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11 Smith Avenue, East Lyme (Niantic), CT, 06357 | $979,000
Location! Location! Location! Investors and buyers, here is your opportunity to own this thoughtfully renovated "multi-use" zoned (CB) property before the summer begins. Fondly known in Niantic Village as "The Bow House" restored to it's full New England charm, features numerous updates such as a new HVAC system, upgraded electrical service, added 1st floor washer/dryer, freshly painted inside and out, and much more. The detached two-car garage with an unfinished 24X17 studio/office space above offers a variety of potential future uses. Plenty of room to store a boat in the driveway and use the Niantic River ramp right next to the home. Stroll into town to enjoy dining, bakeries, shops, weekly farmers market, Niantic Play House, nearby beaches, Niantic Boardwalk, Charter Fishing Boats, Marina's and more. Enjoy second floor river and bay views without the need for flood insurance. Nestled between N. Y and Boston with that small coastal/seaside village feel, this home has been a successful Airbnb, therefore the majority of furnishings are included/negotiable in the sale. Nearby major employers include Pfizer, E. B, Coast Guard, L&M Hospital, etc. Don't miss this rare opportunity to own in this small popular town by the shore!(Cameras on premises) Price below top range of recent refi appraisal. Buyers must do their own due diligence with East Lyme Zoning Dept. Link below with regulations with regards to commercial use. https: //eltownhall. com/wp-content/uploads/2025/11/ZONING-REGULATIONS-of-November-14-2025. pdf
Features
- Town: East Lyme
- Rooms: 8
- Bedrooms: 3
- Baths: 3 full
- Laundry: Lower Level,Main Level
- Style: Cape Cod
- Year Built: 1987
- Garage: 2-car Detached Garage
- Heating: Hot Air
- Cooling: Ceiling Fans,Central Air
- Basement: Full,Full With Hatchway
- Above Grade Approx. Sq. Feet: 2,117
- Below Grade Approx. Sq. Feet: 1,176
- Acreage: 0.25
- Est. Taxes: $10,815
- Lot Desc: Fence - Wood,Fence - Privacy,Fence - Full,Corner Lot,Level Lot,Water View
- Elem. School: Per Board of Ed
- High School: East Lyme
- Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
- MLS#: 24160550
- Website: https://www.raveis.com
/prop/24160550/11smithavenue_eastlyme_ct?source=qrflyer
Listing courtesy of Berkshire Hathaway NE Prop. Phone: (860) 739-6666
Room Information
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Ceiling Fan,Hardwood Floor | 15.0 x 12.0 | Upper |
| Bedroom 2 | Ceiling Fan,Hardwood Floor | 10.0 x 10.0 | Upper |
| Dining Room | Hardwood Floor | 13.0 x 15.0 | Main |
| Eat-In Kitchen | Remodeled,Built-In Hutch,Quartz Counters,Dining Area,Eating Space | 13.3 x 21.0 | Main |
| Library | Book Shelves,Built-Ins,Ceiling Fan,Fireplace,Hardwood Floor | 9.3 x 14.0 | Main |
| Living Room | Ceiling Fan,Fireplace,Hardwood Floor | 11.0 x 17.0 | Main |
| Primary Bedroom | Skylight,Bedroom Suite,Dressing Room,Fireplace,Hardwood Floor | 15.0 x 22.0 | Upper |
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.
Customer Service
888.699.8876
Contact@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
- 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.
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
- 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
Robert ReadeInsurance Sales Director, William Raveis Insurance
860.690.5052
Robert.Reade@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
11 Smith Avenue, East Lyme (Niantic), CT, 06357
$979,000
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 | $783,200 | $783,200 | $783,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.806% |
| Monthly Tax Payment | $901 | $901 | $901 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,325 | $4,633 | $6,451 |
| Total Monthly Payment | $5,318 | $5,626 | $7,444 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524