31 Paula Lane
Waterford, Connecticut 06385
- Beds
- 3
- Baths
- 2 | 1
- SqFt
- 2,358
- Acres
- 0.69
- Year Built
- 1993
- Neighborhood
- Spithead
- Property Type
- Single Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Nestled in a highly desirable Waterford neighborhood just minutes from scenic local beaches and the vibrant main street of downtown Niantic, 31 Paula Lane offers a classic colonial design filled with warmth, light, and exceptional flexibility. Beautiful hardwood floors flow throughout the main level, catching abundant natural light and connecting warm, open spaces anchored by a charming two-sided fireplace. The versatile layout accommodates your specific lifestyle needs, featuring three second-floor bedrooms-including a primary suite and second full bath. The main level offers an addition off the living room area that could serve as a fourth bedroom, primary guest space, or two distinct living areas. Complete with main-floor laundry, a two-car garage, and a lovely yard with a back deck designed for outdoor relaxation across every season. The basement currently features a wood-shop and perfect storage options. This meticulously kept residence delivers the perfect coastal Connecticut lifestyle in an established, peaceful setting. Professional pictures coming soon!
Key Facts
- City/Town
- Waterford
- Neighborhood
- Spithead
- Property / Style
- Single Family · Colonial
- Year Built
- 1993
- Days on Market
- 0 days
- Beds
- 3
- Baths
- 2 full · 1 half
- Living Area
- 2,358 sq ft
- Lot Size
- 0.69 acres
- Garage / Parking
- 2 garage · 6 total
- Property Taxes
- $7,912 / Annually
Market Snapshot
The Waterford Market
Single Family · trailing 12 months
Active Listings
40
32 under contract
Median List Price
$472,500
40 active listings
Median Closed Price
$450,000
202 sales
Median Days on Market
32
40 active listings
Median $ / Sq Ft
$280
40 active listings
Sale-to-List Ratio
100.0%
202 sales
How this home compares
List Price
$649,000
vs $472,500 median
37.4% above median
Price / Sq Ft
$275
vs $280 median
In line with median
Days on Market
0 days
vs 32 days median
32 days fresher than median
Based on 40 active and 202 closed sales (trailing 12 mo) of single family in Waterford. Source: SmartMLS · As of October 2, 2026.
Location
31 Paula Lane, Waterford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 1, 2026per month
- Principal & Interest$3,552
- Property Taxes$659
- Insurance$216
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Waterford
- Neighborhood
- Spithead
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Colonial
- Year Built
- 1993
- New Construction
- No/Resale
- Living Area
- 2,358 sq ft
Schools
- Elementary
- Quaker Hill
- High
- Waterford
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- Ceiling FansCentral Air
- Fireplaces
- 1
- Laundry
- Main Level
- Laundry Location
- Half bath off kitchen
- Appliances
- Oven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
- Basement
- FullUnfinishedInterior AccessConcrete Floor
- In-Law Apartment
- PossibleFirst FloorSeparate Entry
Exterior & Lot
- Lot Size
- 0.69 acres
- Zoning
- R-40
- Garage / Parking
- 2 garage spaces6 total parking spacesAttached GaragePavedOff Street ParkingDrivewayPrivatePavedAsphalt
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Septic
- Flood Zone
- No
- Construction
- Vinyl Siding
- Color
- White
- Roof
- Shingle
- Foundation
- Concrete
- Exterior Features
- ShedGarden AreaFrench DoorsPatio
- Lot Description
- In SubdivisionLightly WoodedTreedLevel LotProfessionally Landscaped
Listing & Financials
- Property Taxes
- $7,912 / Annually
- Days on Market
- 0
- MLS #
- 24211438
- MLS Status
- Coming Soon
- 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 10/2/2026. 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 10/2/2026 at 4:11 PM UTC.