8 Mill Cove Road
Ledyard, Connecticut 06335
Reduced from $399,000
- Beds
- 2
- Baths
- 1
- SqFt
- 864
- Acres
- 0.35
- Year Built
- 1956
- Neighborhood
- Gales Ferry
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
20
40 under contract
Median List Price
$399,000
20 active listings
Median Closed Price
$420,000
201 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
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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.