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$1,695,000
Est. payment /mo
4 Beds
2 Baths
2,398 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,398 sqft
Price per Sqft $706
MLS Listing ID 24170749
Style Colonial,Other
Bedrooms 4
Full Baths 2
Year Built 1910
Annual Tax Amount $12,751
Lot Size 5,227 Sqft
Property Description
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.
Location
State CT
County New Haven
Zoning R5
Rooms
Basement None
Interior
Heating Baseboard, Hot Water
Cooling Split System
Exterior
Exterior Feature Deck
Parking Features Driveway
Waterfront Description L. I. Sound Frontage,Beach,Beach Rights,Water Community,View
Roof Type Asphalt Shingle
Building
Lot Description Fence - Partial, Level Lot, Water View
Foundation None
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Calf Pen Meadow
Middle Schools East Shore
High Schools Joseph A. Foran
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Listed by Stephanie Ferreira • BHGRE Gaetano Marra Homes
Nearby School & Business
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