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3 Florence Drive

Groton, Connecticut 06355

PENDING$362,500
Beds
3
Baths
2
SqFt
1,503
Acres
0.47
Year Built
1992
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Welcome to 3 Florence Dr! This 3 bedroom 2 bath West Mystic ranch has a lot of potential for first time home buyers, those downsizing and looking for single-level living, or someone handy to bring this manageable-sized home up to speed with their finishing touches. The main level has low-maintenance laminate flooring throughout and offers 2 spacious sunlit living rooms, a formal dining room which steps out onto a deck overlooking the private backyard, a centrally located kitchen with breakfast bar and plenty of storage, a full bathroom, and 3 bedrooms including a primary suite complete with it's own private bathroom. The large lower level includes laundry hookups and could be finished for additional living space or utilized for storage. Outside you'll find a large flat backyard and shed, and a convenient location on a cul-de-sac within a short commute to downtown Mystic with shops & restaurants, Mystic Seaport & Aquarium, I-95 with access to Electric Boat, the Groton SubBase, and so much more. Due to limited knowledge of the overall condition, this is an as-is sale and any government-backed financing could require repairs. Cash or conventional financing preferred.

Key Facts

City/Town
Groton
Neighborhood
West Mystic
Property / Style
Single Family · Ranch
Year Built
1992
Days on Market
42 days
Beds
3
Baths
2 full
Living Area
1,503 sq ft
Lot Size
0.47 acres
Garage / Parking
4 total
Property Taxes
$5,703 / Annually

Market Snapshot

The Groton Market

Single Family · trailing 12 months

Median Days on Market

42

45 active listings

Median $ / Sq Ft

$331

45 active listings

Sale-to-List Ratio

100.0%

291 sales

How this home compares

List Price

$362,500

vs $585,000 median

38.0% below median

Price / Sq Ft

$241

vs $331 median

27.2% below median

Days on Market

42 days

vs 42 days median

In line with median

Based on 45 active and 291 closed sales (trailing 12 mo) of single family in Groton. Source: SmartMLS · As of July 28, 2026.

Location

3 Florence Drive, Groton, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,444

per month

  • Principal & Interest$1,848
  • Property Taxes$475
  • Insurance$121
  • HOA$0

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

Location

City/Town
Groton
Neighborhood
West Mystic
County
New London

Residence

Property Type
Single Family
Style
Ranch
Year Built
1992
New Construction
No/Resale
Living Area
1,503 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
None
Laundry
Lower Level
Laundry Location
Lower level hookups
Appliances
Electric CooktopWall OvenMicrowaveRefrigeratorDishwasher
Basement
FullUnfinishedInterior AccessConcrete FloorFull With Hatchway
In-Law Apartment
PossibleLower Level
Interior Features
Cable - AvailableOpen Floor Plan

Exterior & Lot

Lot Size
0.47 acres
Zoning
RS-20
Garage / Parking
4 total parking spacesPavedOff Street ParkingDrivewayPaved
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Flood Zone
No
Construction
Aluminum
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
ShedDeckGuttersLighting
Lot Description
Level LotOn Cul-De-Sac

Listing & Financials

Property Taxes
$5,703 / Annually
Days on Market
42
MLS #
24183886
MLS Status
Under Contract

Similar Properties

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Listed By

Geoff Smith

(860) 912-3209

RE/MAX on the Bay

(860) 739-0888

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 6:01 AM UTC.