For sale

$2,200,000

Est. $13,570/mo —

•

2,734

sq ft

138 N Cove Rd, Old Saybrook, CT 06475

About this home

A Rare Coastal Opportunity Awaits! Set in the highly sought-after North Cove Historic District of Old Saybrook, this grand colonial offers something truly special: a coveted prime coastal location, spectacular water views, and incredible potential to create the home you've always envisioned. Originally built in 1930 and expanded in 1987, this property has the character, scale, and bones of a remarkable coastal residence-but today, it's ready for a new vision. With water views from nearly every room, spacious living areas, French doors leading out to a large deck, beautiful bay windows, a brick fireplace, a first-floor primary suite, four bedrooms, three and a half baths, a two-car garage with loft space, and an exceptional setting-there is truly so much to work with. The existing layout provides a strong foundation for someone looking to renovate, reimagine, and create a truly spectacular coastal retreat in one of Connecticut shoreline's most desirable neighborhoods. Located within walking distance of local restaurants, shops, beaches, and everything else that Main Street has to offer. Property being sold in "as is".

Single-familyProperty Type

1930Year Built

0.54 acresLot Size

$805Price/Sq.Ft.

2 car garageParking

Listed by Marcello Delmonaco • Coldwell Banker Realty

Contact: Agent Attribution Contact: (203) 401-1931 | Office Attribution Contact: (203) 245-4700

Source:Smart MLS #24199659

Payment calculator

$13,570 per month

Principal and interest$12,006

Property taxes

$867

HOA dues

Home insurance

$697

Utilities

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Affordability tools

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 5PM TO 7PM
$535,000
3 beds2 baths1,486 sq ft
1010 Boston Post Rd, Westbrook, CT 06498
OPEN SAT, 10AM TO 12PM
$1,195,000
4 beds2.5 baths3,368 sq ft
31 Book Hill Rd, Essex, CT 06426
OPEN SAT, 10:30AM TO 12PM
$492,500
4 beds2.5 baths2,733 sq ft
62 Charter Oak Dr, East Lyme, CT 06333
OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$1,380,000
5 beds3 baths2,969 sq ft
46 Fenwood Grove Rd, Old Saybrook, CT 06475
OPEN SAT, 11AM TO 1PM
$1,295,000
4 beds3.5 baths4,730 sq ft
123 Scott Rd, East Lyme, CT 06333
OPEN SAT, 11AM TO 2PM
$764,900
4 beds2.5 baths2,662 sq ft
13 High Field Ln, Chester, CT 06412
OPEN SAT, 12PM TO 2PM
$269,000
2 beds1 bath1,024 sq ft
42 Founders Rd #42, Clinton, CT 06413
OPEN SUN, 10AM TO 2PM
$749,900
4 beds2.5 baths3,143 sq ft
77 Falls Landing Rd, Deep River, CT 06417
OPEN SUN, 11AM TO 1PM
$29,900
2 beds1 bath868 sq ft
133 W Main St Lot A23, Clinton, CT 06413
OPEN SUN, 12PM TO 2PM
$549,000
3 beds1.5 baths1,056 sq ft
47 Maple Ave, Old Saybrook, CT 06475

Around this home

Schools

K - 12
Preschool & daycare

Old Saybrook Middle School

Public 5-8 • Assigned • 0.8mi

8/10

Old Saybrook Senior High School

Public 9-12 • Assigned • 2.0mi

8/10

Provided by GreatSchools

About Saybrook

Point

Saybrook Point, located between the Connecticut River and Long Island Sound, is a waterfront and marina Old Saybrook Center neighborhood with salt-air promenades and low-slung coastal architecture. The neighborhood’s character concentrates around the Saybrook Point Marina and its docks, where sail masts, chandlery errands, and patio dining set the daily rhythm. The Katharine Hepburn Cultural Arts Center (The Kate) and the General William Hart House anchor local culture beyond the shoreline. Streets mix classic shingle-style homes with tidy capes and newer coastal builds oriented toward the water. Fenwick Golf Course adds a quiet, green edge near the Sound. Causeways, beaches, and river views keep the landscape in constant motion.

Provided by Walk Score and Local Logic

Offer insights

138 N Cove Rd · $2,200,000

Strong offer

$2.23M and above

75% chance or better to win

Why $2.23M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 39 days.

SALE-TO-LIST

Most homes are selling 3% above list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Central air conditioning
One fireplace
Full unfinished basement with hatchway
Walk-up attic

Bedrooms
4 bedrooms

Bathrooms
3 full bathrooms
1 half bathroom

Kitchen
Oven/Range
Dishwasher

Laundry & utility
Laundry on main level

Heating & cooling
Hot air heating
Zoned heating
Oil-fired heat
Domestic hot water

Sale and tax history for 138 N Cove Rd

Sale History
Tax History

Date

Event

Price

Smart MLS #24199659

Sep 8, 2026

Price Changed

$2,200,000

$805/sq ft

Sep 4, 2026

Listed

$1,599,000

$585/sq ft

Aug 21, 2026

Coming Soon

$1,599,000

$585/sq ft

Smart MLS #170433601

Mar 22, 2022

Sold

$1,267,500

$464/sq ft

Jan 18, 2022

Contingent

—

Nov 1, 2021

Price Changed

$1,475,000

$540/sq ft

Sep 15, 2021

Listed

$1,650,000

$604/sq ft

Sep 1, 2021

Coming Soon

$1,650,000

$604/sq ft

Located in the sought-after North Cove Historic District in Old Saybrook, this stately colonial has water views from almost every room. Originally built in 1930, then completely renovated and added on1987, this home retains period details and tons of character, yet has been updated with all the amenities for a modern lifestyle. Enter the house through the beautiful custom built double front doors into a spacious foyer. The large, open kitchen is beautifully appointed and flows seamlessly into the spacious family room. Here you’ll find a stunning brick fireplace and two sets of French doors, which lead out to the grand deck that spans the length of the house. There are also separate formal dining and living areas, each with grand bay windows to take full advantage of the beautiful views. The main bedroom suite is located on the first floor – perfect for one-floor living – and includes a walk-in closet and an en suite bathroom with a soaking tub. The second level includes three more spacious bedrooms and two full bathrooms. Additionally, there is a two-car garage with a loft that can be used for extra storage, a home office, or an artist’s studio. Outside, the level, professionally landscaped lot offers plenty of space. Enjoy the best of waterfront living, yet still close to all Main Street has to offer.

Year

Property tax

Land + Additions

Assessment*

2023

$12,438 (+1.8%)

$296,300 + $311,900

$608,200

2022

$12,213 (+0.2%)

$296,300 + $311,900

$608,200

2021

$12,194

$296,300 + $311,900

$608,200

2020

$12,194 (+1.5%)

$296,300 + $311,900

$608,200

2019

$12,012 (−9.8%)

$296,300 + $311,900

$608,200

2018

$13,318 (−0.3%)

$296,300 + $383,200

$679,500

2017

$13,359 (+2.1%)

$296,300 + $383,200

$679,500

2016

$13,087 (+4.1%)

$296,300 + $383,200

$679,500

2014

$12,571 (+1.3%)

$296,300 + $383,200

$679,500

2011

$12,406

$377,600 + $438,600

$816,200

Public record

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

0.54 Acres

Year renovated

—

Finished Sq. Ft.

2,734

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,734

Year built

1930

Style

Single Family Residential

County

Middlesex County

APN

1026899

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2023.

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

5/10 Heat Factor

7 days above 94° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

4/10 Air Factor

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

Provided by First Street

Historical weather

Old Saybrook, CT • 06475

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 29% for direct sun exposure in Old Saybrook. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.6 hrs

5.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 138 N Cove Rd

$1,961,529

$238K under list price of $2.20M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $840K to $1.6M.

SOLD SEP 4, 2026
$1,648,000 Last sold price
3 beds2.5 baths2,787 sq ft
5 Cove Lndg, Old Saybrook, CT 06475
$214/sq ft
smaller lot
57 years newer
SOLD APR 23, 2026
$1,425,000 Last sold price
3 beds3 baths2,560 sq ft
24 Church St, Old Saybrook, CT 06475
$248/sq ft
smaller lot
93 years newer
BOUGHT WITH REDFIN JUN 15, 2026
$935,000 Last sold price
4 beds3 baths2,516 sq ft
24 Cottage Pl, Old Saybrook, CT 06475
$433/sq ft
larger lot
30 years older
SOLD JUN 12, 2026
$1,510,000 Last sold price
3 beds2.5 baths2,821 sq ft
4 Sheffield Cove Rd, Old Saybrook, CT 06475
$270/sq ft
56 years newer
no basement
SOLD JAN 30, 2026
$840,000 Last sold price
5 beds3 baths2,898 sq ft
26 College St, Old Saybrook, CT 06475
$515/sq ft
larger lot
1 year older
SOLD JUN 30, 2026
$900,000 Last sold price
3 beds2.5 baths2,170 sq ft
129 Old Boston Post Rd, Old Saybrook, CT 06475
$390/sq ft
smaller lot
30 years older

Rental earnings

Est. $4,618 per month, based on comparable rentals

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Early Access listings

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EARLY ACCESSREDFIN COMING SOON

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Details provided by Smart MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 138 N Cove Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 138 N Cove Rd

Early Access listings

Nearby similar homes

New listings for sale in 06475

More real estate resources