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87 Phoenix Drive

Groton, Connecticut 06340

ACTIVE - NEW$449,999
Beds
3
Baths
1 | 1
SqFt
2,316
Acres
0.83
Year Built
1972
Matt Caiola

Matt Caiola

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Waterfront3-Car Garage1 Fireplace

About This Home

A truly special Groton property offering space, character & a spectacular setting near the Thames River. Set on an impressive .83-acre lot, this charming Cape offers 3 bedrooms and 1.5 baths, with beautiful natural stone walls, terraced grounds & captivating river views. Brick & cedar-look PVC siding add character & easy maintenance. Hardwood floors, a fireplace, newer windows, updated baths & an updated kitchen w/ granite countertops. 3 garage spaces offer exceptional parking, workshop, and storage possibilities. One of the home's most inviting features is the lovely covered back porch, the perfect spot to enjoy your morning coffee or unwind with an evening glass of wine while taking in the peaceful setting and river views. The walkout lower level offers tremendous potential for additional living space & could be transformed into a guest suite, multigenerational living area, recreation room, home office, or potentially a short-term rental/Airbnb opportunity. Step outside and you'll understand what makes this property so special. Whether enjoying the grounds, entertaining outdoors, or simply relaxing and taking in the beautiful views toward the Thames River, the home feels tucked away while remaining incredibly convenient. The location is hard to beat. General Dynamics Electric Boat, Naval Submarine Base New London & Pfizer's Groton research campus are all just minutes away, along with I-95, shopping, dining, Mystic, New London, and the shoreline. This is more than a house.

Key Facts

City/Town
Groton
Neighborhood
N/A
Property / Style
Single Family · Cape Cod
Year Built
1972
Days on Market
0 days
Beds
3
Baths
1 full · 1 half
Living Area
2,316 sq ft
Lot Size
0.83 acres
Garage / Parking
3 garage · 8 total
Property Taxes
$7,123 / Annually

Market Snapshot

The Groton Market

Single Family · trailing 12 months

Median Days on Market

43

46 active listings

Median $ / Sq Ft

$299

46 active listings

Sale-to-List Ratio

100.0%

290 sales

How this home compares

List Price

$449,999

vs $535,950 median

16.0% below median

Price / Sq Ft

$194

vs $299 median

35.1% below median

Days on Market

0 days

vs 43 days median

43 days fresher than median

Based on 46 active and 290 closed sales (trailing 12 mo) of single family in Groton. Source: SmartMLS · As of September 30, 2026.

Location

87 Phoenix Drive, Groton, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,146

per month

  • Principal & Interest$2,402
  • Property Taxes$594
  • Insurance$150
  • 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

Residence

Property Type
Single Family
Style
Cape Cod
Year Built
1972
New Construction
No/Resale
Living Area
2,316 sq ft
Below Grade
576 sq ft

Schools

Elementary
Charles Barnum
High
Per Board of Ed

Interior

Heating
BaseboardHot Water
Heat Fuel
Oil
Cooling
Central Air
Fireplaces
1
Laundry
Lower Level
Laundry Location
In the walk out basement
Appliances
RefrigeratorDishwasherDisposal
Basement
Crawl Space
In-Law Apartment
PossibleLower LevelSeparate Entry
Interior Features
Cable - Available

Exterior & Lot

Lot Size
0.83 acres
Zoning
RS-12
Garage / Parking
3 garage spaces8 total parking spacesAttached GarageUnder House GarageDrivewayPavedOff Street ParkingCircularPavedAsphalt
Waterfront
Direct waterfront
Waterfront Details
River
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl SidingBrickCedar
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
PorchGuttersStone Wall
Lot Description
ClearedProfessionally LandscapedWater View

Listing & Financials

Property Taxes
$7,123 / Annually
Days on Market
0
MLS #
24210772
MLS Status
Active

Similar Properties

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

Listed By

Carla Juvencio

(860) 655-2829

RE/MAX Precision Realty

(860) 808-2000

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/30/2026. 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 9/30/2026 at 6:20 AM UTC.