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32 Cedar Lane

Montville, Connecticut 06382

ACTIVE - NEW$499,900
Beds
6
Baths
3
SqFt
2,654
Acres
0.44
Year Built
1958
Matt Caiola

Matt Caiola

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About This Home

Rare real estate opportunity offering three separate living spaces across two ranch-style homes on a .44 acre lot in the heart of Uncasville. Ideal for multigenerational living, owner-occupants looking to offset their mortgage, or investors seeking the flexibility of a multi-income property. Live in one residence while renting the others, create the perfect in-law setup, or maximize rental potential. The front home offers approximately 1,000 sq. ft. with 3 bedrooms, 1 bath, central air, fireplace, and whole-house generator. The in-law apartment with it's separate entrance on the lower level provides approximately 850 additional sq. ft. with a kitchen area, full bath, bedroom, and flexible living space ideal for extended family, guests, or additional income potential. The second home is a fully independent residence featuring a living room, kitchen, bedroom, office/flex room, central air, private wrap-around deck, attached two-car garage, walk-out basement and its own driveway for added privacy. A newly installed 1,000-gallon septic system (May 2026), separate driveways, and location add lasting value. Conveniently located minutes from I-395, Mohegan Sun, shopping, dining, General Dynamics Electric Boat, the U.S. Naval Submarine Base New London, and the U.S. Coast Guard Academy, this is a truly unique opportunity with exceptional flexibility and long-term investment potential.

Key Facts

City/Town
Montville
Neighborhood
Uncasville
Property / Style
Single Family · Ranch
Year Built
1958
Days on Market
8 days
Beds
6
Baths
3 full
Living Area
2,654 sq ft
Lot Size
0.44 acres
Garage / Parking
2 garage · 6 total
Property Taxes
$7,004 / Annually

Market Snapshot

The Montville Market

Single Family · trailing 12 months

Median Days on Market

18

11 active listings

Median $ / Sq Ft

$219

11 active listings

Sale-to-List Ratio

103.2%

204 sales

How this home compares

List Price

$499,900

vs $489,900 median

In line with median

Price / Sq Ft

$188

vs $219 median

14.2% below median

Days on Market

8 days

vs 18 days median

10 days fresher than median

Based on 11 active and 204 closed sales (trailing 12 mo) of single family in Montville. Source: SmartMLS · As of July 28, 2026.

Location

32 Cedar Lane, Montville, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,300

per month

  • Principal & Interest$2,549
  • Property Taxes$584
  • Insurance$167
  • HOA$0

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

Location

City/Town
Montville
Neighborhood
Uncasville
County
New London

Residence

Property Type
Single Family
Style
Ranch
Year Built
1958
New Construction
No/Resale
Living Area
2,654 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
Central Air
Laundry Location
lower level
Appliances
Oven/RangeRange HoodRefrigerator
Basement
FullFull With Walk-Out
In-Law Apartment
YesDetached

Exterior & Lot

Lot Size
0.44 acres
Zoning
R20
Garage / Parking
2 garage spaces6 total parking spacesDetached GarageDrivewayPavedPrivate
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Public Sewer ConnectedSeptic
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Masonry
Exterior Features
Porch-Wrap AroundPorchDeckPatio
Lot Description
Sloping LotOn Cul-De-SacCleared

Listing & Financials

Property Taxes
$7,004 / Annually
Days on Market
8
MLS #
24192828
MLS Status
Active
Financing
FHA,VA,CHFA

Similar Properties

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Listed By

Kristopher Tramont

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 4:25 AM UTC.