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558 Ocean Avenue

New London, Connecticut 06320

PENDING$448,000
Beds
3
Baths
1 | 1
SqFt
1,988
Acres
0.29
Year Built
1927
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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2-Car Garage1 Fireplace

About This Home

Welcome to this charming 3-bedroom, 1.5-bath Colonial offering 1,988 SF of living space, classic character and a desirable New London location south of Yale New Haven Hospital. Step inside to an inviting foyer with custom woodwork, hardwood floors and abundant natural light. The spacious living room features a wood-burning fireplace and adjoining den/home office. The formal dining room showcases a beautiful coffered ceiling and opens to an updated kitchen with white cabinetry, granite counters, stainless steel appliances and tile flooring. A half bath completes the main level. Upstairs are 3 comfortable bedrooms with hardwood floors and a full tiled bath. Three mini-split systems provide cool, comfortable summer days. Potential for finished heated basement offering additional flexible space. Outside, enjoy a large composite deck overlooking the level backyard, plus a detached 2-car garage with workshop and additional parking off Plant St. Natural gas heat, public water & sewer. Just one block to Toby May Park and close to Mitchell College, Yale New Haven Hospital, EB, Thames Yacht Club, marinas and downtown. Minutes to Ocean Beach, dining, Check out the New (2025) New London Community Recreation Center , shopping and all that New London's shoreline has to offer!

Key Facts

City/Town
New London
Neighborhood
N/A
Property / Style
Single Family · Colonial
Year Built
1927
Days on Market
48 days
Beds
3
Baths
1 full · 1 half
Living Area
1,988 sq ft
Lot Size
0.29 acres
Garage / Parking
2 garage · 4 total
Property Taxes
$7,599 / Annually

Market Snapshot

The New London Market

Single Family · trailing 12 months

Median Days on Market

30

23 active listings

Median $ / Sq Ft

$224

23 active listings

Sale-to-List Ratio

100.3%

105 sales

How this home compares

List Price

$448,000

vs $350,000 median

28.0% above median

Price / Sq Ft

$225

vs $224 median

In line with median

Days on Market

48 days

vs 30 days median

18 days longer than median

Based on 23 active and 105 closed sales (trailing 12 mo) of single family in New London. Source: SmartMLS · As of September 28, 2026.

Location

558 Ocean Avenue, New London, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,174

per month

  • Principal & Interest$2,392
  • Property Taxes$633
  • Insurance$149
  • HOA$0

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
Colonial
Year Built
1927
New Construction
No/Resale
Living Area
1,988 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Natural Gas
Cooling
Split System
Fireplaces
1
Laundry Location
Lower Level
Appliances
Oven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
FullHeatedPartially Finished

Exterior & Lot

Lot Size
0.29 acres
Zoning
R-1
Garage / Parking
2 garage spaces4 total parking spacesAttached GarageDrivewayPrivateCement
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Color
Vintage White
Roof
Asphalt Shingle
Foundation
Stone
Exterior Features
SidewalkDeckGutters
Lot Description
Level Lot

Listing & Financials

Property Taxes
$7,599 / Annually
Days on Market
48
MLS #
24198156
MLS Status
Under Contract
Financing
FHA,VA,CHFA

Similar Properties

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Listed By

Dan Contino

(860) 625-0221

eXp Realty

(866) 828-3951

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/28/2026. 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 9/28/2026 at 8:35 PM UTC.