21 Penee Lane
Colchester, Connecticut 06415
- Beds
- 3
- Baths
- 2
- SqFt
- 1,456
- Acres
- 1.43
- Year Built
- 1992
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
15
35 under contract
Median List Price
$548,000
15 active listings
Median Closed Price
$450,000
169 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
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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.