This home's estimate is 42.5% lower than the average sale price ($1.35M) of 6 comparable homes.
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31 Old Colony Rd, Old Lyme, CT 06371
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About this home
Just in time for beach season -this refreshed, nostalgic retreat captures the timeless charm of classic beach living. It's a short walk to the private sandy beach in the gated Old Colony Beach Association, and does not require flood insurance. The home features an inviting porch, plenty of interior space to gather and create memories that will last a lifetime. There are five bedrooms, including two potential primary bedrooms - one with a half-bath and one with an adjoining private room. There is a full bath, and two half baths. The adjoining one-bedroom apt provides the perfect setup for guests, or for added privacy. A newer enclosed outdoor shower room is a real treat (if you know, you know). A low-maintenance deck with awning offers a shady spot for afternoons of dining, reading, and relaxing. With parking for up to 8 cars- a rare convenience at the shore- hosting large groups is effortless. The location is ideal - on the corner of a dead-end street (just two houses) and landscaped with privacy hedges. Just steps to the beach, restaurants, ice cream shop, and the beloved carousel, this home offers the kind of place where summers linger in your memory. With sewer installation coming soon, there is the possibility for future growth potential and extended year-round living. Don't miss this opportunity to own a true getaway in on the area's most cherished, golf-cart friendly, beach communities.
Owners do not have specific details on timing for the sewer project and buyers should do their own research. Conventional financing is available for seasonal properties. OFFERS WILL BE CONSIDERED MONDAY 6/1 AT 5 PM
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Last updated August 2026
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Est. $3,998 per month, based on comparable rentals
Sale and tax history for 31 Old Colony Rd
- Sale History
- Tax History
$302/sq ft
$285/sq ft
$285/sq ft
$312/sq ft
$176/sq ft
$245/sq ft
Public record
Property details
Parking
- Garage Information
- Garage & Parking: Off Street Parking, Unpaved
- Parking Information
- Parking Total Spaces: 8
Interior
- Interior Information
- Total Rooms: 9
- Interior Features: Cable - Pre-wired
- In-Law Apartment: Yes
- In-Law Access: First Floor
- Cooling System: Ceiling Fans, Window Unit
- Appliances Included: Gas Range, Microwave, Refrigerator
- Bathroom Information
- # of Baths (Full): 2
- # of Baths (Half): 2
- Bedroom Information
- Beds Total: 6
- Room Information
- Basement Description: Crawl Space, Unfinished
Exterior
- Exterior Features
- Roof Information: Asphalt Shingle
- Exterior Siding: Vinyl Siding
- Exterior Features: Porch-Screened, Shed, Porch, Deck
- Lot Information
- Lot Description: Corner Lot, Level Lot
- Building Information
- Foundation Type: Block, Piling
- Construction Description: Frame
- Color: grey
- Property Information
- Waterfront Description: Walk to Water, Beach Rights, Association Required, Seasonal
- Property Type: Single Family For Sale
- Property Info: Seasonal Property
Financial
- Assessments Information
- Assessed Value: $447,700
- Rental Information
- Property Management Type: Unit Owners Association
Utilities
- Utility Information
- Water Source: Public Water Connected
- Sewage System: Septic
- Hot Water Description: Electric, 80 Gallon Tank
- Heat Type: Other
- Energy Features: Thermopane Windows
Location
- HOA Information
- Has Home Owner's Assocation
- HOA Fee Frequency: Annually
- HOA Fee Amount: $1,100
- Association Fee Includes: Lake/Beach Access, Security Service, Trash Pickup
- School Information
- High School: Lyme-Old Lyme
- Elementary School: Per Board of Ed
- Location Information
- State: Connecticut
- Nearby Amenities: Golf Course, Medical Facilities, Tennis Courts
- Directions: Route 156 (Shore Rd) to Old Colony Road (gated), Turn right after house, park on grass.
- County: New London
Public facts
- Beds: 6
- Baths: —
- Sq. Ft.: 2,242
- Stories: 2.0
- Lot Size: 4,792 square feet
- Style: Single Family Residential
- Year Built: 1920
- Year Renovated: —
- County: New London County
- APN: 1555106
Other
- Documents & Disclosures
- Supplement Count Public: 2
Around this home
Schools
Public K-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 3.4mi
Public 9-12 • Assigned • 3.2mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 94° expected this year, 18 days in 30 years
80% chance of strong winds in next 30 years
5 unhealthy days expected this year, 7 days in 30 years
Sun exposure
Good sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 06371
Home values near 31 Old Colony Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $512,222 |
3 Beds | 1 Baths | 1378 Sq. Ft. | $521,244 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1.5 Baths | 1272 Sq. Ft. | $559,597 |
6 Beds | 3.5 Baths | 2484 Sq. Ft. | $914,991 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1224 Sq. Ft. | $598,148 |
3 Beds | 1 Baths | 664 Sq. Ft. | $445,932 |
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