196 Lake Drive East
Montville, Connecticut 06370
- Beds
- 2
- Baths
- 1
- SqFt
- 746
- Acres
- 0.24
- Year Built
- 1930
- Neighborhood
- Oxoboxo Lake
- Property Type
- Single Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Discover the charm and potential of this cozy 2-bedroom, 1-bath ranch-style cottage nestled on a wooded 0.24-acre corner lot in the desirable Oxoboxo Lake area. This inviting home features an open floor plan, a screened porch and deck, a detached garage, and a full walk-out basement with heated, partially finished living space, workshop, and laundry area. Enjoy the peaceful setting while being just a short walk from the water. The property offers deeded boat launch and bathing rights to scenic 163-acre Oxoboxo Lake, available through membership in the Oxoboxo Boat and Beach Club, Inc. Whether you're looking for a year-round home, weekend retreat, or a property with room to make your own, this home offers plenty of possibilities. Conveniently located approximately 5 miles from I-395 in Norwich and 11 miles from New London, with convenient access to Electric Boat communities and employment areas in Groton, New London, and Waterford. Also approximately 8 miles from Mohegan Sun Casino and within easy reach of the Long Island Sound shoreline, dining, entertainment, shopping, and coastal attractions, including Mystic approximately 21 miles away.
Key Facts
- City/Town
- Montville
- Neighborhood
- Oxoboxo Lake
- Property / Style
- Single Family · Ranch,Cottage
- Year Built
- 1930
- Days on Market
- 0 days
- Beds
- 2
- Baths
- 1 full
- Living Area
- 746 sq ft
- Lot Size
- 0.24 acres
- Garage / Parking
- 1 garage · 3 total
- Property Taxes
- $3,221 / Annually
Market Snapshot
The Montville Market
Single Family · trailing 12 months
Active Listings
25
30 under contract
Median List Price
$385,000
25 active listings
Median Closed Price
$375,000
201 sales
Median Days on Market
36
25 active listings
Median $ / Sq Ft
$285
25 active listings
Sale-to-List Ratio
103.2%
201 sales
How this home compares
List Price
$199,900
vs $385,000 median
48.1% below median
Price / Sq Ft
$268
vs $285 median
6.0% below median
Days on Market
0 days
vs 36 days median
36 days fresher than median
Based on 25 active and 201 closed sales (trailing 12 mo) of single family in Montville. Source: SmartMLS · As of October 2, 2026.
Location
196 Lake Drive East, Montville, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 1, 2026per month
- Principal & Interest$1,094
- Property Taxes$268
- Insurance$67
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Montville
- Neighborhood
- Oxoboxo Lake
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Ranch,Cottage
- Year Built
- 1930
- New Construction
- No/Resale
- Living Area
- 746 sq ft
Schools
- Elementary
- Oakdale
- High
- Montville
Interior
- Heating
- BaseboardHot WaterRadiator
- Heat Fuel
- Oil
- Cooling
- None
- Fireplaces
- 1
- Laundry
- Lower Level
- Laundry Location
- Basement
- Appliances
- Electric RangeRefrigeratorElectric DryerDryer
- Basement
- FullHeatedInterior AccessPartially FinishedLiveable SpaceConcrete FloorFull With Walk-Out
- In-Law Apartment
- No
- Interior Features
- Cable - AvailableOpen Floor Plan
- Additional Rooms
- Laundry RoomWorkshop
Exterior & Lot
- Lot Size
- 0.24 acres
- Zoning
- R80
- Garage / Parking
- 1 garage space3 total parking spacesDetached GarageDrivewayUnpavedPrivateCementDirt
- Waterfront Details
- Walk to WaterBeach RightsAssociation Required
- Water Source
- Private Well
- Sewer
- Septic
- Construction
- Vinyl Siding
- Color
- Blue
- Roof
- Asphalt ShingleGable
- Foundation
- BlockStone
- Exterior Features
- Porch-ScreenedPorchDeck
- Lot Description
- Corner LotTreedDrySloping Lot
Listing & Financials
- Property Taxes
- $3,221 / Annually
- Days on Market
- 0
- MLS #
- 24195007
- MLS Status
- Coming Soon
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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 10:01 PM UTC.