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18 Old South Cove Road

Old Saybrook, Connecticut 06475

ACTIVE$899,000

Reduced from $975,000

Beds
4
Baths
1 | 2
SqFt
1,569
Acres
0.42
Year Built
1964
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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1 FireplacePrice Reduced

About This Home

Whether your vision is to Move-in, Renovate, or Custom Build from the ground up, this water-view coastal property is for you! Currently home to a classic 1,569 sq. ft. coastal ranch built on an oversized .42-acre water-view parcel, the true value of this premier Residential District A property lies in its exceptional dimensions, rare zoning advantages, and all the possibilities that come with the largest water-view coastal lot in South Cove! Situated in Old Saybrook's most protected and prominent corridor, 18 Old South Cove Road provides the rare opportunity for you to embrace your dream of living by the water and realizing your vision of Moving-in, Renovating, or Custom Building a "Luxury Estate" where privacy and scenic integrity are guaranteed by zoning. As one of the largest parcels in the protective Gateway Zone, you are granted 15% building coverage. This translates to a massive potential footprint of approximately 2,744 sq. ft., allowing for a custom build that far exceeds the scale of neighboring homes. And by leveraging the 35-foot (2.5 story) scale-up potential, you have the incredible opportunity to capture dramatic, unencumbered panoramic sunrises and water views of South Cove. With Residence A designation, this lot represents the perfect 'Coastal Canvas' for a luxury home up to 4,000 sq. ft. featuring 3-car garage, sweeping verandas, and all the best in coastal living!

Key Facts

City/Town
Old Saybrook
Neighborhood
Saybrook Manor
Property / Style
Single Family · Ranch
Year Built
1964
Days on Market
119 days
Beds
4
Baths
1 full · 2 half
Living Area
1,569 sq ft
Lot Size
0.42 acres
Property Taxes
$4,632 / Annually

Market Snapshot

The Old Saybrook Market

Single Family · trailing 12 months

Median Days on Market

41

33 active listings

Median $ / Sq Ft

$573

33 active listings

Sale-to-List Ratio

98.9%

127 sales

How this home compares

List Price

$899,000

vs $1.07M median

16.4% below median

Price / Sq Ft

$573

vs $573 median

In line with median

Days on Market

119 days

vs 41 days median

78 days longer than median

Based on 33 active and 127 closed sales (trailing 12 mo) of single family in Old Saybrook. Source: SmartMLS · As of July 28, 2026.

Location

18 Old South Cove Road, Old Saybrook, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$5,270

per month

  • Principal & Interest$4,584
  • Property Taxes$386
  • Insurance$300
  • HOA$0

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

Location

City/Town
Old Saybrook
Neighborhood
Saybrook Manor
County
Middlesex

Residence

Property Type
Single Family
Style
Ranch
Year Built
1964
New Construction
No/Resale
Living Area
1,569 sq ft

Schools

Elementary
Per Board of Ed
High
Old Saybrook

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Wall Unit
Fireplaces
1
Appliances
Oven/RangeRefrigeratorDishwasher
Basement
Crawl Space

Exterior & Lot

Lot Size
0.42 acres
Zoning
RES
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Septic
Construction
Vinyl Siding
Roof
Shingle
Foundation
Concrete
Lot Description
Some WetlandsIn SubdivisionLevel LotProfessionally LandscapedWater View

Listing & Financials

Property Taxes
$4,632 / Annually
Days on Market
119
MLS #
24163559
MLS Status
Active

Similar Properties

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

Listed By

Steven Koleno

Beycome of Connecticut

(804) 656-5007

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 7:50 AM UTC.