28 Katherine Road, Old Lyme, CT, 06371 | $850,000

Marvel at this exquisite waterfront sanctuary nestled in Old Lyme! A stone-paved driveway welcomes you to meticulously landscaped grounds merging seamlessly with Duck Bay. This neighborhood offers access to Watch Rock Preserve, Duck Bay canoe launch, and Katherine Road's water access. Whether indoors or out, soak in the serene vistas from every angle. Step onto the expansive deck, ideal for basking in the sun, hosting lively gatherings, or sizzling up a storm on the grill. Inside, the open-concept layout exudes charm and sophistication. Windows flood the space with endless natural light and captivating views. Retreat to the first-floor master suite or accommodate guests in the equally inviting guest bedroom. A versatile full heated loft space and finished room above the detached garage offer additional flexibility for various needs. Embrace unobstructed views year-round, thanks to underground utilities, while a separate office/studio with its own entrance provides a serene workspace. Settle onto the vast deck and drink in the panoramic sights of the Connecticut River, Fenwick, and Long Island Sound on the horizon. Conveniently located near tennis courts, golf courses, marinas, farmers' markets, art galleries, restaurants and every day presents endless opportunities for exploration and enjoyment. And with New York and Boston just a two-hour drive away, this waterfront haven offers both seclusion and accessibility in equal measure.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Main Level
  • Style: Ranch
  • Year Built: 1960
  • Garage: 2-car Detached Garage
  • Heating: Wall Unit,Zoned
  • Cooling: Wall Unit,Zoned
  • Basement: Crawl Space,Hatchway Access,Interior Access
  • Above Grade Approx. Sq. Feet: 1,528
  • Acreage: 0.75
  • Est. Taxes: $6,143
  • Lot Desc: Level Lot,Professionally Landscaped,Water View
  • Water Front: Yes
  • Elem. School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Lyme-Old Lyme
  • Appliances: Oven/Range,Refrigerator,Washer,Dryer
  • MLS#: 170623921
  • Days on Market: 203 days
  • Website: https://www.raveis.com
    /eprop/170623921/28katherineroad_oldlyme_ct?source=qrflyer
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Room Information

Type Level
Bedroom 1 Main
Bedroom 2 Main
Bedroom 3 Main
Full Bath Main
Full Bath Main
Full Bath Main
Kitchen Main
Kitchen Main
Kitchen Main
Living Room Main
Living Room Main
Living Room Main
Primary Bath Main
Primary Bath Main
Primary Bath Main
Primary Bedroom Main
Primary Bedroom Main
Primary Bedroom Main

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Rose Maxfield, MBALuxury Properties Specialist

203.249.1868

Rose.Maxfield@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

28 Katherine Road, Old Lyme, CT, 06371

$850,000

Rose Maxfield, MBA

Luxury Properties Specialist

William Raveis Real Estate

Phone: 203.249.1868

Rose.Maxfield@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.664%
Monthly Tax Payment $512 $512 $512
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,132 $4,467 $5,924
Total Monthly Payment $4,736 $5,071 $6,528

* 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.