Set along the shores of Gardner Lake, this exceptional lakefront property offers a rare opportunity to experience true waterfront living from all three levels of the home, four levels if you count your private beach and dock! Whether you're searching for a year-round residence, a private lakefront escape, or a property with income-generating potential, this offering adapts to a variety of lifestyles. The 2,379 square foot property that features 3 bedrooms and 2.5 bathrooms currently operates as a highly successful Airbnb with 5-star reviews offering strong income potential. The primary residence is thoughtfully designed with a treehouse-style layout that captures sweeping, panoramic lake views on each floor. The primary suite is a true standout, perched high above the lake with a full wall of floor-to-ceiling windows, offering breathtaking views. Skylights throughout the upper level further enhance the bright, airy feel of the home. The main living area offers an open and inviting layout with an eat-in kitchen, dining and living room, equipped with a wi-fi refrigerator and state-of-the-art Wolf induction stove. Owner has replaced air conditioning and water heaters for both buildings. Step outside to your private waterfront retreat, complete with a beautifully crafted teak dock, perfect for launching kayaks and canoes, fishing, or simply enjoying the peaceful surroundings. Swim, boat, and unwind just outside your door.
The detached second structure features three garage doors, a Tesla charger, a versatile upper-level in-law apartment with a home theater, full bath and flexible living space. The garagespace offer endless possibilities for entertaining, guest accommodations, or flexible use. The garage area can easily be converted back to a more traditional configuration if desired. Come enjoy what lake life has to offer!
Est. $2,468 per month, based on comparable rentals
Sale and tax history for 148 Old Colchester Rd
Sale History
Tax History
Date
Event
Price
Smart MLS #24168633
May 4, 2026
Sold
$1,000,000
$420/sq ft
Apr 24, 2026
Pending
—
Apr 24, 2026
Listed
$989,000
$416/sq ft
Apr 20, 2026
Coming Soon
$989,000
$416/sq ft
Smart MLS #24019996
Aug 16, 2024
Sold
$790,000
$332/sq ft
Jul 19, 2024
Pending
—
Jul 2, 2024
Price Changed
$839,000
$353/sq ft
Jul 2, 2024
Relisted
—
Jun 9, 2024
Contingent
—
May 30, 2024
Listed
$887,000
$373/sq ft
A once-in-a-generation opportunity. Enjoy the best views on Gardner Lake from your year-round waterfront home! The sale includes a second building with elegant living space above an oversized two-car garage. The principal residence features interesting "Treehouse Architecture" designed to capture the sweeping lakefront views from all three stories. You will love the primary bedroom sitting high above the lake with an entire wall of glass! The main floor boasts an open living room, dining and kitchen with new high-tech appliances installed by the current owner (including a state-of-the-art Wolf induction stove and a wi-fi refrigerator!). Hardwood floors! The lower level provides finished living space with sweeping water views from glass doors and a wood stove to reduce heating costs. The second structure offers 3 garage doors, a Tesla charging station, and large deck. The garage's elegant second-floor living space includes a kitchen, full bathroom, bonus room, and flex room with water views! The home theatre system in the bonus room is included in the sale. Stairs connect two waterfront decks to your private waterfront area. You will love the newly finished 30-foot teakwood dock. Boat included. Gardner Lake is a peaceful 528-acre spring-fed lake located in Southeast CT. Enjoy swimming, boating, and fishing directly from your private waterfront. Very convenient, only 15 miles to the Long Island Sound, 8 miles to I-395 and Mohegan Sun Casino. A rare find! Please visit today
Smart MLS #G10118847
Dec 15, 2016
Sold
$357,500
$150/sq ft
Mar 22, 2016
Listed
$399,000
$168/sq ft
Rare find, Direct waterfront on beautiful Gardener Lake! Gorgeous views of one of the most beautiful lakes in CT. Many recent updates, new 30' teak floating dock, new trex decking, partial new roof, new siding, many new windows and doors, central air, central vac. This home is unique and private with a 3-car heated garage with finished space above as nice as the house currently used as an office.
Public Records
Mar 12, 2012
Sold
$390,000
$164/sq ft
Smart MLS #G612661
Jan 31, 2012
Listed
$390,000
$164/sq ft
Public Records
Sep 17, 1996
Sold
$150,400
$63/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$8,752 (+3.8%)
$124,800 + $179,100
$303,900
2021
$8,430
$108,900 + $152,900
$261,800
2020
$8,430
$108,900 + $152,900
$261,800
2019
$8,430
$108,900 + $152,900
$261,800
2018
$8,430
$108,900 + $152,900
$261,800
2017
$8,430 (+25.6%)
$108,900 + $152,900
$261,800
2016
$6,711 (+1.9%)
$113,000 + $98,700
$211,700
2014
$6,584 (+3.3%)
$113,000 + $98,700
$211,700
2012
$6,372
$113,000 + $98,700
$211,700
Public record
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
—
Sq. Ft.
1,260
Year built
1987
Style
Single Family Residential
County
New London County
APN
1563959
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2023.
Property details
Parking
Garage Information
Garage & Parking: Detached Garage, Off Street Parking, Driveway
Garages Number: 2
Parking Information
Parking Total Spaces: 6
Interior
Interior Information
Total Rooms: 6
Laundry Room Location: In small room near primary bedroom
Laundry Room Info: Upper Level
Interior Features: Auto Garage Door Opener, Cable - Available, Central Vacuum, Open Floor Plan
Lot Description: Fence - Partial, Treed, Level Lot, Sloping Lot, Cleared, Water View
Building Information
Foundation Type: Concrete
Construction Description: Frame
Color: Grey Blue
Property Information
Waterfront Description: Lake, Walk to Water, Dock or Mooring, Water Community, View, Access
Property Type: Single Family For Sale
Living Area SQFT Per Public Record: 0
Driveway Type: Gravel
Financial
Assessments Information
Assessed Value: $374,600
Utilities
Utility Information
Water Source: Private Well
Sewage System: Septic
Hot Water Description: Electric, Domestic
Heat Type: Hot Air
Heat Fuel Type: Oil
Fuel Tank Location: In Basement
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Nearby Amenities: Lake, Park, Public Rec Facilities
Directions: GPS available. Home is located on a shared driveway see #148 on tree and take a right off of Old Colchester Road. Follow driveway down and then take a right, home is on your left hand side.
Direct Waterfront
County: New London
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,260
Stories: 2.0
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: —
County: New London County
APN: 1563959
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 2
Around this home
Schools
Salem Elementary School
Public PreK-8 • Assigned • 2.4mi
6/10
East Lyme High School
Public 9-12 • Assigned • 9.2mi
9/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
6/10 Wind Factor
63% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Salem, CT • 06420
Average low and high temperatures (°F)
34
19
37
21
51
32
60
41
68
50
79
59
83
65
80
57
74
55
65
44
53
36
39
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$865,000 – $1.05M
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