Last Sold Price
4 beds1,190 sqft$55/sqft
48 Lake St, Norwich, CT 06360

Description

Investors take note! Ripe with potential just minutes from downtown, Norwich. 48 Lake Street is conveniently located near the heart of historic Downtown Norwich, just minutes from Backus Hospital, and a short drive to both Mohegan Sun and Foxwoods casinos. Bring your toolbox and your vision to this blank canvas, ready for someone to give it a fresh remodel. Norwich is actively investing in its future through the revitalization of its waterfront, led by the Norwich Community Development Corporation...Investors take note! Ripe with potential just minutes from downtown, Norwich. 48 Lake Street is conveniently located near the heart of historic Downtown Norwich, just minutes from Backus Hospital, and a short drive to both Mohegan Sun and Foxwoods casinos. Bring your toolbox and your vision to this blank canvas, ready for someone to give it a fresh remodel. Norwich is actively investing in its future through the revitalization of its waterfront, led by the Norwich Community Development Corporation (NCDC), creating new opportunities for business, culture, and community growth. With its central location, ongoing economic development efforts, and strong vision for the future, Norwich is quickly becoming one of Connecticut's most promising places to invest-making now the perfect time to get in early! Don't wait!
LISTING CLOSED: 01/27/2026 12:00 AM

Listing Agent

  1. Marie Thomas

    Marie Thomas

    Listing Agent

    Coldwell Banker Realty

    P: (860) 313-0700

    M: (860) 941-2980

Property Details for 48 Lake Street

Status
MLS #
24124755
Days on Market
39
Taxes
$3,768 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential
Year Built
1870
Lot Size
0.04 AC / 1,742 SF
Basement Description
None
Direct Waterfront
No
Neighborhood
N/A
Style
Other
Swimming Pool
No

Recent comparable sales

Median sold price

$221,000

Avg days on market

32

Sale-to-list ratio

101.1%

Norwich, CT

9 comparable properties found

1

$160,000

Sold 09/03/24

4
Bedrooms
1
Bathrooms
1,206
Square Feet
0.11
Acres
a view of a back yard of the house
2

$65,000

Sold 04/17/26

3
Bedrooms
1,227
Square Feet
0.25
Acres
$270,000 | 300 Central Avenue, Norwich, CT 06360
3

$270,000

Sold 08/29/25

4
Bedrooms
1,022
Square Feet
0.09
Acres
$332,000 | 67 Canterbury Turnpike, Norwich, CT 06360
4

$332,000

Sold 07/08/25

4
Bedrooms
1,332
Square Feet
1.26
Acres
$307,500 | 122 Newton Street, Norwich, CT 06360
5

$307,500

Sold 05/15/26

4
Bedrooms
1,414
Square Feet
0.23
Acres
a front view of a house with garden
6

$260,000

Sold 05/27/26

4
Bedrooms
1,235
Square Feet
0.12
Acres
7

$90,000

Sold 10/27/25

3
Bedrooms
1
Bathrooms
1,123
Square Feet
0.07
Acres
$165,000 | 9 Reynolds Street, Norwich, CT 06360
1/42
8

$165,000

Sold 10/29/25

3
Bedrooms
1,254
Square Feet
0.06
Acres
$221,000 | 45 Perkins Avenue, Norwich, CT 06360
9

$221,000

Sold 08/08/25

4
Bedrooms
1,564
Square Feet
0.09
Acres

Location

Listing Courtesy of Coldwell Banker Realty, Marie Thomas

Sold By Unrepresented Buyer, Unrepresent Buyer/Tenant

Add your commute

Building Information for 48 Lake Street

Stories-Year Built1870Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$644 per month

30 year fixed, 6.55% Interest

Principal and Interest

$330

Property Taxes

$314

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 48 Lake Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Located off Broad Street - Norwich CT
  • Elementary School: John M. Moriarty
  • High School: Norwich Free Academy
  • Latitude: 41.53143
  • Longitude: -72.071752
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $3,768
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Appliances Included: None
  • Cooling System: None
  • Heat Type: None
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 6
Room 1
  • Room Entry Order: 1
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Entry Order: 2
  • Room Level: Main
  • Room Type: Kitchen
Room 3
  • Room Entry Order: 3
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 4
  • Room Entry Order: 4
  • Room Level: Upper
  • Room Type: Bedroom
Room 5
  • Listing Key: 3E25B20283A83BCEE063E201100A236D
  • Room Entry Order: 5
  • Room Level: Upper
  • Room Type: Bedroom
Room 6
  • Room Entry Order: 6
  • Room Level: Upper
  • Room Type: Bedroom
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Wood, Other
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Other
  • Year Built: 1870
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 1190
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 2412053
  • Sq Ft Est Heated Above Grade: 1190.0
  • Sq Ft Total: 1190.0
  • Zoning: MF
Utilities
  • Hot Water Description: No Hot Water
  • Sewage System: Public Sewer In Street
  • Water Source: Public Water Connected, Public Water In Street
Multi Family
Income and Expenses
  • Occupied By: Vacant

Property History for 48 Lake Street

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Closed (Public Record)

Public Record #1928060035

$65,000

+15.5% / yr

Jun 27, 2014

Closed (Public Record)

Public Record #419570327

$12,300

-22.0% / yr

Oct 6, 2005

Closed (Public Record)

Public Record #170566845

$108,000

+1.0% / yr

DateEvent & SourcePrice
01/23/2026

Closed (Public Record)

Public Record #1928060035

$65,000

+15.5% / yr

06/27/2014

Closed (Public Record)

Public Record #419570327

$12,300

-22.0% / yr

10/06/2005

Closed (Public Record)

Public Record #170566845

$108,000

+1.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Lake Street

Taxable ValueLand$18,400Additions$74,700Total$93,100
Tax Record2025$3,768 ($314 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,190 SqFtAbove Grade Finished SqFt1,190 SqFtUnfinished Basement SqFt595 SqFtStories2Lot Size1,742 SqFtStyleSingle Family ResidenceYear Built1870Year Renovated1870ZoningMFCountySOUTHEASTERN CONNECTICUTAPNNWCH M:93 B:6 L:7

Schools near 48 Lake Street

This home is within Norwich School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - K to 5
Public - K to 5
Rating
School
Distance
John M. Moriarty School
PublicPK to 5

Kelly Middle School
Public6 to 8

Aba Autism Program
PublicK to 5

Special Needs Program
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 48 Lake Street, Norwich, CT 06360
$65,000
4
1,190
1,742
$179,000
4
1,388
3,484
$54,000
4
1,586
1,742
$65,000
2,769
3,049
$75,000
1,408
1,742
$42,800
4
1,604
3,049

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty, Marie Thomas

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.