$1,200,000
OPEN SAT 10AM - 1PM

24-26 Lyme St Old Lyme, CT 06371

Estimated payment $7,013/month

Total Views 117,644
1 Bed
4 Baths
3,384 Sq Ft
$355 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • Hot Water Circulator
  • Mile Creek School Rated A
  • 2 Fireplaces
  • 1-minute walk to DEEP Marine Headquarters - Ferry Landing Park

About This Home

Don't miss this rare opportunity to own two well-maintained historic buildings in the heart of the Old Lyme Historic District! 24 & 26 Lyme Street are being sold together, offering a unique chance to invest in a high-visibility location within this charming New England village. * 24 Lyme Street (built in 1800) features 1,824 sq. ft. of retail and office space, ideal for business use or potential redevelopment. * 26 Lyme Street (built in 1750) offers 1,560 sq. ft., including a beautifully designed one-bedroom apartment on the second floor with a touch of Manhattan elegance. This property also boasts a working chimney, an updated foundation (1988), new beams, and stunning oak floors-a seamless blend of historic charm and modern enhancements. Located on picturesque Lyme Street, these properties are surrounded by shops, restaurants, churches, and beaches, making them ideal for investment, personal use, or conversion back into residential units. We encourage you to schedule a private showing so we can coordinate accordingly with the retail tenants. Come take a tour, explore the possibilities, and enjoy the fresh ocean air! Rent rolls and monthly operating costs are available upon request. Projected cap rate from previous rentals can be an estimated 8-9%

Listing Agent

Logan Hayes

NestSeekers International License #RES.0829484 Listed on: 03/19/2025

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,393

Year Built

  • Built in 1800

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned R-15

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,384 Sq Ft Home
  • 2 Fireplaces
  • Cooktop<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 1 Bedroom

Location

  • The property is located in a historic district

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator

Listing and Financial Details

  • Assessor Parcel Number 1553234

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,393

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3384
  • Total Sq Ft: 3384
  • Year Built: 1800
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: go to town hall and continue down the road
  • Living Area Sq Ft Per Public Record: 1824
  • Street Type: Street
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 2
  • Basement Description: None
  • Appliances: Cook Top
  • Attic: No
  • Street Number Modifier: 24-26
  • Other SqFt Description: both 24&26 Lyme Street

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Other
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Mile Creek
  • Middle School: Per Board of Ed
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 0.21
  • Lot Description: Historic District
  • Zoning: R-15
  • Parcel #: 1553234

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 4393
  • Total Assessed Value: 270700
  • Mil Rate Total: 16.23

MLS Schools

  • Elementary School: Mile Creek
  • Middle Jr High School: Per Board of Ed
  • High School: Lyme-Old Lyme

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 For Sale $1,200,000 -- $355 / Sq Ft
Source: SmartMLS

About the Listing Agent

Logan Hayes
Logan Hayes

NestSeekers International

(860) 579-1846

Section Image

Dedicated to serving the vibrant Connecticut real estate market, Logan Hayes, a Licensed Real Estate Salesperson, brings a unique perspective shaped by his background as a holistic critical care nurse. Prioritizing client needs above all else, he fosters trust and ensures a seamless experience for all involved. Committed to diligence, adaptation, and responsive market navigation, Logan stands by his promise to deliver excellence.

Inspired by his brother's success in Manhattan over the

View Logan's Profile

Logan's Other Listings

  • 1 Burr Rd, Old Lyme, CT 06371

    $3,400,000

    • Land
    • 85 Acres
    • $40,000 per Acre
    • 1 Burr Rd
    • Old Lyme, CT

    We are pleased to present an 85-acre tract of land located in Old Lyme, Connecticut. This property represents a significant opportunity in a coastal town known for its appeal. It is ideally situated between the Connecticut River and Long Island Sound, making it suitable for developers, investors, conservationists, or those interested in creating a private estate. The contiguous 85 acres primarily

    Logan Hayes NestSeekers International

    Section Image

Source: SmartMLS

MLS Number: 24083403

SmartMLS

Connecticut New London County Old Lyme 06371

24-26 Lyme St, Old Lyme, CT

This home is located at 24-26 Lyme St, Old Lyme, CT 06371 and is currently priced at $1,200,000, approximately $354 per square foot. This property was built in 1800. 24-26 Lyme St is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Logan Hayes
Logan Hayes
Listing Agent Section Image
NestSeekers International
(860) 579-1846