Listing courtesy of Michael Barnes (860) 304-0125, Silver and Oak Realty (860) 372-4666
284 Shore Road, Old Lyme, (Sound View), CT, 06371
5 rooms
0 beds
1947
Other
1,980 sqft
"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
Status:
Under Contract
Town:
Old Lyme
Type:
Single-family residential
Laundry Remarks:
Lower Level,Upper Level
Zoning:
C-10
Garage:
None, Paved, Off Street Parking
Heating:
Hot Air
Cooling:
None
Basement:
None
Parking:
10-car
Acreage:
0.14
Est. Taxes:
$4,001
Assessment
$246,500
Lot Description:
Fence - Partial,Level Lot,Cleared
Elementary School:
Mile Creek
Middle School:
Per Board of Ed
High School:
Lyme-Old Lyme
Days on Market:
41
Appliances:
None
MLS #:
24134499
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