5 Penny Lane

Closed 6/8/26
Closed 6/8/26
Gallery Image 1
Last Sold Price
$455,000
3 beds1,288 sqft$353/sqft
5 Penny Ln, New London, CT 06320

Description

A rare opportunity to own a fully renovated, move-in-ready coastal home where every major upgrade has already been completed. Set on a wide, sidewalk-lined street, this turnkey ranch showcases a brand-new roof, new central air system, and thoughtfully upgraded finishes from top to bottom-offering true peace of mind from day one. Perfectly positioned on a cul-de-sac just moments from the shoreline, Ocean Beach Park, and Mitchell College, this home delivers elevated coastal living with convenient nearby...A rare opportunity to own a fully renovated, move-in-ready coastal home where every major upgrade has already been completed. Set on a wide, sidewalk-lined street, this turnkey ranch showcases a brand-new roof, new central air system, and thoughtfully upgraded finishes from top to bottom-offering true peace of mind from day one. Perfectly positioned on a cul-de-sac just moments from the shoreline, Ocean Beach Park, and Mitchell College, this home delivers elevated coastal living with convenient nearby rail access to both Boston and New York City. Inside, the sunlight pours into the front windows of the home, with that golden, warm glow. A seamless open-concept design creates an effortless flow between the kitchen, dining, and living spaces, all enhanced by brand-new luxury vinyl flooring. The kitchen is both stylish and functional, featuring smoky quartz countertops, stainless steel appliances, a gas range, and a wine cooler, ideal for everyday living and entertaining alike. The home offers three well-appointed bedrooms and two full bathrooms, including a serene primary suite with a private bath finished in striking, high-end gold-flecked tile. Additional highlights include the high-end lighting fixtures, wood-burning fireplace, full laundry room and pantry, a full-length crawlspace providing excellent storage, room for a workshop in the garage, and more. Outdoors, enjoy a thoughtfully enhanced yard with a newly added shed and garden space.
LISTING CLOSED: 06/08/2026 12:00 AM

  1. Listed by Hanna Swanson • Real Broker CT, LLC
    P: (860) 316-8392 C: (860) 316-8392 hannaswansonctrealtor@gmail.com

Property Details for 5 Penny Lane

Status
Closed
MLS #
24166962
Days on Market
12
Taxes
$5,807 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential
Year Built
1986
Lot Size
0.17 AC / 7,405 SF
County
New London County
Basement Description
Crawl Space, Storage, Hatchway Access, Concrete Floor
Direct Waterfront
No
Expected Active Date
04-17-2026
Garages Number
2
Neighborhood
N/A
Style
Ranch
Garage Parking Info
Attached Garage, Paved, On Street Parking, Driveway
Swimming Pool
No
Expected On Market Date
04-17-2026
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Location

Listing Courtesy of Real Broker CT, LLC, Hanna Swanson

Sold By Real Broker CT, LLC, Kelsey Aldana

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Building Information for 5 Penny Lane

Stories-Year Built1986Building Size-Lot Size0.17 AC / 7,405 SF

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$2,797 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,313

Property Taxes

$484

HOA Dues

$0

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Property Information for 5 Penny Lane

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: From Garder or Lower Blvd turn onto Lester and the house is on the corner of Penny Lane
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.323244
  • Longitude: -72.096718
  • Neighborhood Amenities: Basketball Court, Medical Facilities, Playground/Tot Lot, Public Pool, Public Transportation
  • State: Connecticut
Parking
  • Parking Total Spaces: 2
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $5,807
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Shed, Gutters, Garden Area, Lighting
  • Waterfront Description: Walk to Water
Interior Features
  • Appliances Included: Gas Range, Oven/Range, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer, Wine Chiller
  • Attic Description: Crawl Space, Access Via Hatch
  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Water
  • Attic YN: Yes
  • Fireplaces Total: 1
  • Interior Features: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Laundry Room Location: laundry room in garage
  • Rooms Additional: Laundry Room
  • Rooms Total: 5
Room 1
  • Room Entry Order: 1
  • Room Features: Remodeled,Vaulted Ceiling,Combination Liv/Din Rm,Fireplace,Vinyl Floor
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Entry Order: 2
  • Room Features: Remodeled,Vaulted Ceiling,Breakfast Bar,Quartz Counters,Island,Vinyl Floor
  • Room Level: Main
  • Room Type: Eat-In Kitchen
Room 3
  • Room Entry Order: 3
  • Room Features: Vinyl Floor
  • Room Level: Main
  • Room Type: Bedroom
Room 4
  • Room Entry Order: 4
  • Room Features: Vinyl Floor
  • Room Level: Main
  • Room Type: Bedroom
Room 5
  • Listing Key: 4F62A1CD4AB3F8BCE063E201100ADCF6
  • Room Entry Order: 5
  • Room Features: Remodeled,Bedroom Suite,Ceiling Fan,Full Bath,Tile Floor,Vinyl Floor
  • Room Level: Main
  • Room Type: Primary BR Suite
Room 6
  • Room Entry Order: 6
  • Room Features: Remodeled,Full Bath,Tub w/Shower,Tile Floor
  • Room Level: Main
  • Room Type: Full Bath
Property
Property and Assessments
  • Construction Description: Frame
  • Driveway Type: Private, Paved
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1986
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • In Law Apartment: No
  • Living Area SQFT Per Public Records: 1288
Lot Information
  • Lot Description: Corner Lot, Dry, Level Lot, On Cul-De-Sac
  • Parcel Number: 1996805
  • Sq Ft Est Heated Above Grade: 1288.0
  • Sq Ft Total: 1288.0
  • Zoning: R-1
Utilities
  • Energy Features: Extra Insulation, Ridge Vents, Storm Doors, Thermopane Windows
  • Heat Fuel Type: Natural Gas, Wood
  • Hot Water Description: Natural Gas, 50 Gallon Tank
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Owner

Property History for 5 Penny Lane

DateEvent & SourcePriceAppreciation
May 26, 2026

Closed (Public Record)

Public Record #1943021782

$455,000

+3.6% / yr

Aug 2, 2005

Closed (Public Record)

Public Record #168293093

$220,000—
DateEvent & SourcePrice
05/26/2026

Closed (Public Record)

Public Record #1943021782

$455,000

+3.6% / yr

08/02/2005

Closed (Public Record)

Public Record #168293093

$220,000

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

Public Records for 5 Penny Lane

Taxable ValueLand$87,500Additions$126,000Total$213,500
Tax Record2025$5,807 ($484 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,288 SqFtAbove Grade Finished SqFt1,288 SqFtStories1Lot Size7,405 SqFtStyleSingle Family ResidenceYear Built1986Year Renovated1986ZoningR-1CountySOUTHEASTERN CONNECTICUTAPNNLON M:G23 B:0026 L:18.1-6

Schools near 5 Penny Lane

This home is within New London School District.
Rating
School
Type
Grades
Distance
Bennie Dover Jackson Middle School
Public - 5 to 8
New London High School
Public - 9 to 12
Science and Technology Magnet Pathway for Middle Grades
Public - 5 to 8
Winthrop STEM Elementary Magnet School
Public - PK to 5
Rating
School
Distance
Bennie Dover Jackson Middle School
Public5 to 8

New London High School
Public9 to 12

Science and Technology Magnet Pathway for Middle Grades
Public5 to 8

Winthrop STEM Elementary Magnet School
PublicPK 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: 5 Penny Lane, New London, CT 06320
$455,000
3
1,288
7,405
27 Lester Street, New London, CT 06320
$197,000
3
1,553
7,405
35 Lester Street, New London, CT 06320
$335,000
5
1,750
6,969
42 Lester Street, New London, CT 06320
$223,000
3
1,305
9,583
34 Lester Street, New London, CT 06320
$285,000
3
1,836
15,681
19 Penny Lane, New London, CT 06320
$265,900
3
1,436
18,730

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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 Real Broker CT, LLC, Hanna Swanson

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.