60 Lyme Street - Old Lyme, CT

$1,395,000

Beds

3.00

Baths

3,113

SqFt

1.11

Acres

Pricing Insight: Originally listed for $1,350,000, the price was last adjusted to $1,395,000 on January 30, 2026, a +$45,000 (3.3%) change, approximately 0 days ago. This property has been on the market for approximately 49 days.

60 Lyme Street, Old Lyme, CT is a 3-bed, 3-bath, 3,113 square foot home built in 1875 , featuring colonial,antique architecture. This home is part of a homeowners association, with dues of $300 paid annually. The HOA fee includes: insurance and taxes.

This home is within the Old Lyme school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24144694

Offered Price: $1,395,000

Residence Type: Single Family

Architectural Style: Colonial,Antique

Living Area: 3,113 Sq. Ft.

Lot Size: 1.11 Acres

Neighborhood: N/A

County: New London

Year Built: 1875

Design & Construction: Frame

Heating: Hot Air

Cooling: Central Air

Garage Spaces: 1

Price per Sq Ft as listed: $448

Estimated Tax: $10,452

Days on Market: 49

$550,000

2 Beds · 2 Baths · 2,548 Sq Ft

34 Lyme Street, Old Lyme

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Oil

Fuel Type: Hot Air

Fuel Tank Location: In Basement

Cooling System: Central Air

Hot Water System: Electric, Domestic

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $448 / Sq. Ft.

Tax assessed value: $644,000

Estimated Tax: $10,452

Architectural Style: Colonial,Antique

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1875

Living Area: 3,113 Sq. Ft.

Lot Size: 1.11 Acres

Fuel: Oil

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in Old Lyme
Statistical modeling algorithms

Local Market Context

Active Listings: 34

Average Price: $762,897

Average DOM: 49 days

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Discover the enchantment of this historic Old Lyme Village landmark, originally established in 1897 as the former James Bugbee Store, and thoughtfully preserved as an iconic presence in the community since 1987. Rich in heritage and brimming with opportunity, this distinctive property offers a rare blend of historic charm, architectural character, and versatile use for both residential and commercial purposes. Set on an expansive parcel within the Turtle Fields Association, the property enjoys shared dock access to the Lieutenant River, creating a coveted connection to Old Lyme's natural beauty and waterfront lifestyle. The grounds include three barns, a storage shed, and a generous yard, offering exceptional flexibility for a variety of uses. Architectural details reflective of its 1897 origins provide a sense of timelessness, while the open interior layout presents a blank canvas ready for thoughtful restoration or reimagining. Zoning allows for residential and/or commercial use, making this an ideal opportunity for a private residence, live/work concept, professional office, boutique retail, gallery space, or specialty business. Located in the heart of Old Lyme Village, this prime setting offers a charming, community-focused atmosphere just moments from renowned local attractions including the Lyme Art Association, Florence Griswold Museum, Old Lyme Inn, and easy access to the scenic Connecticut River and Long Island Sound.

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain • 1.1 acres

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

34

Homes For Sale

$762,897

Average List Price

Mechanicals & Utilities: Hot Air • Oil • Central Air • Private Well water

Exterior Features

Exterior Construction: Clapboard,Vinyl Siding

Roof Type: Asphalt Shingle,Gable

Foundation: Concrete,Stone

Driveway: Circular,Asphalt

Garage: Barn,Detached Garage,Paved,Driveway (1 car)

Parking: 6 Total

Patio/Deck: Shed,Barn,Deck,Stone Wall,French Doors

Utilities: Water: Private Well

Outbuildings: Shed,Barn,Deck,Stone Wall,French Doors

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Steve Simos

Real Estate Advisor

Old Lyme • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

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(800) 555-0003

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60 Lyme Street, Old Lyme, Connecticut

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