198 Grassy Hill Road
East Lyme, Connecticut 06333
Reduced from $725,000
- Beds
- 5
- Baths
- 3
- SqFt
- 3,191
- Acres
- 1.84
- Year Built
- 1973
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
Welcome to 198 Grassy Hill Rd. East Lyme! Tucked away on 1.84 private acres abutting scenic Nehantic State Forest, this spacious 3,400+ sq. ft. home offers a peaceful setting with direct access to trails for hiking, biking, and horseback riding. A covered front porch welcomes you into the inviting family room featuring a stunning stone fireplace and adjoining dining area, creating a warm and functional gathering space. The kitchen offers an eat-in area, separate staircase access, and doors leading to the rear deck for easy indoor-outdoor living. The formal living room includes a second fireplace, staircase access to the upper level, and entry to the enclosed sunporch overlooking the private backyard. A full bath completes the main level. Upstairs you'll find 5 generously sized bedrooms, 2 full baths, and a convenient second-floor laundry area. The spacious primary suite features three closets and a private balcony with tranquil wooded views. Outside, enjoy the fenced in-ground pool surrounded by patio and deck space, perfect for entertaining or relaxing in a natural setting. Multiple decks provide additional outdoor living areas throughout the property. Additional highlights include a heated and cooled oversized garage, circular driveway set back from the road, walk-out basement, generator hookup, and new water heater. This property offers space, privacy, and direct access to outdoor recreation while remaining convenient to local amenities.
Key Facts
- City/Town
- East Lyme
- Neighborhood
- N/A
- Property / Style
- Single Family · Colonial
- Year Built
- 1973
- Days on Market
- 58 days
- Beds
- 5
- Baths
- 3 full
- Living Area
- 3,191 sq ft
- Lot Size
- 1.84 acres
- Garage / Parking
- 2 garage
- Property Taxes
- $9,666 / 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
$669,000
vs $858,800 median
22.1% below median
Price / Sq Ft
$210
vs $336 median
37.5% below median
Days on Market
58 days
vs 32 days median
26 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
198 Grassy Hill Road, East Lyme, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$3,411
- Property Taxes$806
- Insurance$223
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- East Lyme
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Colonial
- Year Built
- 1973
- New Construction
- No/Resale
- Living Area
- 3,191 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- East Lyme
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- Split SystemWindow Unit
- Fireplaces
- 2
- Laundry
- Upper Level
- Appliances
- Oven/RangeRange HoodRefrigeratorDishwasherWasherDryer
- Basement
- FullFull With Walk-Out
- Interior Features
- Auto Garage Door Opener
Exterior & Lot
- Lot Size
- 1.84 acres
- Zoning
- R80
- Garage / Parking
- 2 garage spacesUnder House Garage
- Waterfront Details
- Not Applicable
- Water Source
- Private Well
- Sewer
- Septic
- Pool
- VinylIn Ground Pool
- Construction
- Vinyl Siding
- Color
- grey
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Covered Deck
- Lot Description
- Lightly WoodedBorders Open SpaceSloping Lot
Listing & Financials
- Property Taxes
- $9,666 / Annually
- Days on Market
- 58
- MLS #
- 24160109
- MLS Status
- Under Contract - Continue to Show
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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 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 6:10 AM UTC.