15 Freedom Way #66
East Lyme, Connecticut 06357
Reduced from $244,500
- Beds
- 2
- Baths
- 1
- SqFt
- 1,236
- Year Built
- 2006
- Neighborhood
- Niantic
- Property Type
- Condo

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
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
Active Listings
11
8 under contract
Median List Price
$400,000
11 active listings
Median Closed Price
$392,450
62 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 30, 2026per 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.
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.