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1048 River Rd, Groton, CT, 06355

$1,100,000

1.84 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
WaterfrontHarbor, River, Dock, Waterfront
ViewWater
MLS #170602264
Lot Size1.84 Acres
StatusAccepting Backup Offers
(Under Contract - Continue to Show)

About 1048 River Rd

Discover an unmatched and rare find, waterfront living experience on this 1.84-acre approved building lot in idyllic Mystic, CT. With 600 feet of prime water frontage on the scenic Mystic River, this property ensures breathtaking views and includes an approved dock and new dock plans, setting the stage for a waterfront paradise. Unparalleled views take center stage and the sunrise and sunset will serve as a daily reminder of the beauty of waterfront living. Beyond the water's edge, enjoy Mystic's charming downtown with its boutique stores, eclectic cuisine, and rich history. Engage in the unique, vibrant culture, all while residing in your peaceful waterfront haven. The property presents a rare opportunity to shape your own slice of waterfront paradise. This unique blend of waterfront living and local cultural vibrancy is seldom found, making it the perfect canvas for those seeking that lifestyle. Your dream waterfront life starts here. There is an existing home on premises. Buyers responsibility will be to demo the existing structure to make space for your new build, or a complete renovation of the existing home as your primary residence or renovate as an ADU to compliment your new home. (Must seek Town Approval). -

Property Details

Property Features

Listing Office:

  • Office Name: Seaport Real Estate Services
  • Office Phone: (860) 245-9200
  • Listing Agent: Jeffrey Rizer

Exterior Features

Exterior Information:

  • Waterfront: Harbor, River, Dock, Waterfront
  • View: Water

Lot Features

Lot Information:

  • Lot: Views, Open Lot
  • Lot Size: 1.84 Acres

Other

Directions Information:

  • Directions: Pearl Street, Left on Starr Street, Right on to River Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
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Housing Market Comparison

See how this home compares to others in Mystic, CT.

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Mystic, CT

City

Med. Sold Price

$500K

Med. Price/SqFt

$304

# of Sold Homes

16

1048 River Rd vs Mystic

412 DAYS ON ROCKET

$1,100,000

+$600K More

KEY TAKEAWAY

This property is $600K more than the Median Sold Price in Mystic, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170602264

Listing Office:

  • Office Name: Seaport Real Estate Services
  • Office Phone: (860) 245-9200
  • Listing Agent: Jeffrey Rizer

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-812408
8
/10

  • Northeast Academy Arts Magnet School

  • 115 Oslo St

  • 1.06 miles

  • Public District Grades PK-5

school-card-donut-812409
9
/10

  • Dean's Mill Elementary School

  • 35 Deans Mill Rd

  • 2.57 miles

  • Public District Grades KG-5

school-card-donut-812410
5
/10

  • Gallup Hill School

  • 169 Gallup Hill Rd

  • 3.06 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,457. Typical income of Mystic, CT residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1048 River Rd

What is the listing price of this property?

The listing price of 1048 River Rd property is $1,100,000.

What type of property is this?

The property 1048 River Rd is land located in Groton, Connecticut, 06355.

Is this property for sale now?

Accepting Backup Offers: 1048 River Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 1048 River Rd is 1.84 acres.
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Rocket Homes›Connecticut›New London County›Mystic›06355›1048 River Rd

This home is located at 1048 River Rd in Groton, CT and zip code 06355. This home sits on a 1.84 acre lot. It has been listed on Rocket Homes since October 07, 2023 and is currently priced at $1,100,000.

In October 2024, from all listings sold in Mystic, CT there were more than 4 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price.

From Rocket Homes Real Estate and based on county public records data.

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