46 First Avenue
Waterford, Connecticut 06385
- Beds
- 3
- Baths
- 2
- SqFt
- 2,376
- Acres
- 0.23
- Year Built
- 1986
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
24
34 under contract
Median List Price
$479,450
24 active listings
Median Closed Price
$440,000
209 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
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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 5:20 AM UTC.