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Sold for $540,000
  • $540,000

    42 Old Colony Road, Old Lyme, CT 06371

    2beds
    688sqft
    Single Family Residence
    Built in 1920
    2,613 Square Feet Lot
    $542,200 Zestimate®
    $785/sqft
    $2,156 Estimated rent

    Home value

    $542,200

    $499,000 - $591,000

    $2,156/mo

    Zestimate® history
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    What's special

    Absolutely everything has been done! This charming, fully furnished bungalow, in the heart of Old Colony's beach community was completely renovated in 2018, blending modern luxury with timeless coastal charm. The only original features remaining is the gorgeous refinished hardwood floors and the bead-board ceilings. Every square inch of this thoughtfully designed home exudes style and functionality, perfect for relaxed beachside living. The heart of the home is a chef's kitchen, boasting sleek shaker white cabinets, sparkling quartz countertops, a chic subway tile backsplash, and stainless steel appliances. Enjoy mornings at the cozy breakfast or coffee bar, while the open, airy layout flows seamlessly into the living room and inviting front sunroom. This versatile sunroom doubles as a dining area and cozy den, bathed in natural light-ideal for entertaining or unwinding. The fully remodeled bathroom features a modern shower stall and convenient stackable laundry area. Additional upgrades include a newer roof, vinyl replacement windows, ductless AC and heat, propane on-demand hot water, an outdoor shower, and updated interior/exterior doors with stylish lighting throughout. Host unforgettable summer gatherings on the expansive rear stone pebble patio, with ample storage in the outdoor shed. Just a short walk or golf cart ride to Old Colony Beach, the iconic Pavilion, Kokomo's restaurant, and the quaint shops and charm of Old Lyme. This home offers the ultimate coastal lifestyle. Gated private security in the summer provides peace of mind. Move-in ready and brimming with upgrades, this bungalow is your perfect seaside retreat!

    Zillow last checked:

    Listing updated:

    Listed by:

    Burgio Sousa Team at William Raveis Real Estate,

    Erik Sousa (860)983-0457,

    William Raveis Real Estate 860-521-4311

    Bought with:

    Omar Montalvo, RES.0814906

    William Raveis Real Estate

    Source: Smart MLS,MLS#: 24166277MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Remodeled, Ceiling Fan(s), Hardwood Floor
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Bedroom
    • Features: Remodeled, Ceiling Fan(s), Hardwood Floor
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Bathroom
    • Features: Remodeled, Stall Shower, Laundry Hookup, Tile Floor
    • Level: Main
    Kitchen
    • Features: Remodeled, Breakfast Bar, Quartz Counters, Tile Floor
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10 x 12
    Living room
    • Features: Remodeled, Hardwood Floor
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 10 x 14
    Sun room
    • Features: Remodeled, Ceiling Fan(s), Hardwood Floor
    • Level: Main
    • Area: 114 Square Feet
    • Dimensions: 6 x 19
    Heating
    • Heat Pump, Wall Unit, Electric
    Cooling
    • Ductless
    Appliances
    • Included: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer, Water Heater, Tankless Water Heater
    • Laundry: Main Level
    Features
    • Open Floorplan, Smart Thermostat
    • Windows: Thermopane Windows
    • Basement: None
    • Attic: Crawl Space,Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 688
    • Total interior livable area: 688 sqft
    • Finished area above ground: 688

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Unpaved
    Features
    • Patio & porch: Patio
    • Exterior features: Sidewalk, Rain Gutters
    • Waterfront features: Walk to Water, Beach Access, Association Required, Water Community
    Lot
    • Size: 2,613 Square Feet
    • Features: Level, Seasonal Property
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1555110
    • Zoning: R-10

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar, Pillar/Post/Pier
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available
    Green energy
    • Energy efficient items: Insulation, Windows

    Community & HOA

    Community
    • Subdivision: Old Colony Beach
    HOA
    • Has HOA: Yes
    • Amenities included: Security, Lake/Beach Access
    • Services included: Security, Trash, Snow Removal
    • HOA fee: $759 annually
    Location
    • Region: Old Lyme

    Financial & listing details

    • Price per square foot: $785/sqft
    • Tax assessed value: $309,900
    • Annual tax amount: $5,030
    • Date on market: 4/10/2026

    Price history

    DateEventPrice
    7/15/2026Sold$540,000-1.8%$785/sqft
    Source: Smart MLS #24166277 Report a problem
    6/9/2026Pending sale$550,000$799/sqft
    Source: Smart MLS #24166277 Report a problem
    5/28/2026Price change$550,000-4.3%$799/sqft
    Source: Smart MLS #24166277 Report a problem
    4/17/2026Listed for sale$575,000$836/sqft
    Source: Smart MLS #24166277 Report a problem
    9/23/2025Listing removed$575,000$836/sqft
    Source: Smart MLS #24120458 Report a problem
    9/3/2025Price change$575,000-4.2%$836/sqft
    Source: Smart MLS #24120458 Report a problem
    8/20/2025Listed for sale$600,000+164.3%$872/sqft
    Source: Smart MLS #24120458 Report a problem
    2/19/2014Sold$227,000-21.7%$330/sqft
    Source: Smart MLS #M9144528 Report a problem
    4/30/2008Sold$290,000$422/sqft
    Source: Smart MLS #M9109642 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,030 +23.7%$309,900 +86%
    2024$4,065 +3.8%$166,600
    2023$3,915 $166,600
    2022$3,915 +0.9%$166,600
    2021$3,882 +0.4%$166,600
    2020$3,865 +7.3%$166,600 +3.7%
    2019$3,601 +9%$160,700 +6.6%
    2018$3,304 +0.7%$150,800
    2017$3,280 +2.6%$150,800
    2016$3,197 +2.8%$150,800
    2015$3,109 $150,800
    Find assessor info on the county website

    Neighborhood: 06371

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mile Creek
    • Middle: Lyme-Old Lyme
    • High: Lyme-Old Lyme

    Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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