322 Lakeside Drive
Lebanon, Connecticut 06249
- Beds
- 3
- Baths
- 1
- SqFt
- 1,200
- Acres
- 0.61
- Year Built
- 1971
- 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
Escape to this pristine, clear-water retreat in Lebanon, CT. Situated on a rare, newly combined 0.61-acre double lot, this classic ranch-style home offers an incredible blend of immediate lakefront enjoyment and future expansion potential. Enjoy direct access to Red Cedar Lake, a spectacular 127-acre freshwater destination celebrated for boating, kayaking, canoeing, paddle boarding, and top-tier fishing. Private Amenities: Step out onto your own sandy beach area and private dock. Peace of Mind: Features a newly installed engineered septic system, giving you complete structural confidence and room for a future expansion. The owners had plans for a dormer primary ensuite with upper deck. The living: An updated kitchen flows seamlessly into the bright dining and living areas. Cozy Interiors: A classic fireplace centers the living room, while sliding glass doors lead to a stunning 3-season glass porch with gleaming, unobstructed lake views. Layout: 3 comfortable bedrooms and 1 full bath. Whether you are looking for the perfect turnkey summer getaway or a sizable footprint to design your dream lakefront estate, this property is primed for your vision. Bring your swimsuit, your blueprints, and enjoy life on the water! The mechanicals have been updated within the last 5 years. All kayaks , paddle boat and pontoon boat convey with the sale. The free standing double car garage has potential for a second floor addition. A new shed was installed last year.
Key Facts
- City/Town
- Lebanon
- Neighborhood
- N/A
- Property / Style
- Single Family · Ranch
- Year Built
- 1971
- Days on Market
- 25 days
- Beds
- 3
- Baths
- 1 full
- Living Area
- 1,200 sq ft
- Lot Size
- 0.61 acres
- Garage / Parking
- 2 garage · 10 total
- Property Taxes
- $6,259 / Annually
- HOA Fee
- $375 / Annually
Market Snapshot
The Lebanon Market
Single Family · trailing 12 months
Active Listings
5
16 under contract
Median List Price
$725,000
5 active listings
Median Closed Price
$399,950
86 sales
Median Days on Market
13
5 active listings
Median $ / Sq Ft
$236
5 active listings
Sale-to-List Ratio
101.7%
86 sales
How this home compares
List Price
$725,000
vs $725,000 median
In line with median
Price / Sq Ft
$604
vs $236 median
2.6× the median
Days on Market
25 days
vs 13 days median
12 days longer than median
Based on 5 active and 86 closed sales (trailing 12 mo) of single family in Lebanon. Source: SmartMLS · As of July 29, 2026.
Location
322 Lakeside Drive, Lebanon, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$3,697
- Property Taxes$522
- Insurance$242
- HOA$31
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Lebanon
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Ranch
- Year Built
- 1971
- New Construction
- No/Resale
- Living Area
- 1,200 sq ft
Schools
- Elementary
- Lebanon
- High
- Lyman
Interior
- Heating
- Baseboard
- Heat Fuel
- ElectricOil
- Cooling
- Ceiling FansWindow Unit
- Fireplaces
- 1
- Laundry
- Main Level
- Laundry Location
- Bedroom
- Appliances
- Electric RangeRefrigeratorDishwasherWasherElectric Dryer
- Basement
- Crawl Space
- Interior Features
- Security System
- Additional Rooms
- Solarium
Exterior & Lot
- Lot Size
- 0.61 acres
- Zoning
- L
- Garage / Parking
- 2 garage spaces10 total parking spacesDetached GarageDrivewayGravel
- Waterfront
- Direct waterfront
- Waterfront Details
- LakeBeachDock or MooringViewAccess
- Water Source
- Private Well
- Sewer
- Septic
- Flood Zone
- Yes
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- Level LotWater View
HOA / Association
- Fee
- $375 / Annually
Listing & Financials
- Property Taxes
- $6,259 / Annually
- Days on Market
- 25
- MLS #
- 24188838
- MLS Status
- Active
- Financing
- FHA,VA,CHFA
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 7/29/2026. 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 7/29/2026 at 10:10 AM UTC.