Fairfield, CT / SOLD

188 Margemere DriveFairfield, CT 06824

The buyer could have saved $4,850 in brokerage fees*

When you buy with Cress, we give you back a portion of the brokerage commission we receive.

See how the commission rebate works ↗

*Estimate assumes a 2.5% buyer-agent commission and a 20% rebate. Actual savings depend on final purchase price and commission received. Based on the recorded closed price; this is a hypothetical estimate, not a statement of actual commission or rebate paid.

Sale Price$970,000ClosedJune 22, 2022

Our Take

188 Margemere Drive is a four-bedroom Georgian Colonial in Fairfield’s University Area, positioned at the end of a cul-de-sac on 0.77 acre. The home includes two full bathrooms and one half bathroom, with four floors of living space. A buyer can bring a designer and builder to shape the property, which was built in 1948. Its architectural style, site, and multi-level layout define the home’s basic character.

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Estimated buyer rebate

The buyer could have saved $4,850 on brokerage fees*

When you buy with Cress, we give you back a portion of the brokerage commission we receive.

See how the commission rebate works ↗

*Estimate assumes a 2.5% buyer-agent commission and a 20% rebate. Actual savings depend on final purchase price and commission received. Based on the recorded closed price; this is a hypothetical estimate, not a statement of actual commission or rebate paid.

At a glance

Closed · MLS #170480789
Bedrooms
4
BathroomsBaths
2 full / 1 half
Square feet
4,631
Year built
1948
Acres
0.77
Property taxes
$18,656

July 2021-June 2022

What stands out

  • End-of-cul-de-sac position
  • University Area location
  • Georgian Colonial architecture
  • Set on 0.77 acre
  • Four floors of living space
  • Design and building potential
Read the full listing description

Located at end of a cul-de-sac on one of the University Area's most sought after streets - here's the chance you've been waiting for to buy a home in an A++ location and make it your own. This stately Georgian Colonial is set on .77 of an acre, and has four floors of living space. Bring your designer and bring your builder - this home's potential is truly remarkable.

Schools

Elementary
Osborn Hill
Middle
Fairfield Woods
High
Fairfield Ludlowe

Schools as reported by SmartMLS. Confirm attendance assignments with the district.

Price history

DateEventPrice
Closed price$970,000
Original list price$995,000

Intermediate price changes and previous listings may not be included.

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*Estimate: $970,000 closed price × assumed 2.5% buyer-agent commission × 20% rebate = $4,850. Actual savings depend on the final purchase price and commission Cress receives. The assumed commission is not a representation of this listing's offered or actual compensation. This is a hypothetical estimate, not a rebate paid on this sale.

Listed by William Raveis Real Estate

Ken Banks

SmartMLS · Listing #170480789 · Closed

Listing data checked: Sep 25, 2026, 6:46 PM EDT.

Listing information is deemed reliable but not guaranteed. Cress commentary is separate from the MLS listing description. Contact Cress about a correction.

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