40 Walnut Street - Monroe, CT

$1,300,000

Beds

6.00

Baths

5,189

SqFt

1.77

Acres

Pricing Insight: Originally listed for $1,500,000, the price was last adjusted to $1,300,000 on January 27, 2026, a –$200,000 (13.3%) change, approximately 0 days ago. This property has been on the market for approximately 193 days.

40 Walnut Street, Monroe, CT is a 5-bed, 6-bath, 5,189 square foot home built in 1961 , featuring raised ranch architecture.

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

MLS #: 24110750

Offered Price: $1,300,000

Residence Type: Single Family

Architectural Style: Raised Ranch

Living Area: 5,189 Sq. Ft.

Lot Size: 1.77 Acres

Neighborhood: N/A

County: Fairfield

Year Built: 1961

Design & Construction: Frame,Concrete

Heating: Hot Water

Cooling: Central Air

Garage Spaces: 3

Price per Sq Ft as listed: $251

Estimated Tax: $16,211

Days on Market: 192

$4,000

3 Beds · 3 Baths · 2,414 Sq Ft

12 Cardinal Lane, Monroe

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Gas In Street

Fuel Type: Hot Water

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: $251 / Sq. Ft.

Tax assessed value: $565,440

Estimated Tax: $16,211

Architectural Style: Raised Ranch

Design & Construction: Frame,Concrete

Residence Type: Single Family

Year Constructed: 1961

Living Area: 5,189 Sq. Ft.

Lot Size: 1.77 Acres

Fuel: Gas In Street

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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 Monroe
Statistical modeling algorithms

Local Market Context

Active Listings: 21

Average Price: $520,728

Average DOM: 192 days

Complimentary CMAs, no obligation

Welcome to this magnificent custom-built raised ranch known as 40 Walnut Street located in Fairfield County in the Town of Monroe. Monroe is a beautiful community that offers a balanced blend of suburban amenities, many opportunities for recreation, scenic beauty and rural character. Whitney Farms Golf Course is a three-minute drive and features a clubhouse, pro-shop and catering facility for all of your festive gatherings. This 5,189+- square foot home is situated on an expansive 1.77-acre lot which has a massive, relatively level rear yard for recreation. It also features a pond with custom stone embankments. The house is serviced by public water, a septic system and natural gas. The asphalt driveway leads to a 3-car attached garage with one bay presently used as a gym. You enter through a double front door into the foyer that has a vaulted ceiling, marble flooring and a large arched window. The first level consists of a living room with marble flooring, custom overhead lights and a gas fireplace. The kitchen has attractive wood cabinets, marble flooring and window views of the rear yard. Appliances include an inset electric oven in the island for your relaxing cup of coffee. There is also a stainless-steel double oven, microwave, and dishwasher. Adjacent to the kitchen is an informal dining area. One of the most spectacular rooms in the home is the formal dining room with a 2+ story ceiling, oak flooring with inlay, four large arched windows and a custom chandelier

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain • 1.8 acres

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

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.

21

Homes For Sale

$520,728

Average List Price

Mechanicals & Utilities: Hot Water • Gas In Street • Central Air • Public Water In Street water • 1 fireplaces

Exterior Features

Exterior Construction: Vinyl Siding,Aluminum

Roof Type: Asphalt Shingle

Foundation: Concrete

Garage: Attached Garage (3 car)

Utilities: Water: Public Water In Street

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Monroe • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

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Good morning Steve, I'm interested in
40 Walnut Street, Monroe, Connecticut

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