Skip to main content

322 Lakeside Drive

Lebanon, Connecticut 06249

ACTIVE$725,000
Beds
3
Baths
1
SqFt
1,200
Acres
0.61
Year Built
1971
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

Call Matt
WaterfrontDock / Mooring2-Car Garage1 Fireplace

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

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

Property + 8 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,492

per 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.

Listed By

Nancy Potts

(860) 961-1537

Coldwell Banker Realty

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.