61 Terrace Avenue
East Lyme, Connecticut 06357
- Beds
- 4
- Baths
- 1
- SqFt
- 1,229
- Acres
- 0.13
- Year Built
- 1959
- Neighborhood
- Crescent Beach
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
ENJOY THE BEST OF COASTAL LIVING JUST 2 BLOCKS FROM THE BEACHES! This updated shoreline retreat is ideally located near the 2 private Crescent Beaches connected by the scenic Bluff Walk; waterfront dining at The Stand; and downtown Niantic's boardwalk, restaurants, shops, nightlife, and playhouse. Spend sunny days swimming to the raft at the lifeguarded beach, biking along the shoreline, and enjoying summer events, then return home to unwind in the inviting sunroom. The spacious deck overlooking the fenced backyard is perfect for entertaining, while sunset views from the living room bay window add to the relaxed coastal setting desired in a vacation getaway, investment, or year-round home. Inside, the remodeled kitchen features white cabinetry, granite counters, stainless steel appliances, a breakfast bar, luxury vinyl flooring, and a new front kitchen window. The updated full bath offers a fresh coastal feel, while refinished hardwood floors, new carpeting upstairs and in the sunroom, fresh paint, modern light fixtures, ceiling fans, and new exterior doors enhance the home. A newer boiler, indirect water heater, and an architectural roof add comfort and value. The shed provides storage for bikes, beach gear, and seasonal items, while the full basement offers expansion potential and abundant storage. Enjoy nearby kayaking, boating, McCook Point Park, Crescent Beach activities, and fireworks. Rare opportunity to enjoy private beach access and downtown Niantic convenience.
Key Facts
- City/Town
- East Lyme
- Neighborhood
- Crescent Beach
- Property / Style
- Single Family · Cape Cod
- Year Built
- 1959
- Days on Market
- 73 days
- Beds
- 4
- Baths
- 1 full
- Living Area
- 1,229 sq ft
- Lot Size
- 0.13 acres
- Garage / Parking
- 2 total
- Property Taxes
- $5,465 / Annually
Market Snapshot
The East Lyme Market
Single Family · trailing 12 months
Active Listings
40
43 under contract
Median List Price
$858,800
40 active listings
Median Closed Price
$570,000
187 sales
Median Days on Market
32
40 active listings
Median $ / Sq Ft
$336
40 active listings
Sale-to-List Ratio
100.0%
187 sales
How this home compares
List Price
$549,000
vs $858,800 median
36.1% below median
Price / Sq Ft
$447
vs $336 median
33.0% above median
Days on Market
73 days
vs 32 days median
41 days longer than median
Based on 40 active and 187 closed sales (trailing 12 mo) of single family in East Lyme. Source: SmartMLS · As of July 28, 2026.
Location
61 Terrace Avenue, East Lyme, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,799
- Property Taxes$455
- Insurance$183
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- East Lyme
- Neighborhood
- Crescent Beach
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Cape Cod
- Year Built
- 1959
- New Construction
- No/Resale
- Living Area
- 1,229 sq ft
Schools
- Elementary
- Niantic Center
- High
- East Lyme
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- DuctlessSplit System
- Laundry
- Lower Level
- Laundry Location
- Lower Level-washer & dryer convey as is
- Appliances
- Oven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
- Basement
- FullUnfinishedInterior AccessConcrete FloorFull With Hatchway
- In-Law Apartment
- No
Exterior & Lot
- Lot Size
- 0.13 acres
- Zoning
- R12
- Garage / Parking
- 2 total parking spacesPavedOff Street ParkingDrivewayPrivateAsphalt
- Waterfront Details
- Walk to WaterBeach RightsWater CommunityAccess
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Porch-EnclosedSidewalkShedPorchDeckGutters
- Lot Description
- Fence - PartialFence - Chain LinkLevel LotCleared
Listing & Financials
- Property Taxes
- $5,465 / Annually
- Days on Market
- 73
- MLS #
- 24176020
- MLS Status
- Under Contract
- Financing
- FHA,VA,CHFA,USDA
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Co-Listed By
Jennifer Lynch
Burns Realty
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 6:15 AM UTC.