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31 Ricky Lane

Preston, Connecticut 06365

ACTIVE - NEW$399,000
Beds
4
Baths
3
SqFt
3,064
Acres
1.53
Year Built
1972
Matt Caiola

Matt Caiola

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Pool2-Car Garage1 Fireplace

About This Home

Discover the potential in this spacious four-bedroom, three-full-bathroom raised ranch located in Preston, CT! Situated on a quiet cul-de-sac, this property offers an excellent opportunity for investors or owner-occupants looking to build equity and bring their vision to life. With generous living space, a versatile layout, and an in-ground swimming pool, this home has the makings of something truly special. Whether you're looking to renovate, customize, or invest, the possibilities are endless. Conveniently located just 3.9 miles from Foxwoods Resort Casino, this property offers close proximity to entertainment, dining, and area attractions. Don't miss your chance to transform this diamond in the rough into a wonderful home or investment opportunity!

Key Facts

City/Town
Preston
Neighborhood
Preston Plains
Property / Style
Single Family · Raised Ranch
Year Built
1972
Days on Market
0 days
Beds
4
Baths
3 full
Living Area
3,064 sq ft
Lot Size
1.53 acres
Garage / Parking
2 garage
Property Taxes
$7,592 / Annually

Market Snapshot

The Preston Market

Single Family · trailing 12 months

Median Days on Market

42

10 active listings

Median $ / Sq Ft

$238

10 active listings

Sale-to-List Ratio

100.0%

54 sales

How this home compares

List Price

$399,000

vs $399,950 median

In line with median

Price / Sq Ft

$130

vs $238 median

45.4% below median

Days on Market

0 days

vs 42 days median

42 days fresher than median

Based on 10 active and 54 closed sales (trailing 12 mo) of single family in Preston. Source: SmartMLS · As of November 2, 2026.

Location

31 Ricky Lane, Preston, Connecticut

Property + 2 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,941

per month

  • Principal & Interest$2,175
  • Property Taxes$633
  • Insurance$133
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Preston
Neighborhood
Preston Plains
County
New London

Residence

Property Type
Single Family
Style
Raised Ranch
Year Built
1972
New Construction
No/Resale
Living Area
3,064 sq ft
Below Grade
1,502 sq ft

Schools

Elementary
Preston Vet's Memorial
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Window Unit
Fireplaces
1
Laundry Location
Lower level
Appliances
Oven/RangeRange Hood
Basement
FullFully Finished

Exterior & Lot

Lot Size
1.53 acres
Zoning
R-60
Garage / Parking
2 garage spacesAttached Garage
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Pool
In Ground Pool
Construction
Wood
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
On Cul-De-Sac

Listing & Financials

Property Taxes
$7,592 / Annually
Days on Market
0
MLS #
24218658
MLS Status
Active

Similar Properties

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

Listed By

Jason Calouro

(860) 300-6644

Drawbridge Realty

(860) 705-8891

Co-Listed By

Kendall Davis

Drawbridge Realty

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

The IDX display contains information sourced from SmartMLS, Inc. as of 11/2/2026. 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 11/2/2026 at 10:30 PM UTC.