$700,000
SOLD JUL 3, 2024

25 Hathaway Rd East Lyme, CT 06333

5 Beds
2 Baths
2,320 Sq Ft
17.1 Acres

Recently Sold

$302 Per Sq Ft

39% Below List Price

100 Days on Market

Highlights

  • Barn
  • Waterfront
  • Colonial Architecture
  • East Lyme Middle School Rated A-
  • 17.1 Acre Lot
  • Property is near public transit

About This Home

As of July 2024

Act quickly to seize a slice of history at 25 Hathaway Road, East Lyme - a rare equestrian estate proudly on the market for the first time, with its origins tracing back to a land grant from King George in Colonial America. This one-of-a-kind Colonial estate rests on a sprawling 17-acre plot, hugged by 130 acres of protected forests and ancient stone walls, offering unparalleled peace and solitude. With six bedrooms blending historical charm and modern luxuries, this residence showcases classic hardwood floors throughout sunny rooms, complemented by oil radiator heat and a propane-fueled automatic generator for uninterrupted comfort. The large eat-in kitchen, equipped with stainless steel appliances, and the formal dining room are designed for memorable gatherings. Practical needs are easily met with dedicated laundry, mudroom, and tool rooms. Step outside to experience pure tranquility by your private pond and dam brook, or ponder nature's beauty from your covered porch. Enhanced with fresh vinyl siding, new windows, and a solid roof, this estate is as enduring as its legacy.Set sail on Pattagansett Lake or enjoy the beaches of Long Island Sound, just a 5-minute jaunt away. With travel conveniences like the New London station 20 minutes away and central access to New York, Boston, Hartford, and New Haven, you'll be perfectly positioned for adventure or easy commuting.Claim this pastoral treasure at 25 Hathaway Road and become part of its grand history.This is an opportunit

Last Agent to Sell the Property

Jennifer Gurnell

William Raveis Real Estate License #RES.0002284 Listed on: 03/03/2024

William Raveis Real Estate

Last Buyer's Agent

Jennifer Gurnell

William Raveis Real Estate License #RES.0002284 Listed on: 03/03/2024

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,136

Year Built

  • Built in 1800

Lot Details

  • 17.1 Acre Lot
  • Waterfront
  • Stone Wall
  • Garden
  • Property is zoned R40

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,320 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic
  • Unfinished Attic

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • East Lyme High School

Utilities

  • Floor Furnace
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Covered Deck
  • Barn

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1471206

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,136

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2320
  • Total Sq Ft: 2320
  • Year Built: 1800
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities, Park, Private School(s), Public Rec Facilities, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: Picture this: an enchanting 17-acre colonial estate at 25 Hathaway Road, bestowed by King George in a bygone era, now beckons for a new steward. Its gates open to a world where time stands still among the ancient stone walls and lush forest canopies. This cherished East Lyme gem, cocooned in 130 acres of protected land, radiates the quiet calm of a secluded haven, stirring the hearts of those who yearn for romance and tranquility. As you traverse the final turn on the gentle country lane, the anticipation of what lies ahead thrills the soul. The majestic six-bedroom manor, rooted in the rich soil of America's early days, awaits your arrival. Within its walls, and rooms adorned with timeless hardwood floors whisper the echoes of history. Delight in the seamless blend of antiquity and modernity, where warmth envelopes you through the radiator-hot water system and an automatic propane generator stands guard against the elements, assuring uninterrupted comfort and conviviality.In its grand eat-in kitchen, modern stainless steel appliances stand ready for your culinary quests, while a stately dining room sets the scene for evenings of enchantment and elegant festivity. Amidst the practicality of a laundry room, a mudroom, and tool room, the function meets charm, serving up everyday ease with old-world flair. Step into the embrace of nature on a covered porch, where the scents and sounds of the nearby forest and a personal pond provide a symphony for the senses. Under the vigilant guard of a strong, newly-installed roof and surrounded by fresh vinyl siding, this estate promises years of guardianship against time's relentless march. Merely 20 minutes from the New London train station, the allure of the city is always within grasp, yet pleasantly held at arm's length, granting the best of both worlds. Your estate is a stone's throw from the metropolises of New York, Boston, Hartford, and New Haven, yet it remains a heartbeat away from the rural pursuits and equestrian adventures that make your spirit soar. This is not just a home; it's a legacy that calls for a passionate custodian. Few homes can rival the tapestry of allure, seclusion, and heritage that is 25 Hathaway Road. With the whispers of history beckoning and the rarity of its equestrian promise, the moment to claim this pastoral heaven is upon you. Will you be the one to write the next chapter.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: GPS
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 2320
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Unfinished, Floored, Walk-up
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Electric Cooktop, Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 25

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 17.1
  • Lot Description: Lightly Wooded Borders Open Space Level Lot Rolling Water View
  • Flood Zone: No
  • Zoning: R40
  • Property Info: Horse Property
  • Parcel #: 1471206

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6136
  • Total Assessed Value: 232880
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Jul 3, 2024
Sold by
Hathaway Stephen W Est and Cavanaugh
Bought by
25 Hathaway Rd Llc
Seller's Agent
Jennifer Gurnell
William Raveis Real Estate
Buyer's Agent
Jennifer Gurnell
William Raveis Real Estate
List Price
$1,150,000
Sold Price
$700,000
Premium/Discount to List
-$450,000
-39.13%
Views
115
Current Estimated Value
$691,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,027
Avg. Annual Appreciation
-2.51%

Purchase Details

Closed on
May 1, 2002
Sold by
Hathaway Anna H
Bought by
Cove Landing Assoc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $700,000 None Available
Executors Deed $700,000 None Available
Warranty Deed $495,000 --
Warranty Deed $495,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $700,000 -16.2% $302 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $835,000 -10.7% $360 / Sq Ft
05/16/2024 05/16/24 Price Changed $935,000 -5.1% $403 / Sq Ft
04/02/2024 04/02/24 Price Changed $985,000 -14.3% $425 / Sq Ft
03/15/2024 03/15/24 For Sale $1,150,000 -- $496 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

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 $6,136 $232,880 $110,940 $121,940
2023 $5,794 $232,880 $110,940 $121,940
2022 $5,552 $232,880 $110,940 $121,940
2021 $5,680 $199,220 $105,420 $93,800
2020 $5,650 $199,220 $105,420 $93,800
2019 $5,616 $199,220 $105,420 $93,800
2018 $5,449 $199,220 $105,420 $93,800
2017 $5,212 $199,220 $105,420 $93,800
2016 $4,942 $194,870 $99,950 $94,920
2015 $4,815 $194,870 $99,950 $94,920
2014 $4,683 $194,870 $99,950 $94,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24001158

SmartMLS

APN: ELYM-003500-000025