47 Oswegatchie Hills Road
East Lyme, Connecticut 06357
Reduced from $1,895,000
- Beds
- 4
- Baths
- 4
- SqFt
- 3,138
- Acres
- 1.37
- Year Built
- 1991
- Neighborhood
- Niantic
- 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
Spectacular Direct Waterfront Retreat on Smith Cove in Niantic. Set on 1.37 manicured acres with approximately 160' of shoreline and effortless access to the Niantic River and Long Island Sound. This Beautifully upgraded 4-Bedroom, 4-Bath Coastal Home is designed for both everyday comfort and effortless entertaining, featuring a lower-level guest suite with walk-out to patio and pool - perfect for visitors or multi-generational living. The bright, open year-round layout flows seamlessly into the beautifully appointed kitchen and sunroom, all capturing sweeping water views, seasonal shoreline beauty, and abundant shorebird life. Outdoor living truly shines, creating your own private waterfront resort: 32' x 16' saltwater liner pool (non-heated, 4.2' depth), Luxury Endless Spa - half swim spa, half soaking spa, Outdoor kitchen with pizza oven, Wood-fired pit for coastal evenings, Elegant hardscape patios and walls with Nico pavers, 12' x 10' Garden Chalet storage shed, Outdoor Shower, Gazebo. Approval for a NEW dock is in place. Owner can construct. This exceptional property offers the ultimate Connecticut shoreline lifestyle. Vacation at home.
Key Facts
- City/Town
- East Lyme
- Neighborhood
- Niantic
- Property / Style
- Single Family · Contemporary
- Year Built
- 1991
- Days on Market
- 109 days
- Beds
- 4
- Baths
- 4 full
- Living Area
- 3,138 sq ft
- Lot Size
- 1.37 acres
- Garage / Parking
- 2 garage · 4 total
- Property Taxes
- $20,607 / Annually
Market Snapshot
The East Lyme Market
Single Family · trailing 12 months
Active Listings
36
33 under contract
Median List Price
$893,350
36 active listings
Median Closed Price
$568,000
183 sales
Median Days on Market
54
36 active listings
Median $ / Sq Ft
$366
36 active listings
Sale-to-List Ratio
100.0%
183 sales
How this home compares
List Price
$1.79M
vs $893,350 median
2.0× the median
Price / Sq Ft
$572
vs $366 median
56.3% above median
Days on Market
109 days
vs 54 days median
55 days longer than median
Based on 36 active and 183 closed sales (trailing 12 mo) of single family in East Lyme. Source: SmartMLS · As of September 12, 2026.
Location
47 Oswegatchie Hills Road, East Lyme, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 10, 2026per month
- Principal & Interest$9,323
- Property Taxes$1,717
- Insurance$598
- HOA$0
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
- Subdivision
- Smith Cove
Residence
- Property Type
- Single Family
- Style
- Contemporary
- Year Built
- 1991
- New Construction
- No/Resale
- Living Area
- 3,138 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- East Lyme
Interior
- Heating
- Hot Air
- Heat Fuel
- Oil
- Cooling
- Central Air
- Fireplaces
- 1
- Laundry
- Upper Level
- Laundry Location
- Laundry Room
- Appliances
- Cook TopWall OvenMicrowaveRefrigeratorFreezerDishwasherDisposalWasherDryer
- Basement
- FullHeatedInterior AccessPartially FinishedWalk-outLiveable Space
- In-Law Apartment
- PossibleLower LevelSeparate Entry
- Interior Features
- Auto Garage Door OpenerCable - AvailableSecurity System
- Additional Rooms
- Exercise RoomLaundry RoomMud RoomWorkshop
Exterior & Lot
- Lot Size
- 1.37 acres
- Zoning
- R10
- Garage / Parking
- 2 garage spaces4 total parking spacesAttached GaragePavedOff Street ParkingDrivewayPaved
- Waterfront
- Direct waterfront
- Waterfront Details
- HarborWalk to WaterWater CommunityViewAccess
- Water Source
- Public Water Connected
- Sewer
- Septic
- Flood Zone
- Yes
- Pool
- VinylSalt WaterAbove Ground Pool
- Construction
- ClapboardCedarWood
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- TerraceShedGazeboDeckGarden AreaFrench DoorsPatio
- Lot Description
- Fence - FullTreedLevel LotSloping LotWater View
Listing & Financials
- Property Taxes
- $20,607 / Annually
- Days on Market
- 109
- MLS #
- 24178326
- MLS Status
- Under Contract
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 9/12/2026. 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 9/12/2026 at 10:35 AM UTC.