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16 Flagler Avenue

Old Lyme, Connecticut 06371

PENDING$699,900

Reduced from $749,900

Beds
3
Baths
1
SqFt
1,128
Acres
0.21
Year Built
1953
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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Price Reduced

About This Home

Completely renovated turnkey beach home with nothing to do but move in and enjoy summer. The home has been thoughtfully updated throughout with new flooring, kitchen, bathroom, newer roof, siding, exterior doors, select windows, full insulation, and central air already in place. Owned by the same family since it was built, this home blends the charm of a classic beach cottage with the comfort and usability of a true year-round home. Inside, you'll find a bright open layout with vaulted ceilings and clean modern finishes throughout. Outside, the large level yard is a rare feature for the neighborhood, complete with a new outdoor shower perfect after the beach. Whether hosting friends or relaxing after a day in the sun, the outdoor space is designed to be enjoyed. As a Miami Beach homeowner, you'll enjoy private roads, beach parking, summer security, and a true neighborhood feel. Walk to the beach, grab food nearby, or spend time at Cross Lane Park with tennis, pickleball, basketball, and a playground just minutes away. Located roughly 2 hours from NYC or Boston and about 12 minutes to Amtrak, this is an easy weekend escape or comfortable full-time residence ready to enjoy immediately.

Key Facts

City/Town
Old Lyme
Neighborhood
Miami Beach
Property / Style
Single Family · Ranch
Year Built
1953
Days on Market
96 days
Beds
3
Baths
1 full
Living Area
1,128 sq ft
Lot Size
0.21 acres
Property Taxes
$6,324 / Annually
HOA Fee
$750 / Annually

Market Snapshot

The Old Lyme Market

Single Family · trailing 12 months

Median Days on Market

48

22 active listings

Median $ / Sq Ft

$517

22 active listings

Sale-to-List Ratio

99.2%

90 sales

How this home compares

List Price

$699,900

vs $799,000 median

12.4% below median

Price / Sq Ft

$620

vs $517 median

19.9% above median

Days on Market

96 days

vs 48 days median

48 days longer than median

Based on 22 active and 90 closed sales (trailing 12 mo) of single family in Old Lyme. Source: SmartMLS · As of July 28, 2026.

Location

16 Flagler Avenue, Old Lyme, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,392

per month

  • Principal & Interest$3,569
  • Property Taxes$527
  • Insurance$233
  • HOA$63

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

Location

City/Town
Old Lyme
Neighborhood
Miami Beach
County
New London

Residence

Property Type
Single Family
Style
Ranch
Year Built
1953
New Construction
No/Resale
Living Area
1,128 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Central Air
Laundry
Main Level
Laundry Location
Laundry closet in living room.
Appliances
Oven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
Crawl SpaceDirt Floor
In-Law Apartment
No

Exterior & Lot

Lot Size
0.21 acres
Zoning
R-10
Waterfront Details
Walk to WaterWater CommunityAccess
Water Source
Public Water Connected
Sewer
Septic
Flood Zone
Yes
Construction
Vinyl Siding
Color
grey
Roof
Asphalt Shingle
Foundation
Block
Exterior Features
Porch-ScreenedPorchPatio
Lot Description
Level Lot

HOA / Association

Fee
$750 / Annually
Amenities
Basketball CourtGuest ParkingSecurity Services

Listing & Financials

Property Taxes
$6,324 / Annually
Days on Market
96
MLS #
24168712
MLS Status
Under Contract

Similar Properties

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Listed By

Elizabeth Bergenty

(203) 808-5672

Showcase Realty, Inc.

(203) 879-4900

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 8:02 AM UTC.