62 Admiral Drive
New London, Connecticut 06320
Reduced from $800,000
- Beds
- 3
- Baths
- 2 | 1
- SqFt
- 4,116
- Acres
- 0.29
- Year Built
- 1970
- Property Type
- Single Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
A stylish contemporary interior with water views and deeded rights to Billard Beach is tucked within the familiar profile of a raised ranch, creating a distinctive coastal opportunity. The entry landing makes an immediate impression with expansive, light-filled windows framing ocean views and overlooking a private outdoor retreat with a built-in pool. The main level offers a kitchen, formal living room with vaulted ceiling and skylight, dining room with sliders to a covered wraparound deck, a spacious great room with balcony, guest half bath, and a primary bedroom suite with dual closets and a full bath featuring a new oversized walk-in shower. The lower level adds two bedrooms, a full bath, laundry area, storage space, and a comfortable feature room with a gas fireplace. This opportunity for a new owner-occupied home offers the next buyer the chance to bring their own design vision to a property with exceptional setting, beach access, and lifestyle appeal. Thoughtful consideration may be given to offers that reflect desired cosmetic updates, potential remodeling plans, and the work a buyer may choose to complete after closing. An oversized garage, practical storage areas, and annual beach dues of approximately $100 further enhance the value. Contractor packages for remodeling and upgrades are available for review.
Key Facts
- City/Town
- New London
- Neighborhood
- N/A
- Property / Style
- Single Family · Raised Ranch
- Year Built
- 1970
- Days on Market
- 65 days
- Beds
- 3
- Baths
- 2 full · 1 half
- Living Area
- 4,116 sq ft
- Lot Size
- 0.29 acres
- Garage / Parking
- 2 garage
- Property Taxes
- $9,352 / Annually
- HOA Fee
- $100 / Annually
Market Snapshot
The New London Market
Single Family · trailing 12 months
Active Listings
21
14 under contract
Median List Price
$350,000
21 active listings
Median Closed Price
$357,000
110 sales
Median Days on Market
52
21 active listings
Median $ / Sq Ft
$250
21 active listings
Sale-to-List Ratio
100.8%
110 sales
How this home compares
List Price
$750,000
vs $350,000 median
2.1× the median
Price / Sq Ft
$182
vs $250 median
27.2% below median
Days on Market
65 days
vs 52 days median
13 days longer than median
Based on 21 active and 110 closed sales (trailing 12 mo) of single family in New London. Source: SmartMLS · As of October 12, 2026.
Location
62 Admiral Drive, New London, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 8, 2026per month
- Principal & Interest$4,154
- Property Taxes$779
- Insurance$250
- HOA$8
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New London
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Raised Ranch
- Year Built
- 1970
- New Construction
- No/Resale
- Living Area
- 4,116 sq ft
- Below Grade
- 1,238 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Electric
- Cooling
- Central Air
- Fireplaces
- 1
- Laundry
- Lower Level
- Appliances
- Oven/RangeCompactor
- Basement
- FullHeatedFully FinishedGarage AccessCooledInterior AccessLiveable Space
- In-Law Apartment
- PossibleLower Level
- Additional Rooms
- Bonus Room
Exterior & Lot
- Lot Size
- 0.29 acres
- Zoning
- R-1
- Garage / Parking
- 2 garage spacesAttached GarageUnder House Garage
- Waterfront Details
- Walk to WaterBeach RightsViewAccess
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Pool
- In Ground Pool
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Masonry
- Exterior Features
- Underground UtilitiesWrap Around DeckDeckGuttersGarden AreaCovered Deck
- Lot Description
- Level LotWater View
HOA / Association
- Fee
- $100 / Annually
Listing & Financials
- Property Taxes
- $9,352 / Annually
- Days on Market
- 65
- MLS #
- 24197109
- MLS Status
- Under Contract - Continue to Show
Similar Properties
Homes with a close match in area, property type, and price.
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 10/12/2026. 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 10/12/2026 at 6:15 PM UTC.