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For sale
  • Price cut: $50K (10/20)
    $270,000

    7 Katherine Road, Old Lyme, CT 06371

    2beds
    684sqft
    : 
    Single Family Residence
    Built in 1950
    10,018.8 Square Feet Lot
    $-- Zestimate®
    $395/sqft
    $-- HOA

    What's special

    Charming 2-Bedroom Home in Prime Location - Priced to Sell! This 2-bedroom, 1-bath home offers an incredible opportunity to own in a desirable area just a short walk from the water, golf course, and tennis courts. Whether you're looking for a vacation retreat, investment property, or year-round residence, this location can't be beat. The home does need some TLC, including work on the septic and plumbing systems-perfect for someone ready to roll up their sleeves and bring their vision to life. If you've been searching for an affordable property in a sought-after neighborhood, this is your chance! Property is Selling AS-IS, Where Is.
    108 days
    |
    2,195
    |
    66
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 20, 2025 at 08:36am

    Listed by:

    Next Level Team of RE/MAX One,

    Ishanna Codd (912)577-2222,

    RE/MAX One 860-444-7362

    Source: Smart MLS,MLS#: 24120642MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom
    • Level: Main
    Dining room
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Gas on Gas
    Cooling
    • None
    Appliances
    • Included: Gas Cooktop, Refrigerator, Water Heater
    Features
    • Wired for Data
    • Basement: Crawl Space,Dirt Floor
    • Attic: Access Via Hatch
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 684
    • Total interior livable area: 684 sqft
    • Finished area above ground: 684

    Property

    Parking
    • Total spaces: 2
    • Parking features: None, Driveway
    • Has uncovered spaces: Yes
    Features
    • Waterfront features: Walk to Water
    Lot
    • Size: 10,018.8 Square Feet
    • Features: Level, In Flood Zone
    Details
    • Parcel number: 1552838
    • Zoning: R-10

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cottage
    • Property subtype: Single Family Residence
    Materials
    • Clapboard
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Features: Golf, Tennis Court(s)
    HOA
    • Has HOA: No
    Location
    • Region: Old Lyme

    Financial & listing details

    • Price per square foot: $395/sqft
    • Tax assessed value: $172,100
    • Annual tax amount: $2,793
    • Date on market: 8/24/2025
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    10/20/2025Price change$270,000-15.6%$395/sqft
    Source: Smart MLS #24120642 Report a problem
    8/24/2025Listed for sale$320,000$468/sqft
    Source: Smart MLS #24120642 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$2,793 +11.7%$172,100 +67.9%
    2024$2,501 +3.8%$102,500
    2023$2,409 $102,500

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,801/mo
    Principal & interest
    $1332
    Property taxes
    $374
    Home insurance
    $95

      Climate risks

      Neighborhood: 06371

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Center
      • 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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