Sold on Sep 2026

$785,000

•

3,386

sq ft

7 Silver Falls Rd, East Lyme, CT 06333

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About this home

Rare income-producing multi-family opportunity or ideal multigenerational compound in East Lyme! Situated on a sprawling 2.37-acre retreat along scenic Latimer Brook, this unique property features two fully detached homes on one lot. A high-yielding, flexible setup that is virtually impossible to replicate today. Perfect for savvy investors, families seeking separate-but-close living, or owner-occupants looking to offset their mortgage, the estate includes a spacious 2,252 sq. ft. main house (4 BR, 3 BA, expanded in 2004) and a private, fully detached 1,134 sq. ft. ranch cottage (1 BR, 1 BA) completely renovated with an effective build year of 2018. Adding immense value is a massive, versatile outbuilding with a workshop and garage space, ideal for home businesses, hobbyists, or extra storage rental income. The park-like acreage offers ultimate privacy with established fruit trees and the soothing sounds of Silver Falls, all while remaining minutes from East Lyme's coastal amenities, major highways, and top-rated schools. Live in one and rent the other, house multiple generations with perfect privacy, or lease both for maximum cash flow. This unique multi-family asset delivers endless potential.

This property is not in a Flood Zone. The driveway to the cottage is a right-of-way over 59 Silver Falls Rd, Montville.

Multi-familyProperty Type

1900Year Built

2.37 acresLot Size

$232Price/Sq.Ft.

1 garage spacesParking

Listed by Amanda Gaudette • William Pitt Sotheby's Int'l

Contact: Agent Attribution Contact: (860) 859-7610 | Office Attribution Contact: (860) 536-5900

Bought with Alexis John • RE/MAX One

Source:Smart MLS #24186470

Redfin Estimate

$801,559

$17K since sold in September 2026$30K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.8% higher than the average sale price ($669K) of 6 comparable homes.

SOLD AUG 31, 2026
$604,000
A
4 beds2.5 baths3,448 sq ft
19 Legendary Rd, East Lyme, CT 06333
SOLD MAY 11, 2026
$630,000
B
4 beds3 baths2,851 sq ft
7 Greenwood Cir, East Lyme, CT 06333
SOLD JUN 4, 2026
$772,000
C
3 beds3 baths2,893 sq ft
126 Beaver Brook Rd, Lyme, CT 06371
SOLD AUG 14, 2026
$735,000
D
4 beds3 baths3,075 sq ft
9 Laurel Hill Dr S, Niantic, CT 06357
SOLD FEB 27, 2026
$570,000
E
4 beds3.5 baths3,097 sq ft
20 Sunrise Trl, East Lyme, CT 06333
SOLD AUG 12, 2026
$702,000
F
4 beds3.5 baths2,561 sq ft
15 Winston Rd, East Lyme, CT 06333

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Market trends in 06333, CT

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.2%

1.7% MoM

Median sale price

$570K

$107K MoM

Avg. days on market

44d

10 days MoM

Recently sold homes

7 MoM

New listings for sale

COMING SOON
$1,299,900
4 beds3 baths3,300 sq ft
101 Upper Pattagansett Rd, East Lyme, CT 06333
COMING SOON
$492,500
4 beds2.5 baths2,733 sq ft
62 Charter Oak Dr, East Lyme, CT 06333
$510,000
2 beds2.5 baths1,440 sq ft
26 Village Xing #26, Niantic, CT 06357
$499,000
4 beds2 baths2,040 sq ft
13 Black Oak Dr, East Lyme, CT 06333
COMING SOON
$440,000
2 beds1 bath964 sq ft
16 Pattagansett Dr, East Lyme, CT 06333
$429,000
3 beds2 baths1,759 sq ft
9 Stone Ranch Rd, East Lyme, CT 06333
$349,900
2 beds1 bath1,649 sq ft
25 Gurley Rd, East Lyme, CT 06333
See all

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Sale and tax history for 7 Silver Falls Rd

Sale History
Tax History

Date

Event

Price

Smart MLS #24186470

Sep 4, 2026

Sold

$785,000

$232/sq ft

Aug 30, 2026

Pending

—

Aug 3, 2026

Contingent

—

Jul 13, 2026

Price Changed

$799,500

$236/sq ft

Jun 26, 2026

Listed

$825,000

$244/sq ft

Jun 24, 2026

Coming Soon

$825,000

$244/sq ft

Smart MLS #1

Jul 13, 2026

Price Changed

$799,500

$236/sq ft

Public Records

Apr 7, 2017

Sold

$330,000

$97/sq ft

Smart MLS #E10104864

Jun 30, 2016

Listing Removed

—

Jan 19, 2016

Listed

$359,000

$106/sq ft

Public Records

Jul 2, 1999

Sold

$165,000

$49/sq ft

Smart MLS #E90657

Jul 8, 1998

Listed

$174,900

$52/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$9,486 (+4.4%)

$111,720 + $269,570

$381,290

2022

$9,090 (+15.5%)

$111,720 + $269,570

$381,290

2021

$7,873 (+1.1%)

$101,010 + $175,140

$276,150

2020

$7,788 (+0.6%)

$101,010 + $173,600

$274,610

2019

$7,741 (+10.1%)

$101,010 + $173,600

$274,610

2018

$7,028 (−2.5%)

$101,010 + $155,960

$256,970

2017

$7,208 (−0.3%)

$101,010 + $174,510

$275,520

2016

$7,232 (+5.5%)

$102,690 + $182,490

$285,180

2014

$6,853 (+2.9%)

$102,690 + $182,490

$285,180

2012

$6,659

$102,690 + $182,490

$285,180

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

2.37 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

New London County

APN

1472289

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2023.

Property details

Parking

Garage Information
Garage & Parking: Attached Garage, Paved, Driveway, Unpaved
Garages Number: 1

Parking Information
Parking Total Spaces: 10

Interior

Interior Information
Total Rooms: 12
Laundry Room Location: Main house has 3 hookups. Cottage has 1
Laundry Room Info: All Units Have Hook-Ups
Cooling System: Ductless, Split System, Wall Unit

Bathroom Information
# of Baths (Full): 4

Bedroom Information
Beds Total: 5

Room Information
Basement Description: Full, Full With Hatchway
Has Attic
Attic Description: Crawl Space, Access Via Hatch

Exterior

Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Shake, Cedar
Exterior Features: Barn, Gutters, Guest House, Hot Tub, Stone Wall, Patio

Lot Information
Lot Description: Some Wetlands, Level Lot

Building Information
Foundation Type: Concrete, Stone
Construction Description: Frame
Color: Cedar Shake

Property Information
Waterfront Description: Brook, Access
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 0
Driveway Type: Paved, Asphalt, Gravel

Financial

Assessments Information
Assessed Value: $381,290

Utilities

Utility Information
Water Source: Private Well
Sewage System: Septic
Hot Water Description: Oil, Electric
Heat Type: Baseboard, Heat Pump, Wood/Coal Stove
Heat Fuel Type: Electric, Oil, Wood
Fuel Tank Location: In Basement
Energy Features: Active Solar

Location

Multi-Unit Information
Total Rooms Multi Family: 12
Total Number of Units: 2

School Information
Middle Jr High School: East Lyme
High School: East Lyme
Elementary School: Flanders

Location Information
State: Connecticut
Nearby Amenities: Golf Course, Library, Medical Facilities, Public Pool, Public Transportation, Tennis Courts
Directions: Rt. 161 to Silver Falls Rd. Not to be confused with Silver Falls Rd Montville
Direct Waterfront
County: New London

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 2.37 acres
Style: Other
Year Built: —
Year Renovated: —
County: New London County
APN: 1472289

Home facts updated by county records on Jul 13, 2023

Other

Documents & Disclosures
Supplement Count Public: 4

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the East Lyme School District website to verify.

Flanders School

Public K-4 • 3.1mi

7/10

East Lyme Middle School

Public 5-8 • 4.3mi

8/10

East Lyme High School

Public 9-12 • 3.1mi

9/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 95° expected this year, 17 days in 30 years

7/10 Wind Factor

78% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

East Lyme, CT • 06333

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$762,000 – $922,000

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Home values near 7 Silver Falls Rd

Data from public records.

Address	Redfin Estimate
53 Silver Falls Road, Oakdale, CT - Beds \| - Baths \| - Sq. Ft.	$50,174
40 Silver Falls Road, Oakdale, CT - Beds \| - Baths \| - Sq. Ft.	$53,547

Address	Redfin Estimate
39 Silver Falls Road, Oakdale, CT - Beds \| - Baths \| - Sq. Ft.	—
60 Silver Falls Road, Oakdale, CT 3 Beds \| 2.5 Baths \| 1822 Sq. Ft.	$451,103

Address	Redfin Estimate
45 Silver Falls Road, Oakdale, CT 3 Beds \| 1 Baths \| 1399 Sq. Ft.	$381,007
59 Silver Falls Road, Oakdale, CT - Beds \| - Baths \| - Sq. Ft.	$41,321

Property information provided by Smart MLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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7 Silver Falls Rd, East Lyme, CT 06333

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About this home

Redfin Estimate

Market trends in 06333, CT

Homeowner tools

Sale and tax history for 7 Silver Falls Rd

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

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Home values near 7 Silver Falls Rd

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