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21 Penee Lane

Colchester, Connecticut 06415

PENDING$429,900
Beds
3
Baths
2
SqFt
1,456
Acres
1.43
Year Built
1992
Matt Caiola

Matt Caiola

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Pool1-Car Garage

About This Home

MULTI-OFFERS! All offers due by July 6 by 6 PM. Move Right In! Easy One-Level Living at Its Best, Completely Updated and Ready to Impress! Beautifully updated Ranch Home tucked away on a peaceful cul-de-sac in one of Colchester's desirable neighborhoods. Set on 1.43 professionally landscaped acres, this move-in ready home offers the perfect blend of modern updates, comfort, and outdoor enjoyment. The remodeled kitchen is the heart of the home, featuring granite countertops, a center island, premium KitchenAid appliances, and a spacious dining area ideal for everyday living and entertaining. New flooring flows throughout the home, while central air, ductless mini-splits, and a cozy pellet stove provide year-round comfort. The flexible floor plan includes three bedrooms plus a bonus room that can easily serve as a 4th bedroom, home office, playroom, or hobby space to fit your lifestyle. The primary bedroom features a private full bath, while the walk-out lower level offers excellent storage and future finishing potential. Outside, enjoy summer days on the 40ft deck overlooking the 24Ft round above-ground pool, expansive backyard, gardens, and lightly wooded surroundings. Additional updates include a roof less than 1 yr, Boiler, and a newly paved driveway, providing peace of mind for years to come. Conveniently located near schools, golf, recreation, shopping, and local amenities, this turnkey property is ready to welcome you home.

Key Facts

City/Town
Colchester
Neighborhood
N/A
Property / Style
Single Family · Ranch
Year Built
1992
Days on Market
25 days
Beds
3
Baths
2 full
Living Area
1,456 sq ft
Lot Size
1.43 acres
Garage / Parking
1 garage · 4 total
Property Taxes
$5,535 / Annually

Market Snapshot

The Colchester Market

Single Family · trailing 12 months

Median Days on Market

57

15 active listings

Median $ / Sq Ft

$250

15 active listings

Sale-to-List Ratio

102.9%

169 sales

How this home compares

List Price

$429,900

vs $548,000 median

21.6% below median

Price / Sq Ft

$295

vs $250 median

18.0% above median

Days on Market

25 days

vs 57 days median

32 days fresher than median

Based on 15 active and 169 closed sales (trailing 12 mo) of single family in Colchester. Source: SmartMLS · As of July 28, 2026.

Location

21 Penee Lane, Colchester, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,796

per month

  • Principal & Interest$2,192
  • Property Taxes$461
  • Insurance$143
  • HOA$0

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

Location

City/Town
Colchester
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Ranch
Year Built
1992
New Construction
No/Resale
Living Area
1,456 sq ft

Schools

Elementary
Colchester
Middle
Jack Jackter
High
Bacon Academy

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
Central AirSplit System
Laundry
Lower Level
Appliances
Convection RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
FullGarage AccessConcrete FloorFull With Walk-Out

Exterior & Lot

Lot Size
1.43 acres
Zoning
RU
Garage / Parking
1 garage space4 total parking spacesUnder House GaragePavedOff Street Parking
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Pool
VinylAbove Ground Pool
Construction
Vinyl Siding
Color
Yellow
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
ShedDeckGuttersGarden Area
Lot Description
In SubdivisionLightly WoodedOn Cul-De-SacProfessionally Landscaped

Listing & Financials

Property Taxes
$5,535 / Annually
Days on Market
25
MLS #
24188299
MLS Status
Under Contract - Continue to Show

Similar Properties

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

Listed By

Joyce Covone

(860) 608-1708

Berkshire Hathaway NE Prop.

(860) 267-4481

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 4:25 AM UTC.