68-70 Black Point Rd East Lyme, CT 06357
Property details
About 68-70 Black Point Rd
Multi-Family Property in a highly sought after year round beach community! Investors take note! Property Highlights: Prime Location: Walking distance to multiple public beaches, one of Connecticut's oldest bakeries, public boardwalks and parks, top-rated pizza shops, ice cream shops, restaurants and even a live theater making this a perfect location for renters and vacationers alike. 11 Units: The largest multi-family available for sale on the South Eastern CT Shoreline. 2.27 Acres: Room for expansion, additional amenities or boutique resort style development. Cash Flow & Appreciation: This property is located in a quickly appreciating classic New England coastal town with high long term, medium term and short term rental demand. Located close to Millstone, Electric Boat, Pfizer and Camp Nett demand is sure to stay high! Whether you are looking to develop a thriving Airbnb portfolio or capitalize on the high demand for long term rentals in this area this property is an great investment opportunity.
Highlights
Summary
- Full Bathrooms: 10
- Basement: Yes
- Total Bedroom Count: 14
- Attached Garage: No
- Private Pool: No
- Parking: None
- Waterfront: Waterfront
- View: Trees/Woods
- Architectural Style: Other
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $3,895,000
- Price/SqFt: $659
- Lot: Secluded, Wooded, Level
- Directions: Coming Westward from Rope Ferry Rd. take a left onto Black Point Rd. and property is 0.3mi in on your left.
- Year Built: 1950
- Living Area: 5,907 SqFt
- Lot Size: 2.27 Acres
- MLS Number: 24077288
- Office Name: eXp Realty
- Office Phone: (866) 828-3951
- Office Email: velezad50@gmail.com
- Listing Agent: Adam Velez
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2025, 4:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,895,000
68-70 Black Point Rd
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
10
Niantic Center School
Public District KG-4
0.9 mi
•7 W Main St
7
Lillie B. Haynes School
Public District KG-4
2.6 mi
•29 Society Rd
5
Oswegatchie Elementary School
Public District KG-5
3.8 mi
•470 Boston Post 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 $95,466. The most common annual income of people living in East Lyme, CT is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
This home is located at 68-70 Black Point Rd in East Lyme, CT and zip code 06357. This 5,907 square foot home, which was built in 1950, sits on a 2.27 acre lot. Features: 14 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $3,895,000.
In April 2025, from all listings sold in East Lyme, CT there were more than 13 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. Between March and April 2025, East Lyme, CT real estate market has seen increase in the number of listings by 6.8%.