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586 West Thames Street #501

Norwich, Connecticut 06360

ACTIVE$450,000
Beds
2
Baths
2 | 1
SqFt
2,160
Year Built
2003
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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Elevator1-Car Garage1 Fireplace

About This Home

Rarely available, 586 West Thames St luxury end-unit!! This stunning, luxurious ranch style end-unit is a showstopper! Meticulously maintained with every attention to detail, magnificent panoramic river views and the convenience of modern luxury awaits you. Cove View Towers offers a peaceful condominium community with unparalleled spaces for you to enjoy both inside and out. Just minutes from Mohegan Sun and Foxwoods casinos with options for luxury dining, spas and shows, as well as highways and other local amenities. Water views from nearly every room will stop you in your tracks as you enter this top-floor end unit. Gleaming engineered wood floors and an open concept kitchen-living room and dining area that take in the sweeping panoramic views. Modern kitchen features custom cabinetry, granite counters, stainless steel appliances, and a tile backsplash with a full bar top and stools. Living room offers a beautiful and convenient gas fireplace and a slider out to the balcony patio overlooking the water. Two large, ample-sized bedrooms include a primary bedroom suite with a vanity, sitting area, walk-in closet, and a large en-suite bathroom with a soaking tub, double vanity and custom tile shower with bench seating and a pebble floor. Luxury abounds with automated blinds, crown moulding, attached unlimited parking garage, elevator access, on-site gym, movie theater entertainment area and so much more! Don't miss out and call this home today!

Key Facts

City/Town
Norwich
Neighborhood
Trading Cove
Property / Style
Condo · Ranch
Year Built
2003
Days on Market
25 days
Beds
2
Baths
2 full · 1 half
Living Area
2,160 sq ft
Garage / Parking
1 garage
Property Taxes
$9,828 / Annually
HOA Fee
$1,091 / Monthly

Market Snapshot

The Norwich Market

Condo · trailing 12 months

Median Days on Market

25

7 active listings

Median $ / Sq Ft

$202

7 active listings

Sale-to-List Ratio

100.0%

92 sales

How this home compares

List Price

$450,000

vs $249,000 median

80.7% above median

Price / Sq Ft

$208

vs $202 median

In line with median

Days on Market

25 days

vs 25 days median

In line with median

Based on 7 active and 92 closed sales (trailing 12 mo) of condo in Norwich. Source: SmartMLS · As of July 28, 2026.

Location

586 West Thames Street #501, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,354

per month

  • Principal & Interest$2,294
  • Property Taxes$819
  • Insurance$150
  • HOA$1,091

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

Location

City/Town
Norwich
Neighborhood
Trading Cove
County
New London

Residence

Property Type
Condo
Subtype
Condominium
Style
Ranch
Year Built
2003
New Construction
No/Resale
Living Area
2,160 sq ft

Schools

Elementary
Thomas W. Mahan
High
Norwich Free Academy

Interior

Heating
Heat Pump
Heat Fuel
Natural Gas
Cooling
Central Air
Fireplaces
1
Laundry
Main Level
Laundry Location
private hallway closet
Appliances
Gas CooktopOven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
None
Interior Features
Auto Garage Door OpenerCable - AvailableElevatorIntercomOpen Floor PlanSecurity System

Exterior & Lot

Zoning
MF
Garage / Parking
1 garage spaceAttached GarageUnder House Garage
Waterfront Details
View
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Stone
Lot Description
Level LotOn Cul-De-SacWater View

HOA / Association

Fee
$1,091 / Monthly

Listing & Financials

Property Taxes
$9,828 / Annually
Days on Market
25
MLS #
24187852
MLS Status
Active

Similar Properties

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Listed By

Kristin Callahan

(860) 938-4256

eXp Realty

(866) 828-3951

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 6:50 AM UTC.