$1,600,000

8 Lieutenant River Ln Old Lyme, CT 06371

Estimated payment $9,176/month

Total Views 12,190
3 Beds
2.5 Baths
2,215 Sq Ft
$722 Price per Sq Ft

Highlights

  • Waterfront
  • Colonial Architecture
  • 1 Fireplace
  • Mile Creek School Rated A
  • Attic
  • 3-minute walk to DEEP Marine Headquarters - Ferry Landing Park

About This Home

Welcome to 8 Lieutenant River Lane, an exquisitely renovated colonial in the heart of Old Lyme Village, where timeless charm meets contemporary luxury. This meticulously updated home showcases a stunning high-end kitchen designed for both daily living and gracious entertaining. The cozy living room, anchored by a wood-burning fireplace, creates an inviting atmosphere for intimate gatherings or quiet evenings at home. Adjacent, the warm and inviting library features custom built-in bookshelves with elegant under-lighting, flowing effortlessly through French doors to the beautifully crafted stone patio, a perfect place for outdoor dining and relaxation amid the lush, professionally maintained grounds. On the second level, spacious bedrooms provide tranquil havens, complemented by luxurious bathrooms that serve as private spa retreats. The full basement offers abundant storage, while the detached garage completes the practical amenities of this Village gem. This exceptional property masterfully blends historic character with modern sophistication, offering refined living in Old Lyme's most sought-after location. Enjoy the unparalleled lifestyle Old Lyme offers, with the historic Old Lyme Inn, the Connecticut Audubon Society, the renowned Florence Griswold Museum, and the celebrated Old Lyme Art Association all within close proximity.

Listing Agent

Tammy Tinnerello

William Pitt Sotheby's Int'l Brokerage Phone: (860) 867-6120 License #RES.0801830 Listed on: 10/03/2025

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,425

Year Built

  • Built in 1926

Lot Details

  • 9,148 Sq Ft Lot
  • Waterfront
  • Property is zoned R-15

Home Design

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

Interior Spaces

  • 2,215 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Private Driveway

Outdoor Features

  • Covered Deck
  • Patio

Location

  • Property is near a golf course

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

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

Community Details

  • The Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1553214

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,425

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Neighborhood: Ferry Road
  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 2215
  • Total Sq Ft: 2215
  • Year Built: 1926
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Lake, Library, Medical Facilities, Paddle Tennis, Park
  • Remarks Public Addendum: COMPREHENSIVE RENOVATION BY H.P. BROOM HOUSEWRIGHT STRUCTURAL & SYSTEMS: Complete renovation includes new roof, gutters, and leaders on house and garage. New HVAC system with central air conditioning replaced original radiators. Electrical system fully upgraded with new wiring throughout. New Peerless oil boiler, water heater, and basement dehumidifier system installed. Crawl space sealed with Neutocrete. Complete plumbing system replacement with upgraded pipes. New 550-foot deep well with water filtration system. ADT security system installed. INTERIOR FINISHES: Hardwood floors professionally restored and new flooring installed in library (with radiant heat), primary bedroom/bath, and guest bathroom. All walls and ceilings replastered, primed, and painted. Original 1926 wood trim and molding replaced and restored throughout. Fireplace fully rebuilt and restored. Custom window treatments throughout featuring imported French fabrics. WINDOWS & DOORS: New Marvin windows throughout. Custom solid mahogany front door with handmade copper Scofield wall sconces. New French doors opening to bluestone patio. KITCHEN & BATHS: Gourmet kitchen features Thermador appliances, quartz countertops, and restored wood floors. New powder room off kitchen. Primary bath completely renovated with walk-in shower and custom wood vanity with halo mirror. Guest bath fully renovated with restored original tub. BEDROOMS & STORAGE: Three bedrooms renovated with new hardwood floors and enlarged, lighted closets. Convenient second-floor laundry room added. Library features custom wood bookcases throughout with hidden lighting. EXTERIOR: Cedar clapboard siding restored and approximately 40% replaced. House and garage primed and painted. New driveway installed with original bluestone walkways restored. Professional landscaping with new trees and custom cedar fencing. New bluestone patio.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS friendly.
  • Street Type: Lane
  • Office Attribution Contact: (860) 434-2400
  • Reserve Prospect: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Appliances: Gas Range, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Sidewalk, Covered Deck, Patio
  • Exterior Siding: Clapboard, Cedar
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private, Crushed Stone
  • Total Parking Spaces: 3
  • Garage And Parking: Detached Garage, Driveway

Utilities

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

Lot Info

  • Acres: 0.21
  • Lot Description: Treed Level Lot Professionally Landscaped Water View
  • Zoning: R-15
  • Parcel #: 1553214

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 9425

MLS Schools

  • Elementary School: Mile Creek
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Map

Range of Values:

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Value Increase
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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 $9,425 $580,700 $209,000 $371,700
2024 $8,320 $341,000 $127,700 $213,300
2023 $7,732 $329,000 $127,700 $201,300
2022 $7,732 $329,000 $127,700 $201,300
2021 $7,666 $329,000 $127,700 $201,300
2020 $7,633 $329,000 $127,700 $201,300
2019 $8,794 $392,400 $191,600 $200,800
2018 $8,597 $392,400 $191,600 $200,800
2017 $8,535 $392,400 $191,600 $200,800
2016 $8,319 $392,400 $191,600 $200,800
2015 $8,091 $392,400 $191,600 $200,800
2014 $6,848 $348,300 $175,600 $172,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 For Sale $1,600,000 +88.2% $722 / Sq Ft
05/23/2023 05/23/23 Sold $850,000 +0.1% $317 / Sq Ft View Prior Sale
04/21/2023 04/21/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $849,000 -- $317 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $850,000 None Available
Deed $850,000 None Available
Deed $342,500 --
Warranty Deed $342,500 --
Deed $342,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,050 Purchase Money Mortgage
Source: Public Records

Source: SmartMLS

MLS Number: 24117818

SmartMLS

APN: OLYM-000055-000000-000006