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Rare beachfront opportunity at 40 Pond Rd in Old Lyme featuring two homes on one lot with incredible views of Long Island Sound. This exclusive coastal property includes one beautifully remodeled home and one brand-new construction home nearing completion, offering exceptional flexibility for guests, rental potential, or multi-generational use. Designed with modern coastal living in mind, the new construction features sleek concrete floors, open floor plans, abundant natural light, stylish bathrooms, and seamless indoor-outdoor living. Enjoy breathtaking water views from the expansive beachside deck, perfect for relaxing, entertaining, and taking in the shoreline setting. A private exclusive mooring adds tremendous value for boating enthusiasts, with direct access to the water. A truly unique Long Island Sound beachfront compound combining modern design, luxury finishes, and an unmatched coastal lifestyle 365 days of the year.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Upper | |
| Bedroom 2 | Upper | |
| Bedroom 3 | 9 ft+ Ceilings,Full Bath,Concrete Floor | Upper |
| Bedroom 4 | Main | |
| Eat-In Kitchen | Main | |
| Eat-In Kitchen | Remodeled | Main |
| Full Bath | Lower | |
| Full Bath | Remodeled | Lower |
| Full Bath | Remodeled | Lower |
| Half Bath | Main | |
| Half Bath | Remodeled | Main |
| Kitchen | Granite Counters,Dining Area,Island,Hardwood Floor | Main |
| Kitchen | Remodeled,9 ft+ Ceilings,Quartz Counters,Dining Area,Island,Concrete Floor | Main |
| Living Room | Balcony/Deck,Ceiling Fan,Combination Liv/Din Rm,Hardwood Floor | Main |
| Living Room | 9 ft+ Ceilings,Patio/Terrace,Sliders,Concrete Floor | Main |
| Primary Bedroom | Cathedral Ceiling,Ceiling Fan | Upper |
| Primary Bedroom | Remodeled,9 ft+ Ceilings,Full Bath,Concrete Floor | Upper |
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.
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For homebuyers and sellers, our Attorney Network:
$4,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,360,000 | $3,360,000 | $3,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,486 | $1,486 | $1,486 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,815 | $20,416 | $28,127 |
| Total Monthly Payment | $20,426 | $22,027 | $29,738 |
* 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.