16 Flagler Avenue - Old Lyme, CT

$699,900

Beds

1.00

Baths

1,128

SqFt

0.21

Acres

Pricing Insight: Originally listed for $749,900, the price was last adjusted to $699,900 on July 23, 2026, a –$50,000 (6.7%) change, approximately 0 days ago. This property has been on the market for approximately 91 days. MLS reports 80 Days on Market (DOM) before it went under contract.

16 Flagler Avenue, Old Lyme, CT is a 3-bed, 1-bath, 1,128 square foot home built in 1953 , featuring ranch architecture. This home is part of a homeowners association, with dues of $750 paid annually. The HOA fee includes: lake/beach access, security service, and road maintenance. Community amenities include: basketball court, guest parking, and security services.

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

MLS #: 24168712

Offered Price: $699,900

Residence Type: Single Family

Architectural Style: Ranch

Living Area: 1,128 Sq. Ft.

Lot Size: 0.21 Acres

Neighborhood: Miami Beach

County: New London

Year Built: 1953

Design & Construction: Frame

Heating: Baseboard

Cooling: Central Air

Garage Spaces: 0

Price per Sq Ft as listed: $620

Estimated Tax: $6,324

Days on Market: 80

$499,000

2 Beds · 1 Baths · 872 Sq Ft

8 Biscayne Boulevard, Old Lyme

$2,350

2 Beds · 1 Baths · 964 Sq Ft

18 Clifton Street, Old Lyme

$495,000

3 Beds · 1 Baths · 816 Sq Ft

50 Biscayne Boulevard, Old Lyme

$649,900

2 Beds · 1 Baths · 960 Sq Ft

10 Hartford Avenue, Old Lyme

$320,000

2 Beds · 1 Baths · 714 Sq Ft

30 Hartford Avenue, Old Lyme

$699,000

3 Beds · 2 Baths · 1,608 Sq Ft

44 Hartford Avenue, Old Lyme

Home Automation: Lock(s), Thermostat(s)

Energy Features: Extra Insulation, Programmable Thermostat, Thermopane Windows

Solar Contract: Not specified

Heating Fuel: Electric

Fuel Type: Baseboard

Fuel Tank Location: Not specified

Cooling System: Central Air

Hot Water System: Electric, 40 Gallon Tank

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $620 / Sq. Ft.

Tax assessed value: $375,100

Estimated Tax: $6,324

Architectural Style: Ranch

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1953

Living Area: 1,128 Sq. Ft.

Lot Size: 0.21 Acres

Fuel: Electric

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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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: 38

Average Price: $829,345

Average DOM: 80 days

Complimentary CMAs, no obligation

Completely renovated turnkey beach home with nothing to do but move in and enjoy summer. The home has been thoughtfully updated throughout with new flooring, kitchen, bathroom, newer roof, siding, exterior doors, select windows, full insulation, and central air already in place. Owned by the same family since it was built, this home blends the charm of a classic beach cottage with the comfort and usability of a true year-round home. Inside, you'll find a bright open layout with vaulted ceilings and clean modern finishes throughout. Outside, the large level yard is a rare feature for the neighborhood, complete with a new outdoor shower perfect after the beach. Whether hosting friends or relaxing after a day in the sun, the outdoor space is designed to be enjoyed. As a Miami Beach homeowner, you'll enjoy private roads, beach parking, summer security, and a true neighborhood feel. Walk to the beach, grab food nearby, or spend time at Cross Lane Park with tennis, pickleball, basketball, and a playground just minutes away. Located roughly 2 hours from NYC or Boston and about 12 minutes to Amtrak, this is an easy weekend escape or comfortable full-time residence ready to enjoy immediately.

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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 • 0.2 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.

38

Homes For Sale

$829,345

Average List Price

Mechanicals & Utilities: Baseboard • Electric • Central Air • Public Water Connected water

Exterior Features

Exterior Construction: Vinyl Siding

Roof Type: Asphalt Shingle

Foundation: Block

Patio/Deck: Porch-Screened,Porch,Patio

Utilities: Water: Public Water Connected

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Old Lyme • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

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(203) 675-3399

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16 Flagler Avenue, Old Lyme, Connecticut

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