261-1 Grassy Hill Road
Lyme, Connecticut 06371
- Beds
- 6
- Baths
- 4 | 2
- SqFt
- 5,484
- Acres
- 10.50
- Year Built
- 1950
- Neighborhood
- Grassy Hill
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
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
Active Listings
11
5 under contract
Median List Price
$2.95M
11 active listings
Median Closed Price
$740,501
30 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 1, 2026per 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
Homes with a close match in area, property type, and price.
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.