Accepting backups

Price cut: $20K (9/29)

$549,900

86 Pegasus Drive, Groton, CT 06340

3beds

1,622sqft

$3,695/mo

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Single Family Residence

Built in 1950

1.28 Acres Lot

$-- Zestimate^®

$339/sqft

$-- HOA

What's special

Breakfast barWalk-in closetFreshly stained hardwood floorsGranite countersTiled showerNew mini-split unitSpacious pantry

Beautifully renovated three-bedroom, two-bath ranch (1600+ square feet on one level) with an oversized two-car detached garage with enough room for a workshop and car lift. Set atop the Bailey Hill subdivision on a double lot, and a beautifully renovated kitchen with a breakfast bar, granite counters, new appliances, and a spacious pantry; a living room/dining room combination with a fireplace and a new slider to the paver patio; two bedrooms and a full bath on one side of the house with freshly stained hardwood floors; and a private primary suite with a full bath, tiled shower, walk-in closet, and new mini-split unit on the other. City water, city sewer, and a full basement that offers ample storage. Conveniently located within minutes of the Subase, Electric Boat, Thames River, and I-95.

43 days
792
64

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Breezeway

Primary bedroom

Features: Remodeled, Bedroom Suite, Dressing Room, Walk-In Closet(s), Laminate Floor
Level: Main

Bedroom

Features: Hardwood Floor
Level: Main

Bedroom

Features: Hardwood Floor
Level: Main

Dining room

Features: Built-in Features, Fireplace, Hardwood Floor
Level: Main

Kitchen

Features: Breakfast Nook, Granite Counters, Laminate Floor
Level: Main

Living room

Features: Beamed Ceilings, Fireplace, Sliders, Hardwood Floor
Level: Main

Heating

Heat Pump, Forced Air, Electric, Oil

Cooling

Ductless, Window Unit(s)

Appliances

Included: Oven/Range, Refrigerator, Dishwasher, Electric Water Heater, Water Heater
Laundry: Main Level

Features

Windows: Thermopane Windows
Basement: Full,Unfinished
Attic: Crawl Space,Access Via Hatch
Number of fireplaces: 1

Interior area

Total structure area: 1,622
Total interior livable area: 1,622 sqft
Finished area above ground: 1,622
Finished area below ground: 0

Video & virtual tour

Property

Parking

Total spaces: 4
Parking features: Detached, Driveway, Private
Garage spaces: 2
Has uncovered spaces: Yes

Features

Patio & porch: Patio
Exterior features: Sidewalk, Rain Gutters, Garden
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 1.28 Acres
Features: Subdivided, Few Trees, Level, Cul-De-Sac

Details

Parcel number: 1949042
Zoning: RS-12

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: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Thermostat, Windows

Community & HOA

Community

Features: Library, Park, Playground, Shopping/Mall
Subdivision: Bailey Hill

HOA

Has HOA: No

Location

Region: Groton

Financial & listing details

Price per square foot: $339/sqft
Tax assessed value: $180,530
Annual tax amount: $5,120
Date on market: 9/10/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/29/2026	Price change	$549,900-3.5%$339/sqft
Source: Smart MLS #24172228 Report a problem
9/10/2026	Listed for sale	$569,900+136.5%$351/sqft
Source: Smart MLS #24172228 Report a problem
9/7/2017	Listing removed	$1,525$1/sqft
Source: Adam K. Mancini #86Pegasus Report a problem
8/8/2017	Listed for rent	$1,525+17.3%$1/sqft
Source: Zillow Rental Manager #170010455 Report a problem
5/29/2014	Listing removed	$1,300$1/sqft
Source: Ann McBride Real Estate, Inc. Report a problem
5/20/2014	Listed for rent	$1,300$1/sqft
Source: Ann McBride Real Estate, Inc. Report a problem
5/6/2004	Sold	$241,000$149/sqft
Source: Smart MLS #E144873 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2016	$4,080 +3.3%	$159,810
2015	$3,949 +3.9%	$159,810
2014	$3,800 +1.1%	$159,810
2013	$3,759 +2.1%	$159,810
2012	$3,682 -5.4%	$159,810 -11.1%
2011	$3,892 +2.5%	$179,830
2010	$3,798 +0.3%	$179,830
2009	$3,785 +12.9%	$179,830
2008	$3,354 +24%	--
2006	$2,704 +4.2%	$98,490
2005	$2,595 +0.9%	$98,490
2004	$2,573 -0.5%	$98,490
2003	$2,585 +7.1%	$98,490 +10.4%
2001	$2,413 -6.1%	$89,250 +8.2%
2000	$2,569 -5.6%	$82,460 -7.6%
1996	$2,722	$89,250