24 Lyme St Old Lyme, CT 06371
Estimated payment $7,708/month
Highlights
- Hot Property
- The property is located in a historic district
- 2 Fireplaces
- Mile Creek School Rated A
- Colonial Architecture
- 1-minute walk to DEEP Marine Headquarters - Ferry Landing Park
About This Home
Don't miss this rare opportunity to own two well-maintained historic buildings in the heart of the Old Lyme Historic District! 24 & 26 Lyme Street are being sold together, offering a unique chance to invest in a high-visibility location within this charming New England village. * 24 Lyme Street (built in 1800) features 1,824 sq. ft. of retail and office space, ideal for business use or potential redevelopment. * 26 Lyme Street (built in 1750) offers 1,560 sq. ft., including a beautifully designed one-bedroom apartment on the second floor with a touch of Manhattan elegance. This property also boasts a working chimney, an updated foundation (1988), new beams, and stunning oak floors-a seamless blend of historic charm and modern enhancements. Located on picturesque Lyme Street, these properties are surrounded by shops, restaurants, churches, and beaches, making them ideal for investment, personal use, or conversion back into residential units. Rent rolls and monthly operating costs are available upon request. Please note that the 2024 Grand List will be updated in May. The mil used in the MLS reflects 2023 data. We encourage you to schedule a private showing so we can coordinate accordingly with the retail tenants. Come take a tour, explore the possibilities, and enjoy the fresh ocean air!
Open House Schedule
-
Saturday, May 10, 20259:00 am to 12:00 pm5/10/2025 9:00:00 AM +00:005/10/2025 12:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,659
Year Built
- Built in 1800
Lot Details
- 9,148 Sq Ft Lot
- Property is zoned R-15
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 3,384 Sq Ft Home
- 2 Fireplaces
- Cooktop
Bedrooms and Bathrooms
- 1 Bedroom
Location
- The property is located in a historic district
Schools
- Mile Creek Elementary School
- Lyme-Old Lyme High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- Private Company Owned Well
- Hot Water Circulator
Listing and Financial Details
- Assessor Parcel Number 1553234
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,198 | $254,000 | $143,600 | $110,400 |
| 2023 | $5,969 | $254,000 | $143,600 | $110,400 |
| 2022 | $5,969 | $254,000 | $143,600 | $110,400 |
| 2021 | $5,918 | $254,000 | $143,600 | $110,400 |
| 2020 | $5,893 | $254,000 | $143,600 | $110,400 |
| 2019 | $5,078 | $226,600 | $125,700 | $100,900 |
| 2018 | $4,965 | $226,600 | $125,700 | $100,900 |
| 2017 | $4,929 | $226,600 | $125,700 | $100,900 |
| 2016 | $4,804 | $226,600 | $125,700 | $100,900 |
| 2015 | $4,672 | $226,600 | $125,700 | $100,900 |
| 2014 | $4,333 | $220,400 | $137,700 | $82,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | For Sale | $1,200,000 | -- | $355 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $640,000 | Commercial |
About the Listing Agent
Dedicated to serving the vibrant Connecticut real estate market, Logan Hayes, a Licensed Real Estate Salesperson, brings a unique perspective shaped by his background as a holistic critical care nurse. Prioritizing client needs above all else, he fosters trust and ensures a seamless experience for all involved. Committed to diligence, adaptation, and responsive market navigation, Logan stands by his promise to deliver excellence.
Inspired by his brother's success in Manhattan over the
Source: SmartMLS
MLS Number: 24083403
APN: OLYM-000055-000000-000026
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.