61 & 63 Oswegatchie Road
Waterford, CT 06385
$1,550,000 - Oswegatchie
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.
| Listing Id: | 24193725 |
|---|---|
| List Price: | $1,550,000 |
| Property Type: | Multi Family |
| Property Sub Type: | 4 Family |
| Status: | Active |
| Bank Owned Property: | No |
| Beds Total: | 7 |
| Baths Full: | 2 |
| Baths Half: | 2 |
| Living Area Sqft Per Public Record: | 1,120 |
| Property Tax: | $24,955 |
| Acres: | 1.36 |
| Style: | Other |
| Direct Waterfront Yn: | Yes |
| City: | Waterford |
| Neighborhood: | Oswegatchie |
| County: | New London |
| Postal Code: | 06385 |
| Year Built: | 1950 |
| Total Number Of Units: | 4 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Assessed Value: | $1,016,900 |
| Attic Description: | Unfinished, Walk-up |
| Attic Yn: | Yes |
| Basement Description: | Yes |
| Basement Description: | Full,Unfinished,Full With Walk-Out |
| Baths Total: | 4 |
| Color: | 1 Red & 1 Green |
| Comp Only Manual Yn: | No |
| Cooling System: | None |
| Current Price: | $1,550,000.00 |
| Directions: | GPS Friendly |
| Display Fair Market Value Yn: | Yes |
| Driveway Type: | Private, Paved, Dirt |
| Elementary School: | Per Board of Ed |
| Energy Features: | Storm Doors, Storm Windows |
| Exterior Features: | Porch-Enclosed, Sidewalk, Shed, Porch, Guest House |
| Exterior Siding: | Clapboard, Wood |
| Fireplaces Total: | 4 |
| Flood Zone Yn: | No |
| Foundation Type: | Block, Concrete |
| Fuel Tank Location: | In Basement |
| Garage & Parking: | Under House Garage, Off Street Parking, Driveway, Unpaved |
| Garages Number: | 1 |
| Heat Fuel Type: | Oil |
| Heat Type: | Radiator |
| High School: | Per Board of Ed |
| Home Owner's Assocation: | No |
| Home Warranty Offered Yn: | Yes |
| Hot Water Description: | Oil, Domestic |
| Laundry Room Info: | Hook-Up In Unit 2 |
| Laundry Room Location: | Basement |
| Listing Contract Date: | 2026-07-24 |
| Lot Description: | Sloping Lot, Water View |
| Mil Rate Total: | $24.54 |
| Status: | Active |
| New Construction Type: | No/Resale |
| Occupied By: | Owner |
| Original List Price: | $1,700,000 |
| Parcel Number: | 1590732 |
| Parking Total Spaces: | 8 |
| Possession Availability: | Negotiable |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 823-9567 |
| Price: | $1,550,000 |
| Radon Mitigation Air Ynu: | No |
| Radon Mitigation Water Ynu: | No |
| Remarks Public Addendum: | 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. |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | Yes |
| Sq Ft Description: | Per town card(s) for all 4 buildings |
| Sq Ft Est Heated Above Grade: | 3,025 |
| Sq Ft Total: | 3,025 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2026-June 2027 |
| Total Rooms: | 17 |
| Total Rooms Multi Family: | 17 |
| Under Agreement Yn: | No |
| Waterfront Description: | River, Dock or Mooring, Access |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | R-20W |
Listing Courtesy of: RE/MAX on the Bay
Listing Agent: Ann Carpenter
(860) 823-9567
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Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET