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24-26 Lyme Street

Old Lyme, Connecticut 06371

ACTIVE$1,200,000
Beds
1
Baths
2 | 2
SqFt
1,824
Acres
0.21
Year Built
1800
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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2 Fireplaces

About This Home

Two well-maintained historic buildings in the heart of the Old Lyme Historic District! 24 & 26 Lyme Street are being sold together, offering a unique chance to invest in a high-visibility location within this charming New England village. * 24 Lyme Street (built in 1800) features 1,824 sq. ft. of retail and office space, ideal for business use or potential redevelopment. * 26 Lyme Street (built in 1750) offers 1,560 sq. ft., including a beautifully designed one-bedroom apartment on the second floor with a touch of Manhattan elegance. This property also boasts a working chimney, an updated foundation (1988), new beams, and stunning oak floors-a seamless blend of historic charm and modern enhancements. Located on picturesque Lyme Street, these properties are surrounded by shops, restaurants, churches, and beaches, making them ideal for investment, personal use, or conversion back into residential units.

Key Facts

City/Town
Old Lyme
Neighborhood
N/A
Property / Style
Single Family · Colonial,Other
Year Built
1800
Days on Market
86 days
Beds
1
Baths
2 full · 2 half
Living Area
1,824 sq ft
Lot Size
0.21 acres
Property Taxes
$4,393 / 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

$1.20M

vs $799,000 median

50.2% above median

Price / Sq Ft

$658

vs $517 median

27.3% above median

Days on Market

86 days

vs 48 days median

38 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

24-26 Lyme Street, Old Lyme, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$6,884

per month

  • Principal & Interest$6,118
  • Property Taxes$366
  • Insurance$400
  • HOA$0

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

Location

City/Town
Old Lyme
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Colonial,Other
Year Built
1800
New Construction
No/Resale
Living Area
1,824 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
Wall Unit
Fireplaces
2
Laundry
Main Level
Appliances
Cook Top
Basement
None
In-Law Apartment
PossibleDetached

Exterior & Lot

Lot Size
0.21 acres
Zoning
R-15
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Construction
Wood
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Historic District

Listing & Financials

Property Taxes
$4,393 / Annually
Days on Market
86
MLS #
24172124
MLS Status
Active

Similar Properties

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

Listed By

Logan Hayes

(860) 961-6141

NestSeekers International

(203) 204-9555

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.