224 Neptune Drive - Groton, CT

$1,100,000

Beds

5.00

Baths

5,030

SqFt

0.35

Acres

Pricing Insight: Originally listed for $1,285,000, the price was last adjusted to $1,100,000 on January 28, 2026, a –$185,000 (14.4%) change, approximately 0 days ago. This property has been on the market for approximately 232 days.

224 Neptune Drive, Groton, CT is a 5-bed, 5-bath, 5,030 square foot home built in 1974 , featuring contemporary architecture. This home is part of a homeowners association, with dues of $3,300 paid annually. The HOA fee includes: tennis, lake/beach access, grounds maintenance, trash pickup, snow removal, and road maintenance. Community amenities include: gardening area, paddle tennis, playground/tot lot, and tennis courts.

This home is within the Groton school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24102760

Offered Price: $1,100,000

Residence Type: Single Family

Architectural Style: Contemporary

Living Area: 5,030 Sq. Ft.

Lot Size: 0.35 Acres

Neighborhood: Mumford Cove

County: New London

Year Built: 1974

Design & Construction: Frame

Heating: Baseboard,Hot Air,Hot Water

Cooling: Central Air

Garage Spaces: 2

Price per Sq Ft as listed: $219

Estimated Tax: $22,082

Days on Market: 232

Home Automation: Not specified

Energy Features: Storm Windows, Thermopane Windows

Solar Contract: Not specified

Heating Fuel: Oil

Fuel Type: Baseboard, Hot Air, Hot Water

Fuel Tank Location: In Basement

Cooling System: Central Air

Hot Water System: Other, Oil, Domestic

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $219 / Sq. Ft.

Tax assessed value: $880,110

Estimated Tax: $22,082

Architectural Style: Contemporary

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1974

Living Area: 5,030 Sq. Ft.

Lot Size: 0.35 Acres

Fuel: Oil

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in Groton
Statistical modeling algorithms

Local Market Context

Active Listings: 91

Average Price: $456,743

Average DOM: 232 days

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Coastal Elegance in Mumford Cove! Immerse yourself in the beauty of water views with this striking 5-bedroom, 5-bath Contemporary in the prestigious Mumford Cove community. Offering breathtaking water views and seamless indoor-outdoor living, this spacious retreat is ideal for year-round enjoyment or a luxurious vacation home. Discover an inviting layout designed for comfort and an intimate social connection. The open-concept eat-in kitchen features a breakfast bar with stunning views, while the adjoining dining and living areas, each warmed by a fireplace, set the stage for memorable gatherings. Sliding doors lead to a charming deck, a sprawling patio, and a sparkling in-ground pool. A main-level bedroom with a full bath provides convenient accommodations, while the primary suite indulges with a whirlpool tub, double vanity, and private deck access. A first-floor study and additional full bath complete the space. On the second level, 3 additional bedrooms offer versatility, two sharing a full bath. A spacious family room extends to a balcony overlooking the water, creating a tranquil retreat. A dedicated office space, laundry area, and another full bath add to the convenience. The third floor is a showstopper, featuring a sunroom bathed in natural light, opening to an L-shaped balcony with sweeping coastal views. The full basement ensures effortless storage, and an attached two-car garage provides easy access.

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain • 0.4 acres

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

91

Homes For Sale

$456,743

Average List Price

Mechanicals & Utilities: Baseboard,Hot Air,Hot Water • Oil • Central Air • Public Water Connected water • 2 fireplaces

Exterior Features

Exterior Construction: Vinyl Siding

Roof Type: Asphalt Shingle

Foundation: Concrete

Driveway: Private,Paved

Garage: Attached Garage,Driveway (2 car)

Parking: 2 Total

Patio/Deck: Deck,Gutters,Patio

Pool: Vinyl,In Ground Pool

Utilities: Water: Public Water Connected

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"Local Market Expert"

George Antonopoulos

Real Estate Advisor

Groton • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(800) 555-0001

george@appzentric.com

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224 Neptune Drive, Groton, Connecticut

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