$785,000
SOLD SEP 4, 2026

7 Silver Falls Rd Oakdale, CT 06370

Montville Area
5 Beds
4 Baths
3,386 Sq Ft
2.37 Acre Lot

Sale Details

Date Sold: September 4, 2026

$232 Per Sq Ft

5% Below List Price

64 Days on Market

Highlights

  • Guest House
  • Spa
  • 2.37 Acre Lot
  • Barn
  • Waterfront
  • Wood Burning Stove

About This Home

As of September 2026

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.

Last Agent to Sell the Property

Amanda Gaudette

William Pitt Sotheby's Int'l Brokerage Phone: (860) 859-7610 License #RES.0784854 Listed on: 06/24/2026

William Pitt Sotheby's Int'l

Last Buyer's Agent

Alexis John

RE/MAX One License #REB.0795697

RE/MAX One

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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

  • Active Solar Heating System
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,680

Year Built

Built in 1900

Lot Details

2.37 Acres

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 3386
  • Total Sq Ft: 3386
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Public Pool, Public Transportation, Tennis Courts
  • Remarks Public Addendum: This property is not in a Flood Zone. The driveway to the cottage is a right-of-way over 59 Silver Falls Rd, Montville.
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt. 161 to Silver Falls Rd. Not to be confused with Silver Falls Rd Montville
  • Financing Used: Conventional Fixed
  • Street Type: Road
  • Office Attribution Contact: (860) 536-5900
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Attic Description: Crawl Space, Access Via Hatch
  • Basement Description: Full, Full With Hatchway
  • Laundry Room Location: Main house has 3 hookups. Cottage has 1
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Barn, Gutters, Guest House, Hot Tub, Stone Wall, Patio
  • Exterior Siding: Shake, Cedar
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Brook Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Paved, Unpaved, Asphalt, Gravel
  • Total Parking Spaces: 10
  • Garage And Parking: Attached Garage, Paved, Driveway, Unpaved

Utilities

  • Cooling System: Ductless, Split System, Wall Unit
  • Heat Type: Baseboard, Heat Pump, Wood/Coal Stove
  • Heat Fuel Type: Electric, Oil, Wood
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Electric, Upright Tank
  • Water Source: Private Well
  • Sewer: Septic

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 2.37
  • Lot Description: Some Wetlands Level Lot
  • Flood Zone: No
  • Zoning: R40
  • Parcel #: 1472289

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2026-June 2027
  • Property Tax: 10680

MLS Schools

  • Elementary School: Flanders
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 1995
Sold by
Scott Wayne M and Scott Kathryn A
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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: Public Records

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
09/04/2026 09/04/26 Sold $785,000 -1.8% $232 / Sq Ft
08/30/2026 08/30/26 Pending -- -- --
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
Source: SmartMLS

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
Source: Public Records

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Map

Source: SmartMLS

MLS Number: 24186470

SmartMLS

APN: MONT-000001-000007-B000000

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