Skip to main content

198 Grassy Hill Road

East Lyme, Connecticut 06333

PENDING$669,000

Reduced from $725,000

Beds
5
Baths
3
SqFt
3,191
Acres
1.84
Year Built
1973
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
Pool2-Car Garage2 FireplacesVirtual TourPrice Reduced

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

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

Property + 4 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,440

per 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

Similar Properties

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

Listed By

Stacey Wyeth

(860) 941-5106

William Pitt Sotheby's Int'l

(860) 434-2400

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.