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118 River Road

Madison, Connecticut 06443

ACTIVE - NEW$5,000,000
Beds
3
Baths
3
SqFt
3,109
Acres
15.90
Year Built
1958
Matt Caiola

Matt Caiola

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WaterfrontDock / Mooring3-Car Garage1 Fireplace

About This Home

Some properties are defined by the house that sits on them. Others are defined by the land itself...by history, landscape and a sense of beauty that simply cannot be created. This is such a place. Owned and farmed by the same family for 200 years, this remarkable 16 Acre piece sitting on the Hammonassett River is the last piece of the original farm to be sold. With over 1500 ft. bordering the river, the property unfolds across open hay fields, tidal marshes and expansive river views. The landscape changes with the seasons and the light, grasses moving with the wind and water reflecting the ever changing sky...a landscape that is both bucolic and breathtaking. This is an exceptional setting for a distinctive country residence, a private retreat or a place to enjoy a quieter chapter of life. An existing, well appointed, three bedroom ranch home sits on the property and enjoys the same remarkable views. Comfortable as it stands, the home could ultimately serve as a guest house, artist's studio or private office. The property offers the potential for more than one lot, but with generations of family ownership, the sellers have hopes to see the land remain intact, so no soil testing has been undertaken for subdivision. A survey is available and buyers considering additional development should conduct their own due diligence. After two centuries in the same family, this is a rare opportunity to become the next steward of an extraordinary Connecticut landscape.

Key Facts

City/Town
Madison
Neighborhood
Hammonasset
Property / Style
Single Family · Ranch
Year Built
1958
Days on Market
7 days
Beds
3
Baths
3 full
Living Area
3,109 sq ft
Lot Size
15.90 acres
Garage / Parking
3 garage · 10 total
Property Taxes
$8,876 / Annually

Market Snapshot

The Madison Market

Single Family · trailing 12 months

Median Days on Market

50

34 active listings

Median $ / Sq Ft

$489

34 active listings

Sale-to-List Ratio

100.0%

223 sales

How this home compares

List Price

$5.00M

vs $1.20M median

4.2× the median

Price / Sq Ft

$1,608

vs $489 median

3.3× the median

Days on Market

7 days

vs 50 days median

43 days fresher than median

Based on 34 active and 223 closed sales (trailing 12 mo) of single family in Madison. Source: SmartMLS · As of September 3, 2026.

Location

118 River Road, Madison, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$28,112

per month

  • Principal & Interest$25,705
  • Property Taxes$740
  • Insurance$1,667
  • HOA$0

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

Location

City/Town
Madison
Neighborhood
Hammonasset
County
New Haven

Residence

Property Type
Single Family
Style
Ranch
Year Built
1958
New Construction
No/Resale
Living Area
3,109 sq ft
Below Grade
800 sq ft

Schools

Elementary
Per Board of Ed
High
Daniel Hand

Interior

Heating
BaseboardHot WaterZoned
Heat Fuel
Oil
Cooling
Ceiling FansSplit SystemWindow Unit
Fireplaces
1
Laundry
Lower Level
Appliances
Gas CooktopWall OvenMicrowaveRefrigeratorFreezerDishwasherWasherGas Dryer
Basement
FullHeatedInterior AccessPartially FinishedLiveable SpaceConcrete FloorFull With Walk-Out
In-Law Apartment
PossibleLower Level
Interior Features
Auto Garage Door OpenerCable - Pre-wired

Exterior & Lot

Lot Size
15.90 acres
Zoning
R-1
Garage / Parking
3 garage spaces10 total parking spacesDetached GarageUnder House GarageOff Street ParkingDrivewayPrivatePaved
Waterfront
Direct waterfront
Waterfront Details
RiverWalk to WaterDock or MooringViewAccess
Water Source
Public Water In StreetPrivate Well
Sewer
Septic
Flood Zone
Yes
Construction
Vinyl Siding
Color
yellow
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
Porch-EnclosedShedPorchBarnDeckGuttersGarden AreaStone WallFrench Doors
Lot Description
Some WetlandsLightly WoodedFarm LandLevel LotWater ViewOpen Lot

Listing & Financials

Property Taxes
$8,876 / Annually
Days on Market
7
MLS #
24192754
MLS Status
Active

Similar Properties

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

Listed By

Judy Dannemann

(203) 675-8944

William Raveis Real Estate

(203) 318-3570

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/3/2026. 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 9/3/2026 at 9:10 AM UTC.