61 Terrace Ave Niantic, CT 06357
Niantic NeighborhoodEstimated payment $3,392/month
Highlights
- Very Popular Property
- Cape Cod Architecture
- Deck
- East Lyme Middle School Rated A-
- Clubhouse
- Enclosed Patio or Porch
About This Home
MODERN COASTAL RETREAT BY THE SEA! Move in just in time for summer fun. Enjoy coffee at sunrise on your spacious deck as Fido frolics in your fenced backyard, and later unwind with sunset views from the living room bay window. You'll love cooking in your thoughtfully remodeled kitchen with brand new stainless steel appliances, granite counters, white cabinetry & a generous breakfast bar, complemented by a tranquil updated full bath with new luxury vinyl flooring. Refinished hardwood floors add warmth, while plush carpeting upstairs & in the sunroom provides comfort throughout. A newer boiler & water heater enhance efficiency, and the roof offers lasting value. New exterior doors, modern light fixtures & fresh paint throughout complete this impeccably updated home. The full basement offers expansion potential for added living space, a home gym, and an abundance of storage. Beyond the home, the lifestyle truly sets this property apart. Conveniently located just 2 blocks to 2 Crescent Beaches, the bluff with stunning views, and dining overlooking the water at The Stand. Enjoy McCook Point Park, Hole in the Wall Beach, and endless coastal recreation. Store kayaks at the beach, request a mooring, or join the yacht club. Stroll the boardwalk, bike along the shoreline, or explore downtown Niantic's shops, dining & nightlife. Enjoy food, music & entertainment on Crescent Beach & views of the Celebrate East Lyme fireworks. Great income potential (subject to local regulations).
Listing Agent
Burns Realty Brokerage Phone: (860) 910-8239 License #REB.0791250 Listed on: 03/30/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,270
Year Built
- Built in 1959
Lot Details
- 5,663 Sq Ft Lot
- Property is zoned R12
HOA Fees
- $16 Monthly HOA Fees
Parking
- Parking Deck
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,229 Sq Ft Home
- Concrete Flooring
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on lower level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deck
- Enclosed Patio or Porch
- Shed
- Rain Gutters
Location
- Property is near shops
Schools
- Niantic Center Elementary School
- East Lyme Middle School
- East Lyme High School
Utilities
- Ductless Heating Or Cooling System
- Split Air Conditioning
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Hot Water Circulator
- Oil Water Heater
- Fuel Tank Located in Basement
Listing and Financial Details
- Assessor Parcel Number 1466090
Community Details
Overview
- Association fees include club house, lake/beach access
Amenities
- Clubhouse
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,270 | $188,160 | $89,670 | $98,490 |
| 2024 | $4,958 | $188,160 | $89,670 | $98,490 |
| 2023 | $4,681 | $188,160 | $89,670 | $98,490 |
| 2022 | $4,486 | $188,160 | $89,670 | $98,490 |
| 2021 | $4,249 | $149,030 | $85,540 | $63,490 |
| 2020 | $4,217 | $148,680 | $85,540 | $63,140 |
| 2019 | $4,191 | $148,680 | $85,540 | $63,140 |
| 2018 | $4,066 | $148,680 | $85,540 | $63,140 |
| 2017 | $3,889 | $148,680 | $85,540 | $63,140 |
| 2016 | $4,200 | $165,620 | $105,910 | $59,710 |
| 2015 | $4,092 | $165,620 | $105,910 | $59,710 |
| 2014 | $3,980 | $165,620 | $105,910 | $59,710 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2026 04/01/26 | For Sale | $550,000 | +22.2% | $448 / Sq Ft | |
| 12/05/2025 12/05/25 | Sold | $450,000 | -5.3% | $366 / Sq Ft | View Prior Sale |
| 11/29/2025 11/29/25 | Pending | -- | -- | -- | |
| 11/07/2025 11/07/25 | For Sale | $475,000 | -- | $386 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $450,000 | -- | |
| Warranty Deed | $122,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $96,000 | No Value Available | |
| Previous Owner | $12,000 | No Value Available | |
| Previous Owner | $113,506 | Purchase Money Mortgage |
Source: SmartMLS
MLS Number: 24163366
APN: ELYM-000802-000019
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