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Gales Ferry Home for Sale

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  • 8 Mill Cove Rd, Gales Ferry, CT 06335
    8 Mill Cove Rd, Gales Ferry, CT 06335
    8 Mill Cove Rd, Gales Ferry, CT 06335
    /31

    $349,900

    $49K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    8 Mill Cove Rd, Gales Ferry, CT 06335

    Now available at 8 Mill Cove Rd., Gales Ferry, CT, this charming two-bedroom, one-bath home offers over 800 square feet of living space and the opportunity to enjoy year-round views of the Thames River without the expense of condo living or association fees. Featuring hardwood floors throughout, a newer boiler providing comfortable steam heat, and a flat backyard on a quiet cul-de-sac, this home

    Stephano Stravoravdis Real Broker CT, LLC

    8 Mill Cove Rd, Gales Ferry, CT 06335
Connecticut New London County Ledyard

Real Estate & Homes for Sale in Gales Ferry, Ledyard

Why Live in Gales Ferry
Gales Ferry, located on the eastern bank of the Thames River in Ledyard, Connecticut, is a historic neighborhood with homes dating back to the 18th and 19th centuries. This area, known for its rural and residential feel, features narrow roads, dense tree cover, and a landscape dotted with ponds and streams. The neighborhood is home to a variety of housing options, including historic Victorians with wrap-around porches, 1920s Craftsman-style homes, and midcentury ranches, many of which sit on large plots of land. Gales Ferry’s small downtown along Route 12 includes eateries like Fireside Brick Oven and Sunny Side Diner, as well as Bro’s Barbershop and Triple B: Best Burgers and Brews. The area also features Erickson Park, a scenic spot for kayaking and picnicking, and the Gales Ferry Marina, which offers dockage and boating services. The neighborhood is served by the Ledyard School District, with Ledyard High School being highly rated. Gales Ferry is safer than the national average, making it a secure place for families. The area is car-dependent, but SEAT buses provide public transportation, and the New London Amtrak station is 8 miles away. Flood risks exist near Smith Pond, Pine Swamp Brook, and low-lying areas in the southern part of the neighborhood.
Learn more about living in Gales Ferry

Gales Ferry Home Prices vs. Nearby Ledyard, CT Neighborhoods

Gales Ferry Montville Ledyard
Median Home Price
$404,450
$357,450
$404,500
Median Sale Price
$415,000
+1% YoY
$370,000
+6% YoY
$420,000
+1% YoY
Median Single Family Price
$412,450
$377,500
$425,000
Median Townhouse Price
--
$184,000
$222,500
Median Condo Price
--
$182,000
$215,000
Total Active Listings
1
7
23
Market Conditions
1 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market

Frequently Asked Questions

Is Gales Ferry a good place to live?
Gales Ferry is a good place to live. Gales Ferry is considered very car-dependent and somewhat bikeable with minimal transit options. Gales Ferry is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. It has a median age of 42. The average household income is $80,499 which is below the national average. College graduates make up 32.3% of residents. A majority of residents in Gales Ferry are home owners, with 15% of residents renting and 85% of residents owning their home. A local real estate agent serving Gales Ferry can help you decide if this neighborhood is the right one for you. Learn more on our Gales Ferry neighborhood guide.
Is Gales Ferry, CT a safe neighborhood?
Gales Ferry, CT is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Gales Ferry?
The median home price in Gales Ferry is $404,450. If you put a 20% down payment of $80,900 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $2,060 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $88K a year to afford the median home price in Gales Ferry. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Gales Ferry is $80K.
What are the best public schools in Gales Ferry?
The best public schools that serve Gales Ferry are:
  • Ledyard High School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 3.8.
  • Ledyard Middle School has a C+ Niche grade, a student teacher ratio of 12:1 and an average review score of 2.2.
What are the best private schools in Gales Ferry?
The best private schools that serve Gales Ferry are:
What are the most popular zip codes in Gales Ferry, Ledyard, CT?
The most popular zip codes in Gales Ferry, Ledyard, CT include 06335, 06375, 06340, 06382 and 06385.
What are the most popular neighborhoods near Gales Ferry, Ledyard, CT?
The most popular neighborhoods near Gales Ferry, Ledyard, CT are Long Hill, Downtown New London, Jefferson, Old Mystic and Willetts.
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