Location, Location, Location. RARE OPPORTUNITY TO TEAR DOWN AND BUILD YOUR WATERFRONT BEACH HOME ON PLUM BANK ROAD! This year-round cottage is being sold “as is” with all of the contents remaining. Water frontage of 49 feet on Long Island Sound. Highly desirable and seldom available, this beachfront property, which has been in the same family for almost 50 years, is finally for sale! The house is considered a “tear-down” - the true value is in the .12 acres of waterfront land. The interior, exterior and structural repairs are too extensive and would exceed the FEMA 50% rule. Prime location benefiting from both sunrises and sunsets with amazing, panoramic views of Long Island Sound and the coastline. Ability to moor a boat or jet-skis. Old Saybrook, where the river meets the sound, is perfect for year-round living or for a shoreline retreat. Minutes to iconic Main Street. Near shopping, restaurants, marinas, health clubs, parks/playgrounds, etc. Only 2 hours from New York or Boston with easy access to highways and trains. Always dreamed of owning a waterfront property…Carpe Diem! The best memories of your life are at the shore - start building your beach house now! Also listed as land - MLS #17049058.
Single-familyProperty Type
1925Year Built
5,227 sq ftLot Size
$848Est. Price/Sq.Ft.
1 car garageParking
Listed by Sue Darmon• William Pitt Sotheby's Int'l
Bought with Sue Darmon• William Pitt Sotheby's Int'l
Source:Smart MLS #170489114
Redfin Estimate
$860,001
$285K since sold in June 2022$22K since August
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This home's estimate is 16.3% higher than the average sale price ($739K) of 6 comparable homes.