"The Shoreline Opportunity" MAXIMUM INVESTMENT: Potential for Two Separate 3-Bedroom Units Under CT-830G! When opportunity knocks, you take it! This is the premier development opportunity @ 284 Shore Road. The existing structure offers maximum future value as a single home or as two separate 3-bedroom residential units under the powerful CT-830G provisions (current septic in place), subject to approvals! The newer roof minimizes stress; a big ticket item is done. The current 3-bedroom apartment is partially cleared for immediate renovation, and the entire lower level is your blank canvas for conversion. Crucially, based on current septic allowance, the structure supports up to six bedrooms total! The property features separate utilities on 1st and 2nd floor if multi-family conversion is approved. The Location Defines the Lifestyle: You are directly across from the main public beach road and hold a permissible private boat mooring opportunity nearby! Enjoy this golf-cart-friendly neighborhood where sidewalk-lined streets provide ADA access all the way to the beach. Blocks away, find coastal shops, restaurants, and entertainment. Drive your golf cart to the beach for front-row parking. Nearby attractions include Rocky Neck State Park and the Connecticut River. Features include a large paved parking area and a newer 350 sq ft paver patio. Though the property needs investment, the potential for equity and coastal living is immense. Secure your Old Lyme investment and future
Under contract
$375,000
284 Shore Road, Old Lyme, CT 06371
0beds
0baths
1,980sqft
Est.:
Single Family Residence
Built in 1947
6,098.4 Square Feet Lot
$-- Zestimate®
$189/sqft
$-- HOA
What's special
Sidewalk-lined streetsLarge paved parking areaPrivate boat mooring opportunityNewer roof
- 54 days |
- 534 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 07:40am
Listed by:
Michael P. Barnes (860)304-0125,
Silver and Oak Realty 860-372-4666
Source: Smart MLS,MLS#: 24134499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Rooms
- Room types: Bonus Room
Bedroom
- Level: Upper
Heating
- Forced Air, Oil
Cooling
- None
Appliances
- Included: None, Electric Water Heater, Water Heater
- Laundry: Lower Level, Upper Level
Features
- Basement: None
- Attic: Storage,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
- Finished area above ground: 1,980
Property
Parking
- Total spaces: 10
- Parking features: None, Paved, Off Street
Features
- Patio & porch: Enclosed, Porch, Covered, Patio
- Exterior features: Balcony, Sidewalk, Rain Gutters
- Fencing: Partial
- Waterfront features: Walk to Water, Dock or Mooring, Access
Lot
- Size: 6,098.4 Square Feet
- Features: Level, Cleared
Details
- Parcel number: 1555619
- Zoning: C-10
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Shake Siding, Brick, Wood Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Bocci Court, Near Public Transport, Golf, Lake, Library, Park
- Subdivision: Sound View
HOA
- Has HOA: No
Location
- Region: Old Lyme
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $246,500
- Annual tax amount: $4,001
- Date on market: 10/18/2025
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2020 | Sold | $165,000-17.5%$83/sqft |
Source: Public Record Report a problem | ||
| 8/12/2019 | Sold | $200,000-4.8%$101/sqft |
Source: Public Record Report a problem | ||
| 10/2/2017 | Sold | $210,000+31.3%$106/sqft |
Source: Public Record Report a problem | ||
| 1/30/2002 | Sold | $160,000-24.5%$81/sqft |
Source: Public Record Report a problem | ||
| 2/1/1990 | Sold | $212,000$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,001 -30.1% | $246,500 +5.1% |
| 2024 | $5,722 +3.8% | $234,500 |
| 2023 | $5,511 | $234,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,505/mo
Principal & interest
$1855
Property taxes
$519
Home insurance
$131
Climate risks
Neighborhood: 06371
Nearby schools
GreatSchools rating
- 7/10Mile Creek SchoolGrades: K-5Distance: 0.5 mi
- 8/10Lyme-Old Lyme Middle SchoolGrades: 6-8Distance: 3.2 mi
- 8/10Lyme-Old Lyme High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Mile Creek
- 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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