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46 First Avenue

Waterford, Connecticut 06385

ACTIVE - NEW$499,000
Beds
3
Baths
2
SqFt
2,376
Acres
0.23
Year Built
1986
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Lovingly updated and full of charm, this 3-bedroom, 2-full bath home is tucked into Waterford's desirable Avenues neighborhood, just a short stroll from the Niantic River. Set on a generous corner lot, this move-in ready home offers the perfect blend of character, thoughtful updates, and flexible living space. The main level features an updated kitchen with granite countertops, refreshed bathrooms, a convenient stackable laundry area, and a bedroom located next to a full bath, offering an ideal option for one-level living, a home office, or guest space. Energy-efficient mini splits provide year-round comfort. Outside, enjoy a private backyard with a spacious deck, perfect for relaxing, entertaining, or summer BBQs, plus a storage shed and recently paved driveway. The newly finished lower level adds even more versatility with its own separate entrance, an additional bedroom, full bathroom, and a kitchenette could easily be added. Whether you're looking for guest space, an in-law setup, multigenerational living, a private workspace, or bonus recreation space, the possibilities are endless. Conveniently located near downtown Niantic, beaches, Harkness Memorial State Park, shopping, restaurants, Electric Boat, the Naval Submarine Base, the Coast Guard Academy, and major highways, this beautifully maintained home is ready for its next chapter.

Key Facts

City/Town
Waterford
Neighborhood
N/A
Property / Style
Single Family · Cape Cod
Year Built
1986
Days on Market
9 days
Beds
3
Baths
2 full
Living Area
2,376 sq ft
Lot Size
0.23 acres
Property Taxes
$5,122 / Annually

Market Snapshot

The Waterford Market

Single Family · trailing 12 months

Median Days on Market

12

24 active listings

Median $ / Sq Ft

$281

24 active listings

Sale-to-List Ratio

100.0%

209 sales

How this home compares

List Price

$499,000

vs $479,450 median

In line with median

Price / Sq Ft

$210

vs $281 median

25.3% below median

Days on Market

9 days

vs 12 days median

3 days fresher than median

Based on 24 active and 209 closed sales (trailing 12 mo) of single family in Waterford. Source: SmartMLS · As of July 28, 2026.

Location

46 First Avenue, Waterford, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,137

per month

  • Principal & Interest$2,544
  • Property Taxes$427
  • Insurance$166
  • HOA$0

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

Location

City/Town
Waterford
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Cape Cod
Year Built
1986
New Construction
No/Resale
Living Area
2,376 sq ft
Below Grade
1,032 sq ft

Schools

Elementary
Oswegatchie
High
Waterford

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Ductless
Laundry
Main Level
Appliances
Electric RangeRange HoodRefrigeratorFreezerIcemakerDishwasherWasherDryer
Basement
FullFully FinishedFull With Walk-Out

Exterior & Lot

Lot Size
0.23 acres
Zoning
VR-10
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Color
white
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
Underground UtilitiesShedDeck
Lot Description
Corner LotLevel Lot

Listing & Financials

Property Taxes
$5,122 / Annually
Days on Market
9
MLS #
24192767
MLS Status
Active
Financing
FHA,VA,CHFA

Similar Properties

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

Listed By

Emily Myers

(860) 961-0241

RE/MAX Legends

(860) 451-8000

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 5:20 AM UTC.