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21-B Library Lane

Old Lyme, Connecticut 06371

PENDING$1,195,000
Beds
3
Baths
3 | 1
SqFt
2,721
Acres
1.50
Year Built
1950
Matt Caiola

Matt Caiola

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About This Home

Nestled in the heart of Old Lyme's picturesque village, this beautifully renovated home situated on an acre and a half seamlessly blends timeless New England charm with modern comfort. Step inside to a spacious living room centered around a classic fireplace, creating the perfect setting for relaxing or gathering with family and friends. The beautiful kitchen opens effortlessly to the dining room, where a second fireplace adds warmth and character to every meal. French doors lead from the dining room to a private bluestone patio, making indoor-outdoor entertaining both elegant and effortless. On the opposite side of the home, the first-floor primary suite offers a peaceful retreat, complete with the home's third fireplace, a generous walk-in closet, and a stunning newly renovated en-suite bath. Upstairs, you'll find two spacious bedrooms and two beautifully renovated full bathrooms, providing comfort and privacy for family and guests alike. The attached two-car garage is equipped with an electric vehicle charging station, while the detached garage offers a third bay and unfinished space above-ideal for additional storage, artist's studio, home office, or future expansion. Move-in ready, this exceptional property offers the great combination of character, thoughtful modern updates, and outstanding amenities. In one of Old Lyme's most desirable village locations, everything is just a short walk away - shops, galleries, school, The Lyme Academy, the library and much more.

Key Facts

City/Town
Old Lyme
Neighborhood
N/A
Property / Style
Single Family · Colonial
Year Built
1950
Days on Market
19 days
Beds
3
Baths
3 full · 1 half
Living Area
2,721 sq ft
Lot Size
1.50 acres
Garage / Parking
3 garage · 6 total
Property Taxes
$9,816 / Annually

Market Snapshot

The Old Lyme Market

Single Family · trailing 12 months

Median Days on Market

48

22 active listings

Median $ / Sq Ft

$517

22 active listings

Sale-to-List Ratio

99.2%

90 sales

How this home compares

List Price

$1.20M

vs $799,000 median

49.6% above median

Price / Sq Ft

$439

vs $517 median

15.1% below median

Days on Market

19 days

vs 48 days median

29 days fresher than median

Based on 22 active and 90 closed sales (trailing 12 mo) of single family in Old Lyme. Source: SmartMLS · As of July 28, 2026.

Location

21-B Library Lane, Old Lyme, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$7,309

per month

  • Principal & Interest$6,093
  • Property Taxes$818
  • Insurance$398
  • HOA$0

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

Location

City/Town
Old Lyme
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Colonial
Year Built
1950
New Construction
No/Resale
Living Area
2,721 sq ft

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Lyme-Old Lyme

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
Central Air
Fireplaces
3
Laundry
Main Level
Laundry Location
Powder room
Appliances
Electric CooktopWall OvenRefrigeratorDishwasherDisposalWasherDryer
Basement
PartialUnfinished
In-Law Apartment
PossibleDetachedOver Garage
Interior Features
Auto Garage Door OpenerCable - Pre-wiredOpen Floor PlanSecurity System

Exterior & Lot

Lot Size
1.50 acres
Zoning
RU40
Garage / Parking
3 garage spaces6 total parking spacesAttached GarageDetached GarageOff Street ParkingDrivewayCrushed Stone
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Construction
Shingle
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
Garden AreaFrench DoorsPatio
Lot Description
On Cul-De-Sac

Listing & Financials

Property Taxes
$9,816 / Annually
Days on Market
19
MLS #
24189625
MLS Status
Under Contract

Similar Properties

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

Listed By

Tina Rupp

(917) 207-2762

William Pitt Sotheby's Int'l

(860) 767-7488

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 6:10 AM UTC.