Some properties are defined by the house that sits on them. Others are defined by the land itself...by history, landscape and a sense of beauty that simply cannot be created. This is such a place. Owned and farmed by the same family for 200 years, this remarkable 16 Acre piece sitting on the Hammonassett River is the last piece of the original farm to be sold. With over 1500 ft. bordering the river, the property unfolds across open hay fields, tidal marshes and expansive river views. The landscape changes with the seasons and the light, grasses moving with the wind and water reflecting the ever changing sky...a landscape that is both bucolic and breathtaking. This is an exceptional setting for a distinctive country residence, a private retreat or a place to enjoy a quieter chapter of life. An existing, well appointed, three bedroom ranch home sits on the property and enjoys the same remarkable views. Comfortable as it stands, the home could ultimately serve as a guest house, artist's studio or private office. The property offers the potential for more than one lot, but with generations of family ownership, the sellers have hopes to see the land remain intact, so no soil testing has been undertaken for subdivision. A survey is available and buyers considering additional development should conduct their own due diligence. After two centuries in the same family, this is a rare opportunity to become the next steward of an extraordinary Connecticut landscape. Madison is a lovely beach town about half way between NYC and Boston and 20 minutes to New Haven by car. You can also take the train from Madison to NYC or from Old Saybrook to Boston.
For sale
$5,000,000
118 River Road, Madison, CT 06443
3beds
3,109sqft
Single Family Residence
Built in 1958
15.9 Acres Lot
$-- Zestimate®
$1,608/sqft
$-- HOA
What's special
- 16 days
- 1,082
- 16
Zillow last checked:
Listing updated:
Listed by:
Judy Dannemann (203)675-8944,
William Raveis Real Estate 203-318-3570
Source: Smart MLS,MLS#: 24192754
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Vaulted Ceiling(s), Bedroom Suite, Full Bath, Tub w/Shower, Hardwood Floor
- Level: Main
Bedroom
- Features: Hardwood Floor
- Level: Main
Bedroom
- Features: Hardwood Floor
- Level: Main
Dining room
- Features: Built-in Features, Hardwood Floor
- Level: Main
Living room
- Features: Bookcases, Fireplace, Hardwood Floor
- Level: Main
Sun room
- Features: Dining Area, Composite Floor
- Level: Main
Heating
- Baseboard, Hot Water, Zoned, Oil
Cooling
- Ceiling Fan(s), Ductless, Window Unit(s)
Appliances
- Included: Gas Cooktop, Oven, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer, Water Heater
- Laundry: Lower Level
Features
- Wired for Data, Smart Thermostat
- Doors: Storm Door(s), French Doors
- Windows: Thermopane Windows
- Basement: Full,Heated,Interior Entry,Partially Finished,Liveable Space,Concrete
- Attic: Pull Down Stairs
- Number of fireplaces: 1
Interior area
- Total structure area: 3,109
- Total interior livable area: 3,109 sqft
- Finished area above ground: 2,309
- Finished area below ground: 800
Property
Parking
- Total spaces: 10
- Parking features: Detached, Attached, Off Street, Driveway, Garage Door Opener, Private, Paved
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Patio & porch: Enclosed, Porch, Deck
- Exterior features: Rain Gutters, Garden, Stone Wall
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, River Front, Walk to Water, Dock or Mooring, Access
Lot
- Size: 15.9 Acres
- Features: Wetlands, Few Trees, Farm, Level, Open Lot, In Flood Zone
Details
- Additional structures: Shed(s), Barn(s)
- Parcel number: 1156378
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Well
Green energy
- Energy efficient items: Ridge Vents, Doors, Windows
Community & HOA
Community
- Features: Golf, Health Club, Library, Medical Facilities, Public Rec Facilities, Shopping/Mall, Stables/Riding, Tennis Court(s)
- Subdivision: Hammonasset
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $1,608/sqft
- Tax assessed value: $395,700
- Annual tax amount: $8,876
- Date on market: 8/26/2026
- Exclusions: Two window AC's
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $5,000,000$1,608/sqft |
Source:  Smart MLS #24192754 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,876 +2% | $395,700 |
| 2024 | $8,705 +13.8% | $395,700 +55.1% |
| 2023 | $7,648 +1.9% | $255,200 |
| 2022 | $7,505 +1.9% | $255,200 |
| 2021 | $7,363 +1.8% | $255,200 |
| 2020 | $7,235 | $255,200 |
| 2019 | $7,235 +1.5% | $255,200 +0.4% |
| 2018 | $7,128 +2.7% | $254,200 |
| 2017 | $6,940 +3.1% | $254,200 |
| 2016 | $6,734 +2.8% | $254,200 |
| 2015 | $6,548 -10.3% | $254,200 -12.4% |
| 2014 | $7,303 +23.4% | $290,160 |
| 2013 | $5,916 | $290,160 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 06443
Nearby schools
Schools provided by the listing agent
- Middle: Polson Middle School
- High: Daniel Hand
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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