Welcome to Riverside Cottage, where classic New England charm meets modern waterfront living. Located at 597 Pequot Avenue, one of New London's most sought-after waterfront addresses, this exceptional home offers panoramic Thames River views from all three levels and front-row views of ferries, sailboats, tall ships, and luxury yachts. Featuring seven bedrooms, bright open living spaces, and a full bath on every level, the home is ideal as a primary residence, multi-generational retreat, or lucrative Airbnb investment. Inside, you'll find a chef's kitchen, a welcoming living room with a fireplace, and a private 100-inch home theater. Recent updates include new electrical service, a newer boiler, and an energy-efficient hybrid hot water heater. Just steps from the Thames River Yacht Club, enjoy easy access to boating, moorings, launch service, and cruises to Fishers Island, Block Island, and Long Island. Conveniently located between New York City and Boston with quick access to I-95 and Amtrak, Riverside Cottage offers the perfect blend of coastal beauty, modern comfort, and an unmatched waterfront lifestyle.
Single-familyProperty Type
1880Year Built
0.29 acresLot Size
$304Price/Sq.Ft.
2 garage spacesParking
Listed by Laura Ballirano• William Raveis Real Estate
New London Visual and Performing Arts Magnet School
Public 6-12 • Assigned • 2.5mi
4/10
Provided by GreatSchools
About South New
London
South New London, located between Downtown New London and Ocean Beach Park, is a waterfront and residential New London neighborhood with a working-harbor edge and a campus-adjacent rhythm. The neighborhood’s character concentrates around the Bank Street corridor near the Amtrak station, where coffee counters, small eateries, and maritime-facing storefronts keep the sidewalks in motion. Hygienic Art anchors the creative scene with rotating exhibitions and studios in a former factory setting. The Garde Arts Center adds a marquee-lit dose of performance culture a short walk north. Streets mix compact triple-deckers, older wood-frame houses, and institutional buildings, with long views toward the Thames River. Sidewalk routes link parks, the ferry docks, and the shoreline for an outdoors-forward daily loop.
Provided by Walk Score and Local Logic
Market insights
597 Pequot Ave · $1,275,000
DAYS ON MARKET
47 days
The average home goes pending in 35 days.
SALE-TO-LIST
102.1%
Most homes are selling 2% above list price.
LIST PRICE
$1,275,000
Median sale price in this area is $448,529. (65% lower than this home)
PRICE DROP
0 price drops
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Nine total rooms
Two fireplaces
Full unfinished basement with concrete floor, interior access and sump pump
Attic with access via hatch
Bedrooms
Eight bedrooms
Bathrooms
Three full bathrooms
One half bathroom
Kitchen
Oven/Range
Microwave
Refrigerator
Dishwasher
Disposal
Wine chiller
Laundry & utility
Washer and dryer included
Main level laundry
Heating & cooling
Steam heat (oil-fired)
Wall cooling unit
Domestic hot water
Exterior features
Enclosed porch, open porch, balcony and patio
Level lot
Walk-to-water location with water views
Paved driveway
Home design
Single-family home
Parking
Attached garage (2-car)
Driveway with off-street paved parking — total of 4 parking spaces
Construction
Frame construction with shingle and asbestos siding
Brick and stone foundation
Asphalt shingle roof
Utilities
Public water connected
Public sewer connected
Oil fuel tank located in basement
Electricity and solar
View estimated energy costs and solar savings for this home
To provide for areas of relatively open character for single family detached dwellings as well as for preservation of open spaces through cluster development on appropriate sites; to provide for facilities and uses which serve residents of these areas and which are benefited by an open residential environment; to provide opportunity for creative use of large older buildings as a means of assuring neighborhood stability, aesthetics and historic preservation.
Permitted uses
Include but are not limited to:
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 94° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
New London, CT • 06320
Average low and high temperatures (°F)
36
23
38
23
50
33
58
42
66
51
78
61
82
67
78
61
74
58
65
48
55
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in New London. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 597 Pequot Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $461,000 and $1,300,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $461K to $1.3M.