21-B Library Lane
Old Lyme, Connecticut 06371
- Beds
- 3
- Baths
- 3 | 1
- SqFt
- 2,721
- Acres
- 1.50
- Year Built
- 1950
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
22
21 under contract
Median List Price
$799,000
22 active listings
Median Closed Price
$673,000
90 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
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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 6:10 AM UTC.