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.
For sale
Price cut: $150K (8/24)
$1,550,000
61 & 63 Oswegatchie Road, Waterford, CT 06385
7beds
3,025sqft
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
- 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#: 24193725
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
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $1,550,000-8.8%$512/sqft |
Source: | ||
| 7/10/2026 | Listed for sale | $1,700,000$562/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






