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586 West Thames Street #610

Norwich, Connecticut 06360

ACTIVE$529,000

Reduced from $549,000

Beds
3
Baths
3 | 1
SqFt
1,952
Year Built
2025
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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1-Car Garage1 FireplaceVirtual TourPrice ReducedNew Construction

About This Home

Welcome to modern luxury living at 586 W Thames St, offering high-end finishes, water views, and unbeatable convenience to casinos, highways, and local amenities. This newly constructed residence features an open-concept layout with soaring ceilings, oversized windows, and abundant natural light throughout. The kitchen is thoughtfully designed with sleek cabinetry, quartz countertops, LG stainless steel appliances, and a quartz peninsula with seating-ideal for everyday living and casual entertaining. Herringbone-pattern luxury vinyl flooring runs throughout, adding warmth and durability, while the solid red oak staircase adds a timeless architectural touch. The living area opens to a private balcony, perfect for enjoying scenic river views. Upstairs, two bedrooms are positioned on opposite ends and connected by a unique Jack & Jill-style layout, offering separate private vanities and toilets for each bedroom with a shared shower-providing both privacy and functionality. Each bedroom includes two closets with motion-sensor lighting. The primary suite features a walk-in tiled shower with a rainfall shower head. Additional features include central air, in-unit laundry, elevator access, and dedicated parking. Ideally located just minutes to Mohegan Sun, Foxwoods, Norwich Inn & Spa, and major highways, with easy access to New London's train station and ferry for travel to NYC and beyond. Floor plans available upon request.

Key Facts

City/Town
Norwich
Neighborhood
Trading Cove
Property / Style
Condo · Penthouse
Year Built
2025
Days on Market
102 days
Beds
3
Baths
3 full · 1 half
Living Area
1,952 sq ft
Garage / Parking
1 garage
Property Taxes
$9,524 / Annually
HOA Fee
$1,050 / Monthly

Market Snapshot

The Norwich Market

Condo · trailing 12 months

Median Days on Market

25

7 active listings

Median $ / Sq Ft

$202

7 active listings

Sale-to-List Ratio

100.0%

92 sales

How this home compares

List Price

$529,000

vs $249,000 median

2.1× the median

Price / Sq Ft

$271

vs $202 median

34.2% above median

Days on Market

102 days

vs 25 days median

77 days longer than median

Based on 7 active and 92 closed sales (trailing 12 mo) of condo in Norwich. Source: SmartMLS · As of July 28, 2026.

Location

586 West Thames Street #610, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,717

per month

  • Principal & Interest$2,697
  • Property Taxes$794
  • Insurance$176
  • HOA$1,050

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Norwich
Neighborhood
Trading Cove
County
New London

Residence

Property Type
Condo
Subtype
Condominium
Style
Penthouse
Year Built
2025
New Construction
Completed/Never Occupied
Living Area
1,952 sq ft

Schools

Elementary
Per Board of Ed
High
Norwich Free Academy

Interior

Heating
Heat Pump
Heat Fuel
Electric
Cooling
Central AirDuctless
Fireplaces
1
Laundry
Main Level
Laundry Location
On main level in unit
Appliances
Oven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
None
Interior Features
Auto Garage Door OpenerOpen Floor Plan

Exterior & Lot

Zoning
MF
Garage / Parking
1 garage spaceParking Garage
Waterfront Details
View
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
StoneStucco
Color
Grey
Exterior Features
BalconyPatio
Lot Description
Level LotWater View

HOA / Association

Fee
$1,050 / Monthly
Amenities
ElevatorExercise Room/Health ClubGuest Parking

Listing & Financials

Property Taxes
$9,524 / Annually
Days on Market
102
MLS #
24167737
MLS Status
Active

Similar Properties

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Listed By

Brittany Howard

(860) 910-6595

Berkshire Hathaway NE Prop.

(860) 537-6699

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 7:55 AM UTC.