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8 Mill Cove Road

Ledyard, Connecticut 06335

ACTIVE$349,900

Reduced from $399,000

Beds
2
Baths
1
SqFt
864
Acres
0.35
Year Built
1956
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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Price Reduced

About This Home

Now available at 8 Mill Cove Rd., Gales Ferry, CT, this charming two-bedroom, one-bath home offers over 800 square feet of living space and the opportunity to enjoy year-round views of the Thames River without the expense of condo living or association fees. Featuring hardwood floors throughout, a newer boiler providing comfortable steam heat, and a flat backyard on a quiet cul-de-sac, this home is full of potential and ready to be brought back to life. The next owner can make the hardwood floors shine again and add their own personal touch to create a space they can truly call home. Launch your kayak just steps from the property, stroll to the nearby waterfront park, and experience the charm of the quaint Gales Ferry Village neighborhood. Conveniently located just minutes from shopping and everyday amenities, approximately 15 minutes to New London and East Lyme, 20 minutes to downtown Mystic, and about 15 minutes to Mohegan Sun and 20 minutes to Foxwoods, this location offers the perfect balance of privacy, recreation, and accessibility. If you've been searching for a quiet, quaint place to call home while enjoying the beauty of the Thames River and all that southeastern Connecticut has to offer, come take a look at this wonderful opportunity at 8 Mill Cove Rd.

Key Facts

City/Town
Ledyard
Neighborhood
Gales Ferry
Property / Style
Single Family · Ranch
Year Built
1956
Days on Market
19 days
Beds
2
Baths
1 full
Living Area
864 sq ft
Lot Size
0.35 acres
Property Taxes
$4,501 / Annually

Market Snapshot

The Ledyard Market

Single Family · trailing 12 months

Median Days on Market

21

20 active listings

Median $ / Sq Ft

$258

20 active listings

Sale-to-List Ratio

102.2%

201 sales

How this home compares

List Price

$349,900

vs $399,000 median

12.3% below median

Price / Sq Ft

$405

vs $258 median

57.0% above median

Days on Market

19 days

vs 21 days median

2 days fresher than median

Based on 20 active and 201 closed sales (trailing 12 mo) of single family in Ledyard. Source: SmartMLS · As of July 28, 2026.

Location

8 Mill Cove Road, Ledyard, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,276

per month

  • Principal & Interest$1,784
  • Property Taxes$375
  • Insurance$117
  • HOA$0

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

Location

City/Town
Ledyard
Neighborhood
Gales Ferry
County
New London

Residence

Property Type
Single Family
Style
Ranch
Year Built
1956
New Construction
No/Resale
Living Area
864 sq ft

Schools

Elementary
Gales Ferry
High
Per Board of Ed

Interior

Heating
Steam
Heat Fuel
Oil
Cooling
Window Unit
Laundry
Main Level
Appliances
Electric CooktopRefrigerator
Basement
Crawl SpaceConcrete Floor

Exterior & Lot

Lot Size
0.35 acres
Zoning
R40
Waterfront Details
Walk to WaterView
Water Source
Public Water Connected
Sewer
Septic
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level LotWater View

Listing & Financials

Property Taxes
$4,501 / Annually
Days on Market
19
MLS #
24190139
MLS Status
Active
Financing
FHA,VA,CHFA

Similar Properties

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

Listed By

Stephano Stravoravdis

(860) 801-2087

Real Broker CT, LLC

(860) 884-9511

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 5:15 AM UTC.