Off Market Mar 2021 for $400K

$609,146

Est. refi paymentEst. refi $2,474/mo

•

2,368

sq ft

2 Bailey Rd, Old Lyme, CT 06371

About this home

RENEWED * RENOVATED * READY! This Old Farmhouse/Main house with Guest House addition has been totally redone. There isn't a piece of old plumbing left in the house! *New Well * New Septic * New Siding * New Furnaces * New Mechanicals* New Kitchens & Baths * Main house is graced by a wrap around porch that features recessed lighting and the guest house unit has a screened in cozy attached porch that looks out on the stream that meanders along the side boundary of the property. Some architectural features accent the interior with the arched windows, restored balusters, lighting and transoms. There are wood floors throughout, ceiling fans and a great walk up attic. Move In Ready! Large 24'X38' Barn on lot needs total overhaul or to be dismantled & reconstructed - offers many possibilities! Property is located within minutes to Smith Neck Rd town boat launch for canoeing and kayaking AND White Sands Beach for town residents.

Multi-familyProperty Type

1900Year Built

0.91 acresLot Size

$257Est. Price/Sq.Ft.

Listed by Jackie Nowell • Coldwell Banker Realty

Listed by Lisa Golebiewski • Coldwell Banker Realty

Bought with Terry Kemper • Coldwell Banker Realty

Source:Smart MLS #170363100

Redfin Estimate

$609,146

$209K since sold in March 2021$5,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.2% lower than the average sale price ($678K) of 6 comparable homes.

SOLD MAY 29, 2026
$532,000
A
4 beds2.5 baths2,328 sq ft
7 Willow Ln, East Lyme, CT 06333
SOLD AUG 5, 2026
$800,000
B
4 beds2.5 baths2,814 sq ft
7 Winchester Rd, East Lyme, CT 06333
SOLD AUG 17, 2026
$485,000
C
3 beds2 baths2,260 sq ft
8 Roxbury Ct, Niantic, CT 06357
SOLD JUN 26, 2026
$810,000
D
4 beds2.5 baths2,954 sq ft
4 Swanswood Ln, Old Lyme, CT 06371
SOLD JUN 15, 2026
$642,900
E
4 beds2.5 baths1,952 sq ft
1 Oakridge Dr, Old Lyme, CT 06371
SOLD AUG 3, 2026
$800,000
F
4 beds3.5 baths3,019 sq ft
34 Spring Rock Rd, East Lyme, CT 06333

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Earn from this home

Sell

$286,096

Est. take-home

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Refinance

Est. cash available

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Market trends in 06371, CT

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

101.1%

+2.4% MoM

Median sale price

$674K

$61K MoM

Avg. days on market

31d

24 days MoM

Recently sold homes

4 MoM

New listings for sale

OPEN TODAY, 12PM TO 2PM
$574,900
4 beds1.5 baths1,383 sq ft
25 Shore Dr, Old Lyme, CT 06371
$625,000
4 beds2 baths2,266 sq ft
87 Grassy Hill Rd, Old Lyme, CT 06371
VIDEO TOUR
$940,000
3 beds2 baths2,136 sq ft
311 Brightwater Rd, Old Lyme, CT 06371
$895,000
4 beds2.5 baths4,620 sq ft
32-B Clark Rd, Lyme, CT 06371
OPEN TODAY, 1PM TO 3PM
$599,900
4 beds2 baths1,536 sq ft
11 Glover Ave, Old Lyme, CT 06371
OPEN TODAY, 10AM TO 11:30AM
$575,000
3 beds2 baths1,682 sq ft
91 Whippoorwill Rd, Old Lyme, CT 06371
$799,000
7 beds3 baths2,225 sq ft
40 Portland Ave, Old Lyme, CT 06371
See all

Provided by Redfin

Sale history for 2 Bailey Rd

Year

Property tax

Land + Additions

Assessment*

2023

$3,640

$72,400 + $82,500

$154,900

2022

$3,640 (−2.3%)

$72,400 + $82,500

$154,900

2021

$3,726 (+15.5%)

$72,400 + $87,500

$159,900

2020

$3,227 (−10.0%)

$72,400 + $66,700

$139,100

2019

$3,586 (+2.3%)

$76,100 + $83,900

$160,000

2018

$3,506 (+0.7%)

$76,100 + $83,900

$160,000

2017

$3,480 (+2.6%)

$76,100 + $83,900

$160,000

2016

$3,392 (+0.6%)

$76,100 + $83,900

$160,000

2014

$3,372 (+1.9%)

$76,400 + $95,100

$171,500

2011

$3,310

$76,400 + $95,100

$171,500

Tax history for 2 Bailey Rd

Year

Property tax

Land + Additions

Assessment*

2023

$3,640

$72,400 + $82,500

$154,900

2022

$3,640 (−2.3%)

$72,400 + $82,500

$154,900

2021

$3,726 (+15.5%)

$72,400 + $87,500

$159,900

2020

$3,227 (−10.0%)

$72,400 + $66,700

$139,100

2019

$3,586 (+2.3%)

$76,100 + $83,900

$160,000

2018

$3,506 (+0.7%)

$76,100 + $83,900

$160,000

2017

$3,480 (+2.6%)

$76,100 + $83,900

$160,000

2016

$3,392 (+0.6%)

$76,100 + $83,900

$160,000

2014

$3,372 (+1.9%)

$76,400 + $95,100

$171,500

2011

$3,310

$76,400 + $95,100

$171,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.91 Acres

Year renovated

—

Sq. Ft.

2,368

Year built

1900

Style

Multi-Family (2-4 Unit)

County

New London County

APN

1552623

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2023.

Property details

Parking

Garage Information
Garage & Parking: Other

Interior

Virtual Tour Information

Interior Information
Laundry Room Info: All Units Have Hook-Ups

Bathroom Information
# of Baths (Full): 2
# of Baths (Half): 2

Bedroom Information
Beds Total: 4

Room Information
Basement Description: Partial With Hatchway, Sump Pump
Has Attic
Attic Description: Walk-up, Floored, Storage Space

Multi-Unit Information
Unit Count: 2
Total Rooms Multi Family: 10
Total Number of Units: 2

Exterior

Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding
Exterior Features: Garden Area, Lighting, Porch, Porch-Enclosed, Porch-Wrap Around

Lot Information
Lot Description: Corner Lot, Level Lot

Building Information
Foundation Type: Stone
Construction Description: Frame, Other
Color: Yellow

Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 2368
Driveway Type: Crushed Stone, Gravel

Financial

Assessments Information
Assessed Value: $139,100

Utilities

Utility Information
Water Source: Private Well
Sewage System: Septic
Hot Water Description: Electric
Heat Type: Hot Air, Other
Heat Fuel Type: Propane
Fuel Tank Location: Above Ground
Energy Features: Thermopane Windows

Location

School Information
Middle Jr High School: Lyme-Old Lyme
Intermediate School: Per Board of Ed
High School: Lyme-Old Lyme
Elementary School: Per Board of Ed

Location Information
State: Connecticut
Nearby Amenities: Golf Course
Flood Zone
Directions: Rte 156 to Mile Creek to Bailey. Corner Lot.
County: New London

Public facts

Beds: 6
Baths: 2.5
Sq. Ft.: 2,368
Stories: 2.0
Lot Size: 0.91 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: New London County
APN: 1552623

Home facts updated by county records on Jul 13, 2023

Other

Documents & Disclosures
Supplement Count Public: 6

Around this home

Schools

Mile Creek School

Public K-5 • Assigned • 1.8mi

8/10

Lyme-Old Lyme Middle School

Public 6-8 • Assigned • 1.5mi

9/10

Lyme-Old Lyme High School

Public 9-12 • Assigned • 1.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 50-62% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 94° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Old Lyme, CT • 06371

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$579,000 – $701,000

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Home values near 2 Bailey Rd

Data from public records.

Address	Redfin Estimate
14 Bailey Rd Apt B, Old Lyme, CT 4 Beds \| 3 Baths \| 3245 Sq. Ft.	$913,551
16 Bailey Rd Apt A, Old Lyme, CT 4 Beds \| 2.5 Baths \| 3561 Sq. Ft.	$948,077

Address	Redfin Estimate
14 Bailey Rd Apt A, Old Lyme, CT 4 Beds \| 2.5 Baths \| 2902 Sq. Ft.	$800,656
5 Bailey Rd, Old Lyme, CT 5 Beds \| 3.5 Baths \| 4110 Sq. Ft.	$1,014,724

Address	Redfin Estimate
18 Bailey Rd, Old Lyme, CT 3 Beds \| 2 Baths \| 1760 Sq. Ft.	$624,516
4 Bailey Rd, Old Lyme, CT 3 Beds \| 1.5 Baths \| 1169 Sq. Ft.	$499,894

Property information provided by Smart MLS when last listed in 2021. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 06371, CT

Sale history for 2 Bailey Rd

Tax history for 2 Bailey Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 06371

Home values near 2 Bailey Rd

More real estate resources