Skip main navigation
Sold for $545,000 on 01/05/24
  • $545,000

    5 Swan Avenue, Old Lyme, CT 06371

    4beds
    1,323sqft
    Single Family Residence
    Built in 1940
    7,840.8 Square Feet Lot
    $661,200 Zestimate®
    $412/sqft
    $3,313 Estimated rent

    Home value

    $661,200

    $608,000 - $727,000

    $3,313/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $3,313/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,313/mo

    Rent Zestimate®

    Refinance and save

    $3,633/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,633/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    YBS2 is a unique property with a lot of character and charm. Whether you’re in the market for a private family beach house or an investment rental to generate additional income, then this property is worth looking at. Occupancy for 11 adults comfortably and parking for 12 + cars, which both are extremely difficult to find in the Soundview Beach Area. Parking is absolutely essential and as well as very scarce in this area when trying to accommodate guests. YBS2 has been tastefully decorated and boasts brand new beds, brand new bedding and all the associated items needed to operate a very successful vacation rental. YBS2 is an absolute earner with weekly rentals of $3000 per week on average. A few mins walking distance to Soundview Beach and Miami Beach as well as all the Soundview Amenities such as Pavilion, Kokomos, Carousel, Ice Cream, Candy Shop, Salty Monkey, and so on. This is a 100% turnkey, move right in or immediately start renting and producing positive cash flow. Everything you see will convey. Roof was installed brand new in April. The Main floor has a living room/kitchen with beautiful built-in shelves and an extensive library for those wanting some reading materials as well as HDTV and WI-FI. Large Kitchen to cook all your meals as well as a bedroom with Twin Adult Bunk Beds and a Full Bath with a Stand-up Shower. The utility closet is locked as that houses the hot water heater and all our supplies and linens for all our VRBO guests. The upper floor has a Master Bedroom with a Queen Bed, sliders to the 19’ deck as well as a Twin Sofa Bed. The 2nd upstairs bedroom has a full bed, and the 3rd bedroom has 2 full beds and a full bathroom with Tub & Shower off main hallway. The rear of the house has a large patio with table and seating for 6 as well as a BBQ gas grill and a gas heat lamp. Outside Shower for rinsing off and a 2nd storage utility room. Then there is the game cabana that hosts all sorts of water sports such as paddle boards, kayaks, tide boards, Pin Pong Table, Corn Hole and many more games to keep everyone of all ages happy. Everything you see is included in the sale and will be ready to earn. Currently we utilize the property as seasonal, but the new owners could utilize it for academic as well. We do have rentals on the calendar for August. Listing Agent is Owner and is also offering Owner Financing. Home is being SOLD AS IS!

    Zillow last checked: 8 hours ago

    Listing updated: January 06, 2024 at 09:14pm

    Listed by:

    Jack D. Pragosa 860-559-5772,

    Agnelli Real Estate 860-633-4000

    Bought with:

    Cheryl A. Keithan, RES.0002510

    Coldwell Banker Realty

    Source: Smart MLS,MLS#: 170586438MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Features: Stall Shower, Vinyl Floor
    • Level: Main
    Bedroom
    • Features: Remodeled, 2 Story Window(s), Vinyl Floor
    • Level: Upper
    Bedroom
    • Features: Vinyl Floor
    • Level: Upper
    Bedroom
    • Features: Vinyl Floor
    • Level: Upper
    Bathroom
    • Features: Full Bath
    • Level: Main
    Bathroom
    • Features: Full Bath
    • Level: Upper
    Dining room
    • Features: Vinyl Floor
    • Level: Main
    Kitchen
    • Features: Remodeled, Vinyl Floor
    • Level: Main
    Living room
    • Features: Remodeled, Bookcases, Built-in Features, Combination Liv/Din Rm, Vinyl Floor
    • Level: Main
    Other
    • Features: Dressing Room
    • Level: Other
    Other
    • Level: Main
    Heating
    • Baseboard, Electric
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Electric Cooktop, Electric Range, Oven/Range, Microwave, Refrigerator, Water Heater
    • Laundry: Main Level, Upper Level
    Features
    • Basement: Crawl Space,Dirt Floor
    • Attic: Access Via Hatch,Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,323
    • Total interior livable area: 1,323 sqft
    • Finished area above ground: 1,323

    Property

    Parking
    • Total spaces: 12
    • Parking features: Off Street, Other, Private, Driveway, Gravel
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 32" Minimum Door Widths
    Features
    • Patio & porch: Deck
    • Exterior features: Balcony, Outdoor Grill, Rain Gutters, Lighting
    • Waterfront features: Beach Access, Walk to Water
    Lot
    • Size: 7,840 sqft
    • Features: Dry, Cleared, Secluded, Level, Few Trees, Landscaped
    Details
    • Additional structures: Cabana
    • Parcel number: 1555496
    • Zoning: R-10

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block, None
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Security System
    Community
    • Community features: Bocci Court, Lake, Library, Near Public Transport
    Location
    • Region: Old Lyme
    • Subdivision: Sound View

    Price history

    DateEventPrice
    1/5/2024Sold$545,000+3.8%$412/sqft
    Source: Smart MLS #170586438
    11/15/2023Pending sale$525,000$397/sqft
    Source: Smart MLS #170586438
    9/8/2023Contingent$525,000$397/sqft
    Source: Smart MLS #170586438
    7/24/2023Listed for sale$525,000+87.5%$397/sqft
    Source: Smart MLS #170586438
    11/3/2021Sold$280,000-12.5%$212/sqft
    Source: Smart MLS #170435155

    Public tax history

    YearProperty taxesTax assessment
    2025$5,560 +21.3%$342,600 +82.3%
    2024$4,585 +3.8%$187,900
    2023$4,416 $187,900

    Find assessor info on the county website

    Neighborhood: 06371

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $661,200
    2% more+ $13,224
    With Zillow Showcase(estimated)
    $674,424