55 Cypress Rd Old Saybrook, CT 06475
Estimated payment $6,103/month
Highlights
- Waterfront
- Colonial Architecture
- Clubhouse
- Kathleen E. Goodwin School Rated A-
- Fruit Trees
- Deck
About This Home
Invest, Vacation, or Stay Forever - Knollwood Beach Gem! Perched above the salt marsh and just steps from Knollwood Beach, this 3BR/2.5BA home offers stunning views and year-round coastal living. Enjoy a BRAND NEW high-end eat-in kitchen with fireplace, two spacious living rooms (one could be converted to first floor primary suite), and a heated sunroom overlooking Beamon Creek's wildlife. Morning and sunset views over the salt marsh is what makes this home truly special. The upstairs primary suite features a walk-in closet and en-suite bath; all bedrooms have custom California Closets. The partially finished lower level is perfect for a gym, playroom, or office, with extra storage and laundry hookup. Outside, entertain on your deck, stroll or golf cart to the private beach, or launch your kayak from the backyard. Community amenities include a clubhouse, playground, tennis/pickleball courts, and weekly trash/recycling. Perfect for an investor, second-home owners, or year-round resident, with a proven short-term rental history. Academic and long-term rental options available. Video link attached to listing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,675
Year Built
- Built in 1978
Lot Details
- 0.51 Acre Lot
- Waterfront
- Fruit Trees
- Garden
HOA Fees
- $105 Monthly HOA Fees
Parking
- Parking Deck
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,916 Sq Ft Home
- 1 Fireplace
- Thermal Windows
- Heated Enclosed Porch
- Home Gym
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
Kitchen
- Built-In Oven
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Outdoor Features
- Deck
- Rain Gutters
Location
- Flood Zone Lot
- Property is near a golf course
Schools
- Kathleen E. Goodwin Elementary School
- Old Saybrook Middle School
- Old Saybrook High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Hot Water Circulator
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1023283
Community Details
Overview
- Association fees include club house, tennis, lake/beach access, trash pickup
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
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 |
|---|---|---|---|---|
| 2025 | $8,675 | $559,700 | $287,100 | $272,600 |
| 2024 | $8,507 | $559,700 | $287,100 | $272,600 |
| 2023 | $6,693 | $327,300 | $187,500 | $139,800 |
| 2022 | $6,572 | $327,300 | $187,500 | $139,800 |
| 2021 | $6,562 | $327,300 | $187,500 | $139,800 |
| 2020 | $6,562 | $327,300 | $187,500 | $139,800 |
| 2019 | $6,464 | $327,300 | $187,500 | $139,800 |
| 2018 | $7,127 | $363,600 | $195,600 | $168,000 |
| 2017 | $7,148 | $363,600 | $195,600 | $168,000 |
| 2016 | $7,003 | $363,600 | $195,600 | $168,000 |
| 2015 | $6,839 | $363,600 | $195,600 | $168,000 |
| 2014 | $6,727 | $363,600 | $195,600 | $168,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $995,000 | -5.2% | $519 / Sq Ft |
| 08/08/2025 08/08/25 | For Sale | $1,050,000 | 0.0% | $548 / Sq Ft |
| 07/17/2025 07/17/25 | Off Market | $1,050,000 | -- | -- |
| 06/20/2025 06/20/25 | For Sale | $1,050,000 | +127.0% | $548 / Sq Ft |
| 11/15/2018 11/15/18 | Sold | $462,500 | -3.4% | $241 / Sq Ft |
| 10/20/2018 10/20/18 | Pending | -- | -- | -- |
| 09/26/2018 09/26/18 | Price Changed | $479,000 | -3.7% | $250 / Sq Ft |
| 09/06/2018 09/06/18 | For Sale | $497,500 | +5.9% | $260 / Sq Ft |
| 12/29/2017 12/29/17 | Sold | $470,000 | -2.8% | $214 / Sq Ft |
| 12/13/2017 12/13/17 | Pending | -- | -- | -- |
| 10/01/2017 10/01/17 | Price Changed | $483,500 | -2.7% | $220 / Sq Ft |
| 09/09/2017 09/09/17 | For Sale | $497,000 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $462,500 | -- | |
| Deed | $470,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $497,000 | -- | |
| Warranty Deed | $360,000 | -- | |
| Warranty Deed | $325,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | Purchase Money Mortgage | |
| Previous Owner | $270,000 | Purchase Money Mortgage |
Source: SmartMLS
MLS Number: 24098088
APN: OSAY-000004-000034
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