Skip to main content

15 Freedom Way #66

East Lyme, Connecticut 06357

PENDING$242,000

Reduced from $244,500

Beds
2
Baths
1
SqFt
1,236
Year Built
2006
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.

Call Matt
Price Reduced

About This Home

Unit is 80% Workforce development unit. *See Income Restrictions in attachments* Selling "As-Is" Discover the perfect blend of comfort and value at Sea Spray, a serene community in the beautiful Rocky Neck area of Niantic. This pristine two-bedroom end-unit offers an exceptional living experience, highlighted by a bright, open-concept design and a dramatic vaulted ceiling in the living room that creates a welcoming, airy atmosphere. The chef-ready kitchen is a true standout, featuring sleek stainless steel appliances, a convenient pantry, stylish tiled flooring, and a custom backsplash. Designed for seamless indoor-outdoor living, the kitchen offers direct access through sliding glass doors to a private, sun-drenched upper-level deck-the perfect retreat for morning coffee or relaxation. Inside, you will find elegant designer lighting in the foyer and dining area, a spacious primary bedroom with a large walk-in closet, and a generous second bedroom. Practicality meets convenience with an in-unit full bathroom and laundry, as well as two additional storage areas that are already partially finished with flooring and insulation. Located in a quiet coastal setting, this home offers a peaceful lifestyle in one of Niantic's most attractive neighborhoods. Please note that this is a workforce housing unit, and income restrictions apply; kindly refer to the attached application for eligibility requirements.

Key Facts

City/Town
East Lyme
Neighborhood
Niantic
Property / Style
Condo · Townhouse
Year Built
2006
Days on Market
87 days
Beds
2
Baths
1 full
Living Area
1,236 sq ft
Garage / Parking
1 total
Property Taxes
$3,534 / Annually
HOA Fee
$149 / Monthly

Market Snapshot

The East Lyme Market

Condo · trailing 12 months

Median Days on Market

68

11 active listings

Median $ / Sq Ft

$347

11 active listings

Sale-to-List Ratio

100.0%

62 sales

How this home compares

List Price

$242,000

vs $400,000 median

39.5% below median

Price / Sq Ft

$196

vs $347 median

43.5% below median

Days on Market

87 days

vs 68 days median

19 days longer than median

Based on 11 active and 62 closed sales (trailing 12 mo) of condo in East Lyme. Source: SmartMLS · As of August 6, 2026.

Location

15 Freedom Way #66, East Lyme, Connecticut

Property + 3 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,769

per month

  • Principal & Interest$1,244
  • Property Taxes$295
  • Insurance$81
  • HOA$149

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

Location

City/Town
East Lyme
Neighborhood
Niantic
County
New London

Residence

Property Type
Condo
Subtype
Condominium
Style
Townhouse
Year Built
2006
New Construction
No/Resale
Living Area
1,236 sq ft

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Propane
Cooling
Central Air
Appliances
Oven/RangeRange HoodRefrigeratorDishwasherWasherDryer
Basement
None

Exterior & Lot

Zoning
LI
Garage / Parking
1 total parking spacePavedOff Street ParkingAssigned Parking
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Lot Description
TreedSloping LotOn Cul-De-Sac

HOA / Association

Fee
$149 / Monthly

Listing & Financials

Property Taxes
$3,534 / Annually
Days on Market
87
MLS #
24164598
MLS Status
Under Contract - Continue to Show

Similar Properties

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

Listed By

Michael Hernandez

(860) 400-3101

Signature Realty LLC

(413) 333-8216

Co-Listed By

Karol Makusiewicz

Signature Realty LLC

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

The IDX display contains information sourced from SmartMLS, Inc. as of 8/6/2026. 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 8/6/2026 at 9:40 PM UTC.