308 Old Colchester Road #6
Salem, Connecticut 06420
- Beds
- 2
- Baths
- 1
- SqFt
- 2,082
- Year Built
- 1974
- Neighborhood
- Gardner Lake
- 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
Welcome to your own private retreat on beautiful Gardner Lake! Tucked away in an enclave of just ten homes, this is the only year-round residence in the over five-acre community. This quaint ranch-style home is designed to embrace its peaceful surroundings with beautiful lake views and an inviting open-concept floor plan. The spacious living and dining areas feature soaring vaulted ceilings, hardwood floors, and an amazing floor-to-ceiling stone fireplace. Sliding doors lead to a private deck overlooking the lake, providing the perfect place to enjoy your morning coffee, entertain friends, or simply relax. The home has two comfortable bedrooms and a full bath, along with the convenience of a first-floor laundry room. An additional flex space is ideal as an art studio, home office, reading room, or hobby area, allowing you to tailor the home to your lifestyle. Modern comforts include central air conditioning, efficient propane heat, on-demand hot water, and updated mechanical systems, providing year-round efficiency. An attached two-car garage offers abundant storage and everyday convenience. The finished lower level significantly expands the living space and offers endless possibilities. Whether you're looking for a spacious family room, home gym, office, rec room, guest overflow, or another creative studio, this versatile area can easily adapt to your needs. Outside, the beautifully maintained grounds provide ample room for plantings and gardening.
Key Facts
- City/Town
- Salem
- Neighborhood
- Gardner Lake
- Property / Style
- Single Family · Ranch
- Year Built
- 1974
- Days on Market
- 13 days
- Beds
- 2
- Baths
- 1 full
- Living Area
- 2,082 sq ft
- Garage / Parking
- 2 garage
- Property Taxes
- $3,911 / Annually
- HOA Fee
- $1,425 / Annually
Market Snapshot
The Salem Market
Single Family · trailing 12 months
Active Listings
5
9 under contract
Median List Price
$939,900
5 active listings
Median Closed Price
$525,000
51 sales
Median Days on Market
42
5 active listings
Median $ / Sq Ft
$269
5 active listings
Sale-to-List Ratio
101.3%
51 sales
How this home compares
List Price
$499,900
vs $939,900 median
46.8% below median
Price / Sq Ft
$240
vs $269 median
10.8% below median
Days on Market
13 days
vs 42 days median
29 days fresher than median
Based on 5 active and 51 closed sales (trailing 12 mo) of single family in Salem. Source: SmartMLS · As of July 28, 2026.
Location
308 Old Colchester Road #6, Salem, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,549
- Property Taxes$326
- Insurance$167
- HOA$119
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Salem
- Neighborhood
- Gardner Lake
- County
- New London
- Subdivision
- Arrowhead Cove
Residence
- Property Type
- Single Family
- Style
- Ranch
- Year Built
- 1974
- New Construction
- No/Resale
- Living Area
- 2,082 sq ft
- Below Grade
- 906 sq ft
Schools
- Elementary
- Salem
- Middle
- Per Board of Ed
- High
- East Lyme
Interior
- Heating
- Hot Air
- Heat Fuel
- Propane
- Cooling
- Ceiling FansCentral Air
- Fireplaces
- 1
- Laundry
- Main Level
- Laundry Location
- In hallway
- Appliances
- Oven/RangeRefrigeratorDishwasherWasherDryer
- Basement
- FullInterior AccessPartially Finished
- In-Law Apartment
- No
- Interior Features
- Auto Garage Door OpenerCable - AvailableCentral Vacuum
Exterior & Lot
- Zoning
- RUA
- Garage / Parking
- 2 garage spacesAttached Garage
- Waterfront Details
- Walk to WaterAssociation RequiredViewAccess
- Water Source
- Shared Well
- Sewer
- Septic
- Construction
- Vertical SidingWood
- Color
- Blue-gray
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- DeckGarden Area
- Lot Description
- Level LotProfessionally LandscapedWater View
HOA / Association
- Fee
- $1,425 / Annually
Listing & Financials
- Property Taxes
- $3,911 / Annually
- Days on Market
- 13
- MLS #
- 24189628
- MLS Status
- Under Contract - Continue to Show
Similar Properties
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Co-Listed By
Kayla Chasse
Compass Connecticut, LLC
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 5:15 AM UTC.