7 Silver Falls Rd Oakdale, CT 06370
Montville AreaEstimated payment $5,280/month
Highlights
- Guest House
- Spa
- 2.37 Acre Lot
- Barn
- Waterfront
- Wood Burning Stove
About This Home
Rare income-producing multi-family opportunity or ideal multigenerational compound in East Lyme! Situated on a sprawling 2.37-acre retreat along scenic Latimer Brook, this unique property features two fully detached homes on one lot. A high-yielding, flexible setup that is virtually impossible to replicate today. Perfect for savvy investors, families seeking separate-but-close living, or owner-occupants looking to offset their mortgage, the estate includes a spacious 2,252 sq. ft. main house (4 BR, 3 BA, expanded in 2004) and a private, fully detached 1,134 sq. ft. ranch cottage (1 BR, 1 BA) completely renovated with an effective build year of 2018. Adding immense value is a massive, versatile outbuilding with a workshop and garage space, ideal for home businesses, hobbyists, or extra storage rental income. The park-like acreage offers ultimate privacy with established fruit trees and the soothing sounds of Silver Falls, all while remaining minutes from East Lyme's coastal amenities, major highways, and top-rated schools. Live in one and rent the other, house multiple generations with perfect privacy, or lease both for maximum cash flow. This unique multi-family asset delivers endless potential. This property is not in a Flood Zone. The driveway to the cottage is a right-of-way over 59 Silver Falls Rd, Montville.
Listing Agent
William Pitt Sotheby's Int'l Brokerage Phone: (860) 859-7610 License #RES.0784854 Listed on: 06/24/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,680
Year Built
- Built in 1900
Lot Details
- 2.37 Acre Lot
- Waterfront
- Stone Wall
Home Design
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Cedar Siding
- Shake Siding
Interior Spaces
- 3,386 Sq Ft Home
- Wood Burning Stove
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Parking
- 1 Car Garage
- Gravel Driveway
Outdoor Features
- Spa
- Patio
- Rain Gutters
Schools
- Flanders Elementary School
- East Lyme Middle School
- East Lyme High School
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Split Air Conditioning
- Heat Pump System
- Baseboard Heating
- Heating System Uses Oil
- Heating System Uses Wood
- Well
- Oil Water Heater
- Fuel Tank Located in Basement
Additional Features
- Heating system powered by active solar
- Guest House
- Property is near golf course and public transit
- Barn
Community Details
- 2 Units
- Public Transportation
Listing and Financial Details
- Assessor Parcel Number 1472289
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,665 | $196,210 | $44,660 | $151,550 |
| 2024 | $5,449 | $196,210 | $44,660 | $151,550 |
| 2023 | $5,449 | $196,210 | $44,660 | $151,550 |
| 2022 | $5,241 | $196,210 | $44,660 | $151,550 |
| 2021 | $1,491 | $157,130 | $41,880 | $115,250 |
| 2020 | $1,491 | $157,130 | $41,880 | $115,250 |
| 2019 | $5,108 | $157,130 | $41,880 | $115,250 |
| 2018 | $4,986 | $157,130 | $41,880 | $115,250 |
| 2017 | $4,981 | $157,130 | $41,880 | $115,250 |
| 2016 | $5,019 | $163,970 | $52,090 | $111,880 |
| 2015 | $5,019 | $163,970 | $52,090 | $111,880 |
| 2014 | $4,816 | $163,970 | $52,090 | $111,880 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/13/2026 07/13/26 | Price Changed | $799,500 | -3.1% | $236 / Sq Ft |
| 06/26/2026 06/26/26 | For Sale | $825,000 | -- | $244 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $95,000 | -- |
Source: SmartMLS
MLS Number: 24186470
APN: MONT-000001-000007-B000000
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.
- 180 Pruett Place
- 165 Pruett Place
- 16 Cardinal Rd
- 210 Butlertown Rd
- 5 Farm Meadow Rd
- 52 Walnut Hill Rd
- 61 Grassy Hill Rd
- 1216 Hartford Turnpike
- 15 Winston Rd
- 34 Village Dr
- 0 Holmes Rd
- 19 Holmes Rd
- 1114 E Lake Rd
- 20 Upper Kensington Dr
- 11-r Upper Kensington Dr
- 129 Chesterfield Rd
- 3 Beechwood Rd
- Lot #4 237 Upper Pattagansett Rd
- 51 Beechwood Rd
- 235A Upper Pattagansett Rd
- 6 Oak Ridge Rd
- 10 King Arthur Dr
- 908 Hartford Turnpike
- 1 Maple Tree Ln
- 6 Carolina Dr Unit 6
- 1 Lighthouse Ln
- 223 Flanders Rd Unit 8
- 229 Ct-163 Unit 4
- 229 Ct-163 Unit 2
- 19 Sunshine Rd
- 8 Oak Tree Ln
- 82 Jerome Rd
- 58 Norwich Rd
- 4 Harbor View Ave
- 303 Route 32 Turnpike Unit J
- 14 High St
- 433-443 Bayonet St
- 84 Hawthorne Dr N
- 8-127 Michael Rd
- 130 Norwood Ave Unit 2
Ask me questions while you tour the home.