86 Pegasus Drive
Groton, Connecticut 06340
- Beds
- 3
- Baths
- 2
- SqFt
- 1,622
- Acres
- 1.28
- Year Built
- 1950
- Property Type
- Single Family
Matt Caiola
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About This Home
Beautifully renovated three-bedroom, two-bath ranch (1600+ square feet on one level) with an oversized two-car detached garage with enough room for a workshop and car lift. Set atop the Bailey Hill subdivision on a double lot, and a beautifully renovated kitchen with a breakfast bar, granite counters, new appliances, and a spacious pantry; a living room/dining room combination with a fireplace and a new slider to the paver patio; two bedrooms and a full bath on one side of the house with freshly stained hardwood floors; and a private primary suite with a full bath, tiled shower, walk-in closet, and new mini-split unit on the other. City water, city sewer, and a full basement that offers ample storage. Conveniently located within minutes of the Subase, Electric Boat, Thames River, and I-95.
Key Facts
- City/Town
- Groton
- Neighborhood
- N/A
- Property / Style
- Single Family · Ranch
- Year Built
- 1950
- Days on Market
- 0 days
- Beds
- 3
- Baths
- 2 full
- Living Area
- 1,622 sq ft
- Lot Size
- 1.28 acres
- Garage / Parking
- 2 garage · 4 total
- Property Taxes
- $5,120 / Annually
Market Snapshot
The Groton Market
Single Family · trailing 12 months
Active Listings
45
47 under contract
Median List Price
$675,900
45 active listings
Median Closed Price
$450,000
295 sales
Median Days on Market
48
45 active listings
Median $ / Sq Ft
$317
45 active listings
Sale-to-List Ratio
100.0%
295 sales
How this home compares
List Price
$569,900
vs $675,900 median
15.7% below median
Price / Sq Ft
$351
vs $317 median
10.7% above median
Days on Market
0 days
vs 48 days median
48 days fresher than median
Based on 45 active and 295 closed sales (trailing 12 mo) of single family in Groton. Source: SmartMLS · As of September 10, 2026.
Location
86 Pegasus Drive, Groton, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 10, 2026per month
- Principal & Interest$2,960
- Property Taxes$427
- Insurance$190
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Groton
- Neighborhood
- N/A
- County
- New London
- Subdivision
- Bailey Hill
Residence
- Property Type
- Single Family
- Style
- Ranch
- Year Built
- 1950
- New Construction
- No/Resale
- Living Area
- 1,622 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Fitch Senior
Interior
- Heating
- Heat PumpHot Air
- Heat Fuel
- ElectricOil
- Cooling
- Split SystemWindow Unit
- Fireplaces
- 1
- Laundry
- Main Level
- Appliances
- Oven/RangeRefrigeratorDishwasher
- Basement
- FullUnfinished
- In-Law Apartment
- No
- Additional Rooms
- Breezeway
Exterior & Lot
- Lot Size
- 1.28 acres
- Zoning
- RS-12
- Garage / Parking
- 2 garage spaces4 total parking spacesDetached GarageDrivewayPrivate
- Waterfront Details
- View
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Vinyl Siding
- Color
- White
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- SidewalkGuttersGarden AreaPatio
- Lot Description
- In SubdivisionLightly WoodedLevel LotOn Cul-De-Sac
Listing & Financials
- Property Taxes
- $5,120 / Annually
- Days on Market
- 0
- MLS #
- 24172228
- MLS Status
- Active
- Financing
- FHA,VA
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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 9/10/2026. 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 9/10/2026 at 5:20 PM UTC.