New London Homes under $1.25 million

Welcome to New London, Connecticut, a vibrant coastal city steeped in rich maritime history and brimming with cultural charm. Nestled along the picturesque shores of Long Island Sound, New London boasts stunning waterfront views, a thriving arts scene, and a welcoming community spirit that makes it an ideal place to call home.

In New London, you’ll find a diverse array of homes available under $1.25 million, offering an exceptional opportunity for both first-time buyers and seasoned investors. From charming historic residences with unique architectural details to modern townhouses featuring contemporary amenities, there’s something for everyone in this beautiful city. Many homes are conveniently located near the waterfront, providing easy access to scenic parks, beaches, and recreational activities.

The city is also home to a variety of dining options, ranging from cozy cafes to fine dining establishments, ensuring that every culinary craving is satisfied. With its close-knit community feel, New London hosts numerous events throughout the year, including festivals, art shows, and farmers' markets, fostering a sense of belonging among residents.

For families, New London offers excellent educational opportunities, with a range of public and private schools, as well as access to higher education institutions such as Connecticut College and the United States Coast Guard Academy.

Whether you’re drawn by the allure of coastal living, the rich cultural experiences, or the affordability of homes under $1.25 million, New London is a remarkable place to put down roots. Embrace the charm of this coastal gem and discover the perfect home for you in New London today!

Newest New London Homes under $1.25 million

$695,000

4 Beds ⋅ 6 Baths ⋅ 24211716 MLS

Located in downtown New London, 97 & 107 Green St presents an excellent opportunity to own a cash-flowing multifamily property in one of Connecticut's strongest rental markets. The property provides investors with exposure to major economic drivers, including General Dynamics Electric Boat, Pfizer, Lawrence + Memorial Hospital, the U.S. Coast Guard Academy, Mitchell College, Connecticut College, and many more. The property is located just minutes from the Cross Sound Ferry and New London's Union Train Station, while offering convenient access to the city's downtown business district, waterfront, neighborhood retail corridors, and surrounding residential areas. The property also benefits from strong connectivity to major regional routes, including Route 32, Route 12, and Interstate 95, providing efficient access throughout southeastern Connecticut and convenient connections to Norwich, Groton, and the broader New London-Norwich area. 97 Green St is a three-story brick building containing four (4) 1-bedroom/1-bathroom units and two (2) Studio units, with 3,004 square feet of gross living area within 4,000 square feet of gross area. 97 Green St is situated on a 0.06-acre parcel. 107 Green St offers 10 off-street parking spaces on a private 0.09-acre lot adjacent to the building. 107 Green St Parcel ID: 4557

97 & 107 Green St, New London

$399,999

6 Beds ⋅ 2 Baths ⋅ 24203546 MLS

Fully occupied two-family home with an additional lot offering valuable off-street parking! Both units are currently rented and occupied by tenants on a month-to-month basis, providing immediate rental income and flexibility for future ownership plans. The additional lot provides space for approximately 4-5 vehicles, a valuable feature in this area. The property was previously connected to gas and can be easily converted back to gas if desired. Conveniently located near Electric Boat, Ocean Beach, local schools, bus stops, shopping, restaurants, and major transportation routes. Great opportunity for an investor looking to add a fully occupied multi-family property to their portfolio or an owner-occupant looking to offset their housing costs with rental income. Property is being sold AS-IS. Buyer and buyer's agent are encouraged to conduct their own due diligence and inspections.

194-196 Jefferson Ave, New London

$182,000

2 Beds ⋅ 1 Baths ⋅ 24211088 MLS ⋅ Westridge Gardens BLDG.

Move-in ready and meticulously maintained, this 2-bedroom, 1-bath condo in New London's Westridge community offers easy, single-level living with 1,050 sq ft of updated space. The kitchen was renovated in 2010 with a refreshed ceiling in 2025, the bath was updated in 2012, and laminate flooring was installed in 2014. Recent upgrades include a new stove and all-new LED lighting (2026), new refrigerator and dishwasher (2024), new patio tiles (2024), and updated windows (2008) - leaving little to do but move in. Step out to your private patio, then cool off at the community's in-ground pool. The $486/month HOA fee covers heat and hot water, and residents also enjoy on-site laundry and basement storage. Convenient to downtown New London, the waterfront, Coast Guard Academy, Amtrak, and easy highway access. Affordable, updated, and ready for its next owner!

65 Westridge Rd Unit D5, New London

$178,900

1 Beds ⋅ 1 Baths ⋅ 24210469 MLS ⋅ Harbour House BLDG.

Refreshed fourth-floor, one-bedroom residence offering 722 sq ft of updated, low-maintenance living in a professionally managed waterfront community. Features include new flooring, paint, lighting, bath fixtures, some appliances and counters. Amenities: elevator, secure entry, laundry, assigned parking, and a riverfront pool. Enjoy Thames River views, association dock access, and convenient proximity to Electric Boat, L+M Hospital, Amtrak, and downtown dining. HOA covers heat, hot water, water, and sewer. Move-in ready-can be sold furnished!

292 Pequot Ave Unit E4, New London

$450,000

4 Beds ⋅ 2 Baths ⋅ 24210473 MLS

Solid and sound in a sensational location! This home's space and versatility "feels" bigger than the sq.ft.! Generous bedrooms with optional primary choice use on main or 2nd floor. Wood flooring throughout, with a sand and polish these floors will shine back at you. Natural gas heat, cast iron baseboards. Enclosed heated rear porch with vaulted tongue and groove ceiling, provides access to backyard deck and offers generous living or entertainment area year round. Privately situated rear yard, avid gardeners delight. Short walk or bike ride to Pequot Ave., the Lighthouse Inn, EB, or L&M Hospital. Updated roof, kitchen and siding, dates are not recalled by the family.

95 Lower Blvd, New London

$469,900

2 Beds ⋅ 4 Baths ⋅ 24210431 MLS

Fully renovated mixed-use property in the heart of New London featuring two commercial spaces and a spacious 2-bedroom apartment. Major updates include a new roof, HVAC, plumbing, and electrical. Turnkey opportunity with multiple income streams and strong visibility. (Buyer to do own due diligence with zoning for permitted uses). One commercial space is ready for occupancy, previously was a barber shop and a boutique.

77 Truman St, New London

$424,900

3 Beds ⋅ 1 Baths ⋅ 24210334 MLS

As you near 37 Gardner, you will immediately appreciate just how beautiful the town of New London is. The enormous front yard greets you upon arrival. This sprawling space could have so many great uses. The long driveway has plenty of room for parking with at least 5 spaces located along home. There have been many updates, including a new roof, completed last year. Inside & out this home has been well taken care of. The property has not changed hands in nearly 4 decades! In that time it has been lovingly cared for by one family. While the location and surrounding area are fantastic all year, it really shines in the summer. Walking distance to the Beach, Park, Mitchell College, Medical Facilities, great dining options, and so much more. This property is an absolute gem, and is waiting for it's next owner to love it for another 40 years :)

37 Gardner Ave, New London

$335,000

2 Beds ⋅ 2 Baths ⋅ 24207304 MLS ⋅ New London Harbour Towers BLDG.

Experience refined coastal living at Harbour Towers in this beautifully updated 2-bedroom, 2-full-bath one floor residence. An elegant tray ceiling, fresh paint throughout, and new carpeting in the second bedroom create a bright, sophisticated feel, while the thoughtfully renovated primary suite bath offers a luxurious retreat. Additional highlights include a new on-demand hot water heater, in-unit laundry, and a private storage unit. Step outside through your private access to the terrace, complete with a grill and heated rooftop pool. Harbour Towers offers exceptional lifestyle amenities with a covered heated pool, a Pub social room, fitness area, and theater room. All assessments have been paid in full, and this residence is vacant and ready for its new owner. Ideally situated near the New London Train Station and Amtrak, Cross Sound Ferry, Electric Boat, L+M/Yale New Haven Hospital, the Coast Guard Academy, area colleges, and the Navy Base. Enjoy the convenience, amenities, and elevated lifestyle that Harbor Towers has to offer.

461 Bank St Unit 403, New London

$399,900

4 Beds ⋅ 2 Baths ⋅ 24209007 MLS

Some homes have character added to them. This one has had it for more than a century. Welcome to 63 Faire Harbour Place, historically known as the Harrison Whittemore House, a Colonial Revival home recognized as a contributing property within New London's National Register-listed Montauk Avenue Historic District. Local history holds that Whittemore built the home for his daughter, and its craftsmanship has been beautifully preserved through generations. The character begins outside, where the original brick walkway leads to an unforgettable front portico with detailed millwork, stained glass and built-in benches. Inside, 2,284 sq ft offers 4 bedrooms and 2 full baths with original woodworking, hardwood floors, built-ins, paneled walls, arched openings and two fireplaces. The updated kitchen features abundant cabinetry, stone counters, stainless appliances, a large island and a sun-filled banquette dining space. A main-floor primary bedroom with its beautiful fireplace and mantel is a standout. Historic character, thoughtfully updated for the way we live today.

63 Faire Harbour Pl, New London

$99,000

3 Beds ⋅ 2 Baths ⋅ 24209977 MLS

This 1,866 square foot 3-bedroom Colonial in New London has plenty of potential! This property is located within walking distance to beaches, restaurants, parks, and more. This home suffered a fire in 2022. Please look into situation prior to viewing. As a result of condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless and the property may only be shown by appointment. Highest & Best Hold Period active - expires 10/01/2026 01:00 PM CST. DEADLINE HAS PASSED, SELLER WILL NO LONGER BE ACCEPTING SUBMISSIONS. Utilities will not be turned on for inspections. If property was built prior to 1978, Lead Based Paint Potentially Exists.

50 Sherman St, New London

$444,000

5 Beds ⋅ 3 Baths ⋅ 24209516 MLS

Own a Piece of New London History! Welcome to 16 Starr Street, historically known as the Melville Chester House, circa 1842. Set along charming and historic Starr Street, this distinctive two-family property offers character, space and a unique opportunity to make a piece of New London history your own. The first-floor unit features a spacious one-bedroom layout with a separate dining room, comfortable living space and its own laundry hookups. The second unit begins with a similarly spacious layout and continues to the third floor, where you'll find three additional bedrooms, another full bathroom and a cozy gathering space tucked toward the rear of the home, complete with a skylight. This unit also offers its own laundry hookups and plenty of room to make it your own with some light refreshing and finishing touches. Perfect for an owner-occupant looking to enjoy the benefits of multi-family living, with the opportunity for additional rental income in the future. With generous living space, flexible layouts and nearly two centuries of New London history behind it, 16 Starr Street is anything but ordinary. A special home with a story to tell-and plenty of room for its next chapter.

16 Starr St, New London

$399,900

6 Beds ⋅ 3 Baths ⋅ 24209409 MLS

Great opportunity to own a spacious three-family property offering approximately 3,271 square feet of living space with a total of 6 bedrooms and 3 full bathrooms. With three separate units and practical layouts, this property offers excellent potential for investors looking to expand their rental portfolio or buyers interested in an owner-occupied multifamily home. Features include natural gas heat, vinyl siding, a full basement, and public water and sewer. Ideally situated with convenient access to downtown New London, shopping, restaurants, public transportation, major highways, the waterfront, and other local amenities. Don't miss the opportunity to explore the possibilities this multifamily property has to offer. Sale is subject to Probate Court approval.

55 Connecticut Ave, New London

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