Back 5 Penny Lane
Off Market

5 Penny Lane

New London CT 06320

3
2
2
1288 sq. ft.
0.17 ac.
Single-Family
Last sold for $455,000
Hanna SwansonHanna Swanson, last sold this property on 08 June 2026 after 52 days on market.

Overview

A rare opportunity to own a fully renovated, move-in-ready coastal home where every major upgrade has already been completed. Set on a wide, sidewalk-lined street, this turnkey ranch showcases a brand-new roof, new central air system, and thoughtfully upgraded finishes from top to bottom-offering true peace of mind from day one. Perfectly positioned on a cul-de-sac just moments from the shoreline, Ocean Beach Park, and Mitchell College, this home delivers elevated coastal living with convenient nearby rail access to both Boston and New York City. Inside, the sunlight pours into the front windows of the home, with that golden, warm glow. A seamless open-concept design creates an effortless flow between the kitchen, dining, and living spaces, all enhanced by brand-new luxury vinyl flooring. The kitchen is both stylish and functional, featuring smoky quartz countertops, stainless steel appliances, a gas range, and a wine cooler, ideal for everyday living and entertaining alike. The home offers three well-appointed bedrooms and two full bathrooms, including a serene primary suite with a private bath finished in striking, high-end gold-flecked tile. Additional highlights include the high-end lighting fixtures, wood-burning fireplace, full laundry room and pantry, a full-length crawlspace providing excellent storage, room for a workshop in the garage, and more. Outdoors, enjoy a thoughtfully enhanced yard with a newly added shed and garden space.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1288 sq. ft. floor area
0.17 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in New London over the last 12 months, the estimated median property value of 5 Penny Lane is $340k.

Median value
$340k
Estimated value range
$90k - $1.75m
Median days on market
11
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New London. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Penny Lane

2026
Sold
$455,000
08 Jun 2026 by Hanna Swanson, of Real Broker CT, LLC
2024
Sold
$366,000
01 Oct 2024 by Mary Poola, of William Raveis Real Estate

Happy sellers in New London

97%
97% of sellers in New London reported that their sale price either exceeded or met their price expectations.

New London stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in New London over the last 12 months.

Local market activity for 3 bedroom single-family properties in New London

In the last 12 months, 60 three-bedroom single-family properties similar to 5 Penny Lane, have been sold.

This represents a 27% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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