Old Lyme, CT 06371,5 Swan Avenue

$280,000

Est. payment /mo

$320,000

12.5%
Est.Price: ?

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5 Swan Avenue Old Lyme, CT 06371

4 Beds

2 Baths

1,323 SqFt

SOLD DATE : 11/03/2021

Key Details

Sold Price $280,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,323 sqft

Price per Sqft $211

MLS Listing ID 170435155

Sold Date 11/03/21

Style Colonial

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1940

Annual Tax Amount $4,378

Lot Size 7,840 Sqft

Property Description

>>> Take a 3D Tour OR Enjoy a Video Walkthrough <<< RARE OPPORTUNITY - Have you been looking for an Old Lyme beach home that has larger than a postage stamp lot with limited parking? Here it is! This 2-Story 4BR, 1.5 Bath home is on an oversized lot that's NOT in the nearby flood zone PLUS it has a "Honeymoon Cottage" structure that has so much potential with Sound View beach access. The current R-10 zoning rules won't allow you to build a home this tall anymore! If you want more when sewers are installed, you may be able to preserve the non-conformity in terms of the height/coverage and build a single larger structure (with a full basement after sewers are installed) OR you can just renovate what currently exists. There is no basement as both structures are on piers with crawlspaces. The lawn area to the right of the "Honeymoon Cottage" is where the septic leaching system is located and that provides plenty of parking. Since this home has not been used by the Sellers in 10 years, the sale is "As-Is" and the power is off. The roof has architectural shingles. The condition of the plumbing is unknown. The electric heat worked fine 10 years ago. The property is referenced as 5 Swan Avenue on the Old Lyme land records (no longer 5-7 Swan Ave). Sound View Beach, America's First Public Beach, established 1892 - is a 100-foot section of public beach. Golf Carts must be registered with the Sound View Commission, Town of Old Lyme and are subject to special use regulations.

Location

State CT

County New London

Zoning R-10

Rooms

Basement Crawl Space, Dirt Floor, None

Interior

Heating Baseboard

Cooling Ceiling Fans

Exterior

Exterior Feature Balcony, Guest House, Gutters, Shed

Parking Features Unpaved, Off Street Parking

Waterfront Description Access,Association Optional,Beach Rights,Walk to Water

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Block, None

Sewer Septic

Water Private Well

Schools

Elementary Schools Per Board Of Ed

High Schools Lyme-Old Lyme

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Listed by Gregory E. Hanner • Garden Realty
Bought with Gregory E. Hanner • Garden Realty

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

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