$550,000 ($781.25 per sqft)
Under Contract - Continue to Show
Est. Mortgage $2,603/mo *
20 Stanhope Avenue, Old Lyme, CT, 06371
5 rooms
3 beds
1 Full baths
1940
Ranch
704 sqft
Escape to your own slice of coastal paradise with this charming seasonal beach cottage, nestled in the exclusive Point O' Woods private association. Just STEPS from the sandy shoreline, this quaint retreat offers a tranquil getaway only two hours from New York City. While the cottage needs some TLC and cosmetic updates, its unbeatable location and potential make it a true gem. The property comes with an additional lot, perfect for parking or expansion. Whether you're looking to create a cozy summer escape or a charming weekend retreat, this cottage offers endless possibilities. Short term rentals allowed which make this a great investment opportunity. Enjoy all the amenities of the private association, including a community atmosphere and unparalleled beach access at Point-O- Woods beach. As a bonus, you will have access to the exclusive Oakridge Beach directly across the street from the cottage which is limited to the residents of Stanhope Ave only. This house is sold as a package with the parcel located at 6 Hubbard Ave located across the street and currently used for parking and a shed. Don't miss your chance to own one of the last original cottages in the community! Professional pictures coming soon- buyer/ buyers agent to perform due diligence in regards to all info- this is an estate- to be sold as-is, no disclosures. contact town of Old Lyme regarding conversion to year round, building on adjacent lot
Status:
Under Contract - Continue to Show
Type:
Single-family residential
Zoning:
R-10
Heating:
No Heat
Cooling:
None
Basement:
None
Acreage:
0.07
Est. Taxes:
$6,966
Assessment
$285,500
Lot Description:
Water View
Elementary School:
Per Board of Ed
High School:
Lyme-Old Lyme
Days on Market:
25
Appliances:
Electric Range, Refrigerator
MLS #:
24041165
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Listing courtesy of Katie O'Neil, Tier 1 Real Estate Email: katieo@tier1realestate.com