Under contract

Price cut: $35.1K (9/9)

$299,900

111 Island Road, Killingly, CT 06241

3beds

1,282sqft

$2,151/mo

Get pre-qualified

Single Family Residence

Built in 1953

-- sqft lot

$294,600 Zestimate^®

$234/sqft

$-- HOA

What's special

Waterfront locationBrick fireplaceDirect lake frontageStone flooring

A rare opportunity to create your own waterfront retreat on Alexander's Lake. This 3-bedroom, 1-bath home offers 1,282 square feet of living space with direct lake frontage and a setting that's hard to beat. Inside, you'll find a spacious living area with a brick fireplace and stone flooring, along with a sunroom positioned to take in the water views. Step outside onto the large deck overlooking the lake, with direct access to the water just steps away. The home is ready for renovation, giving the next owner the opportunity to update the space while taking full advantage of its waterfront location. Spend your days kayaking, paddleboarding, fishing or boating on Alexander's Lake, where electric motors only are permitted. Property is located on LEASED LAND and sale is subject to Probate Court approval. A little work, a great setting, and plenty of potential-bring your vision and create your own place on the lake.

63 days
2,448
191

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Balcony/Deck, Sliders, Wall/Wall Carpet
Level: Main
Area: 170.61 Square Feet
Dimensions: 12.1 x 14.1

Bedroom

Features: Wall/Wall Carpet
Level: Main
Area: 148.84 Square Feet
Dimensions: 12.2 x 12.2

Bedroom

Features: Built-in Features, Ceiling Fan(s), Laminate Floor
Level: Main
Area: 71.61 Square Feet
Dimensions: 9.3 x 7.7

Bathroom

Features: Full Bath, Tub w/Shower, Tile Floor
Level: Main

Dining room

Features: Built-in Features, Slate Floor
Level: Main
Area: 152.55 Square Feet
Dimensions: 11.3 x 13.5

Kitchen

Features: Double-Sink, Tile Floor
Level: Main
Area: 110.67 Square Feet
Dimensions: 9.3 x 11.9

Living room

Features: Fireplace, French Doors, Slate Floor
Level: Main
Area: 238.87 Square Feet
Dimensions: 11.11 x 21.5

Sun room

Features: Balcony/Deck, French Doors, Wall/Wall Carpet
Level: Main

Heating

Hot Water, Oil

Cooling

Ceiling Fan(s), Window Unit(s)

Appliances

Included: Electric Range, Range Hood, Refrigerator, Water Heater, Tankless Water Heater

Features

Basement: None
Attic: Access Via Hatch
Number of fireplaces: 1

Interior area

Total structure area: 1,282
Total interior livable area: 1,282 sqft
Finished area above ground: 1,282

Property

Parking

Total spaces: 4
Parking features: Paved, Driveway
Has uncovered spaces: Yes

Features

Patio & porch: Deck
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront, Lake, Dock or Mooring, Water Community

Lot

Features: Few Trees, Sloped

Details

Additional structures: Shed(s)
Parcel number: 2442879
On leased land: Yes
Zoning: ALZ.L

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Concrete Perimeter, Slab
Roof: Shingle,Other

Condition

New construction: No
Year built: 1953

Utilities & green energy

Sewer: Public Sewer
Water: Well

Community & HOA

Community

Features: Golf, Health Club, Library, Medical Facilities, Park, Pool, Public Rec Facilities, Shopping/Mall
Subdivision: Dayville

HOA

Has HOA: No

Location

Region: Killingly

Financial & listing details

Price per square foot: $234/sqft
Tax assessed value: $131,250
Annual tax amount: $3,132
Date on market: 8/12/2026

Estimated market value

$294,600

$280,000 - $309,000

$2,231/mo

Price history

Date	Event	Price
9/24/2026	Pending sale	$299,900$234/sqft
Source: Smart MLS #24198542 Report a problem
9/9/2026	Price change	$299,900-10.5%$234/sqft
Source: Smart MLS #24198542 Report a problem
8/14/2026	Listed for sale	$335,000+365.3%$261/sqft
Source: Smart MLS #24198542 Report a problem
10/1/1993	Sold	$72,000$56/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,078 +6.2%	$131,250
2024	$2,897 -3.7%	$131,250 +25%
2023	$3,008 +6.4%	$105,000
2022	$2,826	$105,000
2021	$2,826 +2.2%	$105,000
2020	$2,766 -1.9%	$105,000
2019	$2,820 +23.1%	$105,000 +33.9%
2017	$2,290 -0.3%	$78,400
2015	$2,298 +2.8%	$78,400
2014	$2,235 +26.5%	$78,400 -1.5%
2013	$1,767 +4.7%	$79,590
2012	$1,687 +1.9%	$79,590
2011	$1,655 +5.3%	$79,590
2010	$1,572	$79,590
2009	$1,572 +10.9%	$79,590
2008	$1,417 -8.3%	$79,590 +42.1%
2007	$1,546	$56,000