197 Lake Williams Drive
Lebanon, Connecticut 06249
- Beds
- 2
- Baths
- 2
- SqFt
- 1,510
- Acres
- 1.10
- Year Built
- 1999
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
6
15 under contract
Median List Price
$687,450
6 active listings
Median Closed Price
$399,950
86 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
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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 6:05 AM UTC.