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20 Terrace Avenue

Groton, Connecticut 06340

ACTIVE - NEW$425,000
Beds
1
Baths
1
SqFt
939
Acres
0.48
Year Built
1940
Matt Caiola

Matt Caiola

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2-Car Garage1 Fireplace

About This Home

Don't miss this exceptional opportunity to build in one of the area's most desirable waterfront communities. Located in the heart of the Village of Noank, this 0.478-acre property offers the perfect setting to build your dream home. Potential water views may be available from a newly constructed residence. Existing structures on the property are uninhabitable. Do not enter any structures on the property under any circumstances. Noank is a charming seaside village cherished for its rich maritime heritage, picturesque waterfront, and quintessential New England character. Residents enjoy easy access to boating, marinas, beaches, and local dining, with Downtown Mystic just minutes away. With its peaceful coastal setting and strong sense of community, Noank continues to be one of southeastern Connecticut's most sought-after places.

Key Facts

City/Town
Groton
Neighborhood
Noank
Property / Style
Single Family · Ranch,Cottage
Year Built
1940
Days on Market
0 days
Beds
1
Baths
1 full
Living Area
939 sq ft
Lot Size
0.48 acres
Garage / Parking
2 garage · 2 total
Property Taxes
$4,227 / Annually

Market Snapshot

The Groton Market

Single Family · trailing 12 months

Median Days on Market

49

43 active listings

Median $ / Sq Ft

$354

43 active listings

Sale-to-List Ratio

100.0%

301 sales

How this home compares

List Price

$425,000

vs $650,000 median

34.6% below median

Price / Sq Ft

$453

vs $354 median

28.0% above median

Days on Market

0 days

vs 49 days median

49 days fresher than median

Based on 43 active and 301 closed sales (trailing 12 mo) of single family in Groton. Source: SmartMLS · As of August 6, 2026.

Location

20 Terrace Avenue, Groton, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,679

per month

  • Principal & Interest$2,185
  • Property Taxes$352
  • Insurance$142
  • HOA$0

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

Location

City/Town
Groton
Neighborhood
Noank
County
New London

Residence

Property Type
Single Family
Style
Ranch,Cottage
Year Built
1940
New Construction
No/Resale
Living Area
939 sq ft

Schools

Elementary
Per Board of Ed
High
Fitch Senior

Interior

Heating
No Heat
Cooling
None
Fireplaces
1
Appliances
None
Basement
PartialDirt FloorPartial With Walk-Out
In-Law Apartment
No

Exterior & Lot

Lot Size
0.48 acres
Zoning
RV
Garage / Parking
2 garage spaces2 total parking spacesDetached GarageDrivewayPrivateDirt
Waterfront Details
View
Water Source
Public Water Connected
Sewer
Septic
Flood Zone
Yes
Construction
ClapboardWood
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Sloping Lot

Listing & Financials

Property Taxes
$4,227 / Annually
Days on Market
0
MLS #
24197115
MLS Status
Active

Similar Properties

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

Listed By

Gregory Broadbent

(860) 460-6939

RE/MAX Coast and Country

(860) 536-7600

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

The IDX display contains information sourced from SmartMLS, Inc. as of 8/6/2026. 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 8/6/2026 at 1:35 AM UTC.