$375,000

284 Shore Road, Old Lyme, CT 06371

  • 1,980 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $189/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

"The Shoreline Opportunity" MAXIMUM INVESTMENT: Potential for Two Separate 3-Bedroom Units Under CT-830G! When opportunity knocks, you take it! This is the premier development opportunity @ 284 Shore Road. The existing structure offers maximum future value as a single home or as two separate 3-bedroom residential units under the powerful CT-830G provisions (current septic in place), subject to approvals! The newer roof minimizes stress; a big ticket item is done. The current 3-bedroom apartment is partially cleared for immediate renovation, and the entire lower level is your blank canvas for conversion. Crucially, based on current septic allowance, the structure supports up to six bedrooms total! The property features separate utilities on 1st and 2nd floor if multi-family conversion is approved. The Location Defines the Lifestyle: You are directly across from the main public beach road and hold a permissible private boat mooring opportunity nearby! Enjoy this golf-cart-friendly neighborhood where sidewalk-lined streets provide ADA access all the way to the beach. Blocks away, find coastal shops, restaurants, and entertainment. Drive your golf cart to the beach for front-row parking. Nearby attractions include Rocky Neck State Park and the Connecticut River. Features include a large paved parking area and a newer 350 sq ft paver patio. Though the property needs investment, the potential for equity and coastal living is immense. Secure your Old Lyme investment and future

Listing Status:
Active
Date Added:
October 18, 2025 at 05:28AM
Listing Office:
Silver and Oak Realty : (860) 372-4666
Listing Agent:
Michael Barnes : (860) 304-0125
MLS ID:
24134499
  • Rooms: Bonus Room
  • Appliances: None
  • Laundry: Lower LevelUpper Level
  • Basement: None
  • A/C: None
  • Heating: Hot AirOil
  • Fireplace: Fireplaces: 0
  • General: Porch-EnclosedBalconySidewalkPorchGuttersCovered DeckPatio
  • Style: Other
  • Parking: Parking spaces: 10
  • Roofing: Asphalt Shingle
  • County: New London
  • Zoning: C-101555619
  • Water: Public Water Connected
  • Sewer: Septic

This listing courtesy of Michael Barnes, Silver and Oak Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mile Creek School

205 Mile Creek Rd, Old Lyme, CT, 06371

Grades KG-5

0.48 miles away

L

Lyme - Old Lyme Middle School

53 Lyme St, Old Lyme, CT, 06371

Grades 6-8

3.25 miles away

L

Lyme - Old Lyme High School

69 Lyme St, Old Lyme, CT, 06371

Grades 9-12

3.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.