$1,395,000

60 Lyme St Old Lyme, CT 06371

Estimated payment $8,438/month

Total Views 25,345
3 Beds
3 Baths
3,113 Sq Ft
$448 Price per Sq Ft

Highlights

  • Barn
  • 1.11 Acre Lot
  • Deck
  • Mile Creek School Rated A
  • Colonial Architecture
  • Attic

About This Home

Discover the enchantment of this Historic Old Lyme property, an iconic landmark established in 1987. Nestled in the heart of Old Lyme Village, this landmark building offers a unique blend of nostalgic charm and modern potential, perfect for both commercial and residential aspirations. As part of the Turtle Fields Association, there is a shared dock leading out to the Lieutenant River. There are also 3 barns, storage shed and an expansive yard. Historical significance as the former James Bugbee store, a testament to Old Lyme's vibrant past, this versatile space can be used as commercial or residential, allowing for a truly unique living experience. This prime location in Old Lyme Village, offering a quaint, community-focused atmosphere within proximity to local attractions, including the Lyme Art Association, The Old Lyme Inn, The Flo Gris Museum and easy access to the scenic beauty of the Connecticut River and Long Island Sound. Architectural details that reflect its 1897 origins, provide character and a sense of timelessness. This property is an open canvas awaiting your vision. Whether you're looking to create a thriving business or craft a one-of-a-kind home, this is an opportunity to shape the future while honoring the legacy of Old Lyme's storied past.

Listing Agent

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830 Listed on: 04/16/2025

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,452

Year Built

  • Built in 1875

Lot Details

  • 1.11 Acre Lot
  • Stone Wall
  • Property is zoned R15

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 3,113 Sq Ft Home
  • French Doors
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • 1 Car Garage
  • Parking Deck
  • Circular Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Property is near a golf course
  • Barn

Community Details

  • Association fees include insurance, taxes

Listing and Financial Details

  • Assessor Parcel Number 1553408

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,452

Year Built

Built in 1875

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 3113
  • Total Sq Ft: 3113
  • Year Built: 1875
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Living Area Sq Ft Per Public Record: 3113
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Attic Description: Storage Space, Access Via Hatch
  • Basement Description: Full, Unfinished
  • Appliances: Electric Range, Microwave, Refrigerator
  • Attic: Yes
  • Street Number Modifier: 60

Exterior Features

  • Exterior Features: Shed, Barn, Deck, Stone Wall, French Doors
  • Exterior Siding: Clapboard, Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle Gable
  • Waterfront Description: Dock or Mooring View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Circular, Asphalt
  • Total Parking Spaces: 6
  • Garage And Parking: Barn, Detached Garage, Paved, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Insurance, Taxes
  • HOA Fees: 300
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.11
  • Lot Description: Fence - Partial Treed Level Lot Water View
  • Flood Zone: No
  • Zoning: R15
  • Parcel #: 1553408

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 10452
  • Total Assessed Value: 644000
  • Mil Rate Total: 16.23

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Map

Range of Values:

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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
2025 $10,452 $644,000 $235,600 $408,400
2024 $11,773 $482,500 $221,100 $261,400
2023 $11,339 $482,500 $221,100 $261,400
2022 $11,339 $482,500 $221,100 $261,400
2021 $11,242 $482,500 $221,100 $261,400
2020 $11,194 $482,500 $221,100 $261,400
2019 $9,197 $410,400 $193,500 $216,900
2018 $8,992 $410,400 $193,500 $216,900
2017 $8,926 $410,400 $193,500 $216,900
2016 $8,700 $410,400 $193,500 $216,900
2015 $8,462 $410,400 $193,500 $216,900
2014 $8,605 $437,700 $211,700 $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $1,395,000 -- $448 / Sq Ft
Source: SmartMLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $80,000 Commercial
Source: Public Records

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Source: SmartMLS

MLS Number: 24084603

SmartMLS

APN: OLYM-000057-000000-000064