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231 West River Street

Milford, Connecticut 06460

ACTIVE$840,000
Beds
3
Baths
1 | 1
SqFt
1,613
Acres
0.20
Year Built
1921
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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1-Car Garage

About This Home

ATTENTION SMALL BUSINESS OWNERS! UNLOCK THE ULTIMATE LIVE-WORK OPPORTUNITY! For the first time in over 50 years, the iconic Almond Building is available-perfect for entrepreneurs seeking the ideal blend of business and lifestyle. This is your chance to own not only a charming 1920s Cape Cod residence in the prestigious Duck Pond neighborhood, but also a highly visible commercial warehouse with office space and a tandem garage, right on bustling Boston Post Rd. Enjoy unmatched exposure for your business while living just steps away from your workplace! This unique offering includes both 231 W. River and 233 W. River for a combined price of $840,000 (see MLS 24174397). The home boasts classic curb appeal, a welcoming front porch, and a flexible layout with a living room, dining room, kitchen, bedroom, and full bath on the main floor, plus two additional bedrooms and a half bath upstairs. The attached one-car garage connects seamlessly to the commercial building-a former barn with a fun loft and over 4,000 sq. ft. of versatile workspace, including office areas and a tandem garage. The original barn has a crawl space beneath it, while the office space, garages, and some of the storage areas are on concrete slabs. Don't miss your chance to secure a rare property that gives you the best of both worlds: the prestige and tranquility of a historic neighborhood and the convenience and visibility your business deserves! Schedule your tour today and envision your best future here.

Key Facts

City/Town
Milford
Neighborhood
N/A
Property / Style
Single Family · Cape Cod
Year Built
1921
Days on Market
78 days
Beds
3
Baths
1 full · 1 half
Living Area
1,613 sq ft
Lot Size
0.20 acres
Garage / Parking
1 garage · 4 total
Property Taxes
$6,084 / Annually

Market Snapshot

The Milford Market

Single Family · trailing 12 months

Median Days on Market

43

73 active listings

Median $ / Sq Ft

$381

73 active listings

Sale-to-List Ratio

100.0%

434 sales

How this home compares

List Price

$840,000

vs $699,900 median

20.0% above median

Price / Sq Ft

$521

vs $381 median

36.7% above median

Days on Market

78 days

vs 43 days median

35 days longer than median

Based on 73 active and 434 closed sales (trailing 12 mo) of single family in Milford. Source: SmartMLS · As of July 28, 2026.

Location

231 West River Street, Milford, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$5,070

per month

  • Principal & Interest$4,283
  • Property Taxes$507
  • Insurance$280
  • HOA$0

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

Location

City/Town
Milford
Neighborhood
N/A
County
New Haven

Residence

Property Type
Single Family
Style
Cape Cod
Year Built
1921
New Construction
No/Resale
Living Area
1,613 sq ft

Schools

Elementary
Mathewson
High
Jonathan Law

Interior

Heating
Hot Water
Heat Fuel
Natural Gas
Cooling
None
Laundry
Lower Level
Appliances
Oven/RangeRefrigerator
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.20 acres
Zoning
R12.
Garage / Parking
1 garage space4 total parking spacesDetached GarageOff Street Parking
Waterfront Details
Beach Rights
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
Yes
Construction
Asbestos
Color
Red
Roof
Asphalt Shingle
Foundation
Stone
Lot Description
Level Lot

Listing & Financials

Property Taxes
$6,084 / Annually
Days on Market
78
MLS #
24174394
MLS Status
Active

Similar Properties

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Listed By

Chris Lovejoy

(203) 671-5684

Houlihan Lawrence WD

(203) 701-4848

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 7:05 AM UTC.