5 Lilac Lane - Prospect, CT

$479,900

Beds

3.00

Baths

1,503

SqFt

0.00

Acres

Pricing Insight: Originally listed for $479,900, the price has remained unchanged for approximately 54 days. This property has been on the market for approximately 54 days. MLS reports 25 Days on Market (DOM) before it went under contract.

Unit 5 at 5 Lilac Lane, Prospect, CT is a 2-bed, 3-bath, 1,503 square foot home built in 2013 , featuring ranch architecture. This residence is part of a 342-unit community. This home is part of a homeowners association, with dues of $480 paid monthly. The HOA fee includes: club house, tennis, grounds maintenance, trash pickup, snow removal, property management, and pool service. Community amenities include: basketball court, bocci court, club house, gardening area, and guest parking.

This home is within the Prospect school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24143185

Offered Price: $479,900

Residence Type: Condo/Co-Op

Architectural Style: Ranch

Living Area: 1,503 Sq. Ft.

Lot Size: 0.00 Acres

Neighborhood: N/A

County: New Haven

Year Built: 2013

Design & Construction: Frame,Concrete

Heating: Hot Air

Cooling: Central Air

Garage Spaces: 2

Price per Sq Ft as listed: $319

Estimated Tax: $7,410

Days on Market: 25

Home Automation: Security System, Thermostat(s)

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Natural Gas

Fuel Type: Hot Air

Fuel Tank Location: Not specified

Cooling System: Central Air

Hot Water System: Other

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $319 / Sq. Ft.

Tax assessed value: $289,800

Estimated Tax: $7,410

Architectural Style: Ranch

Design & Construction: Frame,Concrete

Residence Type: Condo/Co-Op

Year Constructed: 2013

Living Area: 1,503 Sq. Ft.

Lot Size: 0.00 Acres

Fuel: Natural Gas

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in Prospect
Statistical modeling algorithms

Local Market Context

Active Listings: 19

Average Price: $348,983

Average DOM: 25 days

Complimentary CMAs, no obligation

Take advantage of this beautiful 2 Bedroom 2 Bath ranch-style home in the desirable Regency of Prospect, for those 55+. Single-level living at its best. Hardwood Floors, walk-in closet, 2 2-car garage and 1500 square feet in the lower level with a walkout. A lovely fireplace to cozy up to in winter and a deck for relaxing summer nights. Granite counter tops and plenty of cabinets in the kitchen. Lots of amenities accompany this gated adult community.

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Flood Risk Assessment

Location Analysis:

Inland Prospect location

Water Proximity:

No direct water access

Topography:

Standard terrain

Recommendations:

Consult FEMA Flood Maps for accurate zone info
Consider flood insurance based on professional assessment
Evaluate property drainage during inspection
Review local flood history with town officials

Risk Level: Low

Minimal flood risk indicators. Verify with FEMA flood maps.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

19

Homes For Sale

$348,983

Average List Price

Mechanicals & Utilities: Hot Air • Natural Gas • Central Air • Public Water Connected water • 1 fireplaces

Exterior Features

Exterior Construction: Vinyl Siding

Garage: Attached Garage,Paved,Driveway (2 car)

Parking: 2 Total

Patio/Deck: Sidewalk,Porch,Deck,Lighting

Pool: Pool House,In Ground Pool

Utilities: Water: Public Water Connected

Only motif connects you to a certified
"Local Market Expert"

Steve Simos

Real Estate Advisor

Prospect • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(800) 555-0003

george@appzentric.com

Good evening Steve, I'm interested in
5 Lilac Lane, Prospect, Connecticut

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