NOMADEReal Estate

$825,000

Active

7 Silver Falls Road

East Lyme, Connecticut, 06333 · New London County

5

Beds

4

Baths

3,386

Sq Ft

1900

Built

MLS # 24186470

Price / Sq Ft

$244

Property Type

Multi-Family For Sale

Lot Size

2.37

Class

Property

About This Property

Discover a truly rare, multigenerational compound in East Lyme, situated on a sprawling 2.37-acre retreat along the scenic Latimer Brook. A configuration like this is virtually impossible to recreate, making it a once-in-a-lifetime opportunity for a family compound, investment property, or a peaceful private sanctuary. The property features a spacious 2,252-square-foot main house originally built in 1900, with 4 bedrooms, 3 full baths, and expanded as recently as 2004. Steps away sits a fully detached, 1,134-square-foot guest cottage/in-law ranch featuring 1 bedroom and 1 bath, boasting an effective build year of 2018 following a complete, top-to-bottom renovation. Adding immense value is a massive, versatile outbuilding complete with a workshop and garage space, perfect for entrepreneurs, hobbyists, or a home occupation. The expansive grounds, already featuring a chicken coop, a vegetable garden, established apple and pear trees, blueberry bushes, and raspberries, offer fantastic potential for a small homestead or hobby farm. Outside, the park-like acreage offers unparalleled tranquility, filled with the gentle, distant sounds of the active Silver Falls. Enjoy ultimate privacy with room to breathe, all while remaining minutes from East Lyme's coastal amenities, highways, and top-rated schools. Whether looking to house multiple generations separately, offset your mortgage with rental income, or find workspace to cultivate your passion, this unique country compound delivers.

Property Details

7 Silver Falls Road, East Lyme Connecticut 06333 — Multi-Family For Sale listed at $825,000.

At a Glance

5

Bedrooms

4

Bathrooms

3,386

Sq Ft

2.37

Lot Size

--

Garage

1900

Year Built

The Details

Property TypeMulti-Family For Sale
NeighborhoodNew London
Address7 Silver Falls Road
MLS Number24186470
Year Built1900
Square Footage3,386
Lot Size2.37
Bedrooms5
Bathrooms4
Water SourcePrivate Well

Property Details

Financial

Assessed Value381290
Mil Rate Total28.95
Property Tax10680
Tax YearJuly 2026-June 2027

Property Features

Attic DescriptionCrawl Space,Access Via Hatch
Attic YN1
Basement DescriptionFull,Full With Hatchway
Cooling SystemDuctless,Split System,Wall Unit
Driveway TypePaved,Unpaved,Asphalt,Gravel
Energy FeaturesActive Solar
Exterior FeaturesBarn,Gutters,Guest House,Hot Tub,Stone Wall,Patio
Exterior SidingShake,Cedar
Foundation TypeConcrete,Stone
Fuel Tank LocationIn Basement
Garage ParkingAttached Garage,Paved,Driveway,Unpaved
Garages Number1
Heat Fuel TypeElectric,Oil,Wood
Heat TypeBaseboard,Heat Pump,Wood/Coal Stove
Hot Water DescriptionOil,Electric,Upright Tank
Laundry Room InfoAll Units Have Hook-Ups
Laundry Room LocationMain house has 3 hookups. Cottage has 1
Roof InformationAsphalt Shingle

Other Details

ColorCedar Shake
Parcel Number1472289
Parking Total Spaces10
ZoningR40

All Photos (42)

MARKET CONTEXTEast Lyme
Town Median+109% vs list
$395,000
East Lyme, CT
Mill Rate
29.96
New London County
NYC Commute
145 min
Metro-North express
Schools
A-
1 graded
LOADING COMP CLOUD…

This listing is +109% vs the East Lyme median. Verify against same-school-district comps before competing offers.

Contact Amanda Gaudette

Fill out the form below and we will respond promptly.

Affordability Calculator

$825,000

Down Payment$165,000
Loan Amount$660,000
Principal & Interest$4,172/mo
Property Tax$825/mo
Insurance$100/mo
Est. Monthly$5,097/mo

Listing Agent

A

Amanda Gaudette

William Pitt Sotheby's Int'l

Quick Facts

StatusActive
TypeMulti-Family For Sale
ClassProperty
MLS #24186470
Last Updated2026-06-28