$280,000
$320,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Swan Avenue Old Lyme, CT 06371
4 Beds
2 Baths
1,323 SqFt
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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Bought with Gregory E. Hanner • Garden Realty