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For sale
    • $1,695,000

    85 Melba Street, Milford, CT 06460

    4beds
    2,398sqft
    : 
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    Single Family Residence
    Built in 1910
    5,227 Square Feet Lot
    $1,606,800 Zestimate®
    $707/sqft
    $-- HOA

    What's special

    A rare opportunity to own a true "Waterfront Compound" in Milford featuring THREE legal dwellings in one lot with private beach access-offering immediate income potential and long-term redevelopment upside. Currently operated as short-term rentals with strong seasonal performance, this property is ideal for investors or buyers seeking to offset ownership costs. Set on a direct waterfront lot, the offering presents multiple paths: continue as an income-producing asset, create a multi-generational coastal retreat, or reimagine the site into a larger custom residence. The compound includes three separate structures totaling over 2,500 sq ft: a 1,100 sq ft waterfront home with 4 bedrooms, 2 baths, and an oversized patio overlooking the water; a 300 sq ft bungalow-style studio with potential to add a kitchen and bath; and a second 1,100 sq ft residence offering 3 bedrooms, 1.5 baths, and water views from the living room and primary bedroom. Ample on-site parking adds significant value-an uncommon feature for shoreline properties. Conceptual potential exists to redevelop while maintaining an additional dwelling. Buyers to perform their own research. Minutes to Milford's vibrant downtown, harbor, restaurants, and beaches.
    72 days
    |
    1,351
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie H. Ferreira (203)520-2305,

    BHGRE Gaetano Marra Homes 203-627-8726

    Source: Smart MLS,MLS#: 24170749MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Upper
      Kitchen
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Baseboard, Hot Water, Gas In Street
      Cooling
      • Ductless
      Appliances
      • Included: Electric Cooktop, Electric Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer, Water Heater
      Features
      • Basement: None
      • Attic: None
      • Has fireplace: No
      Interior area
      • Total structure area: 2,398
      • Total interior livable area: 2,398 sqft
      • Finished area above ground: 2,398
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway, Private
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck
      • Fencing: Partial
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront, Beach, Beach Access, Water Community
      Lot
      • Size: 5,227 Square Feet
      • Features: Level
      Details
      • Parcel number: 1203554
      • Zoning: R5

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Other
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: None
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Near Public Transport
      • Subdivision: Pond Point
      HOA
      • Has HOA: No
      Location
      • Region: Milford

      Financial & listing details

      • Price per square foot: $707/sqft
      • Tax assessed value: $431,510
      • Annual tax amount: $12,751
      • Date on market: 4/28/2026

        Estimated market value

        $1,606,800

        $1.53M - $1.69M

        $3,668/mo

        Price history

        DateEventPrice
        4/28/2026Listed for sale$1,695,000+208.2%$707/sqft
        Source: Smart MLS #24170749 Report a problem
        6/1/2025Listing removed$3,000$1/sqft
        Source: Smart MLS #24047546 Report a problem
        9/17/2024Listed for rent$3,000+20%$1/sqft
        Source: Smart MLS #24047546 Report a problem
        11/11/2020Listing removed$2,500$1/sqft
        Source: Stacy Blake Realty LLC #170307471 Report a problem
        9/15/2020Price change$2,500+38.9%$1/sqft
        Source: Stacy Blake Realty LLC #170307471 Report a problem
        7/23/2020Sold$550,000-15.4%$229/sqft
        Source: Smart MLS #170228747 Report a problem
        6/19/2020Price change$1,800-18.2%$1/sqft
        Source: Stacy Blake Realty LLC #170307471 Report a problem
        6/9/2020Listed for rent$2,200-12%$1/sqft
        Source: Property World #170303775 Report a problem
        8/24/2019Listed for sale$650,000+6.6%$271/sqft
        Source: Property World #170228747 Report a problem
        7/16/2018Listing removed$609,900$254/sqft
        Source: West Shore Realty #170052207 Report a problem
        2/15/2018Listed for sale$609,900$254/sqft
        Source: West Shore Realty #170052207 Report a problem
        2/15/2018Listing removed$2,500$1/sqft
        Source: Michael Tarantino Report a problem
        2/9/2018Price change$2,500-3.8%$1/sqft
        Source: Michael Tarantino Report a problem
        12/1/2017Listed for rent$2,600$1/sqft
        Source: Michael Tarantino Report a problem
        9/21/2017Listing removed$2,600$1/sqft
        Source: Michael Tarantino Report a problem
        8/27/2017Price change$2,600+8.3%$1/sqft
        Source: Michael Tarantino Report a problem
        8/3/2017Price change$2,400-7.7%$1/sqft
        Source: West Shore Realty #N10217057 Report a problem
        6/18/2017Listed for rent$2,600+73.3%$1/sqft
        Source: Michael Tarantino Report a problem
        6/16/2017Listing removed$609,900$254/sqft
        Source: West Shore Realty #N10119743 Report a problem
        7/20/2016Price change$609,900-4.7%$254/sqft
        Source: West Shore Realty #N10119743 Report a problem
        3/24/2016Listed for sale$639,900-15.8%$267/sqft
        Source: West Shore Realty #N10119743 Report a problem
        3/24/2016Listing removed$1,500$1/sqft
        Source: West Shore Realty #N10088975 Report a problem
        12/8/2015Price change$1,500-9.1%$1/sqft
        Source: West Shore Realty #N10088975 Report a problem
        10/29/2015Price change$1,650-8.3%$1/sqft
        Source: West Shore Realty #N10088975 Report a problem
        9/2/2015Listed for rent$1,800$1/sqft
        Source: West Shore Realty #N10071443 Report a problem
        1/18/2007Sold$760,000-74.7%$317/sqft
        Source: Smart MLS #N255138 Report a problem
        1/9/1998Sold$3,000,000$1,251/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,751 +1.4%$431,510
        2024$12,574 +7.3%$431,510
        2023$11,724 +1.9%$431,510
        2022$11,500 +33.1%$431,510 +38.1%
        2021$8,640 +8.4%$312,470 +8.5%
        2020$7,972 -0.1%$287,990
        2019$7,980 -0.1%$287,990
        2018$7,989 -0.2%$287,990
        2017$8,003 -20.2%$287,990 -20%
        2016$10,024 -0.1%$360,050
        2015$10,038 +2.4%$360,050
        2014$9,801 -16.8%$360,050 -19.6%
        2013$11,773 +12.8%$447,970 +9.8%
        2012$10,440 -13.7%$407,810 -2.6%
        2011$12,095 +1.6%$418,662
        2010$11,907 +3.4%$418,662
        2009$11,513 -2.6%$418,662
        2008$11,819 +11.2%$418,662 +25.1%
        2007$10,632 +31.8%$334,666 +33.5%
        2005$8,067 +10.2%$250,670
        2003$7,320 +8.7%$250,670
        2001$6,733 $250,670

        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.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 06460

        Getting around

        46 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Calf Pen Meadow
        • Middle: East Shore
        • High: Joseph A. Foran

        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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