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$100,000
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Property Description
Investors take note - this property offers exceptional potential in an excellent location with beautiful winter water views of the Thames River. The home features a newly tiled full bathroom. It needs new kitchen cabinets and countertops, a new roof, and a contractor's power pole for electrical access during construction. Inside, the layout includes a living room, dining room, kitchen, two bedrooms, and a full bath, offering a practical footprint for redesign, expansion, or modernization. The property requires a full rehab, including: New heating system New septic system Town water hookup Additionally, the front shop building must be completely demolished - do not enter. With its desirable setting, river view backdrop, and strong long-term upside, this property is ideal for contractors, flippers, or investors ready to bring a vision to life. Opportunities in locations like this are rare - secure this highpotential project and unlock its full value.
Full Property Details
Full Property Details for 7 River Dr
General
- Sold For: $100,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Single Family
- Source: SMARTMLS
- MLS ID: 24178387
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Bedroom, Upper
- Bedroom 1: Bedroom, Upper
Other Rooms
- Living Room: Living Room, Main
- Kitchen: Kitchen, Main
- Dining Room: Dining Room, Main
Parking
- Total Spaces: 2
- Parking: Off Street Parking
Location
- County: New London
- Neighborhood: Gales Ferry
- Driving Directions: GPS Friendly Sign out front
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Community
- Community Name: Gales Ferry
Heating & Cooling
- Cooling Type: None
- Heating Type: No Heat
- Water Heater: No Hot Water
Utilities
- Sewer: Cesspool
- Water: None
Structural Information
- Architectural Style: Cape Cod
- Construction Status: No/Resale
- Exterior Const.: Wood
- Basement Desc.: Full
- Roof: Asphalt Shingle
- Square Feet: 1,281
- Above Ground: 1,281 Sq. Ft.
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.28
- Zoning: R40
- Lot Description: Rolling
Financial Considerations
- Assessment Amount: $105,840
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1510514
Listed by Carl Guild & Associates, Martha Poole
Sold by Bridget Morrissey Realty LLC, Bridget Morrissey
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Schools
Schools serving 7 River Dr
School District:Ledyard School District
| Name | Grades | Distance |
|---|---|---|
Gales Ferry School 1858 Route 12, Ledyard, CT 06335 | PK-2 | 0.5 mi |
Juliet W. Long School 1854 Route12, Ledyard, CT 06335 | 3-6 | 0.5 mi |
Ledyard Middle School 1860 Route 12, Ledyard, CT 06335 | 7-8 | 0.6 mi |
Ledyard High School 24 Gallup Hill Road, Ledyard, CT 06339 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 River Dr
Date
Details
Price
Change
Source
6/30/2026
Sold
$100,000
-42.86%
MLS
6/07/2026
Price Reduced
$175,000
-5.41%
MLS
5/31/2026
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7 River Drive, Ledyard, CT 06335 (MLS# 24178387) is a Single Family property that was sold at $100,000 on June 30, 2026. Want to learn more about 7 River Drive? Do you have questions about finding other Single Family real estate for sale in Gales Ferry? You can browse all Gales Ferry real estate or contact a Coldwell Banker agent to request more information.

