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For sale
  • Price cut: $150K (8/24)
    $1,550,000

    61 & 63 Oswegatchie Road, Waterford, CT 06385

    7beds
    3,025sqft
    : 
    $9,911/mo
    Get pre-qualified
    Multi Family
    Built in 1950
    -- sqft lot
    $1,440,100 Zestimate®
    $512/sqft
    $-- HOA

    What's special

    Beautiful stone fireplaceUnder house garageStunning stone fireplaceClassic stone fireplacesTwo charming seasonal cottagesLarge enclosed front porchesVaulted ceilings
    Waterfront & multiple units on the picturesque Niantic River! This unique opportunity includes two separate lots & four stand-alone buildings being sold together, creating an exceptional family compound, investment opportunity, or private waterfront retreat. The main property sits on 1.13 acres with approximately 100 feet of road frontage and an impressive 204 feet of direct river frontage. The main home features 2 bedrooms, a spacious front-to-back living room anchored by a beautiful stone fireplace, an unfinished walk-up second floor offering expansion potential, a walk-out basement and under house garage. Also located on the main parcel are two charming seasonal cottages, each showcasing natural woodwork, vaulted ceilings, large enclosed front porches, and classic stone fireplaces. One cottage offers 2 bedrooms, while the second features 1 bedroom. These cottages have served as guest accommodations for family gatherings over the years and offer tremendous potential for restoration and future use. The second property includes a cozy 2-bedroom home with a generous living room highlighted by another stunning stone fireplace. Beautiful grounds lead to the Niantic River, where stairs descend to a small private dock and peaceful seating area. Two additional storage buildings at the water's edge provide convenient space for boating and outdoor equipment. Whether you're looking to create a multigenerational family estate, renovate and restore a one-of-a-kind waterfront compound, operate year-round or short term rentals (AirBNB/VRBO), or simply enjoy the beauty and tranquility of riverfront living, this is a truly exceptional property with endless possibilities.
    52 days
    897
    31

    Zillow last checked:

    Listing updated:

    Listed by:

    Ann Carpenter (860)823-9567,

    RE/MAX on the Bay 860-739-0888,

    Geoff Smith 860-912-3209,

    RE/MAX on the Bay

    Source: Smart MLS,MLS#: 24193725MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Heating
      • Radiator, Oil
      Cooling
      • None
      Appliances
      • Included: Water Heater
      • Laundry: In Unit
      Features
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      • Basement: Full,Unfinished
      • Attic: Walk-up
      • Number of fireplaces: 4
      Interior area
      • Total structure area: 3,025
      • Total interior livable area: 3,025 sqft
      • Finished area above ground: 3,025

      Property

      Parking
      • Total spaces: 8
      • Parking features: Attached, Off Street, Driveway, Unpaved, Private, Paved
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Enclosed, Porch
      • Exterior features: Sidewalk
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront, River Front, Dock or Mooring, Access
      Lot
      • Size: 1.36 Acres
      • Features: Sloped
      Details
      • Additional structures: Shed(s), Guest House
      • Parcel number: 1590732
      • Zoning: R-20W

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Clapboard, Wood Siding
      • Foundation: Block, Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1950
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Doors, Windows

      Community & HOA

      Community
      • Subdivision: Oswegatchie
      HOA
      • Has HOA: No
      Location
      • Region: Waterford

      Financial & listing details

      • Price per square foot: $512/sqft
      • Tax assessed value: $1,016,900
      • Annual tax amount: $24,955
      • Date on market: 7/24/2026

        Estimated market value

        $1,440,100

        $1.37M - $1.51M

        $1,942/mo

        Price history

        DateEventPrice
        8/24/2026Price change$1,550,000-8.8%$512/sqft
        Source: Smart MLS #24193725 Report a problem
        7/10/2026Listed for sale$1,700,000$562/sqft
        Source: Smart MLS #24188024 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 06385

        Getting around

        1 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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