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306 Old Colchester Road #113

Salem, Connecticut 06420

PENDING$108,000
Beds
1
Baths
1
SqFt
400
Year Built
2008
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

HIGHEST & BEST Wed July 8th by Noon. SEASONAL WATERFRONT COMMUNITY ON BEAUTIFUL GARDNER LAKE. Park model 1 bedroom with loft. Kitchen with eat-in area and lots of cabinet space. Living room with sliders to 3 season enclosed porch. Views of lake. 3rd unit from boat launch. Well maintained, lovely unit. Roof on unit is 5 years old. Trex decking. Golf cart included. Shed has lots of storage space and electricity. Campground community offers a private beach, boat launch, fishing dock, pavilion, hall, playground, bocce, horseshoes, camp store, on site laundry. Plenty of activities such as bingo, food functions, bands to name a few. Boat, paddleboard, kayak, jet ski, fish, swim or just RELAX on Gardner Lake. You can vacation all season from April 15th to Nov 1st. Gated boat storage on site. Rentable docks if available. On-site management year long. gated community. Close to Casinos, LI sound, shopping and more. CASH or Private financing only.

Key Facts

City/Town
Salem
Neighborhood
Gardner Lake
Property / Style
Co-op · Mobile Home
Year Built
2008
Days on Market
27 days
Beds
1
Baths
1 full
Living Area
400 sq ft
Property Taxes
$109 / Annually
HOA Fee
$2,632 / Annually

Market Snapshot

The Salem Market

Co-op · trailing 12 months

Median Days on Market

13

1 active listing

Median $ / Sq Ft

$190

1 active listing

Sale-to-List Ratio

93.5%

3 sales

How this home compares

List Price

$108,000

vs $76,000 median

42.1% above median

Price / Sq Ft

$270

vs $190 median

42.1% above median

Days on Market

27 days

vs 13 days median

14 days longer than median

Based on 1 active and 3 closed sales (trailing 12 mo) of co-op in Salem. Source: SmartMLS · As of July 28, 2026.

Location

306 Old Colchester Road #113, Salem, Connecticut

Property + 2 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$815

per month

  • Principal & Interest$551
  • Property Taxes$9
  • Insurance$36
  • HOA$219

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

Location

City/Town
Salem
Neighborhood
Gardner Lake
County
New London

Residence

Property Type
Co-op
Subtype
StockCooperative
Style
Mobile Home
Year Built
2008
New Construction
No/Resale
Living Area
400 sq ft

Schools

Elementary
Salem
High
East Lyme

Interior

Heating
Hot Air
Heat Fuel
Propane
Cooling
Central Air
Appliances
Gas RangeMicrowaveRefrigerator
Basement
None
Additional Rooms
Breezeway

Exterior & Lot

Zoning
Campground
Waterfront Details
Walk to WaterBeach RightsViewAccess
Water Source
Shared Well
Sewer
Other
Construction
Vinyl Siding
Color
Yellow
Exterior Features
BreezewayShedDeck
Lot Description
Corner Lot

HOA / Association

Fee
$2,632 / Annually
Amenities
Basketball CourtBocci CourtGuest ParkingParkPlayground/Tot Lot

Listing & Financials

Property Taxes
$109 / Annually
Days on Market
27
MLS #
24188281
MLS Status
Under Contract - Continue to Show

Similar Properties

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

Listed By

Rose Warmingham

(203) 913-1651

Realty ONE Group Connect

(203) 590-1111

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 5:15 AM UTC.