20 Terrace Avenue
Groton, Connecticut 06340
- Beds
- 1
- Baths
- 1
- SqFt
- 939
- Acres
- 0.48
- Year Built
- 1940
- Neighborhood
- Noank
- Property Type
- Single Family

Matt Caiola
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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
Active Listings
43
42 under contract
Median List Price
$650,000
43 active listings
Median Closed Price
$450,000
301 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 30, 2026per 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
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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 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.