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241 Niantic River Road

Waterford, Connecticut 06385

ACTIVE$899,000

Reduced from $1,300,000

Beds
0
Baths
0
SqFt
Acres
17.50
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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Price Reduced

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

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

Property + 3 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$5,663

per 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

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Listed By

Amy Jones

(860) 460-1530

Berkshire Hathaway NE Prop.

(860) 739-6666

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.