Escape the every day at 55 Island Road - your private lakeside retreat on Alexander's Lake. Estate property, professionally cleaned out - ready to move right in. Built in 1985 with a brand-new oil tank, this Classic Cape needs cosmetic update - new floors, paint, maybe a kitchen refresh - gives 2,120 square feet of cozy without compromise. Two generous bedrooms, with the possibility of a third bedroom, two full baths, sunroom that spills light everywhere, and an enclosed porch perfect for coffee mornings. Step out to a deck and a sandy beach perfect for summer days spent swimming, boating, fishing and sunbathing. The garage fits two cars easily and an additional bay to store your boat. The real treat? Two lots, so you can garden or have a guest shed across the street. All on leased land - just $7,895.33 a year. You get waterfront without waterfront bills. Quiet cove views, ready for a dock, and that first cup of coffee sunrise. Leased land. Lease Expires on December 31, 2037.
For sale
$599,000
55 Island Road, Killingly, CT 06241
2beds
3,208sqft
Est.:
Single Family Residence
Built in 1985
-- sqft lot
$585,300 Zestimate®
$187/sqft
$-- HOA
What's special
Quiet cove viewsTwo generous bedrooms
- 13 days |
- 1,174 |
- 38 |
Zillow last checked: 8 hours ago
Listing updated: December 30, 2025 at 06:03am
Listed by:
Michelle L. Richardson (860)881-6260,
Kazantzis Real Estate, LLC 860-774-2733
Source: Smart MLS,MLS#: 24146191
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Upper
- Area: 264 Square Feet
- Dimensions: 12 x 22
Bedroom
- Level: Upper
- Area: 209 Square Feet
- Dimensions: 11 x 19
Dining room
- Features: French Doors
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14 x 11
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Living room
- Features: Built-in Features, Combination Liv/Din Rm, Wood Stove, Pellet Stove, French Doors
- Level: Main
Other
- Level: Main
- Area: 78 Square Feet
- Dimensions: 6 x 13
Heating
- Baseboard, Wood/Coal Stove, Oil, Wood, Other
Cooling
- None
Appliances
- Included: Electric Cooktop, Electric Range, Refrigerator, Electric Water Heater, Water Heater
- Laundry: Lower Level
Features
- Basement: Full,Storage Space,Walk-Out Access
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,208
- Total interior livable area: 3,208 sqft
- Finished area above ground: 2,120
- Finished area below ground: 1,088
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Patio & porch: Deck, Covered
- Exterior features: Stone Wall
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Lake, Beach
Lot
- Features: Secluded, In Flood Zone
Details
- Additional structures: Shed(s)
- Parcel number: 2442684
- On leased land: Yes
- Zoning: Residential on Leased Land
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Aluminum Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Library, Medical Facilities, Park, Playground, Private School(s), Shopping/Mall
- Subdivision: Alexander's Lake
HOA
- Has HOA: No
Location
- Region: Killingly
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $311,640
- Annual tax amount: $2,346
- Date on market: 12/28/2025
Estimated market value
$585,300
$556,000 - $615,000
$2,224/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/28/2025 | Listed for sale | $599,000$187/sqft |
Source:  Smart MLS #24146191 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,308 +6.3% | $311,640 |
| 2024 | $6,878 -4% | $311,640 +24.7% |
| 2023 | $7,162 +6.5% | $249,970 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,854/mo
Principal & interest
$2800
Property taxes
$844
Home insurance
$210
Climate risks
Neighborhood: 06241
Nearby schools
GreatSchools rating
- 4/10Killingly Intermediate SchoolGrades: 5-8Distance: 0.4 mi
- 4/10Killingly High SchoolGrades: 9-12Distance: 1.6 mi
- NAKillingly Central SchoolGrades: PK-1Distance: 1.1 mi
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