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Good evening. Welcome to 60 Lyme Street, Old Lyme, CT

$1,199,000
3
Beds
3.00
Baths
3,113
SqFt
1.11
Acres

Pricing Insight: Originally listed for $1,199,000, the price has remained unchanged for approximately 60 days. This property has been on the market for approximately 60 days.

60 Lyme Street, Old Lyme, CT is a 3-bed, 3-bath, 3,113 square foot home built in 1875 , featuring antique architecture. This home is part of a homeowners association, with dues of $300 paid annually. The HOA fee includes: insurance and taxes.

This home is within the Old Lyme school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24164057

Offered Price: $1,199,000

Residence Type: Single Family

Architectural Style: Antique

Living Area: 3,113 Sq. Ft.

Lot Size: 1.11 Acres

Neighborhood: N/A

County: New London

Year Built: 1875

Design & Construction: Frame

Heating: Hot Air

Cooling: Central Air

Garage Spaces: 1

Price per Sq Ft as listed: $385

Estimated Tax: $10,452

Days on Market: 60

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Oil

Fuel Type: Hot Air

Fuel Tank Location: In Basement

Cooling System: Central Air

Hot Water System: Electric, Domestic

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $385 / Sq. Ft.

Tax assessed value: $644,000

Estimated Tax: $10,452

Architectural Style: Antique

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1875

Living Area: 3,113 Sq. Ft.

Lot Size: 1.11 Acres

Fuel: Oil

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AUTOMATED VALUATION ESTIMATE

Powered by Realtors Property Resource® (RPR)

Note: Computer-generated estimate, not an appraisal.

Understanding This Valuation

The RPR AVM considers:

  • Recent sales of comparable properties
  • Property characteristics and location
  • Market trends in Old Lyme
  • Statistical modeling algorithms
Local Market Context
Active Listings: 45
Average Price: $934,093
Average DOM: 60 days

Complimentary CMAs, no obligation

A Rare Mixed Use Offering with River Access in the Heart of Old Lyme Village. Set in the center of Old Lyme Village, this storied 1897 landmark, originally the James Bugbee Store offers a compelling opportunity to reimagine a historic property as a refined live/work compound or gallery driven residence. The flexible zoning allows for both residential and commercial use, making it particularly well suited for those seeking a seamless integration of business, creativity, and home. Positioned on an expansive parcel within the desirable Turtle Fields Association, the property includes shared dock access to the Lieutenant River, an exceptional amenity that brings the water directly into daily life and elevates the overall experience of the setting. The grounds are a defining feature, with three separate barns, a storage structure, and a generous yard creating a rare framework for a thoughtfully designed compound. Whether envisioned as a primary residence paired with a studio or gallery, a boutique workspace with private living quarters, or a creative retreat, the configuration supports both lifestyle and function. Inside the structure reflects its late 19th century origins, offering scale, character, and an open layout ready for purposeful transformation. Just moments from the Village's cultural landmarks, including the Florence Griswold Museum, Old Lyme Inn, the Cooley Gallery, and the Lyme Academy of Fine Arts, all in a setting long embraced by artists and collectors.

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features
Location Analysis:
Water features noted
Water Proximity:
Near water body
Topography:
Standard terrain • 1.1 acres
Water Indicators Found:
  • Water-related features referenced in listing details
Recommendations:
  • Professional flood assessment advised
  • Based on identified water-related indicators, flood insurance may warrant consideration
  • Consult FEMA Flood Maps for zone verification
  • Evaluate drainage systems
  • Review local flood history
Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

  • Dining & Café Access: Low to Moderate
  • Daily Services: Limited
  • Recreational Space: Limited Nearby
How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

  • Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
  • Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

45

Homes For Sale

$934,093

Average List Price

Mechanicals & Utilities: Hot Air • Oil • Central Air • Private Well water

Exterior Features

Exterior Construction: Clapboard,Vinyl Siding

Roof Type: Asphalt Shingle,Gable

Foundation: Concrete,Stone

Driveway: Circular,Asphalt

Garage: Barn,Detached Garage,Paved,Driveway (1 car)

Parking: 8 Total

Patio/Deck: Shed,Barn,Deck,Stone Wall,French Doors

Utilities: Water: Private Well

Outbuildings: Shed,Barn,Deck,Stone Wall,French Doors

Only motif connects you to a certified
"Local Market Expert"

Agent Photo
Steve Simos
Real Estate Advisor
Old Lyme • Connecticut Shoreline
Licensed Real Estate Agent – Connecticut
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 Verified Motif Advisor
Good evening Steve, I'm interested in
60 Lyme Street, Old Lyme, Connecticut
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Steve Simos
george@appzentric.com
800-555-0003
Presented by motif • Source: MLS • Listed by: Tammy Tinnerello • William Pitt Sotheby's Int'l • MLS# 24164057