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Beautifully renovated three-bedroom, two-bath ranch (1600+ square feet on one level) with an oversized two-car detached garage with enough room for a workshop and car lift. Set atop the Bailey Hill subdivision on a double lot, and a beautifully renovated kitchen with a breakfast bar, granite counters, new appliances, and a spacious pantry; a living room/dining room combination with a fireplace and a new slider to the paver patio; two bedrooms and a full bath on one side of the house with freshly stained hardwood floors; and a private primary suite with a full bath, tiled shower, walk-in closet, and new mini-split unit on the other. City water, city sewer, and a full basement that offers ample storage. Conveniently located within minutes of the Subase, Electric Boat, Thames River, and I-95.

  • Bedrooms
    3
  • Bathrooms
    2
  • Year Built
    1950
  • Architectural Style
    Ranch
  • Construction Materials
    Frame, Vinyl Siding
  • Foundation
    Concrete Perimeter
  • Garage Spaces
    2.0
  • Parking Features
    Driveway, Private
  • Living Area
    1622.0
  • Appliances
    Dishwasher, Electric Water Heater, Refrigerator, Range, Oven
  • Exterior Features
    Garden
  • Patio And Porch
    Patio
  • Cooling
    Window Unit(s)
  • Heating
    Forced Air, Electric, Oil
  • Basement
    Full, Unfinished

  • Acres
    1.28
  • Lot Features
    Level, Cul-De-Sac
  • View
    Water
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 86 Pegasus Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 86 Pegasus Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 86 Pegasus Dr?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $549,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Groton, and can even get you in to see the property quickly.

How do I get a virtual tour of 86 Pegasus Dr?

Yes! A virtual tour is available for 86 Pegasus Dr. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 86 Pegasus Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 86 Pegasus Dr at around $3,556. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 86 Pegasus Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in New London County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 86 Pegasus Dr?

In most cases, yes. Whether 86 Pegasus Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Groton's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 86 Pegasus Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Groton and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $549,900 with 1,622 sqft of space—that comes out to approximately $339 per square foot.

When was this house built?

This home was built in 1950, making it approximately 76 years old.

What is the lot size of this property?

86 Pegasus Dr sits on a 1.28-acre lot, which is 55,757 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Per Board of Ed
  • Middle: Groton Middle School
  • High: Fitch Senior

Want to see how these schools compare? Check out our New London County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 86 Pegasus Dr?

The most recent public record shows annual property taxes for 86 Pegasus Dr were approximately $5,120. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 86 Pegasus Dr still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS. Copyright 2026, SmartMLS. All rights reserved.

Last Updated: November 09, 2026 at 06:47AM | Source: SmartMLS | MLS#: 24216850