586 West Thames Street #501
Norwich, Connecticut 06360
- Beds
- 2
- Baths
- 2 | 1
- SqFt
- 2,160
- Year Built
- 2003
- Neighborhood
- Trading Cove
- Property Type
- Condo

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
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
Active Listings
7
15 under contract
Median List Price
$249,000
7 active listings
Median Closed Price
$237,500
92 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
Homes with a close match in area, property type, and price.
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.