558 Ocean Avenue
New London, Connecticut 06320
- Beds
- 3
- Baths
- 1 | 1
- SqFt
- 1,988
- Acres
- 0.29
- Year Built
- 1927
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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, 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
- 0 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
Active Listings
17
19 under contract
Median List Price
$390,000
17 active listings
Median Closed Price
$360,000
112 sales
Median Days on Market
14
17 active listings
Median $ / Sq Ft
$248
17 active listings
Sale-to-List Ratio
100.2%
112 sales
How this home compares
List Price
$448,000
vs $390,000 median
14.9% above median
Price / Sq Ft
$225
vs $248 median
9.3% below median
Days on Market
0 days
vs 14 days median
14 days fresher than median
Based on 17 active and 112 closed sales (trailing 12 mo) of single family in New London. Source: SmartMLS · As of August 11, 2026.
Location
558 Ocean Avenue, New London, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 6, 2026per month
- Principal & Interest$2,310
- 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
- 0
- MLS #
- 24198156
- MLS Status
- Active
- Financing
- FHA,VA,CHFA
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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 8/11/2026. 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 8/11/2026 at 3:56 PM UTC.