$549,900
OPEN SUN 12PM - 2PM $15K PRICE DROP

331 Route 163 Montville, CT 06353

Oxoboxo River Neighborhood

Estimated payment $3,480/month

Total Views 12,529
4 Beds
2.5 Baths
3,242 Sq Ft
$170 Price per Sq Ft

Highlights

  • Hot Property
  • Waterfront
  • Deck
  • In Ground Pool
  • 3.27 Acre Lot
  • 2 Fireplaces

About This Home

Welcome to this rare 2-family home set on a beautiful 3.27-acre lot in scenic Montville. Offering 4 bedrooms, 2.5 bathrooms, 2 additional rooms, and an in-law, this property provides exceptional flexibility for multigenerational living or rental income. The main home features generously sized living areas and a well-equipped kitchen with all new appliances. The in-law apartment has its own private entrance, full kitchen with new tile floors, and living space. Enjoy summer days in the in-ground pool with all new equipment. The home also includes a shared basement that offers additional storage or hobby space, and a spacious 3-bay garage with room for vehicles, equipment, or workshop use. This home sits on a hill overlooking Red Mill Pond. Sellers are motivated!!

Listing Agent

Zien Perry

William Raveis Real Estate License #RES.0832156 Listed on: 07/28/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,810

Year Built

  • Built in 1945

Lot Details

  • 3.27 Acre Lot
  • Waterfront
  • Garden

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,242 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Concrete Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Garage
  • Parking Deck

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Deck
  • Patio

Schools

  • Montville High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Oil Water Heater

Additional Features

  • Multiple Entries or Exits
  • Heating system powered by active solar

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,810

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Neighborhood: Palmertown
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3242
  • Total Sq Ft: 3242
  • Year Built: 1945
  • New Construction: No/Resale
  • Remarks Public Addendum: The in-law is used as a yearly rental and is also listed separately for $1,700 a month. Lease has been signed for a new tenant to move in September 1st, Lease ends August 31st 2026. Lease to transfer into new buyers name.
  • Property Sub Type: 2 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Directions: Off RT 163, up hill driveway
  • Special Features: OpenHouse

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full, Unfinished, Concrete Floor
  • Laundry Room Location: Bathroom
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 331
  • Other SqFt Description: 3242

Exterior Features

  • Exterior Features: Deck, Garden Area, Patio
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Other
  • Waterfront Description: View
  • Swimming Pool: Yes
  • Pool: Vinyl, In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 3
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil, Domestic
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Montville

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 3.27
  • Lot Description: Lightly Wooded Sloping Lot Water View
  • Flood Zone: No
  • Zoning: R120
  • Parcel #: 999999999

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5810
  • Total Assessed Value: 155890
  • Mil Rate Total: 28.87

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Montville

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $5,351 $200,340 $31,430 $168,910
2021 $5,780 $182,040 $37,890 $144,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $549,900 -2.7% $170 / Sq Ft
08/01/2025 08/01/25 For Sale $564,900 +49.1% $174 / Sq Ft
12/01/2021 12/01/21 Sold $379,000 +8.3% $117 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/25/2021 09/25/21 Price Changed $350,000 -6.7% $108 / Sq Ft
08/27/2021 08/27/21 Price Changed $375,000 -6.0% $116 / Sq Ft
08/12/2021 08/12/21 For Sale $399,000 0.0% $123 / Sq Ft
08/30/2016 08/30/16 Rented $1,700 +47.8% --
08/30/2016 08/30/16 Rented $1,150 -32.4% --
08/24/2016 08/24/16 For Rent $1,700 +47.8% --
08/15/2016 08/15/16 Price Changed $1,150 -8.0% $1 / Sq Ft
08/07/2016 08/07/16 For Rent $1,250 -- --
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24114954

SmartMLS

APN: MONT M:023 B:075 L:000

Connecticut New London County Montville 06353 Oxoboxo River

331 Route 163, Montville, CT

This home is located at 331 Route 163, Montville, CT 06353 and is currently priced at $549,900, approximately $169 per square foot. This property was built in 1945. 331 Route 163 is a home located in New London County with nearby schools including Leonard J. Tyl Middle School, Montville High School, and Bradley School-New London Regional.

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Nearby Homes
Listing Agent
Zien Perry
William Raveis Real Estate