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161 Olive Street

New Haven, Connecticut 06511

ACTIVE$775,000
Beds
3
Baths
2
SqFt
1,945
Acres
0.07
Year Built
1870
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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2-Car Garage2 Fireplaces

About This Home

Rare historic Wooster Square compound featuring a detached carriage house and private garden retreat. Opportunities like this seldom come to market in New Haven's iconic Wooster Square Historic District. Built in 1870, this distinguished brick residence offers 3 BR, 2 full baths, and a rare blend of architectural character, flexible living space, and private outdoor living. Behind the historic brick facade, soaring ceilings, original details, and two decorative fireplaces evoke the craftsmanship & charm of a bygone era, while thoughtful updates provide modern comfort, including a remod 2nd bath. The unfinished third floor offers expansion potential and a lookout perch overlooking the neighborhood. The walk-out lower level has been transformed into a cozy cabin-inspired retreat, ideal for entertaining or relaxing, with abundant storage. Set on a fenced corner lot, the property lives like a private compound with mature landscaping, intimate garden spaces, and off-street parking-an unexpected retreat in the heart of the city. The detached carriage house has been extensively upgraded into a sophisticated home office & fitness studio, offering flexibility and potential Yale Homebuyer Program eligibility, with the option to convert back to a 2-car gar. Just moments from Wooster Square's cherry blossoms, farmers market, world-famous pizza, Union Station,Yale,Yale NH Hospital, downtown, restaurants, and major highways. Historic. Private. Flexible. Walkable.

Key Facts

City/Town
New Haven
Neighborhood
Wooster Square
Property / Style
Single Family · Colonial
Year Built
1870
Days on Market
28 days
Beds
3
Baths
2 full
Living Area
1,945 sq ft
Lot Size
0.07 acres
Garage / Parking
2 garage · 4 total
Property Taxes
$14,102 / Annually

Market Snapshot

The New Haven Market

Single Family · trailing 12 months

Median Days on Market

30

47 active listings

Median $ / Sq Ft

$278

47 active listings

Sale-to-List Ratio

101.4%

280 sales

How this home compares

List Price

$775,000

vs $420,000 median

84.5% above median

Price / Sq Ft

$398

vs $278 median

43.2% above median

Days on Market

28 days

vs 30 days median

2 days fresher than median

Based on 47 active and 280 closed sales (trailing 12 mo) of single family in New Haven. Source: SmartMLS · As of July 28, 2026.

Location

161 Olive Street, New Haven, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$5,384

per month

  • Principal & Interest$3,951
  • Property Taxes$1,175
  • Insurance$258
  • HOA$0

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

Location

City/Town
New Haven
Neighborhood
Wooster Square
County
New Haven

Residence

Property Type
Single Family
Style
Colonial
Year Built
1870
New Construction
No/Resale
Living Area
1,945 sq ft
Below Grade
100 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Natural Gas
Cooling
Window Unit
Fireplaces
2
Laundry
Lower Level
Appliances
Electric CooktopConvection Oven
Basement
FullStoragePartially FinishedWalk-out
In-Law Apartment
PossibleOver Garage

Exterior & Lot

Lot Size
0.07 acres
Zoning
RM2
Garage / Parking
2 garage spaces4 total parking spacesDetached GarageOff Street ParkingDrivewayAsphalt
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Brick
Color
Red
Roof
Asphalt ShingleFlat
Foundation
Stone
Exterior Features
Porch
Lot Description
Fence - Chain LinkCorner Lot

Listing & Financials

Property Taxes
$14,102 / Annually
Days on Market
28
MLS #
24187215
MLS Status
Active

Similar Properties

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

Listed By

Marc Seigel

(203) 494-3888

RE/MAX RISE

Co-Listed By

Lauren Seigel-Gross

RE/MAX RISE

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 6:10 AM UTC.