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Good evening. Welcome to 14 Lake Drive, Old Lyme, CT

$439,000
2
Beds
1.00
Baths
1,172
SqFt
0.52
Acres

Pricing Insight: Originally listed for $439,000, the price has remained unchanged for approximately 28 days. This property has been on the market for approximately 28 days. MLS reports 25 Days on Market (DOM) before it went under contract.

14 Lake Drive, Old Lyme, CT is a 2-bed, 1-bath, 1,172 square foot home built in 1958 , featuring ranch architecture. This home is part of a homeowners association, with dues of $170 paid annually. The HOA fee includes: club house and lake/beach access.

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

MLS #: 24170970

Offered Price: $439,000

Residence Type: Single Family

Architectural Style: Ranch

Living Area: 1,172 Sq. Ft.

Lot Size: 0.52 Acres

Neighborhood: Rogers Lake

County: New London

Year Built: 1958

Design & Construction: Frame

Heating: Hot Air

Cooling: Split System

Garage Spaces: 0

Price per Sq Ft as listed: $375

Estimated Tax: $3,491

Days on Market: 25

$295,000
3 Beds · 2 Baths · 1,050 Sq Ft
29 Moss Point Trail, Old Lyme

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: Split System

Hot Water System: Electric, Tank Size Unknown

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $375 / Sq. Ft.

Tax assessed value: $215,100

Estimated Tax: $3,491

Architectural Style: Ranch

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1958

Living Area: 1,172 Sq. Ft.

Lot Size: 0.52 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: 43
Average Price: $941,284
Average DOM: 25 days

Complimentary CMAs, no obligation

Rare opportunity in the Rogers Lake West Shores Association-this half acre double lot is a true standout for the area. This light-filled 2 bedroom(den can be used as 3rd bedroom), 1 full bath home has been thoughtfully updated and offers comfortable year-round living with water views directly across the street and lake access for kayaking, paddleboarding, and recreation just a short distance away. Recent improvements include a newer roof (approx. 2.5 years old), updated kitchen, appliances and recently added mini-split systems in the bedrooms, living room and kitchen for efficient heating and cooling. The property includes three sheds, two outdoor decks, and a fire pit area with a view-ideal for entertaining or relaxing. Strong short-term rental history makes it an attractive option for both personal use and investment. With its oversized lot, there is potential for expansion and possible subdivision (please conduct your own due diligence with the town). Some exterior improvements will further enhance value. Located along the Connecticut shoreline near Long Island Sound, Old Lyme is a charming shoreline town with highly rated schools, easy access to beaches, scenic hiking trails, and Coffee's Country Market-a local favorite just a short walk away. A unique offering in a desirable lake community-don't miss this opportunity.

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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 • 0.5 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.

43

Homes For Sale

$941,284

Average List Price

Mechanicals & Utilities: Hot Air • Oil • Split System • Private Well water

Exterior Features

Exterior Construction: Wood

Roof Type: Asphalt Shingle

Foundation: Concrete

Garage: Off Street Parking,Unpaved

Parking: 4 Total

Patio/Deck: Covered Deck

Utilities: Water: Private Well

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

Agent Photo
George Antonopoulos
Real Estate Advisor
Old Lyme • Connecticut Shoreline
Licensed Real Estate Agent – Connecticut
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 Verified Motif Advisor
Good evening George, I'm interested in
14 Lake Drive, Old Lyme, Connecticut
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George Antonopoulos
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800-555-0001
Presented by motif • Source: MLS • Listed by: Martha Quaratella • Coldwell Banker Realty • MLS# 24170970