This home's estimate is 27.2% lower than the average sale price ($633K) of 6 comparable homes.
Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate
318 Billow Rd, Old Lyme, CT 06371
About this home
Welcome to your dream beach retreat in the heart of Old Lyme! Located just steps from the sandy shores of Long Island Sound, this 3-bedroom seasonal home is ready for the upcoming season in one of Connecticut's most sought-after beach communities. This property is being sold together with 319 Brightwater road which is approximately .09 acre lot that adjoins the billow road property making it an approximate total of .36 acres. The subject property is in an R10 zone for building purposes value is in the land. Schedule your showing today.
Redfin Estimate
Earn from this home
List your home with Redfin and save $4,608
List your home for rent
Market trends in 06371, CT
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
See all
Provided by Redfin
Sale history for 318 Billow Rd
$581/sq ft
$594/sq ft
$624/sq ft
$662/sq ft
Tax history for 318 Billow Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Garage Information
- Garage & Parking: Detached Garage
- Garages Number: 1
Interior
- Interior Information
- Total Rooms: 5
- Laundry Room Location: washing machine in garage.
- Appliances Included: Electric Range, Refrigerator, Washer
- Bathroom Information
- # of Baths (Half): 1
- Bedroom Information
- Beds Total: 3
- Room Information
- Basement Description: None
- Has Attic
- Attic Description: Access Via Hatch
Exterior
- Exterior Features
- Roof Information: Asphalt Shingle
- Exterior Siding: Vinyl Siding
- Lot Information
- Lot Description: Level Lot
- Building Information
- Foundation Type: None
- Construction Description: Frame
- Property Information
- Waterfront Description: Walk to Water, Beach Rights, Association Required, Seasonal
- Property Type: Single Family For Sale
- Living Area SQFT Per Public Record: 800
Financial
- Assessments Information
- Assessed Value: $232,100
Utilities
- Utility Information
- Water Source: Public Water Connected
- Sewage System: Septic
- Hot Water Description: Electric, Domestic
- Heat Type: No Heat
Location
- HOA Information
- Has Home Owner's Assocation
- HOA Fee Frequency: Monthly
- HOA Fee Amount: $75
- Association Fee Includes: Lake/Beach Access
- School Information
- High School: Per Board of Ed
- Elementary School: Per Board of Ed
- Location Information
- State: Connecticut
- Directions: I95 to exit 70 to Billow road
- County: New London
Public facts
- Beds: 3
- Baths: —
- Sq. Ft.: 800
- Stories: 1.0
- Lot Size: 0.27 acres
- Style: Single Family Residential
- Year Built: 1949
- Year Renovated: —
- County: New London County
- APN: 1555735
Around this home
Schools
Public K-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 3.5mi
Public 9-12 • Assigned • 3.3mi
Lifestyle
Provided by Walk Score and Local Logic
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, 17 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
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.
Nearby similar homes
New listings for sale in 06371
Home values near 318 Billow Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1488 Sq. Ft. | $765,539 |
3 Beds | 1 Baths | 1008 Sq. Ft. | $376,511 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1475 Sq. Ft. | $485,841 |
2 Beds | 1 Baths | 720 Sq. Ft. | $369,883 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1228 Sq. Ft. | $409,188 |
2 Beds | 1 Baths | 880 Sq. Ft. | $425,629 |
More real estate resources
- Cities
- Counties
- Popular Searches
| Westerly homes for sale | |||
| Mystic homes for sale | |||
| Groton homes for sale |
| Suffolk County homes for sale | |||
| New Haven County homes for sale | |||
| Norfolk County homes for sale |
Find us
Subsidiaries
Affiliated Business
Copyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.


















United States
Canada