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48 Bakers Cove

Groton, Connecticut 06340

PENDING$1,675,000

Reduced from $1,880,000

Beds
4
Baths
3 | 1
SqFt
3,167
Acres
0.48
Year Built
2020
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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WaterfrontDock / MooringPool2-Car Garage2 FireplacesPrice Reduced

About This Home

Welcome to an exceptional waterfront opportunity on the sought-after Bakers Cove Peninsula. This newly built 4-bedroom, 3.5-bath home at 48 Bakers Cove Lane offers breathtaking views of Bakers Cove and Bluff Point State Park, combining luxury, privacy, and the quintessential coastal lifestyle. The thoughtfully designed open floor plan is enhanced by high-end finishes, including 5-inch hardwood flooring, cedar shake siding, and beautiful stone countertops throughout. Outdoor living is equally impressive, with a waterfront saltwater pool surrounded by expansive entertaining areas, professionally designed landscaping, and stunning water views. A boat slip at the community dock further enhances the property's exceptional waterfront amenities. Adding tremendous value to this offering is the adjacent approved buildable lot at 36 Bakers Cove Lane, included in the sale. This separate parcel provides a rare opportunity to build an additional home or create guest accommodations. The additional parcel also includes a second boat slip associated with the lot, providing an exceptional combination of land and waterfront access. Newer construction, sophisticated finishes, professionally designed grounds, two boat slips, a waterfront pool, and the unique advantage of an approved building lot included in the sale, 48 Bakers Cove Lane presents a truly rare waterfront opportunity.

Key Facts

City/Town
Groton
Neighborhood
Jupiter Point
Property / Style
Single Family · Cape Cod,Ranch
Year Built
2020
Days on Market
62 days
Beds
4
Baths
3 full · 1 half
Living Area
3,167 sq ft
Lot Size
0.48 acres
Garage / Parking
2 garage
Property Taxes
$18,009 / Annually

Market Snapshot

The Groton Market

Single Family · trailing 12 months

Median Days on Market

39

47 active listings

Median $ / Sq Ft

$293

47 active listings

Sale-to-List Ratio

100.0%

293 sales

How this home compares

List Price

$1.68M

vs $575,000 median

2.9× the median

Price / Sq Ft

$529

vs $293 median

80.5% above median

Days on Market

62 days

vs 39 days median

23 days longer than median

Based on 47 active and 293 closed sales (trailing 12 mo) of single family in Groton. Source: SmartMLS · As of October 9, 2026.

Location

48 Bakers Cove, Groton, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$11,337

per month

  • Principal & Interest$9,278
  • Property Taxes$1,501
  • Insurance$558
  • HOA$0

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

Location

City/Town
Groton
Neighborhood
Jupiter Point
County
New London

Residence

Property Type
Single Family
Style
Cape Cod,Ranch
Year Built
2020
New Construction
No/Resale
Living Area
3,167 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Propane
Cooling
Central Air
Fireplaces
2
Appliances
Gas CooktopMicrowaveRefrigeratorDishwasherWasherElectric Dryer
Basement
FullFull With Hatchway

Exterior & Lot

Lot Size
0.48 acres
Zoning
R12
Garage / Parking
2 garage spacesAttached Garage
Waterfront
Direct waterfront
Waterfront Details
Ocean FrontageWalk to WaterDock or MooringView
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Pool
HeatedSalt WaterIn Ground Pool
Construction
Shake
Color
Gray cedar
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
SidewalkDeckLightingFrench Doors
Lot Description
Water View

Listing & Financials

Property Taxes
$18,009 / Annually
Days on Market
62
MLS #
24197802
MLS Status
Under Contract - Continue to Show

Similar Properties

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

Listed By

Justin Bradley

(860) 961-1846

Coldwell Banker Realty

(860) 739-6277

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

The IDX display contains information sourced from SmartMLS, Inc. as of 10/9/2026. 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 10/9/2026 at 7:55 AM UTC.