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Good evening. Welcome to 586 Thames Street, Norwich, CT

$529,000
3
Beds
4.00
Baths
1,952
SqFt
0.00
Acres

Pricing Insight: Originally listed for $549,000, the price was last adjusted to $529,000 on June 8, 2026, a –$20,000 (3.6%) change, approximately 0 days ago. This property has been on the market for approximately 52 days.

Unit 610 at 586 Thames Street, Norwich, CT is a 3-bed, 4-bath, 1,952 square foot home built in 2025 , featuring penthouse architecture. This residence is part of a 40-unit community. This home is part of a homeowners association, with dues of $1,050 paid monthly. The HOA fee includes: grounds maintenance, trash pickup, and snow removal. Community amenities include: elevator, exercise room/health club, and guest parking.

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

MLS #: 24167737

Offered Price: $529,000

Residence Type: Condo/Co-Op

Architectural Style: Penthouse

Living Area: 1,952 Sq. Ft.

Lot Size: 0.00 Acres

Neighborhood: Trading Cove

County: New London

Year Built: 2025

Design & Construction: Steel

Heating: Heat Pump

Cooling: Central Air,Ductless

Garage Spaces: 1

Price per Sq Ft as listed: $271

Estimated Tax: $9,472

Days on Market: 50

$459,000
4 Beds · 3 Baths · 3,590 Sq Ft
27 Trading Cove Drive, Norwich
$399,000
3 Beds · 1 Baths · 1,256 Sq Ft
13 Trading Cove Drive, Norwich
$385,000
3 Beds · 2 Baths · 1,632 Sq Ft
5 Thamesview Road, Norwich

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Electric

Fuel Type: Heat Pump

Fuel Tank Location: Not specified

Cooling System: Central Air, Ductless

Hot Water System: Electric, 50 Gallon Tank

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $271 / Sq. Ft.

Tax assessed value: $272,100

Estimated Tax: $9,472

Architectural Style: Penthouse

Design & Construction: Steel

Residence Type: Condo/Co-Op

Year Constructed: 2025

Living Area: 1,952 Sq. Ft.

Lot Size: 0.00 Acres

Fuel: Electric

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AUTOMATED VALUATION ESTIMATE

Powered by Realtors Property Resource® (RPR)

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 Norwich
  • Statistical modeling algorithms
Local Market Context
Active Listings: 114
Average Price: $286,660
Average DOM: 50 days

Complimentary CMAs, no obligation

Welcome to modern luxury living at 586 W Thames St, offering high-end finishes, water views, and unbeatable convenience to casinos, highways, and local amenities. This newly constructed residence features an open-concept layout with soaring ceilings, oversized windows, and abundant natural light throughout. The kitchen is thoughtfully designed with sleek cabinetry, quartz countertops, LG stainless steel appliances, and a quartz peninsula with seating-ideal for everyday living and casual entertaining. Herringbone-pattern luxury vinyl flooring runs throughout, adding warmth and durability, while the solid red oak staircase adds a timeless architectural touch. The living area opens to a private balcony, perfect for enjoying scenic river views. Upstairs, two bedrooms are positioned on opposite ends and connected by a unique Jack & Jill-style layout, offering separate private vanities and toilets for each bedroom with a shared shower-providing both privacy and functionality. Each bedroom includes two closets with motion-sensor lighting. The primary suite features a walk-in tiled shower with a rainfall shower head. Additional features include central air, in-unit laundry, elevator access, and dedicated parking. Ideally located just minutes to Mohegan Sun, Foxwoods, Norwich Inn & Spa, and major highways, with easy access to New London's train station and ferry for travel to NYC and beyond. Floor plans available upon request.

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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
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.

114

Homes For Sale

$286,660

Average List Price

Mechanicals & Utilities: Heat Pump • Electric • Central Air,Ductless • Public Water Connected water • 1 fireplaces

Exterior Features

Exterior Construction: Stone,Stucco

Garage: Parking Garage (1 car)

Patio/Deck: Balcony,Patio

Utilities: Water: Public Water Connected

Only motif connects you to a certified
"Local Market Expert"

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Steve Simos
Real Estate Advisor
Norwich • Connecticut Shoreline
Licensed Real Estate Agent – Connecticut
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(800) 555-0003
george@appzentric.com
Good evening Steve, I'm interested in
586 Thames Street, Norwich, Connecticut
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Steve Simos
george@appzentric.com
800-555-0003
Presented by motif • Source: MLS • Listed by: Brittany Howard • Berkshire Hathaway NE Prop. • MLS# 24167737

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