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261-1 Grassy Hill Road

Lyme, Connecticut 06371

ACTIVE$1,595,000
Beds
6
Baths
4 | 2
SqFt
5,484
Acres
10.50
Year Built
1950
Matt Caiola

Matt Caiola

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Guest House2-Car Garage2 Fireplaces

About This Home

Privately sited on more than 10 picturesque acres, this special country retreat offers a rare blend of architectural distinction, refined comfort, and effortless indoor-outdoor living. Surrounded by pastoral vistas, the property provides a remarkable sense of privacy. The home is filled with light and character. High ceilings, expansive walls of glass, and beautifully proportioned living spaces create an atmosphere that is both sophisticated and welcoming. The stunning great room serves as the heart of the home, where French doors open to sweeping views and seamlessly connect the interior to the patio for alfresco dining & long lazy days outside. A main-level primary suite offers convenience, allowing for easy single-level living. The well-appointed kitchen flows effortlessly into gathering and dining spaces, making everyday living and entertaining equally enjoyable. A charming, screened porch provides the perfect setting for morning coffee, summer dinners, or quiet evenings overlooking the grounds. Multiple doors and windows frame beautiful views in every direction, bringing the landscape into the home year-round. Complementing the residence is a barn offering endless possibilities. Whether utilized for equestrian pursuits, livestock, hobbies, vehicle storage, or a workshop, the barn enhances the property. A truly special country retreat where timeless design, natural beauty, and the lifestyle of a gentleman's farm come together in perfect harmony.

Key Facts

City/Town
Lyme
Neighborhood
Grassy Hill
Property / Style
Single Family · Farm House
Year Built
1950
Days on Market
106 days
Beds
6
Baths
4 full · 2 half
Living Area
5,484 sq ft
Lot Size
10.50 acres
Garage / Parking
2 garage · 8 total
Property Taxes
$6,788 / Annually

Market Snapshot

The Lyme Market

Single Family · trailing 12 months

Median Days on Market

106

11 active listings

Median $ / Sq Ft

$509

11 active listings

Sale-to-List Ratio

99.3%

30 sales

How this home compares

List Price

$1.59M

vs $2.95M median

45.9% below median

Price / Sq Ft

$291

vs $509 median

42.8% below median

Days on Market

106 days

vs 106 days median

In line with median

Based on 11 active and 30 closed sales (trailing 12 mo) of single family in Lyme. Source: SmartMLS · As of October 6, 2026.

Location

261-1 Grassy Hill Road, Lyme, Connecticut

Property + 3 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$9,829

per month

  • Principal & Interest$8,731
  • Property Taxes$566
  • Insurance$532
  • HOA$0

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

Location

City/Town
Lyme
Neighborhood
Grassy Hill
County
New London

Residence

Property Type
Single Family
Style
Farm House
Year Built
1950
New Construction
No/Resale
Living Area
5,484 sq ft

Schools

Elementary
Lyme Consolidated
High
Lyme-Old Lyme

Interior

Heating
Heat PumpHot WaterZoned
Heat Fuel
GeothermalOil
Cooling
Central Air
Fireplaces
2
Laundry
Main Level
Laundry Location
Off the hallway of main level bedrooms.
Appliances
Gas CooktopWall OvenRefrigeratorWasherDryer
Basement
FullPartially Finished
In-Law Apartment
YesDetached
Interior Features
Open Floor Plan

Exterior & Lot

Lot Size
10.50 acres
Zoning
RU8
Garage / Parking
2 garage spaces8 total parking spacesDetached GarageDrivewayCrushed Stone
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Construction
ShingleStoneWood
Color
Cedar & Stone
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
BarnGarden AreaGuest HouseStone WallFrench DoorsPatio
Lot Description
Lightly WoodedCleared

Listing & Financials

Property Taxes
$6,788 / Annually
Days on Market
106
MLS #
24185580
MLS Status
Active

Similar Properties

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Listed By

Jodi Strycharz

(860) 884-3011

William Pitt Sotheby's Int'l

(860) 767-7488

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 10/6/2026. 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 10/6/2026 at 11:05 PM UTC.