87 Phoenix Drive
Groton, Connecticut 06340
- Beds
- 3
- Baths
- 1 | 1
- SqFt
- 2,316
- Acres
- 0.83
- Year Built
- 1972
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
46
42 under contract
Median List Price
$535,950
46 active listings
Median Closed Price
$450,000
290 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 24, 2026per 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
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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 9/30/2026. 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.