241 Niantic River Road
Waterford, Connecticut 06385
Reduced from $1,300,000
- Beds
- 0
- Baths
- 0
- SqFt
- —
- Acres
- 17.50
- Property Type
- Land

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
A rare opportunity to enjoy sweeping views of the Niantic River with over 17 acres of meadow and woods. This distinctive Waterford property offers a combination of shoreline scenery, open space, and flexibility. The main floor flows from the eat-in kitchen to the formal dining room and office area, where river views create a memorable backdrop for everyday living, working from home, and entertaining. A versatile main-level room offers an easy option for a first-floor bedroom, located next to a full bath with whirlpool tub, separate shower stall, and laundry. A fireplace adds warmth and ambiance to the main living space. The home also features a walk-out basement, attached 2-car garage, and two driveways-one on each side of the house-offering parking for guests, boats, or additional vehicles. Beyond the house, the open land and meadow may appeal to buyers interested in gardening, chickens, a hobby farm, or possible space for horses. Buyers may also wish to explore future possibilities for the acreage, though wetlands intersect the property, potential tax savings through PA 490 forest classification may be available with buyer application, subject to town approval. Located within walking distance to Kiddie Beach and just minutes to Niantic's beaches, boardwalk, shops, and restaurants, this property is convenient to Electric Boat, Pfizer, Hartford, and major highways, with rail access for trips to Boston and New York.
Key Facts
- City/Town
- Waterford
- Neighborhood
- N/A
- Property Type
- Land
- Days on Market
- 109 days
- Beds
- 0
- Baths
- 0 baths
- Lot Size
- 17.50 acres
- Property Taxes
- $9,351 / Annually
Market Snapshot
The Waterford Market
Land · trailing 12 months
Active Listings
5
4 under contract
Median List Price
$254,000
5 active listings
Median Closed Price
$130,000
7 sales
Median Days on Market
77
5 active listings
Median $ / Sq Ft
--
5 active listings
Sale-to-List Ratio
95.0%
7 sales
How this home compares
List Price
$899,000
vs $254,000 median
3.5× the median
Price / Sq Ft
--
Median unavailable
Limited comparable data
Days on Market
109 days
vs 77 days median
32 days longer than median
Based on 5 active and 7 closed sales (trailing 12 mo) of land in Waterford. Source: SmartMLS · As of July 28, 2026.
Location
241 Niantic River Road, Waterford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$4,584
- Property Taxes$779
- Insurance$300
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Waterford
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Land
- Subtype
- SingleFamilyResidence
Schools
- Elementary
- Oswegatchie
- High
- Waterford
Exterior & Lot
- Lot Size
- 17.50 acres
- Zoning
- R-20
- Waterfront Details
- Walk to WaterView
- Water Source
- Public Water In StreetPrivate Well
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Lot Description
- Some WetlandsTreedRollingWater View
Listing & Financials
- Property Taxes
- $9,351 / Annually
- Days on Market
- 109
- MLS #
- 24166188
- MLS Status
- Active
Similar Properties
Homes with a close match in area, property type, and price.
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. 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 7/28/2026 at 6:15 AM UTC.