$560,000

Estimated payment $3,436/month

Total Views 542
2 Beds
2 Baths
1,536 Sq Ft
$365 Price per Sq Ft

Highlights

  • Very Popular Property
  • Waterfront
  • Deck
  • East Lyme Middle School Rated A-
  • 0.79 Acre Lot
  • Attic

About This Home

Lakefront living in a private two family with added potential of an additional building lot. There is a road for your exclusive direct lake access with a private dock. A private picnic and play area will create unforgettable memories with family and friends and is perfect for sunny afternoons and cozy evenings. Two separate living spaces ideal to live in one and rent out the other or turn it back into a single family. In-town convenience: enjoy the best of both worlds with a peaceful setting and town amenities: mile long boardwalk, great restaurants, a theater, town beaches on LI Sound. The Top floor unit has a deck off of the living area allowing you to enjoy the serene lake view. The lower unit is accessed by the private drive leading to the lake. There are plans already drawn should you decide to build on this .92 acre lot. Don't let this unparalleled chance slip away- an in-town lakeside lifestyle with the promise of growth awaits.

Last Listed By

Beth Brucker

William Pitt Sotheby's Int'l License #RES.0083055 Listed on: 05/29/2025

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,570

Year Built

  • Built in 1959

Lot Details

  • 0.79 Acre Lot
  • Waterfront
  • Garden

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Deck

Outdoor Features

  • Deck

Schools

  • East Lyme High School

Utilities

  • Baseboard Heating
  • Tankless Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1468516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,570

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1536
  • Total Sq Ft: 1536
  • Year Built: 1959
  • New Construction: No/Resale
  • Nearby Amenities: Lake, Library, Park
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Pennsylvania Ave between Smith St & Joanne. There is no street sign. gravel road north of Probate Ct building/ brown fence. House is directly at the end before turning. look for sign
  • Living Area Sq Ft Per Public Record: 768
  • Street Type: Circle
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: None
  • Laundry Room Location: enclosed in a closet in each unit
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 2
  • Other SqFt Description: each unit is 768 SF

Exterior Features

  • Exterior Features: Deck, Garden Area
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake Dock or Mooring View Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 4
  • Garage And Parking: None, Off Street Parking, Unpaved

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Upright Tank, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • High School: East Lyme

Lot Info

  • Acres: 0.79
  • Lot Description: Lightly Wooded Treed Water View Rolling
  • Zoning: R10
  • Parcel #: 1468516

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5570
  • Total Assessed Value: 211400
  • Mil Rate Total: 26.35

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: East Lyme

Map

Range of Values:

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Average Value
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Sold Price
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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
2024 $5,570 $211,400 $117,670 $93,730
2023 $5,260 $211,400 $117,670 $93,730
2022 $5,040 $211,400 $117,670 $93,730
2021 $5,047 $177,030 $111,790 $65,240
2020 $4,917 $173,390 $111,790 $61,600
2019 $4,888 $173,390 $111,790 $61,600
2018 $4,742 $173,390 $111,790 $61,600
2017 $4,536 $173,390 $111,790 $61,600
2016 $4,475 $176,470 $105,980 $70,490
2015 $4,361 $176,470 $105,980 $70,490
2014 -- $172,340 $105,980 $66,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $560,000 0.0% $365 / Sq Ft
02/03/2017 02/03/17 Rented $1,200 0.0% --
01/10/2017 01/10/17 For Rent $1,200 0.0% --
07/21/2015 07/21/15 Sold $255,000 -3.8% $166 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $265,000 -- $173 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Executors Deed $255,000 --
Executors Deed $255,000 --
Warranty Deed $255,000 --
Warranty Deed $255,000 --
Warranty Deed $85,000 --
Warranty Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,275 Purchase Money Mortgage
Previous Owner $86,275 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24097450

SmartMLS

APN: ELYM-001703-000016