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197 Lake Williams Drive

Lebanon, Connecticut 06249

PENDING$340,000
Beds
2
Baths
2
SqFt
1,510
Acres
1.10
Year Built
1999
Matt Caiola

Matt Caiola

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1-Car Garage1 FireplaceVirtual Tour

About This Home

HIGHEST AND BEST OFFERS DUE 6/9/26 AT NOON. Experience the joy of lake life all year long in this charming Cape, nestled within the peaceful and highly desirable Lake Williams community. Situated on a picturesque one-acre lot, this property offers exclusive access to three community beaches, a boat launch, and a picnic pavilion. The main level boasts a bright, open layout with beautiful Pine wood floors and a cozy Vermont Castings wood stove. Work from home? A flexible ground-floor room functions perfectly as a dedicated home office, hobby space, or third bedroom. A main-level laundry room and full bathroom round out the conveniences of the first floor. Upstairs, you will find two generously sized bedrooms, each with direct access to a second full bath. The primary suite also has a walk-in closet for ample storage. Outside you will find a beautiful mahogany wood deck, a freshly re-roofed storage shed, and a detached 14'x30' insulated garage built in 2023 - perfect for the hobbyist or car enthusiast. The private backyard borders 95 preserved acres of Lake Williams State Park, perfect for peaceful hiking; and when you're ready to cool off, grab your beach gear and take a short walk to the Lake for a refreshing swim! This affordable home has efficient propane heat and electricity from Bozrah Light and Power. It perfectly blends private tranquility with active lake-community amenities - a rare find in the current market and won't last long. Schedule your showing today!

Key Facts

City/Town
Lebanon
Neighborhood
N/A
Property / Style
Single Family · Cape Cod
Year Built
1999
Days on Market
57 days
Beds
2
Baths
2 full
Living Area
1,510 sq ft
Lot Size
1.10 acres
Garage / Parking
1 garage
Property Taxes
$5,518 / Annually

Market Snapshot

The Lebanon Market

Single Family · trailing 12 months

Median Days on Market

18

6 active listings

Median $ / Sq Ft

$285

6 active listings

Sale-to-List Ratio

101.7%

86 sales

How this home compares

List Price

$340,000

vs $687,450 median

50.5% below median

Price / Sq Ft

$225

vs $285 median

21.1% below median

Days on Market

57 days

vs 18 days median

39 days longer than median

Based on 6 active and 86 closed sales (trailing 12 mo) of single family in Lebanon. Source: SmartMLS · As of July 28, 2026.

Location

197 Lake Williams Drive, Lebanon, Connecticut

Property + 9 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,307

per month

  • Principal & Interest$1,734
  • Property Taxes$460
  • Insurance$113
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Lebanon
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Cape Cod
Year Built
1999
New Construction
No/Resale
Living Area
1,510 sq ft

Schools

Elementary
Lebanon
High
Lyman

Interior

Heating
Hot Air
Heat Fuel
Propane
Cooling
Ceiling FansCentral Air
Fireplaces
1
Laundry
Main Level
Laundry Location
In first floor bathroom.
Appliances
Oven/RangeRange HoodRefrigeratorFreezerDishwasherWasherDryer
Basement
FullUnfinishedStorageInterior AccessConcrete Floor
Interior Features
Cable - AvailableOpen Floor Plan

Exterior & Lot

Lot Size
1.10 acres
Zoning
Lake
Garage / Parking
1 garage spaceDetached Garage
Waterfront Details
Walk to WaterBeach RightsAssociation RequiredWater Community
Water Source
Private Well
Sewer
Septic
Flood Zone
No
Construction
Vinyl Siding
Color
Tan
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
ShedDeckGutters
Lot Description
TreedLevel Lot

Listing & Financials

Property Taxes
$5,518 / Annually
Days on Market
57
MLS #
24178729
MLS Status
Under Contract
Financing
FHA,VA,CHFA,USDA

Similar Properties

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

Listed By

Gina Wentworth

Lebanon Green Real Estate

(860) 642-7003

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 6:05 AM UTC.