108 Sill Lane, Old Lyme (Sill Lane), CT, 06371 | $995,000

The iconic stone mill on Sill Lane is not only a centerpiece of the town’s history and architecture, but also featured in prominent works of art. Built in the early 1800’s, the Oliver Lay House on Upper Mill Pond is often depicted in paintings found in books and museums. The mill was fully operational up until the 1950’s at which time it was converted into a private residence. This unique property situated along a tributary of the CT river was purposefully built by the damn and pond which creates a backdrop that will delight any nature lover. With over 5, 000 sf of living space this home features 4 bedrooms, 4. 5 bathrooms, 4 fireplaces along with a garden level living area nestled along the banks of the waterfall. From the main entrance you are greeted by a 2 story grand foyer featuring a wrap around balcony walkway on the 2nd floor that is open to below. With 9’ ceilings throughout, the first floor features an expansive formal living room, formal dining room, ? bathroom and kitchen with a den perfect for reading or informal dining. Upstairs you will find 4 generously sized bedrooms all with attached or private bathrooms. With it’s picturesque landscape setting and historical significance, the mill on Sill Lane is a unique offering that will not disappoint. This is a rare opportunity to own a home that is not only a nature lover’s paradise and a piece of history, but also a living piece of art.

Features

  • Town: Old Lyme
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Lower Level
  • Style: Colonial,Other
  • Year Built: 1840
  • Garage: 2-car Detached Garage
  • Heating: Radiant,Radiator,Steam,Zoned
  • Cooling: None
  • Basement: Full With Walk-Out,Partially Finished,Concrete Floor,Liveable Space
  • Above Grade Approx. Sq. Feet: 5,283
  • Acreage: 2.17
  • Est. Taxes: $10,537
  • Lot Desc: Water View,Lightly Wooded
  • Water Front: Yes
  • Elem. School: Per Board of Ed
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme
  • Appliances: Electric Cooktop,Wall Oven,Dishwasher,Washer,Electric Dryer
  • MLS#: 170556287
  • Days on Market: 369 days
  • Website: https://www.raveis.com
    /eprop/170556287/108silllane_oldlyme_ct?source=qrflyer
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Listing courtesy of William Pitt Sotheby's Int'l

Room Information

Type DescriptionDimensionsLevel
Bedroom 1 9 ft+ Ceilings,Full Bath,Hardwood Floor15.4X9.3Upper
Bedroom 2 9 ft+ Ceilings,Hardwood Floor,Jack & Jill Bath17.9X11.1Upper
Bedroom 3 9 ft+ Ceilings,Fireplace,Jack & Jill Bath,Wall/Wall Carpet24.2X17.1Upper
Den 2 Story Window(s),9 ft+ Ceilings,Bay/Bow Window,Breakfast Bar,Built-In Hutch,Vinyl Floor10X21.1Main
Family Room Fireplace,Sliders,Wall/Wall Carpet15.4X23.2Lower
Formal Dining Room 9 ft+ Ceilings,Hardwood Floor25.3X11.5Main
Kitchen 9 ft+ Ceilings,Vinyl Floor11.3X21.8Main
Living Room 9 ft+ Ceilings,Fireplace,Hardwood Floor24.2X36Main
Other 13.3X17Lower
Primary Bedroom 9 ft+ Ceilings,Fireplace,Full Bath,Hardwood Floor24.2X17.8Upper

William Raveis Family of Services

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888.699.8876

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

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203.925.4590

For homebuyers and sellers, our Attorney Network:

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    requirements, sets up escrows and title insurance, coordinates closing documents
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108 Sill Lane, Old Lyme (Sill Lane), CT, 06371

$995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment $878 $878 $878
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,772 $5,163 $6,934
Total Monthly Payment $5,742 $6,133 $7,904

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.