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81 River Road

Preston, Connecticut 06365

ACTIVE - NEW$270,000
Beds
3
Baths
1
SqFt
960
Acres
0.37
Year Built
1962
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Beautiful River Road in Preston is one of the most desirable street in town. Starting with the good stuff.. The home feature central air, 200 amp electric, thermophane windows and hardwood floors. The exterior feature a newer roof, vinyl siding and a yard with multiple shade trees. Now for the challenge.. The interior needs significant renovations in all areas. The septic system needs replacement. A considerable concession on price has been built in. This home is either a cash purchase or a renovation loan to bring it to its full potential and create instant equity. A great opportunity in a special location.

Key Facts

City/Town
Preston
Neighborhood
N/A
Property / Style
Single Family · Ranch
Year Built
1962
Days on Market
0 days
Beds
3
Baths
1 full
Living Area
960 sq ft
Lot Size
0.37 acres
Garage / Parking
6 total
Property Taxes
$3,791 / Annually

Market Snapshot

The Preston Market

Single Family · trailing 12 months

Median Days on Market

11

7 active listings

Median $ / Sq Ft

$286

7 active listings

Sale-to-List Ratio

100.9%

43 sales

How this home compares

List Price

$270,000

vs $475,000 median

43.2% below median

Price / Sq Ft

$281

vs $286 median

In line with median

Days on Market

0 days

vs 11 days median

11 days fresher than median

Based on 7 active and 43 closed sales (trailing 12 mo) of single family in Preston. Source: SmartMLS · As of July 30, 2026.

Location

81 River Road, Preston, Connecticut

Property + 10 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,783

per month

  • Principal & Interest$1,377
  • Property Taxes$316
  • Insurance$90
  • HOA$0

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

Location

City/Town
Preston
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Ranch
Year Built
1962
New Construction
No/Resale
Living Area
960 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
Central Air
Laundry
Main Level
Laundry Location
kitchen
Appliances
Oven/RangeRange HoodWasherElectric Dryer
Basement
FullPartially FinishedFull With Walk-Out
Interior Features
Cable - Pre-wired

Exterior & Lot

Lot Size
0.37 acres
Zoning
R-60
Garage / Parking
6 total parking spacesPavedDrivewayPrivate
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Construction
Vinyl Siding
Color
blue
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
Shed
Lot Description
Lightly WoodedLevel Lot

Listing & Financials

Property Taxes
$3,791 / Annually
Days on Market
0
MLS #
24193854
MLS Status
Active

Similar Properties

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

Listed By

Leo Chomen

Signature Properties of N.E.

(860) 447-8839

Co-Listed By

Monica Obuchowski

Signature Properties of N.E.

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/30/2026. 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 7/30/2026 at 6:50 PM UTC.