$1,125,000
$125K PRICE DROP

Estimated payment $6,641/month

Total Views 28,460
2 Beds
1.5 Baths
2,794 Sq Ft
$403 Price per Sq Ft

Highlights

  • Waterfront
  • Attic
  • Central Air
  • East Lyme Middle School Rated A-
  • 1 Fireplace

About This Home

This is a rare opportunity to own a unique property in the heart of Niantic Village on Main Street, featuring both panoramic water views and on-site parking. The nearly 3000 sq ft building offers numerous possibilities. Currently, it operates as a retail store in front with an attached apartment in back, however, it can easily be transformed into a single large retail space, professional office, restaurant, or single-family home. Additionally, there is an option to build additional floors and maintain a mixed-use approach. There are 7 parking spaces in front of the store and room in back for several more. It is the first time in 30 years this property has been for sale, so don't miss your chance to be part of the recent revitalization of Main Street! (This is also listed under commercial MLS24054479)

Listing Agent

Anne Thurlow

Coldwell Banker Realty License #RES.0798941 Listed on: 05/23/2025

Coldwell Banker Realty

Co-Listing Agent

Annie Kaye Nowak

Coldwell Banker Realty License #RES.0759456

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,113

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront
  • Property is zoned CB

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 2,794 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Pull Down Stairs to Attic
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Niantic Center Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1467668

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,113

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 2794
  • Total Sq Ft: 2794
  • Year Built: 1950
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: None
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Siding: Shingle
  • Foundation Type: Slab
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Central Air, Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.23
  • Lot Description: Level Lot Water View
  • Zoning: CB
  • Parcel #: 1467668

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 8113

MLS Schools

  • Elementary School: Niantic Center
  • Middle Jr High School: East Lyme
  • High School: East 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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,113 $289,660 $141,750 $147,910
2024 $7,633 $289,660 $141,750 $147,910
2023 $7,207 $289,660 $141,750 $147,910
2022 $6,905 $289,660 $141,750 $147,910
2021 $6,869 $240,940 $106,400 $134,540
2020 $6,833 $240,940 $106,400 $134,540
2019 $6,792 $240,940 $106,400 $134,540
2018 $6,590 $240,940 $106,400 $134,540
2017 $6,303 $240,940 $106,400 $134,540
2016 $5,668 $223,510 $92,400 $131,110
2015 $5,523 $223,510 $92,400 $131,110
2014 $5,371 $223,510 $92,400 $131,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Price Changed $1,125,000 -10.0% $403 / Sq Ft
06/06/2025 06/06/25 For Sale $1,250,000 -- $447 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $141,571 Commercial
Previous Owner $138,750 Commercial
Source: Public Records

Source: SmartMLS

MLS Number: 24097538

SmartMLS

APN: ELYM-001201-000083