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Falls Mill Condominiums

Falls Mill Condominiums

Falls Mill Condominiums
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

150 Yantic St
Norwich, CT 06360
124 Units
3 Stories
1980 Year Built
$118K - $257K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Indoor Pool
  • River Front
  • Outdoor Tennis Courts
  • Community Garden
  • Elevator
  • 4 min walk to Yantic Falls / Indian leap

Historic mill transformed into riverside condominiums

Falls Mill Condominiums, located in Central Norwich, is a unique residential complex that breathes new life into a piece of industrial history. Originally constructed as a textile mill in the 1800s, this 3-story building was repurposed into 124 condominium units in 1980. The red brick structure, with its industrial architectural style, sits along the picturesque Yantic River, offering residents a blend of historical charm and modern living. The building's location just below the majestic Indian Leap Falls provides a serene backdrop, making it a distinctive address in the area.

Loft-style living with exposed brick and chestnut beams

Falls Mill Condominiums offers a variety of living spaces, ranging from cozy 1-bedroom units to spacious 3-bedroom homes. The 1-bedroom units span from 593 to 1,151 square feet, featuring 1 to 2 bathrooms, with sale prices ranging from $125,000 to $133,000. For those seeking more space, 2-bedroom units range from 730 to 1,801 square feet, also with 1 to 2 bathrooms, and are priced between $182,000 and $219,000. The largest offerings are the 3-bedroom units, approximately 1,700 square feet in size with 3 bathrooms. Many units showcase the building's industrial heritage with exposed brick walls, large rectangular windows, and beautiful chestnut beams. Some feature soaring vaulted ceilings, creating an open and airy atmosphere. The loft-style interiors often include spiral staircases leading to upper-level bedrooms. Kitchens in many units have been updated with custom cabinetry, modern backsplashes, and stainless steel appliances. Select units offer breathtaking views of the Yantic Falls and river, providing a constant connection to nature. Monthly HOA fees range from $300 to $500, covering amenities such as tennis court maintenance, grounds upkeep, trash pickup, snow removal, water, sewer, pest control, pool service, and flood insurance.

Riverside recreation and indoor comforts

Falls Mill Condominiums offers an array of amenities that cater to both active lifestyles and relaxation. The seasonal indoor pool provides year-round swimming opportunities, while the tennis court and basketball court offer options for sports enthusiasts. The building's location on the Yantic River is maximized with a deck featuring ample seating, perfect for enjoying the waterfront views. Outdoor enthusiasts will appreciate the kayak storage rack with direct river launch access, allowing for easy exploration of the waterway. The property also features walking trails, a grilling area, and a fire pit, ideal for social gatherings or quiet evenings by the water. For convenience, the building is equipped with elevators and offers ample parking for residents and guests. Two laundry facilities are available on-site, providing modern and clean washing amenities. The property is managed by an on-site property manager, ensuring prompt attention to maintenance needs and building operations. Security is a priority, with controlled access to the building providing a safe environment for residents. While dogs are not permitted, the association does allow one cat per unit, making it a pet-friendly option for feline lovers.

Waterfall views and small-town charm in Central Norwich

Falls Mill Condominiums is situated in a unique pocket of Central Norwich, offering a blend of natural beauty and small-town convenience. The property's location provides residents with immediate access to one of the area's most stunning natural attractions, Uncas Leap at Yantic Falls. This picturesque waterfall not only offers a beautiful backdrop but also serves as a reminder of the area's rich history and natural heritage. For dining options, residents can explore local eateries like La Stella Pizzeria, known for its New York-style pies and cozy atmosphere with chandeliers, just a mile away. Those craving classic American fare can visit Friendly's, an informal chain serving signature ice cream treats alongside burgers and melts, located about two miles from the complex. Grocery shopping is convenient with several options nearby. Stop & Shop, a supermarket chain offering a wide range of groceries including organic options, is about a mile and a half away. For those seeking international flavors, S & A Market, an Asian grocery store, is within walking distance, approximately one mile from the condominiums. Outdoor enthusiasts will appreciate the proximity to the Norwich Recreation Department, offering various recreational programs and facilities. The Memorial Rose Gardens, about a mile and a half away, provide a serene spot for leisurely walks and enjoying nature's beauty. For everyday needs, residents can find a Dollar General within walking distance, offering a range of household goods and groceries. T.J. Maxx, located about two and a half miles away, provides options for brand-name apparel and home goods at discounted prices. The neighborhood also caters to families with children, with Samuel Huntington Elementary School situated about two and a half miles from the complex. For those seeking cultural enrichment, the Otis Library is approximately a mile away, offering a wealth of resources and community programs.

Bus routes and car-dependent living

Transportation in the area surrounding Falls Mill Condominiums primarily caters to car owners, with the neighborhood being largely car-dependent. However, there are some public transit options available for those who prefer not to drive or are looking for alternative transportation methods. The nearest bus stop is conveniently located about a 5-minute walk from the complex at Sachem St & Oneco St. This stop serves the Norwich To Norwich Business Park Via Backus Hospital route, providing access to key areas of the city, including the local hospital. For those looking to travel further, the Washington St & Sachem Rd (Nb) bus stop is about a 15-minute walk away. This stop serves two routes: W991 Willimantic-Norwich (Route 32) and W991 Willimantic-Norwich (Route 32) Trip 1, offering connections to neighboring communities. While public transit options exist, they are somewhat limited, and many residents find that owning a car provides the most flexibility for getting around the area. The condominium's ample parking facilities cater to this car-centric lifestyle, ensuring that residents always have a place to park their vehicles. For short trips, some areas of the neighborhood are accessible by foot, though the overall walkability is limited. Cycling is an option for some residents, but the area's infrastructure may not be ideal for regular bike commuting. Given the transportation landscape, most residents of Falls Mill Condominiums rely on personal vehicles for their daily commutes and errands. The property's location provides relatively easy access to local roads, facilitating travel to nearby amenities, workplaces, and surrounding areas of Norwich.

Building Details

Recreation

  • Outdoor Tennis Courts
  • Indoor Pool
  • Concrete Pool
  • Community Pool
  • Community Indoor Pool

Outdoor Features

  • River Front
  • Community Garden
  • Community Barbecue Grill
  • Picnic Area

Amenities

  • Water Views
  • Public Transportation
  • Recreation Room
  • Laundry Facilities
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Visitor Parking

Condo Association

  • $260 Monthly HOA Fees
  • Monthly HOA Fees Range from $260 - $391
  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management, pest control, flood insurance

Building Design

  • Mid-Rise Condominium
  • Elevator

Unit Information

Unit
123
151
163
240
Date
02/27/2025
05/03/2024
10/29/2024
01/24/2025
Beds
1 Bed
2 Beds
2 Beds
1 Bed
Baths
1 Bath
2 Baths
1 Bath
1 Bath
Sq Ft
806
921
905
1,010
Price
$130,000
$219,000
$210,000
$140,000
Price / Sq Ft
$161 / Sq Ft
$238 / Sq Ft
$232 / Sq Ft
$139 / Sq Ft

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
593 - 1,151
Est. Values
$118,270 - $180,998
2 Bedroom Units
Sq Ft Range
730 - 1,801
Est. Values
$152,394 - $226,782
3 Bedroom Units
Sq Ft Range
1,741
Est. Values
$256,625
All Units
Sq Ft Range
593 - 1,801
Est. Values
$118,270 - $256,625

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Somewhat Bikeable

Bike Score®

30 / 100

Car-Dependent

Walk Score®

36 / 100

Some Transit

Transit Score®

30 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

77 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$52K - $168K
Range of Taxes in Building
$1,994 - $6,425
Range of Taxes per Sq Ft
$2.21 - $5.98

Property Tax History

Source: Public Records

Building Website

Building Team

Property Management
Falls Mill Condominiums
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.