31 Old Colony
Old Lyme, CT 06371
- 6 beds
- 2 baths
- 2,242 sqft
- 4,792 sqft lot
- $311 per sqft
- 1920 build
- – on site
Discover this captivating and spacious beach cottage, perfectly positioned in the highly sought-after Old Colony beach community-just one block from a pristine private beach on a dead end corner lot. This exceptional two-family property offers six generously sized bedrooms, two full baths, and two half baths, making it an idyllic retreat for hosting unforgettable gatherings or securing a lucrative vacation rental investment. A charming attached apartment provides additional privacy and flexibility, whether for extended family, visiting guests, or a valuable rental opportunity. Investors, take notice! This seasonal haven features an inviting outdoor deck designed for effortless entertaining, an outdoor shower for refreshing post-beach rinses, and the promise of new sewers enhancing convenience and long-term value. Don't miss this rare opportunity to own a piece of coastal paradise-where summer memories are made and seaside living is at its finest!
Last checked:
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Last updated Mar 27, 2025
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MLS# 24081408 —
The Building
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Year Built:1920
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Colonial
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Roof Information:Asphalt Shingle
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Attic:No
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Exterior Siding:Vinyl Siding
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Foundation Type:Block, Piling
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Basement Description:None
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SqFt Total:2242
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SqFt Est Heated Above Grade:2242
Room Dimensions
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Living Area SqFt Per Public Record:2242
Location
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Directions:Rt. 156 south to Old Colony Beach Rd.
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Neighborhood:Old Colony Beach
The Property
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Parcel Number:1555106
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Property Type:Single Family For Sale
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Zoning:R-10
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Acres:0.11
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Acres Source:Public Records
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Lot Description:Corner Lot, Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (860) 388-3411
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:6237
Beds
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Beds Total:6
Baths
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Total Baths:2
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Half Baths:2
The Listing
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:No Heat
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Cooling System:None
Utilities
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Water Source:Public Water Connected
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Sewage System:Cesspool
Appliances
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Appliances Included:Oven/Range, Refrigerator
Schools
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Elementary School:Mile Creek
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High School:Lyme-Old Lyme
The Community
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Nearby Amenities:Golf Course, Paddle Tennis, Playground/Tot Lot
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Walk to Water, Beach Rights, Water Community, Seasonal
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Association Fee Includes:Lake/Beach Access
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Home Owner's Assocation:1
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HOA Fee Amount:850
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HOA Fee Frequency:Annually
Parking
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Garage & Parking:None
Monthly cost estimate

Asking price
$699,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,742
|
Taxes | N/A |
Insurance | $192 |
HOA fees | $71 |
Utilities | $444 See report |
Total | $4,449/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/26/25
Mar 26, 2025
|
Listed / Active | SMART_MLS | $699,000 | |
3/25/25
Mar 25, 2025
|
Coming Soon | SMART_MLS | $699,000 | 118.4% (8.3% / YR) |
1/4/11
Jan 4, 2011
|
SMART_MLS | $320,000 |