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314 Ocean Avenue

New London, Connecticut 06320

PENDING$439,000

Reduced from $469,000

Beds
5
Baths
1 | 1
SqFt
2,216
Acres
0.28
Year Built
1906
Matt Caiola

Matt Caiola

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1 FireplacePrice Reduced

About This Home

Stately and timeless, this 4-bedroom Colonial has been lovingly cared for by the same family for generations. Freshly painted and in true move-in condition, the home offers classic charm with everyday comfort. Featuring shingled siding, a spacious layout, screened porch, and 1 full and 1 half bath, this residence provides the perfect blend of character and functionality. A detached two-car garage adds convenience, while municipal water, sewer, and gas heat ensure ease of living. Ideally located just a short distance to area beaches, deep-water marinas, Lawrence & Memorial Hospital and great restaurants, this home offers both lifestyle and location in one of New London's most established coastal neighborhoods.

Key Facts

City/Town
New London
Neighborhood
Ocean Beach
Property / Style
Single Family · Colonial,Victorian
Year Built
1906
Days on Market
36 days
Beds
5
Baths
1 full · 1 half
Living Area
2,216 sq ft
Lot Size
0.28 acres
Property Taxes
$6,537 / Annually

Market Snapshot

The New London Market

Single Family · trailing 12 months

Median Days on Market

46

13 active listings

Median $ / Sq Ft

$237

13 active listings

Sale-to-List Ratio

100.3%

113 sales

How this home compares

List Price

$439,000

vs $260,000 median

68.8% above median

Price / Sq Ft

$198

vs $237 median

16.5% below median

Days on Market

36 days

vs 46 days median

10 days fresher than median

Based on 13 active and 113 closed sales (trailing 12 mo) of single family in New London. Source: SmartMLS · As of July 29, 2026.

Location

314 Ocean Avenue, New London, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,929

per month

  • Principal & Interest$2,238
  • Property Taxes$545
  • Insurance$146
  • HOA$0

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

Location

City/Town
New London
Neighborhood
Ocean Beach
County
New London

Residence

Property Type
Single Family
Style
Colonial,Victorian
Year Built
1906
New Construction
No/Resale
Living Area
2,216 sq ft

Schools

Elementary
Per Board of Ed
High
New London

Interior

Heating
Steam
Heat Fuel
Gas In Street
Cooling
None
Fireplaces
1
Laundry
Main Level
Laundry Location
Main level off kitchen
Appliances
Oven/RangeRefrigeratorWasherDryer
Basement
FullUnfinished
Interior Features
Cable - Available
Additional Rooms
Foyer

Exterior & Lot

Lot Size
0.28 acres
Zoning
R-1A
Waterfront Details
Walk to WaterWater Community
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
ShakeWood
Roof
Asphalt Shingle
Foundation
Brick
Exterior Features
Porch-EnclosedPorchDeck
Lot Description
Level LotSloping Lot

Listing & Financials

Property Taxes
$6,537 / Annually
Days on Market
36
MLS #
24176372
MLS Status
Under Contract

Similar Properties

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Listed By

Judith Caracausa

(860) 912-9903

William Pitt Sotheby's Int'l

(860) 536-5900

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 11:01 AM UTC.