435 Military Highway
Groton, Connecticut 06340
Reduced from $1,100,000
- Beds
- 0
- Baths
- 0
- SqFt
- 4,000
- Acres
- 6.31
- Year Built
- 1880
- Neighborhood
- Groton City
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
Rare 6.31-Acre Water View Opportunity -Ready for the final touches & Subdivision Potential Discover an extraordinary waterfront estate offering breathtaking water views and exceptional potential. This property presents a unique opportunity for investors, developers, or those seeking a private retreat, with subdivision possibilities (Buyer(s) and buyer's agent responsible for all due diligence. Listing agent makes no representations. Information deemed reliable but not guaranteed. Buyer to verify all details.). The main house, built in 1880, is ready for your vision. It has been professionally studded out and reinforced with engineering-quality beams and supports, providing a solid foundation for a stunning renovation. Imagine customizing your dream home, preserving the timeless charm while incorporating modern luxury, all while overlooking the shimmering river from the house and three levels of decks. The carriage house is poised for transformation into a quaint 2-bedroom, 1-bathroom dwelling. This versatile space is perfect for multi-generational living, guest accommodations, or as an income-generating rental. The generous acreage ensures a sense of privacy and tranquility, with panoramic water vistas from multiple points. Located minutes from Groton amenities this property blends immediate renovation upside with long-term land value and creative possibilities. A rare blank canvas along the water, ideal for those looking to create a legacy!
Key Facts
- City/Town
- Groton
- Neighborhood
- Groton City
- Property / Style
- Single Family · Farm House,Other
- Year Built
- 1880
- Days on Market
- 199 days
- Beds
- 0
- Baths
- 0 baths
- Living Area
- 4,000 sq ft
- Lot Size
- 6.31 acres
- Garage / Parking
- 2 garage · 4 total
- Property Taxes
- $6,615 / Annually
Market Snapshot
The Groton Market
Single Family · trailing 12 months
Active Listings
45
49 under contract
Median List Price
$749,900
45 active listings
Median Closed Price
$451,000
295 sales
Median Days on Market
51
45 active listings
Median $ / Sq Ft
$354
45 active listings
Sale-to-List Ratio
100.0%
295 sales
How this home compares
List Price
$1.02M
vs $749,900 median
36.7% above median
Price / Sq Ft
$256
vs $354 median
27.7% below median
Days on Market
199 days
vs 51 days median
148 days longer than median
Based on 45 active and 295 closed sales (trailing 12 mo) of single family in Groton. Source: SmartMLS · As of August 21, 2026.
Location
435 Military Highway, Groton, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 13, 2026per month
- Principal & Interest$5,275
- Property Taxes$551
- Insurance$342
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Groton
- Neighborhood
- Groton City
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Farm House,Other
- Year Built
- 1880
- New Construction
- No/Resale
- Living Area
- 4,000 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- No Heat
- Cooling
- None
- Fireplaces
- 1
- Appliances
- None
- Basement
- FullUnfinishedFull With Walk-Out
Exterior & Lot
- Lot Size
- 6.31 acres
- Zoning
- R-12
- Garage / Parking
- 2 garage spaces4 total parking spacesCarportDetached GarageUnder House GarageDrivewayPaved
- Waterfront Details
- View
- Water Source
- Public Water Connected
- Sewer
- SepticOther
- Construction
- ClapboardStucco
- Color
- White
- Roof
- Asphalt Shingle
- Foundation
- BrickStone
- Exterior Features
- BalconyShedDeckGuest HouseCovered Deck
- Lot Description
- Lightly WoodedSloping LotRollingWater View
Listing & Financials
- Property Taxes
- $6,615 / Annually
- Days on Market
- 199
- MLS #
- 24152063
- MLS Status
- Active
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 8/21/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 8/21/2026 at 3:05 AM UTC.