Back 994 Ocean Ave
Off Market

994 Ocean Ave

New London CT 06320

5
5
10
7168 sq. ft.
1.63 ac.
Single-Family
Last sold for $700,000
Randy RussRandy Russ, last sold this property on 04 August 2025 after 1066 days on market.

Overview

This unique home is a mid-century modern masterpiece offering 4100 sq.ft. of single level living on 1.63 acres with seasonal waterviews! A short walk to beaches, this special home has 5BDRS, 4 1/2baths, a large formal living room, a den with FP, full wet bar, sliders to the deck & stereo system with speakers throughout the house. Also, an expansive kitchen w/granite counters, new D/W, sub zero refrigerator, double ovens, electric cooktop range, ice maker, extra freezer. Large dining room,& MBR suite w/luxurious seamless glass shower- all perfect for entertaining and/or short-term rentals! Partially finished lower level studded & plumbed for 4 room layout of potential 2 room in-law apt. w/bath, plus pool room, and kitchen/laundry room. Also in basement a sauna, walk-in cedar closet, wine cellar, & 13 zone heating system new in 2019. Central air, loads of storage, deck, 3 bay garage w/storage, tennis court, rolling lawn w/2 massive copper beach trees. The period architecture is accented by an impressive array of antiques & artwork. A special property with too many amenities to list! SELLER FINANCING AVAILABLE. Come and be part of the exciting New London lifestyle with great dining,boating, shopping, history, and the opportunities of the Coast Guard Academy, Connecticut College, Mitchell College, General Dynamics, Pfizer, etc AND half way between Boston & New York City and minutes from Mystic Ct. attractions.

Features

5 bedrooms
5 bathrooms
10 carspaces
3 garage spaces
7168 sq. ft. floor area
1.63 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in New London over the last 12 months, the estimated median property value of 994 Ocean Ave is $510k.

Median value
$510k
Estimated value range
$180k - $875k
Median days on market
33
Estimated value trend
40%
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 994 Ocean Ave

2025
Sold
$700,000
04 Aug 2025 by Randy Russ, of Russ Real Estate
2016
Sold
$475,000
16 Aug 2016 by Mari Ann Blatch, of Berkshire Hathaway NE Prop.

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 5 bedroom single-family properties in New London

In the last 12 months, 6 five-bedroom single-family properties similar to 994 Ocean Ave, have been sold.

This represents a 15% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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