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Waterfront Cape-Style Home
For Sale
$1,400,000
Pending

55 Island Ave, Madison, CT 06443

Cape-style home on a private 1.02-acre shoreline lot with four bedrooms, three full baths, and a two-car garage.

Property Size3,046 SF
Lot Size1.02 Acres
Days on Market59

Property Features for 55 Island Ave

General Information

Standard status Pending
Size 3,046 SF
Lot size 1.02 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $19,685

Amenities

terrace
fireplace
sunroom
2 car garage

Building Details

Year Built 1972
Construction Cape
Listing Agency: William Pitt Sotheby's Int'l
Listed By: Phoebe Finch
Source: Davejonesrealty
Added: Jun 11 Changed: Aug 8 Last Checked: Jun 12 at 1:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Pitt Sotheby's Int'l

Investment Insights

Based on property information with market context.

This Cape-style waterfront home, custom-built and preserved since 1972, offers 4 bedrooms and 3 full bathrooms across approximately 3,046 square feet. Formal spaces include a living room with original hardwood floors and sliders to a terrace. A wood-paneled family room features a fireplace and access to the 2-car garage, and the home also includes a dining room and a kitchen with a casual eating area. Additional highlights are a sunroom overlooking the grounds and a practical floor plan that places two bedrooms and two full baths on the main level, with the option to combine them to create a larger first-floor primary suite. Upstairs, a spacious landing leads to a large bath with double sinks, a generous guest bedroom, and an expansive fourth bedroom that can function as an additional bedroom suite, office, studio, or recreation space.

The property is set on a private lot with an island address and easy access off Cambridge, with the setting described as close to town, the Green, and the beach.

The home is noted as dated but in exceptional condition, with hardwood flooring prepared for refinishing following removal of shag rugs.

Key Highlights

  • Cape‑style home built in 1972 with 3,046 SF of living space
  • Set on a private 1.02‑acre lot with an island address and easy access off Cambridge
  • 4 bedrooms and 3 full baths, including two bedrooms and two full baths on the main level

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Building Supply Electrical Service Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby

Demographics for 06443, CT

17,713
Population
8,020
Households
2.2
Avg Household Size
51
Median Age
72%
College-Educated
99%
High-School Grad
36.2 sq mi
ZIP Area
489
Density / Sq Mi
$168,341
Median Household Income
$75,313
Median Earnings
$2,046
Median Rent
$534,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Cape-style home on a private 1.02-acre shoreline lot with four bedrooms, three full baths, and a two-car garage.
Where is this residential land & home lot located?
The property is located at 55 Island Ave Madison, CT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Cape‑style home built in 1972 with 3,046 SF of living space; Set on a private 1.02‑acre lot with an island address and easy access off Cambridge; 4 bedrooms and 3 full baths, including two bedrooms and two full baths on the main level
More about this property
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