Off market aug 2016 for $245K

$489,041

Est. refi paymentEst. refi $1,654/mo

•

736

sq ft

7 Old Colony Rd, Old Lyme, CT 06371

About this home

This is a darling cottage in the Old Colony Beach Association. This perfect summer home is in great condition with a beautifully updated bathroom. Also a sunroom, deck, patio, partial basement, outdoor shower, shed with washer and dryer, and 3 AC units. All with a spacious yard on a double lot! Just a short walk to the private Old Colony Beach. Buy now and enjoy summer at the beach! Real Estate Taxes are $3616.76 per year

Single-familyProperty Type

1940Year Built

7,405 sq ftLot Size

$664Est. Price/Sq.Ft.

Listed by Annie Kaye Nowak • Berkshire Hathaway NE Prop.

Listed by Anne Thurlow • Berkshire Hathaway NE Prop.

Bought with Jay Cusack • Executive Real Estate Inc.

Source:Smart MLS #E10140144

Redfin Estimate

$489,041

$244K since sold in August 2016$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.4% lower than the average sale price ($496K) of 6 comparable homes.

SOLD OCT 31, 2025
$350,000
A
2 beds1 bath896 sq ft
3 Sunnieside Dr, Niantic, CT 06357
SOLD SEP 25, 2026
$425,000
B
2 beds1 bath872 sq ft
8 Biscayne Blvd, Old Lyme, CT 06371
SOLD AUG 5, 2026
$485,000
C
3 beds1 bath816 sq ft
50 Biscayne Blvd, Old Lyme, CT 06371
SOLD JUL 2, 2026
$585,000
D
3 beds1 bath850 sq ft
34 Corsino Ave, Old Lyme, CT 06371
SOLD MAY 20, 2026
$460,000
E
1 bed1 bath656 sq ft
10 Portland Ave, Old Lyme, CT 06371
SOLD AUG 20, 2026
$670,000
F
3 beds1 bath1,128 sq ft
16 Flagler Ave, Old Lyme, CT 06371

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Earn from this home

Sell

$305,885

Est. take-home

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Refinance

Est. cash available

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Rent

$1,618/mo

Redfin rental estimate

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Market trends in 06371, CT

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.4%

1.6% MoM

Median sale price

$670K

$22K MoM

Avg. days on market

56d

10 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN SUN, 11AM TO 1PM
$689,900
3 beds3 baths2,559 sq ft
10 Boggy Hole Rd, Old Lyme, CT 06371
OPEN TODAY, 2PM TO 4PM
$675,000
3 beds2.5 baths2,506 sq ft
290 Hamburg Rd, Lyme, CT 06371
COMING SOON
$2,195,000
4 beds2.5 baths3,198 sq ft
119 Bill Hill Rd, Lyme, CT 06371
$925,000
4 beds2.5 baths2,782 sq ft
16 Sands Dr, Old Lyme, CT 06371
OPEN SUN, 11AM TO 1PM
$1,099,000
6 beds4 baths4,700 sq ft
45 Clark Rd, Lyme, CT 06371
$3,495,000
6 beds5.5 baths5,806 sq ft
150 Joshuatown Rd, Lyme, CT 06371
OPEN TODAY, 11AM TO 1PM
$849,000
3 beds1.5 baths1,428 sq ft
34 Ridgewood Rd, Old Lyme, CT 06371
OPEN SUN, 1PM TO 3PM
$574,900
3 beds2 baths2,280 sq ft
89 Brush Hill Rd, Lyme, CT 06371
See all

Provided by Redfin

Sale history for 7 Old Colony Rd

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2023

$4,319

$141,100 + $42,700

$183,800

2022

$4,319 (+0.8%)

$141,100 + $42,700

$183,800

2021

$4,283 (+0.4%)

$141,100 + $42,700

$183,800

2020

$4,264 (+8.5%)

$141,100 + $42,700

$183,800

2019

$3,931 (+2.3%)

$125,400 + $50,000

$175,400

2018

$3,843 (+0.7%)

$125,400 + $50,000

$175,400

2017

$3,815 (+2.6%)

$125,400 + $50,000

$175,400

2016

$3,718 (−21.5%)

$125,400 + $50,000

$175,400

2014

$4,738 (+1.9%)

$188,200 + $52,800

$241,000

2011

$4,651

$188,200 + $52,800

$241,000

Tax history for 7 Old Colony Rd

Year

Property tax

Land + Additions

Assessment*

2023

$4,319

$141,100 + $42,700

$183,800

2022

$4,319 (+0.8%)

$141,100 + $42,700

$183,800

2021

$4,283 (+0.4%)

$141,100 + $42,700

$183,800

2020

$4,264 (+8.5%)

$141,100 + $42,700

$183,800

2019

$3,931 (+2.3%)

$125,400 + $50,000

$175,400

2018

$3,843 (+0.7%)

$125,400 + $50,000

$175,400

2017

$3,815 (+2.6%)

$125,400 + $50,000

$175,400

2016

$3,718 (−21.5%)

$125,400 + $50,000

$175,400

2014

$4,738 (+1.9%)

$188,200 + $52,800

$241,000

2011

$4,651

$188,200 + $52,800

$241,000

*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

Stories

Lot width

—

Lot depth

—

Lot size

7,405 Sq. Ft.

Year renovated

—

Sq. Ft.

576

Year built

1940

Style

Single Family Residential

County

New London County

APN

1555517

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2023.

Property details

Parking

Garage Information
Garage & Parking: On Street Parking

Interior

Interior Information
Total Rooms: 5
Laundry Room Location: First Floor
In-Law Apartment: No
Appliances Included: Dryer, Microwave, Oven/Range, Refrigerator, Range Hood, Washer

Bathroom Information
# of Baths (Full): 1

Bedroom Information
Beds Total: 2

Room Information
Room Count: 5
Basement Description: Hatchway Access

Exterior

Exterior Features
Exterior Siding: Aluminum
Exterior Features: Deck, Shed

Lot Information
Lot Description: Corner Lot

Property Information
Property Type: Single Family For Sale
Property Info: Seasonal Property
Driveway Type: Gravel

Financial

Assessments Information
Assessed Value: $175,400

Rental Information
Lease Purchase YN: No

Utilities

Utility Information
Water Source: Public Water Connected
Sewage System: Septic
Hot Water Description: Electric
Heat Type: Baseboard
Heat Fuel Type: Electric
Energy Features: Thermopane Windows
Electric Amperage: 100

Location

HOA Information
HOA Fee Frequency: Annually
HOA Fee Amount: $570
Association Fee Includes: Insurance, Lake/Beach Access

School Information
Middle Jr High School: PBOE
Intermediate School: Lyme -Old Lyme
High School: Lyme-Old Lyme
Elementary School: PBOE

Location Information
Subdivision: Old Colony Beach
State: Connecticut
Directions: Route 156 to Old Colony Road.
County: New London

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 576
Stories: 1.0
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1940
Year Renovated: —
County: New London County
APN: 1555517

Home facts updated by county records on Jul 13, 2023

Other

Documents & Disclosures
Supplement Count Public: 1

Around this home

Schools

Mile Creek School

Public K-5 • Assigned • 0.6mi

9/10

Lyme-Old Lyme Middle School

Public 6-8 • Assigned • 3.3mi

8/10

Lyme-Old Lyme High School

Public 9-12 • Assigned • 3.2mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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, 18 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

$465,000 – $563,000

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New listings for sale in 06371

OPEN SUN, 11AM TO 1PM

$689,900

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3.97 acre lot • 2 garage spots • Built 1972

OPEN TODAY, 2PM TO 4PM

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14.46 acre lot • 5 garage spots • Built 1973

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4 beds2.5 baths2,782 sq ft

16 Sands Dr, Old Lyme, CT 06371

Fully permitted dock • Open floor plan • Granite countertops

OPEN SUN, 11AM TO 1PM

$1,099,000

6 beds4 baths4,700 sq ft

45 Clark Rd, Lyme, CT 06371

Designer kitchen • Hardwood floors • Natural light

$3,495,000

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150 Joshuatown Rd, Lyme, CT 06371

Over 30 acres • Cathedral ceiling • Exposed cedar beams

OPEN TODAY, 11AM TO 1PM

$849,000

3 beds1.5 baths1,428 sq ft

34 Ridgewood Rd, Old Lyme, CT 06371

Cozy fireplace • Outdoor shower • Bonus flex space

OPEN SUN, 1PM TO 3PM

$574,900

3 beds2 baths2,280 sq ft

89 Brush Hill Rd, Lyme, CT 06371

Renovated home • First-floor bedroom • Walk-out basement

Home values near 7 Old Colony Rd

Data from public records.

Address	Redfin Estimate
16 Old Colony Road, Old Lyme, CT 2 Beds \| 1 Baths \| 612 Sq. Ft.	$460,497
11 Old Colony Road, Old Lyme, CT 5 Beds \| 2 Baths \| 1112 Sq. Ft.	$557,637

Address	Redfin Estimate
10 Old Colony Road, Old Lyme, CT 6 Beds \| 2 Baths \| 1776 Sq. Ft.	—
13 Old Colony Road, Old Lyme, CT 4 Beds \| 1 Baths \| 924 Sq. Ft.	$512,168

Address	Redfin Estimate
12 Old Colony Road, Old Lyme, CT 3 Beds \| 2 Baths \| 1764 Sq. Ft.	$672,890
8 Old Colony Road, Old Lyme, CT 2 Beds \| 1 Baths \| 500 Sq. Ft.	$474,951

Property information provided by Smart MLS when last listed in 2016. 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 7 Old Colony Rd

Tax history for 7 Old Colony 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 7 Old Colony Rd

More real estate resources