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435 Military Highway

Groton, Connecticut 06340

ACTIVE$1,025,000

Reduced from $1,100,000

Beds
0
Baths
0
SqFt
4,000
Acres
6.31
Year Built
1880
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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Guest House2-Car Garage1 FireplacePrice Reduced

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

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

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$6,168

per 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

Similar Properties

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Listed By

Jeremy St. Louis

(860) 460-3879

William Raveis Real Estate

(860) 536-2600

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.