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7 Silver Falls Road

East Lyme, Connecticut 06333

ACTIVE$799,500

Reduced from $825,000

Beds
5
Baths
4
SqFt
3,386
Acres
2.37
Year Built
1900
Matt Caiola

Matt Caiola

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WaterfrontGuest House1-Car GaragePrice Reduced

About This Home

Discover a truly rare, multigenerational compound in East Lyme, situated on a sprawling 2.37-acre retreat along the scenic Latimer Brook. A configuration like this is virtually impossible to recreate, making it a once-in-a-lifetime opportunity for a family compound, investment property, or a peaceful private sanctuary. The property features a spacious 2,252-square-foot main house originally built in 1900, with 4 bedrooms, 3 full baths, and expanded as recently as 2004. Steps away sits a fully detached, 1,134-square-foot guest cottage/in-law ranch featuring 1 bedroom and 1 bath, boasting an effective build year of 2018 following a complete, top-to-bottom renovation. Adding immense value is a massive, versatile outbuilding complete with a workshop and garage space, perfect for entrepreneurs, hobbyists, or a home occupation. The expansive grounds, already featuring a chicken coop, a vegetable garden, established apple and pear trees, blueberry bushes, and raspberries, offer fantastic potential for a small homestead or hobby farm. Outside, the park-like acreage offers unparalleled tranquility, filled with the gentle, distant sounds of the active Silver Falls. Enjoy ultimate privacy with room to breathe, all while remaining minutes from East Lyme's coastal amenities, highways, and top-rated schools. Whether looking to house multiple generations separately, offset your mortgage with rental income, or find workspace to cultivate your passion, this unique country compound delivers.

Key Facts

City/Town
East Lyme
Neighborhood
N/A
Property / Style
Single Family · Ranch,Farm House
Year Built
1900
Days on Market
34 days
Beds
5
Baths
4 full
Living Area
3,386 sq ft
Lot Size
2.37 acres
Garage / Parking
1 garage · 10 total
Property Taxes
$10,680 / 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

$799,500

vs $858,800 median

6.9% below median

Price / Sq Ft

$236

vs $336 median

29.8% below median

Days on Market

34 days

vs 32 days median

2 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

7 Silver Falls Road, East Lyme, Connecticut

Property + 7 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$5,233

per month

  • Principal & Interest$4,076
  • Property Taxes$890
  • Insurance$267
  • 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
Ranch,Farm House
Year Built
1900
New Construction
No/Resale
Living Area
3,386 sq ft

Schools

Elementary
Flanders
Middle
Per Board of Ed
High
East Lyme

Interior

Heating
BaseboardHeat PumpWood/Coal Stove
Heat Fuel
ElectricOilWood
Cooling
DuctlessSplit SystemWall Unit
Laundry
Lower LevelMain LevelUpper Level
Laundry Location
Main house has 3 hookups. Cottage has 1
Appliances
Oven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
FullInterior AccessFull With HatchwayFull With Walk-Out
In-Law Apartment
YesDetached
Interior Features
Cable - Available

Exterior & Lot

Lot Size
2.37 acres
Zoning
R40
Garage / Parking
1 garage space10 total parking spacesAttached GaragePavedDrivewayUnpavedPavedUnpaved
Waterfront
Direct waterfront
Waterfront Details
BrookAccess
Water Source
Private Well
Sewer
Septic
Flood Zone
No
Construction
ShakeCedar
Color
Cedar Shake
Roof
Asphalt Shingle
Foundation
ConcreteStone
Exterior Features
Fruit TreesBarnGuttersGuest HouseHot TubPatio
Lot Description
Level LotOpen Lot

Listing & Financials

Property Taxes
$10,680 / Annually
Days on Market
34
MLS #
24185840
MLS Status
Active

Similar Properties

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

Listed By

Amanda Gaudette

(860) 859-7610

William Pitt Sotheby's Int'l

(860) 536-5900

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 5:25 AM UTC.