32 Cedar Lane
Montville, CT, 06382 $ 499,000
Bedrooms6 Baths3.0 Sq 2,654 Monthly Estimate*
$ 3,151
for $499,000 with 6 bedrooms and 3 full baths. This 2,654 square foot home was built in 1958 on a lot size of 0.44.
Rare dual-residence property featuring two separate ranch-style homes on one lot in the heart of Uncasville. Whether you're seeking intergenerational living, a private in-law arrangement, owner-occupied rental income, or a flexible investment opportunity, this unique property offers exceptional versatility. Nestled on a quiet dead-end street, the front residence offers approximately 1,000 square feet of main-level living with three bedrooms, one full bath, central air conditioning, a fireplace, and a whole-house generator. The finished lower level adds approximately 850 square feet of additional living space and features walk out access, a kitchen area, full bath, bedroom, and flexible living quarters ideal for extended family, guests, or potential supplemental income. The rear 2nd house residence functions as a completely independent home, featuring a living room, kitchen, bedroom, office/flex space, central air, private deck, attached two-car garage, and its own separate driveway entrance, providing privacy and separation between the two residences. Adding to the property's value and peace of mind, a newly installed 1,000-gallon septic system was professionally completed in May 2026. Separate driveways and recent landscaping improvements further enhance privacy, curb appeal, and functionality. Just minutes from Mohegan Sun, shopping, dining, entertainment, and major commuter routes. One property with two separate houses, offering an unprecedented opportunity for intergenerational living, a private in-law arrangement, owner-occupied rental income, or a flexible investment opportunity! This rare opportunity will give you the perfect chance to make some updates & personalize each home tailored to your personal goals!
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FeaturesGeneralZoning R20
Neighborhood Uncasville
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.44
Directions GPS Friendly
High School Per Board of Ed
City Montville
Elementary School Per Board of Ed
Sq Ft Total 2654
DOM 107
Year Built 1958
Style Units on different Floors Units are Side-by-Side
Year Built Source Public Records
Handicap Features Multiple Entries/Exits
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InteriorCooling System Central Air
Total Number of Units 3
Total Rooms 12
Basement Description Full Full With Walk-Out
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ExteriorWater Source Private Well
Lot Description Sloping Lot On Cul-De-Sac
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* Excluded FeaturesList ByMaria PhillipsListing Agent
William Raveis Real EstateBroker
maria.phillips@raveis.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,151
- Monthly Property Taxes
- $584
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Montville, CT
Average List Price $499,000
Percent of Sale Price 0%
About Montville, CT 19,406 Population
5% Since 2002
$ 71,700 Median Income
42.46 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $499,000 | -8.44% | Price Down |
| 6/8/2026 | $545,000 | -1.80% | Price Down |
| 4/15/2026 | $555,000 | 0.91% | Price Up |
| 3/11/2026 | $550,000 | | Listed Price |