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23-1 Heritage Lot 1 Road

East Lyme, Connecticut 06333

PENDING$1,550,000
Beds
3
Baths
2 | 1
SqFt
2,400
Acres
1.12
Year Built
2026
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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Waterfront3-Car Garage1 FireplaceNew Construction

About This Home

Custom home to be built on Pattagansett Lake. Three to four bedroom, 2.5 bathroom home offers a luxurious and modern living experience. Secluded in a private 3 home enclave each sitting on approximately 1.1-1.5 acres. The open concept living, dining, and kitchen areas feature high-end finishes, including hardwood floors, sleek cabinetry, and high-end appliances. Large windows and sliding glass doors flood the main living spaces with natural light and provide seamless indoor-outdoor connections. If that doesn't sound like what you need. Photos are of a similar build under construction. We have a similar home approved on the lot. The property's lakefront location offers unparalleled water access in a serene setting. Enjoy swimming, boating, and fishing, right from your own backyard. Surrounded by a land trust offering privacy and outdoor adventure in one!

Key Facts

City/Town
East Lyme
Neighborhood
Flanders Village
Property / Style
Single Family · Contemporary,Ranch
Year Built
2026
Days on Market
186 days
Beds
3
Baths
2 full · 1 half
Living Area
2,400 sq ft
Lot Size
1.12 acres
Garage / Parking
3 garage
Property Taxes
Not on file from MLS

Market Snapshot

The East Lyme Market

Single Family · trailing 12 months

Median Days on Market

32

40 active listings

Median $ / Sq Ft

$336

40 active listings

Sale-to-List Ratio

100.0%

187 sales

How this home compares

List Price

$1.55M

vs $858,800 median

80.5% above median

Price / Sq Ft

$646

vs $336 median

92.3% above median

Days on Market

186 days

vs 32 days median

154 days longer than median

Based on 40 active and 187 closed sales (trailing 12 mo) of single family in East Lyme. Source: SmartMLS · As of July 28, 2026.

Location

23-1 Heritage Lot 1 Road, East Lyme, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$8,420

per month

  • Principal & Interest$7,903
  • Property Taxes$0
  • Insurance$517
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
East Lyme
Neighborhood
Flanders Village
County
New London

Residence

Property Type
Single Family
Style
Contemporary,Ranch
Year Built
2026
New Construction
To Be Built
Living Area
2,400 sq ft

Schools

Elementary
Per Board of Ed
High
East Lyme

Interior

Heating
Hot Air
Heat Fuel
Propane
Cooling
Central Air
Fireplaces
1
Appliances
Allowance
Basement
FullFull With Hatchway
In-Law Apartment
PossibleFirst Floor

Exterior & Lot

Lot Size
1.12 acres
Zoning
R
Garage / Parking
3 garage spacesAttached Garage
Waterfront
Direct waterfront
Waterfront Details
LakeWalk to WaterViewAccess
Water Source
Private Well
Sewer
Septic
Flood Zone
No
Construction
Hardie Board
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level Lot

Listing & Financials

Days on Market
186
MLS #
24150717
MLS Status
Under Contract
Financing
FHA,VA

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Justin Bradley

(860) 961-1846

Coldwell Banker Realty

(860) 739-6277

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 7:55 AM UTC.