586 West Thames Street #610
Norwich, Connecticut 06360
Reduced from $549,000
- Beds
- 3
- Baths
- 3 | 1
- SqFt
- 1,952
- Year Built
- 2025
- Neighborhood
- Trading Cove
- Property Type
- Condo

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
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
Active Listings
7
15 under contract
Median List Price
$249,000
7 active listings
Median Closed Price
$237,500
92 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
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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 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.