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Welcome to 198 Grassy Hill Rd. East Lyme! Tucked away on 1. 84 private acres abutting scenic Nehantic State Forest, this spacious 3, 400+ sq. ft. home offers a peaceful setting with direct access to trails for hiking, biking, and horseback riding. A covered front porch welcomes you into the inviting family room featuring a stunning stone fireplace and adjoining dining area, creating a warm and functional gathering space. The kitchen offers an eat-in area, separate staircase access, and doors leading to the rear deck for easy indoor-outdoor living. The formal living room includes a second fireplace, staircase access to the upper level, and entry to the enclosed sunporch overlooking the private backyard. A full bath completes the main level. Upstairs you'll find 5 generously sized bedrooms, 2 full baths, and a convenient second-floor laundry area. The spacious primary suite features three closets and a private balcony with tranquil wooded views. Outside, enjoy the fenced in-ground pool surrounded by patio and deck space, perfect for entertaining or relaxing in a natural setting. Multiple decks provide additional outdoor living areas throughout the property. Additional highlights include a heated and cooled oversized garage, circular driveway set back from the road, walk-out basement, generator hookup, and new water heater. This property offers space, privacy, and direct access to outdoor recreation while remaining convenient to local amenities.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Ceiling Fan,Wall/Wall Carpet | 12.7 x 25.7 | Upper |
| Bedroom 2 | Ceiling Fan,Wall/Wall Carpet | 12.8 x 25.7 | Upper |
| Bedroom 3 | Laminate Floor | 13.8 x 16.8 | Upper |
| Bedroom 4 | Hardwood Floor | 9.3 x 15.8 | Upper |
| Dining Room | French Doors,Hardwood Floor | 13.8 x 15.1 | Main |
| Family Room | Fireplace,French Doors,Patio/Terrace,Laminate Floor | 15.7 x 27.1 | Main |
| Full Bath | Main | ||
| Full Bath | Hardwood Floor | Upper | |
| Full Bath | Upper | ||
| Living Room | Balcony/Deck,Combination Liv/Din Rm,Fireplace,Hardwood Floor | 14.1 x 25.1 | Main |
| Primary Bedroom | Balcony/Deck,Ceiling Fan,Wall/Wall Carpet | 15.8 x 25.7 | Upper |
| Sun Room | Tile Floor | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $580,000 | $580,000 | $580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | $806 | $806 | $806 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,474 | $3,662 | $4,778 |
| Total Monthly Payment | $4,372 | $4,560 | $5,676 |
* 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.