$1,195,000
UNDER CONTRACT $100K PRICE DROP

5 Clarks Ln Old Lyme, CT 06371

Estimated payment $7,798/month

Total Views 14,542
3 Beds
2.5 Baths
3,364 Sq Ft
$355 Price per Sq Ft

Highlights

  • Tennis Courts
  • 1.09 Acre Lot
  • Colonial Architecture
  • Mile Creek School Rated A
  • Open Floorplan
  • Attic

About This Home

This custom shingle style home tucked away on a pristine one acre setting in Talcott Farms has a wonderful open floor plan with rooms that flow together effortlessly. A gracious foyer is ideal for welcoming guests into the large Living Room with tray ceiling and wood burning fireplace. The adjoining formal Dining Room has sliders leading to a beautiful wrap around blue stone terrace surrounded by lawn and gardens. The Kitchen has a center island, two sinks, pantry closet, glass front cabinets and plenty of counter space for easy cooking and serving. The first floor ensuite Master situated at the far end of the house for privacy is accessed off the back hall that connects kitchen, den, laundry and two bay garage. Two nicely appointed guest rooms share a full bath on the second floor and all rooms enjoy great light and landscape views. A full basement and loft area over the garage provide plenty of valuable storage space. Talcott Farm residents enjoy the use of an association tennis court and dock on the Lieutenant River. Only two hours to NYC and Boston. Close to farmer's markets, museums, yoga, golf, sailing, paddle tennis, marinas, galleries, all forms of major transportation and healthcare.

Listing Agent

James Childs

William Pitt Sotheby's Int'l License #RES.0774148 Listed on: 05/06/2025

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,374

Year Built

  • Built in 1994

Lot Details

  • 1.09 Acre Lot
  • Sprinkler System
  • Garden
  • Property is zoned RU40

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Shingle Siding
  • Radon Mitigation System

Interior Spaces

  • 3,364 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Sitting Room
  • Home Security System

Kitchen

  • <<builtInOvenToken>>
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic
  • Unfinished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Tennis Courts
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Center Elementary School
  • Lyme-Old Lyme Middle School
  • Center Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Power Generator
  • Private Company Owned Well
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Listing and Financial Details

  • Exclusions: See Inc/Exc
  • Assessor Parcel Number 1551677

Community Details

Overview

  • Association fees include tennis
  • Talcott Farm Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,374

Year Built

Built in 1994

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3364
  • Total Sq Ft: 3364
  • Year Built: 1994
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Paddle Tennis, Stables/Riding, Tennis Courts
  • Association Amenities: Tennis Courts
  • Exclusions: See Inc/Exc
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: Yes
  • Directions: Talcott Farm to Clarks Lane.
  • Living Area Sq Ft Per Public Record: 3364
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Unfinished, Storage Space, Pull-Down Stairs
  • Basement Description: Full, Sump Pump, Storage, Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room, Sitting Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 5
  • Other SqFt Description: Town

Exterior Features

  • Exterior Features: Terrace, Tennis Court, Gutters, Garden Area, Lighting, French Doors, Underground Sprinkler
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Waterfront Description: Dock or Mooring Association Required
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone
  • Total Parking Spaces: 6
  • Garage And Parking: Attached Garage, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Tennis
  • HOA Fees: 2000
  • HOA Fee Frequency: Annually
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: Center
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme
  • Intermediate School: Center

Green Features

  • Energy Features: Generator, Thermopane Windows

Lot Info

  • Acres: 1.09
  • Lot Description: Interior Lot In Subdivision Lightly Wooded Level Lot On Cul-De-Sac Professionally Landscaped
  • Flood Zone: No
  • Zoning: RU40
  • Parcel #: 1551677

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 12374
  • Total Assessed Value: 762400
  • Mil Rate Total: 16.23

MLS Schools

  • Elementary School: Center
  • Middle Jr High School: Lyme-Old Lyme
  • 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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,875 $445,700 $181,100 $264,600
2023 $10,474 $445,700 $181,100 $264,600
2022 $10,474 $445,700 $181,100 $264,600
2021 $10,385 $445,700 $181,100 $264,600
2020 $10,340 $445,700 $181,100 $264,600
2019 $11,617 $518,400 $162,500 $355,900
2018 $11,358 $518,400 $162,500 $355,900
2017 $11,275 $518,400 $162,500 $355,900
2016 $10,990 $518,400 $162,500 $355,900
2015 $10,689 $518,400 $162,500 $355,900
2014 $10,807 $549,700 $162,500 $387,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $1,195,000 -7.7% $355 / Sq Ft
05/06/2025 05/06/25 For Sale $1,295,000 +102.3% $385 / Sq Ft
08/16/2018 08/16/18 Sold $640,000 +0.8% $190 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $635,000 -- $189 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Warranty Deed $640,000 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 No Value Available
Previous Owner $175,000 No Value Available
Previous Owner $175,000 No Value Available
Previous Owner $151,074 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24092183

SmartMLS

APN: OLYM-000021-000000-000027-000024