85 Melba Street, Milford, CT 06460
Single Family For Sale
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About This Home
A rare opportunity to own a true "Waterfront Compound" in Milford featuring THREE legal dwellings in one lot with private beach access-offering immediate income potential and long-term redevelopment upside. Currently operated as short-term rentals with strong seasonal performance, this property is ideal for investors or buyers seeking to offset ownership costs. Set on a direct waterfront lot, the offering presents multiple paths: continue as an income-producing asset, create a multi-generational coastal retreat, or reimagine the site into a larger custom residence. The compound includes three separate structures totaling over 2,500 sq ft: a 1,100 sq ft waterfront home with 4 bedrooms, 2 baths, and an oversized patio overlooking the water; a 300 sq ft bungalow-style studio with potential to add a kitchen and bath; and a second 1,100 sq ft residence offering 3 bedrooms, 1.5 baths, and water views from the living room and primary bedroom. Ample on-site parking adds significant value-an uncommon feature for shoreline properties. Conceptual potential exists to redevelop while maintaining an additional dwelling. Buyers to perform their own research. Minutes to Milford's vibrant downtown, harbor, restaurants, and beaches.
Listed by Stephanie Ferreira (203) 520-2305 with BHGRE Gaetano Marra Homes (203) 627-8726
Listing Snapshot
| Price | $1,695,000 | Days on Our Site | 50 days |
| Property Tax | $12,751/yr | Style | Colonial,Other |
| Year Built | 1910 | Total Sq Ft | 2,398 |
| Lot Size | 0.12 acres | HOA Fees | N/A |
| Bedrooms | 4 | Full Bathrooms | 2 |
| Total Rooms | 11 | Half Baths | 0 |
Key Features
- Electric Cooktop
- Electric Range
- Oven/Range
- Microwave
- Refrigerator
- Dishwasher
- Washer
- Electric Dryer
- Deck
- L. I. Sound Frontage
- Beach
- Beach Rights
- Water Community
- View
- Commuter Bus
Structure & Parking
Systems & Utilities
Schools
Mortgage Calculator
Estimate only. Contact a lender for accurate figures.
Listing History
| Date | Event | Price |
|---|---|---|
| Apr 28, 2026 | Listed | $1,695,000 |
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Listing Agent
Stephanie Ferreira · (203) 520-2305
BHGRE Gaetano Marra Homes · (203) 627-8726
MLS# 24170749 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated May 3, 2026 12:40 AM UTC
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85 Melba Street, Milford CT, 06460
$1,695,000 • Active
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