31 Old Colony Rd Old Lyme, CT 06371
Property details
About 31 Old Colony Rd
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!
Highlights
Summary
- Partial Bathrooms: 2
- Appliances: Oven/Range, Refrigerator
- Basement: No
- Total Bedroom Count: 6
- Attached Garage: No
- Private Pool: No
- Parking: None
- Waterfront: Waterfront, Beach, Water Access, Seasonal
- Architectural Style: Colonial
- Heating: None
- Cooling: None
- List Price: $699,000
- Price/SqFt: $311
- HOA Amount: $850 Annually
- Annual Tax Amount: $6,237
- Tax Year: 2024
- Lot: Corner Lot, Level
- Directions: Rt. 156 south to Old Colony Beach Rd.
- Year Built: 1920
- Living Area: 2,242 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 24081408
- Office Name: Berkshire Hathaway NE Prop.
- Office Phone: (860) 388-3411
- Office Email: aruelhomes@live.com
- Listing Agent: Angela Ruel
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Last updated on: 5/31/2025, 2:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,000
31 Old Colony Rd
$8,301
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $255,600 | $6,237 |
| 2023 | $255,600 | $6,007 |
| 2022 | $255,600 | $6,007 |
| 2021 | $255,600 | $5,955 |
| 2020 | $255,600 | $5,930 |
| 2019 | $238,000 | $5,334 |
History based on county public records data.
Nearby schools
7
Mile Creek School
Public District KG-5
0.7 mi
•205 Mile Creek Rd
10
Niantic Center School
Public District KG-4
4.5 mi
•7 W Main St
7
Lillie B. Haynes School
Public District KG-4
5.3 mi
•29 Society Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $99,107. Typical income of Old Lyme, CT residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
College Football
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Express/Express For Men
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Panera
What do the neighbors drive?
Lincoln
Lexus
Infiniti
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
Frequently asked questions
About 31 Old Colony Rd
The listing price of 31 Old Colony Rd property is $699,000.
The property 31 Old Colony Rd is a house located in Old Lyme, Connecticut, 06371.
Active Listing: 31 Old Colony Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 31 Old Colony Rd are: Mile Creek School (GreatSchools Rating 7/10), Niantic Center School (GreatSchools Rating 10/10), Lillie B. Haynes School (GreatSchools Rating 7/10), Lyme - Old Lyme Middle School (GreatSchools Rating 8/10), Old Saybrook Middle School (GreatSchools Rating 7/10), East Lyme Middle School (GreatSchools Rating 6/10), Lyme - Old Lyme High School (GreatSchools Rating 9/10), Old Saybrook Senior High School (GreatSchools Rating 8/10), East Lyme High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $6,237 (source: MLS/based on county public records data).
The property at 31 Old Colony Rd has 6 bedrooms and 0 full and 2 half bathrooms.
The property 31 Old Colony Rd is 2,242 SqFt (source: MLS/tax record).
The year of construction for 31 Old Colony Rd is 1920.
This home is located at 31 Old Colony Rd in Old Lyme, CT and zip code 06371. This 2,242 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $699,000.
In April 2025 more than 1 listings in Old Lyme, CT were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. Between March and April 2025, Old Lyme, CT real estate market has seen increase in the number of listings by 38.3%.