55 Otter Cove Dr Old Saybrook, CT 06475
5
Beds
4
Baths
4,792
Sq Ft
2.4
Acres
Highlights
- Heated In Ground Pool
- 2.4 Acre Lot
- Deck
- Kathleen E. Goodwin School Rated A-
- Open Floorplan
- Attic
About This Home
As of May 2025Welcome to 55 Otter Cove Dr, a charming New England residence that offers an unparalleled multi-generational living experience in the prestigious Otter Cove Estates. This exquisite home, located in a serene community with private beach access to the Connecticut River, is more than just a house-it's a lifestyle. Property Features: 5 Beds, 4 Baths, 4,792 SqFt on 2.4 Acres with Water Views of the CT River, private beach access, in-ground heated pool/spa, and full in-law/au pair apartment. Step through the carved wood entry doors and admire the high-quality construction and attention to detail. The spacious open floor plan features an expansive living room with a marble gas fireplace and cozy window seat, elegant dining room for hosting gatherings, and gourmet kitchen equipped with commercial-grade appliances, custom cabinetry, and a Butler's pantry. The luxurious primary suite offers ample space and modern amenities, while the large in-law/au pair apartment is perfect for extended family or guests. The spacious backyard offers breathtaking Connecticut River views and features an in-ground heated pool and spa, perfect for relaxation and entertaining. The picturesque 2.4-acre lot provides ample space for outdoor activities, with peaceful tree-lined walks and private access to the CT River. This home is thoughtfully designed for multi-generational living, making it an ideal choice for creating lasting memories. Don't miss the opportunity to own this beautiful home.
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0806160 Listed on: 03/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,428
Year Built
- Built in 1979
Lot Details
- 2.4 Acre Lot
- Stone Wall
- Sprinkler System
- Garden
- Property is zoned AA-3
HOA Fees
- $46 Monthly HOA Fees
Home Design
- Split Level Home
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Ridge Vents on the Roof
- Shingle Siding
Interior Spaces
- 4,792 Sq Ft Home
- Open Floorplan
- 2 Fireplaces
- Thermal Windows
- Awning
- Entrance Foyer
- Smart Thermostat
Kitchen
- Built-In Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Attic
- Storage In Attic
- Pull Down Stairs to Attic
Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Basement Storage
Parking
- 2 Car Garage
- Parking Deck
- Automatic Garage Door Opener
- Driveway
Eco-Friendly Details
- Energy-Efficient Insulation
Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Deck
- Patio
- Rain Gutters
- Porch
Schools
- Kathleen E. Goodwin Elementary School
- Old Saybrook Middle School
- Old Saybrook High School
Utilities
- Central Air
- Heating System Uses Oil
- Programmable Thermostat
- Power Generator
- Private Company Owned Well
- Propane Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- Association fees include lake/beach access, grounds maintenance, road maintenance
Listing and Financial Details
- Exclusions: See Property Inclusions/Exclusions Rider
- Assessor Parcel Number 1029396
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2025
Closed on
May 16, 2025
Sold by
George M Demaria Ret and Demaria
Bought by
Stigliano John and Recko Donna
Seller's Agent
Kristina Demaria
Coldwell Banker Realty
Buyer's Agent
Mike Zelman
LPT Realty - IConn Team
List Price
$1,490,000
Sold Price
$1,460,000
Premium/Discount to List
-$30,000
-2.01%
Views
147
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,150
Avg. Annual Appreciation
-4.35%
Purchase Details
Closed on
Jul 12, 2022
Sold by
George M Demaria Ret
Bought by
Kristina L Demaria Ret
Purchase Details
Closed on
May 10, 2021
Sold by
Demaria George M
Bought by
George M Demaria Ret
Purchase Details
Listed on
Jun 1, 2016
Closed on
Oct 3, 2016
Sold by
Macdonald Kristine F
Bought by
Demaria George M
Seller's Agent
Tim Bray
Seaport Real Estate Services
Buyer's Agent
Gaye S. Barnett
Coldwell Banker Realty
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$665,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 20, 2011
Closed on
Apr 9, 2012
Sold by
Rose N Benak Revoc Lt and Benak Arnold E
Bought by
Macdonald Kristine F
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Tim Bray
Seaport Real Estate Services
List Price
$675,000
Sold Price
$465,000
Premium/Discount to List
-$210,000
-31.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.21%
Original Mortgage
$365,000
Interest Rate
3.95%
Purchase Details
Closed on
Jun 13, 2011
Sold by
Benak Arnold
Bought by
Benak Arnold
Similar Homes in Old Saybrook, CT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,460,000 | None Available | |
| Deed | $1,460,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $950,000 | -- | |
| Warranty Deed | $950,000 | -- | |
| Deed | $465,000 | -- | |
| Deed | $465,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $665,000 | Purchase Money Mortgage | |
| Previous Owner | $365,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $1,460,000 | -2.0% | $305 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $1,490,000 | +56.8% | $311 / Sq Ft |
| 10/03/2016 10/03/16 | Sold | $950,000 | -5.0% | $198 / Sq Ft |
| 08/04/2016 08/04/16 | Pending | -- | -- | -- |
| 06/01/2016 06/01/16 | For Sale | $1,000,000 | +115.1% | $209 / Sq Ft |
| 04/05/2012 04/05/12 | Sold | $465,000 | -31.1% | $99 / Sq Ft |
| 03/07/2012 03/07/12 | Pending | -- | -- | -- |
| 05/20/2011 05/20/11 | For Sale | $675,000 | -- | $144 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $12,884 | $831,200 | $231,300 | $599,900 |
| 2024 | $12,564 | $826,600 | $231,300 | $595,300 |
| 2023 | $11,172 | $546,300 | $141,100 | $405,200 |
| 2022 | $10,970 | $546,300 | $141,100 | $405,200 |
| 2021 | $10,953 | $546,300 | $141,100 | $405,200 |
| 2020 | $10,953 | $546,300 | $141,100 | $405,200 |
| 2019 | $10,789 | $546,300 | $141,100 | $405,200 |
| 2018 | $10,045 | $512,500 | $141,100 | $371,400 |
| 2017 | $10,076 | $512,500 | $141,100 | $371,400 |
| 2016 | $9,871 | $512,500 | $141,100 | $371,400 |
| 2015 | $9,640 | $512,500 | $141,100 | $371,400 |
| 2014 | $9,481 | $512,500 | $141,100 | $371,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kristina Demaria
K
Seller's Agent in 2025
Kristina Demaria
Coldwell Banker Realty
(714) 215-6121
1 in this area
9 Total Sales
-
Mike Zelman
Buyer's Agent in 2025
Mike Zelman
LPT Realty - IConn Team
(860) 560-3081
1 in this area
56 Total Sales
-
Tim Bray
Seller's Agent in 2016
Tim Bray
Seaport Real Estate Services
(860) 912-7137
1 in this area
64 Total Sales
-
Byron Lazine
Seller Co-Listing Agent in 2016
Byron Lazine
William Raveis Real Estate
(860) 941-2755
2 in this area
31 Total Sales
-
Gaye S. Barnett
Buyer's Agent in 2016
Gaye S. Barnett
Coldwell Banker
(203) 213-0414
31 Total Sales
-
Mary Poola
Seller's Agent in 2012
Mary Poola
William Raveis Real Estate
(860) 625-1913
4 in this area
378 Total Sales
Map
Source: SmartMLS
MLS Number: 24077497
APN: OSAY-000063-000065-000005
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