$589,900
UNDER CONTRACT $40K PRICE DROP

157 -1 Mile Creek Rd Old Lyme, CT 06371

Estimated payment $3,815/month

Total Views 31,119
3 Beds
2 Baths
1,224 Sq Ft
$482 Price per Sq Ft

Highlights

  • Barn
  • Stables
  • 5.63 Acre Lot
  • Mile Creek School Rated A
  • Waterfront
  • Ranch Style House

About This Home

Old Lyme Horse Property! What an opportunity here at 157-1 Mile Creek Road - one of Old Lyme's favorite scenic country roads! Check out those pics & VR Tour!! Almost 6 acres of rolling & cleared land accessed by a long private driveway with a private pond! This is a true Gentleman's Ranch complete with a HUGE barn to house animals in the stalls, equipment - you name it! The space above the barn is a great dividend - think home office, or for your extra guests! 3 beds & 2 baths in the Main residence that was remodeled, complete with a huge walk out basement. SS appliances in the kitchen with a timeless butcher-block breakfast bar/serving space. Sliders out to the covered deck right off the kitchen to eat, or just enjoy the outdoors in peace. An additional accessory Colonial structure w/ over 2,300sf of space to get creative with! It is fully gutted, but done cleanly and appropriately for an easy future fresh start - new roof in March 2024. Don't miss this chance at privacy & peace with the opportunity to create a personalized retreat. Old Lyme is located 2 hours from NYC & Boston, and the train station is only 7 miles away! Minutes from marinas, parks, hiking trails, beaches & the village.

Listing Agent

Joe Loguidice

William Raveis Real Estate License #RES.0817661 Listed on: 06/04/2025

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,511

Year Built

  • Built in 1977

Lot Details

  • 5.63 Acre Lot
  • Waterfront
  • Stone Wall
  • Garden
  • Property is zoned RU40

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Covered Deck
  • Shed

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Barn
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 1551133

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,511

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Neighborhood: Mile Creek
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1224
  • Total Sq Ft: 1224
  • Year Built: 1977
  • New Construction: No/Resale
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Cross Lane to Mile Creek. Home has white entrance fence; long gravel driveway.
  • In Law Apartment: No
  • Street Type: Road
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Interior Access, Concrete Floor, Full With Walk-Out
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 157
  • Other SqFt Description: Per Street Card

Exterior Features

  • Exterior Features: Shed, Barn, Garden Area, Stable, Covered Deck, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Upright Tank
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 5.63
  • Lot Description: Secluded Lightly Wooded Farm Land Cleared Rolling
  • Flood Zone: No
  • Zoning: RU40
  • Property Info: Horse Property
  • Parcel #: 1551133

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 7511
  • Total Assessed Value: 462800
  • Mil Rate Total: 16.23

MLS Schools

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

Map

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
08/10/2025 08/10/25 Price Changed $589,900 -3.3% $482 / Sq Ft
07/29/2025 07/29/25 Price Changed $609,900 -3.2% $498 / Sq Ft
06/04/2025 06/04/25 For Sale $629,900 -- $515 / Sq Ft
Source: SmartMLS

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Source: SmartMLS

MLS Number: 24101621

SmartMLS