118 River Road, Madison, CT 06443
Property image
Property image
FOR SALE
15.9 ACRES

$5,000,000

  • 3 Beds
  • 3 Baths
  • 3,109 sqft (on 15.90 acres)

118 River Road, Madison, CT 06443

Est. Mortgage $34,761/mo*
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Home Highlights

Single-Family Home
Built in 1958
15.9 acre lot
$1,608/sqft
3 Car Garage

Local Information

  • Map ViewExplore the area around 118 River Road.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Some properties are defined by the house that sits on them. Others are defined by the land itself...by history, landscape and a sense of beauty that simply cannot be created. This is such a place. Owned and farmed by the same family for 200 years, this remarkable 16 Acre piece sitting on the Hammonassett River is the last piece of the original farm to be sold. With over 1500 ft. bordering the river, the property unfolds across open hay fields, tidal marshes and expansive river views. The landscape changes with the seasons and the light, grasses moving with the wind and water reflecting the ever changing sky...a landscape that is both bucolic and breathtaking. This is an exceptional setting for a distinctive country residence, a private retreat or a place to enjoy a quieter chapter of life. An existing, well appointed, three bedroom ranch home sits on the property and enjoys the same remarkable views. Comfortable as it stands, the home could ultimately serve as a guest house, artist's studio or private office. The property offers the potential for more than one lot, but with generations of family ownership, the sellers have hopes to see the land remain intact, so no soil testing has been undertaken for subdivision. A survey is available and buyers considering additional development should conduct their own due diligence. After two centuries in the same family, this is a rare opportunity to become the next steward of an extraordinary Connecticut landscape. Madison is a lovely beach town about half way between NYC and Boston and 20 minutes to New Haven by car. You can also take the train from Madison to NYC or from Old Saybrook to Boston.
Last check for updates: about 4 hours ago
Listing courtesy of Judy Dannemann, (203) 675-8944
William Raveis Real Estate, (203) 675-8944
Source: Smart MLS, MLS#24192754
Also Listed on Smart MLS.

Home Details for 118 River Road

Interior Features

Interior Details
Basement: Full,Heated,Interior Entry,Partially Finished,Liveable Space,ConcreteNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom, Dining Room, Living Room, Sun Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3109 Square Feet
Appliances & Utilities
Appliances: Gas Cooktop, Oven, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer, Water HeaterDishwasherDryerLaundry: Lower LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Hot Water,Zoned,OilHas CoolingAir Conditioning: Ceiling Fan(s),Ductless,Window Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Windows, Doors, Floors & Walls
Window: Thermopane WindowsDoor: Storm Door(s), French Doors
View
Has a ViewView: Water

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Enclosed, Porch, DeckOther Structures: Shed(s), Barn(s)Exterior: Rain Gutters, Garden, Stone WallFoundation: Concrete PerimeterGardenNo Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 10Parking: Detached,Attached,Off Street,Driveway,Garage Door Opener,Private,Paved
Frontage
WaterfrontWaterfront: Waterfront, River Front, Walk to Water, Dock or Mooring, AccessOn Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 2309 Square FeetFinished Area (below surface): 800 Square Feet

Days on Market

Days on Market: 9

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Not Included in Sale: Two window AC'sParcel Number: 1156378

Price & Status

Price
List Price: $5,000,000Price Per Sqft: $1,608
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: MadisonCommunity: Hammonasset
School Information
Elementary School: Per Board of EdJr High / Middle School: Polson Middle SchoolHigh School: Daniel Hand

Agent Information

Listing Agent
Listing ID: 24192754

Building

Building Area
Building Area: 3109 Square Feet

Community

Community Features: Golf, Health Club, Library, Medical Facilities, Public Rec Facilities, Shopping/Mall, Stables/Riding, Tennis Court(s)

HOA

No HOA

Lot Information

Lot Area: 15.9 Acres

Energy

Energy Efficiency Features: Ridge Vents, Doors, Windows

Miscellaneous

BasementMls Number: 24192754Attic: Pull Down StairsWater ViewWater View: WaterAttribution Contact: (203) 675-8944Above Grade Unfinished Area: 2309Activation Date: Tue Sep 01 2026

Additional Information

GolfHealth ClubLibraryMedical FacilitiesPublic Rec FacilitiesShopping/MallStables/RidingTennis Court(s)

Around this home

What Locals Say about Madison

At least 57 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 91 % Say parking is easy

  • 90 % Say yards are well-kept

  • 89 % Say it's dog friendly

  • 88 % Say there's wildlife

  • 85 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 74 % Say it's quiet

  • 66 % Say neighbors are friendly

  • 63 % Say they plan to stay for at least 5 years

  • 62 % Say kids play outside

  • 39 % Say there are community events

  • 31 % Say streets are well-lit

  • 29 % Say it's walkable to grocery stores

  • 26 % Say it's walkable to restaurants

  • 12 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Nancy Bussiere
    "My commute to work is under 15mins. I love the easy access to highways. There is public transportation available but I haven’t used it as of yet"
    0
    Flag
  • Ginavan1
    "Safe,beautiful and family oriented. Beach and hiking places nearby. Great schools and town and local sport leagues for the kids."
    0
    Flag
  • Ginavan1
    "Good schools . Neighbors are nice and welcoming. Good sense of community. Clean, safe and great outdoors."
    0
    Flag
  • Jv4450
    "I’m just trying my luck with this and it doesn’t look too great for the job and the way the company looks I just have no confidence "
    0
    Flag
  • Trulia User
    "I’ve lived here for 30 years. Home prices continue to go up with the NYC families inching this way causing taxes to get out of control. "
    1
    Flag
  • Diana
    "I see people walking dogs but there is no dog park like in neighboring towns. However, there are many walking trails that you can take your leashed dog to walk in."
    4
    Flag
  • Elizabeth L.
    "Great neighborhood. Great schools. Beautiful town. Great library. Great beaches. New England vibe. Shoreline East train takes you to new Haven with direct connection to NYC. "
    2
    Flag
  • Cassidy W.
    "Great place. Been here for 23 years, wouldn’t change a thing. Very small town. Not a lot of commercial business in Madison, close by in Guilford, very local business oriented. "
    1
    Flag
  • Diana
    "People seem friendly enough but aren’t nosy neighbors. I think it would be fairly easy for young families to socially connect."
    2
    Flag
  • Jcimino5
    "Nice community with good school system and organized sports teams. Nice beach and walking trails. Can get a bit crowded in the summer."
    2
    Flag
  • Mike H.
    "A wonderful seaside community. Colonial New England meets the beach. Great Resaurant’s and small businesses. "
    0
    Flag
  • Junedday1
    "I've lived in this neighborhood for 9 years and love it. Great neighbors, quite, well-maintained and very safe."
    3
    Flag
  • Bob B
    "Great community. Families partipate in local activities. Safe town. Beautiful town beach properties. Great local shopping and restaurants. School system is top notch and lots of state parks close by. It’s really a picture perfect town. Lived in Madison for 42 years "
    0
    Flag
  • Robuess
    "Its the best town in America hands down. We love the local restaurants and can ride our bikes to the beach. Friendly locals who will stop and ask if you need help. Very fortunate to have lived here for 40 years!!"
    0
    Flag
  • Joy J.
    "great area to live. Good neighbors, good food. beautiful backyards. Good for animals and nature.?I would definitely suggest living here"
    0
    Flag
  • Pamelajbrown1234
    "Almost everyone has a dog, we take them everywhere. There is a dog park in town. People walk their dogs all over town and down at Hammonasette State Park. Dogs mostly seem very well trained and socialized"
    7
    Flag
  • Nicole L.
    "There is a real sense of community and people actually care about each other here. Schools are excellent and our beaches make it feel like you're always on vacation. "
    0
    Flag
  • Mike H.
    "I’ve lived here since 1990 and love it! There’s everything here, from great dining and great bookstore, coffee shops and terrific local cinema!"
    0
    Flag
  • David F.
    "Great for young families!"
    0
    Flag
  • Robert S.
    "We have lived in Madison for 15 years. This is a great neighborhood with only 12 houses. It is quiet and private as well as being a friendly and considerate group of folks. Mix of retierees and families with close proximity to many local amenities."
    0
    Flag

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$710K
$53.67KMoM
Sale-to-List Price
101.6%
0.9%MoM
Price per sq ft
$334
$7MoM
Available listings
63
8MoM

Home Value

Trulia Estimate
$767K
Since last month
Increased$105K (+15.9%)
Since last year
Increased$122K (+18.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +96% in the last 10 years
MonthEstimated value
2026
August 2026$767K
August 2026$761K
July 2026$662K
June 2026$667K
May 2026$665K
April 2026$631K
March 2026$639K
February 2026$607K
January 2026$611K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
31 Stanton Court, Madison, CT
0.42
Single-Family Home
$1,356,000
10/30/25
4
2.5
3,569
178 West Main Street, Clinton, CT
0.69
Single-Family Home
$980,000
03/18/26
3
2.5
1,949
79 Acorn Road, Madison, CT
0.75
Single-Family Home
$645,000
05/27/26
3
2.5
2,352
12 Stanton Court, Madison, CT
0.48
Single-Family Home
$1,360,000
10/27/25
4
3.5
5,219
9 Madrina Lane, Madison, CT
0.56
Single-Family Home
$530,000
10/17/25
3
2
2,159
166 Bishop Lane, Madison, CT
0.89
Single-Family Home
$900,000
11/14/25
3
3
2,968
111 Acorn Road, Madison, CT
0.87
Single-Family Home
$920,000
06/16/26
3
2.5
2,642
40 Hull Road, Madison, CT
0.96
Single-Family Home
$825,000
05/14/26
4
3
3,462
6 First Street, Madison, CT
0.45
Single-Family Home
$255,000
06/01/26
2
1
612
238 Scotland Road, Madison, CT
0.83
Single-Family Home
$725,000
08/14/26
5
4
3,224

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
River Road, Madison, CT 06443
0.05
$2,500,000
-
-
-
Recently Sold
14 Todds Mill Circle, Madison, CT 06443
0.15
$534,000
2
2
1,544
Off Market
13 Deveron Drive, Madison, CT 06443
0.17
$989,600
3
2.5
3,523
Off Market
42 Mill Road, Madison, CT 06443
0.19
$674,700
2
3
2,421
Off Market
7 Downing Way #7, Madison, CT 06443
0.22
$613,500
2
2.5
1,853
Off Market
5 Edinburgh Lane, Madison, CT 06443
0.18
$990,300
3
3.5
2,448
Off Market
24 Kingsbridge Way #24, Madison, CT 06443
0.20
$686,900
3
2.5
2,538
Off Market
49 Cottage Road #3, Madison, CT 06443
0.24
$165,000
1
1
320
Recently Sold
11 Downing Way #11, Madison, CT 06443
0.25
$696,400
2
2
1,476
Off Market
1 Downing Way #1, Madison, CT 06443
0.26
$625,000
2
2
1,476
Recently Sold
49 Cottage Road APT 16, Madison, CT 06443
0.26
$211,900
1
1
320
Off Market

Price and Tax history

DateEventPrice
Sep 1, 2026
Source: Smart MLS #24192754
Listed For Sale
$5,000,000

LGBTQ Local Legal Protections

Judy Dannemann, William Raveis Real Estate, (203) 675-8944
Agent Phone: (203) 675-8944
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 118 River Road

  • What is the estimated monthly payment for 118 River Road?
    Based on a $5,000,000 list price with 20% down at today's rates, the estimated monthly payment for 118 River Road in Madison, CT is approximately $35,348 (about $26,398 principal & interest, $8,875 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 118 River Road compare to homes in Madison?
    118 River Road in Madison, CT is listed at $5,000,000, about 605% above the $710K median sale price in Madison.
  • What do residents say about Madison?
    Residents describe Madison, CT as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Madison, CT.
  • What are the closest schools to 118 River Road?
    The closest schools to 118 River Road in Madison, CT are Daniel Hand High School (rated 10/10), Dr. Robert H. Brown Middle School (Elementary, rated 9/10), J. Milton Jeffrey Elementary School (rated 10/10).
  • Does 118 River Road have air conditioning?
    Yes, 118 River Road in Madison, CT has air conditioning.
  • Does 118 River Road have laundry facilities?
    Yes, 118 River Road in Madison, CT has in-unit laundry.
118 River Road, Madison, CT 06443 is a 3 bedroom, 3 bathroom, 3,109 sqft single-family home built in 1958. This property is currently available for sale and was listed by Smart MLS on Aug 26, 2026. The MLS # for this home is MLS# 24192754.