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Under contract
    • $989,000

    148 Old Colchester Road, Salem, CT 06420

    3beds
    2,379sqft
    : 
    Single Family Residence
    Built in 1987
    0.3 Acres Lot
    $-- Zestimate®
    $416/sqft
    $-- HOA

    What's special

    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!
    10 days
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    1,095
    |
    67
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    Zillow last checked:

    Listing updated:

    Listed by:

    Bowes Team at Re/Max on the Bay,

    Jodi B. Alberti (860)514-2374,

    RE/MAX on the Bay 860-739-0888

    Source: Smart MLS,MLS#: 24168633MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Cathedral Ceiling(s), Ceiling Fan(s), Hardwood Floor
      • Level: Upper
      • Area: 234 Square Feet
      • Dimensions: 13 x 18
      Bedroom
      • Features: Ceiling Fan(s), Wall/Wall Carpet
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 10 x 11
      Bedroom
      • Features: Skylight, Vaulted Ceiling(s), Built-in Features, Wall/Wall Carpet
      • Level: Upper
      • Area: 117 Square Feet
      • Dimensions: 9 x 13
      Bathroom
      • Features: Corian Counters, Tub w/Shower, Tile Floor
      • Level: Main
      • Area: 48 Square Feet
      • Dimensions: 6 x 8
      Bathroom
      • Features: Skylight, Hardwood Floor
      • Level: Upper
      • Area: 30 Square Feet
      • Dimensions: 5 x 6
      Bathroom
      • Features: Corian Counters, Stall Shower, Tile Floor
      • Level: Upper
      • Area: 64 Square Feet
      • Dimensions: 8 x 8
      Family room
      • Features: Balcony/Deck, Sliders, Tile Floor
      • Level: Lower
      • Area: 308 Square Feet
      • Dimensions: 14 x 22
      Kitchen
      • Features: Balcony/Deck, Hardwood Floor
      • Level: Main
      • Area: 273 Square Feet
      • Dimensions: 21 x 13
      Kitchen
      • Features: Breakfast Bar, Corian Counters, Hardwood Floor
      • Level: Upper
      Living room
      • Features: Balcony/Deck, Combination Liv/Din Rm, Hardwood Floor
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 13 x 11
      Media room
      • Features: Entertainment Center, Hardwood Floor
      • Level: Upper
      • Area: 493 Square Feet
      • Dimensions: 17 x 29
      Office
      • Features: Built-in Features, Hardwood Floor
      • Level: Upper
      • Area: 153 Square Feet
      • Dimensions: 9 x 17
      Other
      • Features: Skylight, Vaulted Ceiling(s), Built-in Features, Laundry Hookup
      • Level: Upper
      • Area: 72 Square Feet
      • Dimensions: 8 x 9
      Heating
      • Forced Air, Oil
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer, Electric Water Heater, Water Heater
      • Laundry: Upper Level
      Features
      • Central Vacuum, Open Floorplan, In-Law Floorplan
      • Basement: Partial,Full,Partially Finished,Walk-Out Access,Liveable Space
      • Attic: Access Via Hatch
      • Has fireplace: No
      Interior area
      • Total structure area: 2,379
      • Total interior livable area: 2,379 sqft
      • Finished area above ground: 2,379

      Property

      Parking
      • Total spaces: 6
      • Parking features: Detached, Off Street, Driveway, Garage Door Opener, Gravel
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck, Covered
      • Exterior features: Balcony, Rain Gutters, Lighting
      • Fencing: Partial
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront, Lake, Walk to Water, Dock or Mooring, Water Community, Access
      Lot
      • Size: 0.3 Acres
      • Features: Wooded, Level, Sloped, Cleared
      Details
      • Additional structures: Shed(s)
      • Parcel number: 1563959
      • Zoning: RU-A

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Lake, Park, Public Rec Facilities
      • Subdivision: Gardner Lake
      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $416/sqft
      • Tax assessed value: $374,600
      • Annual tax amount: $11,313
      • Date on market: 4/20/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/24/2026Pending sale$989,000$416/sqft
        Source: Smart MLS #24168633 Report a problem
        4/24/2026Listed for sale$989,000+25.2%$416/sqft
        Source: Smart MLS #24168633 Report a problem
        8/16/2024Sold$790,000-5.8%$332/sqft
        Source: Smart MLS #24019996 Report a problem
        7/19/2024Pending sale$839,000$353/sqft
        Source: Smart MLS #24019996 Report a problem
        7/3/2024Listed for sale$839,000-5.4%$353/sqft
        Source: Smart MLS #24019996 Report a problem
        6/9/2024Contingent$887,000$373/sqft
        Source: Berkshire Hathaway HomeServices New England Properties #24019996 Report a problem
        5/30/2024Listed for sale$887,000+148.1%$373/sqft
        Source: Smart MLS #24019996 Report a problem
        12/15/2016Sold$357,500-10.4%$150/sqft
        Source: Smart MLS #G10118847 Report a problem
        11/23/2016Pending sale$399,000$168/sqft
        Source: Reilly Real Estate,LLC #G10118847 Report a problem
        9/12/2016Price change$399,000-11.1%$168/sqft
        Source: Reilly Real Estate,LLC #G10118847 Report a problem
        8/18/2016Price change$449,000-9.3%$189/sqft
        Source: Reilly Real Estate,LLC #G10118847 Report a problem
        6/10/2016Price change$495,000-10%$208/sqft
        Source: Reilly Real Estate,LLC #G10118847 Report a problem
        3/22/2016Listed for sale$549,900+41%$231/sqft
        Source: Reilly Real Estate,LLC #G10118847 Report a problem
        3/9/2012Sold$390,000$164/sqft
        Source: Smart MLS #G612661 Report a problem
        2/1/2012Listed for sale$390,000+159.3%$164/sqft
        Source: Aspen Realty Group LLC #G612661 Report a problem
        9/17/1996Sold$150,400$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,313 +27.1%$374,600 +23.3%
        2024$8,904 +1.7%$303,900
        2023$8,752 $303,900
        2022$8,752 +3.8%$303,900 +16.1%
        2021$8,430 $261,800
        2020$8,430 $261,800
        2019$8,430 $261,800
        2018$8,430 $261,800
        2017$8,430 +25.6%$261,800 +23.7%
        2016$6,711 $211,700
        2015$6,711 +1.9%$211,700
        2014$6,584 +3.3%$211,700
        2013$6,372 +1.7%$211,700
        2012$6,266 -5.2%$211,700 -18.6%
        2011$6,609 $260,200
        2010$6,609 +9%$260,200
        2009$6,063 +2.4%$260,200
        2007$5,920 +79.3%$260,200 +150.2%
        2001$3,302 +49.3%$104,000 +23.4%
        1995$2,212 $84,280

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $6,256/mo
        Principal & interest
        $4888
        Property taxes
        $1368
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          Climate risks

          Neighborhood: 06420

          Getting around

          9 / 100
          Car-Dependent
          14 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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