Stephanie Rush
RE/MAX Legends
(959) 500-5485
233 Total Sales
14 in Montville
$245K - $593K Price Range
7 Silver Falls Rd Oakdale, CT 06370
Montville Area
5
Beds
4
Baths
3,386
Sq Ft
2.37
Acre Lot
Highlights
- Guest House
- Spa
- 2.37 Acre Lot
- Barn
- Waterfront
- Wood Burning Stove
About This Home
As of September 2026Rare 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
William Pitt Sotheby's Int'l Brokerage Phone: (860) 859-7610 License #RES.0784854 Listed on: 06/24/2026
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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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oakdale, CT
-
Stephanie Rush
-
Jason Pollard
Jason Pollard
Compass Connecticut, LLC
(959) 500-6498
124 Total Sales
1 in Montville
$299,900 Price
-
Melissa DiPiazza
Melissa DiPiazza
RE/MAX One
(914) 483-3631
209 Total Sales
13 in Montville
$240K - $488K Price Range
-
Amber Jones
Amber Jones
KW Legacy Partners
(860) 718-4957
66 Total Sales
1 in Montville
$335,500 Price
-
Monik Fontaine
Monik Fontaine
Berkshire Hathaway NE Prop.
(860) 300-2284
20 Total Sales
1 in Montville
$80,000 Price
-
Shawna Rohan
Shawna Rohan
eXp Realty
(860) 846-3760
167 Total Sales
1 in Montville
$331,000 Price
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
Agents Affiliated with this Home
-
Amanda Gaudette
Seller's Agent in 2026
Amanda Gaudette
William Pitt
(860) 859-7610
106 Total Sales
-
Alexis John
Buyer's Agent in 2026
Alexis John
RE/MAX
(401) 369-0060
79 Total Sales
Map
Source: SmartMLS
MLS Number: 24186470
APN: MONT-000001-000007-B000000
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