Chartered in 1877, New London has grown into one of the most important cities in the Northeast because of its location on the mouth of the Thames River. As a seaport city, New London has an integral role as a port of entry to the northeastern United States and is the site of one of the largest nuclear submarine bases in the nation.
Check out New London, CT homes for sale, and rent to own
Declining list prices! It's a buyer's market in New London, and many homes here have had significant price cuts. Not only is the median home price of properties listed only $170,000, but the median sales price is just $162,900. Look to a neighborhood around Pequot Ave. or Hawthorne Dr. for great deals.
Lots of foreclosures make now the time to buy! Another person's loss is your gain! Because a bank wants to recoup its losses quickly, many institutions will take an offer below the list price for a distressed property. With New London home to more than 1,000 foreclosures, the area is full of opportunities to buy a rent to own home in an area like Fort Trumbull or Bank Street.
An assortment of activities! Enjoy Broadway-level talent at an affordable price with a visit to the Garde Arts Center in downtown New London, or pay tribute to the city's illustrious seafaring history by visiting the Whaling Museum.
Enjoy the great outdoors! Because of New London's location on the water, the city is an outdoor enthusiast's dream. Start your outdoor adventure with a trip to the Ocean Beach Park. Not only has it been named the best sandy beach in Connecticut, but also it is home to an abundance of activities like volleyball and sailing. You can also head to the Fort Trumbull State Park to learn about to the city's contribution to the American Revolution while hiking challenging trails.
Delicious cuisine! Not surprisingly, New London is home to some of the best seafood in the state. For the freshest lobster in the region, head straight to Hamilton Street to Captain Scott's Lobster Dock. Order the New England style lobster roll to be treated to a hot dog bun stuffed high with sweet and savory lobster meat. Finish the meal with a slice of homemade pie from Sweetie's Bakery & Cafe.
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