NOT LISTED FOR SALE

15 Academy Ln Old Lyme, CT 06371

4 Beds
4.5 Baths
6,956 Sq Ft
1.1 Acres

Last Sold October 08, 2020

Last sale price $1,300,000 $187 Per Sq Ft

248 Days on Market

Highlights

  • River Front
  • 1.1 Acre Lot
  • Attic
  • Mile Creek School Rated A
  • Colonial Architecture
  • 4-minute walk to DEEP Marine Headquarters - Ferry Landing Park

About This Home

As of October 2020

Distinctive waterfront residence with 165' frontage on the Lieutenant river. Originally built in 1931, it was then expanded and updated in 1993 by architect Paul B. Bailey. The first-floor offers a great flow for entertaining, with 3 large adjoining rooms with double pocket doors. There is also a cozy den off the foyer, and a private office with river views. The 2-story addition adds a sun-filled family room with wide water views, and a private master bedroom suite. The expanded chef's kitchen includes professional appliances and several work areas. An elevator services three floors. Upstairs, three additional bedrooms have private baths and one offers a balcony overlooking the river. There is also a second-floor office with built-in cabinetry overlooking the back yard. Stairs lead to the third-floor attic, with cedar closets. There is a workshop in the lower level as well as a heated workshop room in the garage. The home offers a unique waterfront lifestyle and peaceful privacy while being steps to the village of Old Lyme. The inviting stone terrace overlooks the lawn, stone walls, and a deep-water dock, providing boat access to the CT river. This is an ideal setting for entertaining and relaxing while reveling in natures beauty, including spectacular sunsets. It is also a great commuter location, near I-95, Rte 9, and a nearby train station, with a 2.5-hr ride to NY or Boston. The house includes a home warranty for peace of mind, and does not require flood insurance.

Last Agent to Sell the Property

Rose McWaid

William Raveis Real Estate License #RES.0769263 Listed on: 10/31/2019

William Raveis Real Estate

Last Buyer's Agent

Mariette Woolfson

William Pitt Sotheby's Int'l License #RES.0754218

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,826

Year Built

  • Built in 1931

Lot Details

  • 1.1 Acre Lot
  • River Front
  • Stone Wall
  • Property is zoned R15

Home Design

  • Colonial Architecture
  • Georgian Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • Elevator
  • 2 Fireplaces
  • Sitting Room
  • Workshop
  • Concrete Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Home Security System

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Easy To Use Faucet Levers

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Accessible Home Design

  • Bathroom has a 60 inch turning radius
  • Accessible Bathroom
  • Grab Bar In Bathroom
  • Halls are 36 inches wide or more
  • Hard or Low Nap Flooring

Outdoor Features

  • Balcony
  • Terrace
  • Rain Gutters

Schools

  • Lyme-Old Lyme High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,826

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial, Georgian Colonial
  • Sq Ft Est Heated Above Grade: 4514
  • Public Record Living Room Sq Ft: 4514
  • Sq Ft Est Heated Below Grade: 2442
  • Total Sq Ft: 6956
  • Year Built: 1931
  • Handicap Features: 32" Minimum Door Widths, 60" Turning Radius, Accessible Bath, Bath Grab Bars, Hallways 36+ Inches Wide, Hard/Low Nap Floors, Lever Faucets
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Inland-Wetland Restrictions
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 8640
  • Tax Year Updated Dt: 07/20/2020
  • Directions: I-95 South to exit 70, left on Lyme St to Academy Lane. Or I95 North to exit 70, right on 156, left on Ferry Rd, 1st left on Lt river Ln, 1st left on Academy Lane.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Elevator, Security System
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Icemaker, Dishwasher, Disposal
  • Additional Rooms: Laundry Room, Sitting Room, Workshop
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Balcony, Gutters, Stone Wall, Terrace
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, River, Dock or Mooring, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Circular, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Steam, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 1.1000
  • Lot Description: Fence - Wood
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R15

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 16826
  • Total Assessed Value: 725260
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1553369

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $1,300,000 -13.0% $187 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $1,495,000 -3.5% $215 / Sq Ft
11/14/2019 11/14/19 For Sale $1,550,000 -- $223 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rose McWaid

    Seller's Agent in 2020

    Rose McWaid

    William Raveis Real Estate

    (860) 573-0667

    6 in this area

    67 Total Sales

    Rose McWaid
    Section Image
  • Mariette Woolfson

    Buyer's Agent in 2020

    Mariette Woolfson

    William Pitt

    (860) 883-3667

    Section Image
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Map

Source: SmartMLS

MLS Number: 170249669

SmartMLS

APN: OLYM 00258100

Connecticut New London County Old Lyme 06371

15 Academy Ln, Old Lyme, CT

This home is located at 15 Academy Ln, Old Lyme, CT 06371 since 31 October 2019. This property was built in 1931. 15 Academy Ln is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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 to be accurate and should be independently verified.

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