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121 River Road

Preston, Connecticut 06365

ACTIVE$355,000

Reduced from $365,000

Beds
3
Baths
2
SqFt
1,296
Acres
0.52
Year Built
1962
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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1-Car Garage1 FireplacePrice Reduced

About This Home

New roof, carpet and LED lighting plus one level living at this ranch in Preston! Charming 3 BD, 2BA home set on just over half an acre. Wood burning fireplace in living room with mantel. Eat-in kitchen with breakfast bar, enclosed porch overlooks the wooded backyard. Laundry in basement, plus workshop, storage, and an under house garage with automatic door opener. Enjoy the privacy and outdoor potential of the .52-acre lot while still being just minutes from local shopping, dining, Foxwoods & Mohegan Sun casino, Rhode Island and CT shoreline. Updates include 200 amp electrical service, newer furnace and engineered well. Contact your agent today to schedule a showing!

Key Facts

City/Town
Preston
Neighborhood
N/A
Property / Style
Single Family · Ranch
Year Built
1962
Days on Market
75 days
Beds
3
Baths
2 full
Living Area
1,296 sq ft
Lot Size
0.52 acres
Garage / Parking
1 garage
Property Taxes
$3,918 / Annually

Market Snapshot

The Preston Market

Single Family · trailing 12 months

Median Days on Market

40

7 active listings

Median $ / Sq Ft

$274

7 active listings

Sale-to-List Ratio

100.9%

43 sales

How this home compares

List Price

$355,000

vs $489,000 median

27.4% below median

Price / Sq Ft

$274

vs $274 median

In line with median

Days on Market

75 days

vs 40 days median

35 days longer than median

Based on 7 active and 43 closed sales (trailing 12 mo) of single family in Preston. Source: SmartMLS · As of July 29, 2026.

Location

121 River Road, Preston, Connecticut

Property + 8 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,255

per month

  • Principal & Interest$1,810
  • Property Taxes$327
  • Insurance$118
  • HOA$0

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

Location

City/Town
Preston
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Ranch
Year Built
1962
New Construction
No/Resale
Living Area
1,296 sq ft

Schools

Elementary
Per Board of Ed
Middle
Preston Veterans Memorial Scho
High
Norwich Free Academy

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
Ceiling FansWindow Unit
Fireplaces
1
Laundry
Lower Level
Laundry Location
Basement
Appliances
Oven/RangeMicrowaveRefrigerator
Basement
FullUnfinishedStorageGarage AccessInterior AccessConcrete Floor
In-Law Apartment
No
Interior Features
Auto Garage Door OpenerSecurity System
Additional Rooms
SolariumWorkshop

Exterior & Lot

Lot Size
0.52 acres
Zoning
R-60
Garage / Parking
1 garage spaceUnder House Garage
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Construction
Wood
Color
slate blue
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
Porch-ScreenedPorch-EnclosedPorchGuttersLighting
Lot Description
Lightly WoodedSloping Lot

Listing & Financials

Property Taxes
$3,918 / Annually
Days on Market
75
MLS #
24174437
MLS Status
Active
Financing
FHA,VA,CHFA

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Molly Bruno

(860) 961-8627

The Utopia Real Estate Company

Co-Listed By

Katie Paschalides

The Utopia Real Estate Company

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. 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 7/29/2026 at 4:00 AM UTC.