mo
    Principal & interest
    $2520
    Property taxes
    $1154
    Other costs
    $708

      Climate risks

      Neighborhood: 06443

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Neck River
      • High: Daniel Hand

      Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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