23 Cherry Street - East Lyme, CT

$1,700,000

Beds

3.00

Baths

2,571

SqFt

0.18

Acres

Pricing Insight: Originally listed for $1,700,000, the price has remained unchanged for approximately 15 days. This property has been on the market for approximately 15 days. MLS reports 3 Days on Market (DOM) before it went under contract.

23 Cherry Street, East Lyme, CT is a 3-bed, 3-bath, 2,571 square foot home built in 1903 , featuring other architecture. This home is part of a homeowners association, with dues of $550 paid annually. The HOA fee includes: lake/beach access. Community amenities include: guest parking, park, and playground/tot lot.

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

MLS #: 24176277

Offered Price: $1,700,000

Residence Type: Single Family

Architectural Style: Other

Living Area: 2,571 Sq. Ft.

Lot Size: 0.18 Acres

Neighborhood: Pine Grove

County: New London

Year Built: 1903

Design & Construction: Frame

Heating: Hot Air

Cooling: Split System

Garage Spaces: 0

Price per Sq Ft as listed: $661

Estimated Tax: $14,107

Days on Market: 3

$399,000

4 Beds · 1 Baths · 1,312 Sq Ft

6 Orchard Street, East Lyme

Home Automation: Not specified

Energy Features: Passive Solar

Solar Contract: Not specified

Heating Fuel: Electric, Oil

Fuel Type: Hot Air

Fuel Tank Location: In Basement

Cooling System: Split System

Hot Water System: Electric, Upright Tank

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $661 / Sq. Ft.

Tax assessed value: $503,650

Estimated Tax: $14,107

Architectural Style: Other

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1903

Living Area: 2,571 Sq. Ft.

Lot Size: 0.18 Acres

Fuel: Electric,Oil

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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 East Lyme
Statistical modeling algorithms

Local Market Context

Active Listings: 66

Average Price: $620,927

Average DOM: 3 days

Complimentary CMAs, no obligation

Experience the pinnacle of coastal living at 23 Cherry Street, where a vibrant village lifestyle meets your own private waterfront oasis on the Niantic River. Wake up to breathtaking sunrise views over the water, then enjoy breakfast in the beautiful kitchen. This home perfectly blends efficiency and luxury, featuring central A/C, three cozy fireplaces, and solar panels offering incredible energy savings. The exterior is an entertainer's paradise, featuring a private dock for boating and a pristine in-ground saltwater pool. Professionally designed outdoor lighting transforms the property at twilight, extending your evening enjoyment on the patio long after the sun goes down. When you aren't relaxing at home, take a short stroll into vibrant Niantic Village to enjoy local restaurants, boutique shopping, Town beaches and the boardwalk. Truly a rare opportunity to own a piece of energy-efficient paradise where every day feels like a vacation.

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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.

66

Homes For Sale

$620,927

Average List Price

Mechanicals & Utilities: Hot Air • Electric,Oil • Split System • Public Water Connected water • 3 fireplaces

Exterior Features

Exterior Construction: Vertical Siding,Cedar,Other

Roof Type: Asphalt Shingle

Foundation: Block,Concrete

Driveway: Private,Paved,Crushed Stone

Garage: Paved,Driveway

Parking: 4 Total

Patio/Deck: Deck,Garden Area,Covered Deck,Patio

Pool: Salt Water,In Ground Pool

Utilities: Water: Public Water Connected

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Steve Simos

Real Estate Advisor

East Lyme • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(800) 555-0003

george@appzentric.com

Good evening Steve, I'm interested in
23 Cherry Street, East Lyme, Connecticut

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