1 Gamma Avenue
Old Lyme, Connecticut 06371
- Beds
- 3
- Baths
- 1
- SqFt
- 1,800
- Acres
- 0.34
- Year Built
- 1958
- Neighborhood
- Rogers 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
Let the memories begin at Rogers Lake! This beautifully maintained 3-bedroom solid stucco home offers deeded lake access with its own private right-of-way just across the street-enjoy the sandy beach and waterfront in less than a 2-minute walk. Situated on a desirable corner lot, this home has been thoughtfully updated and is move-in ready. Recent improvements include a new roof (6 years old), newer heating burner, water heater approximately 1.5 years old, and a brand-new septic tank to be installed prior to closing for added peace of mind. Inside, you'll love the freshly painted interior and the stunning white oak hardwood floors, recently sanded and left in their natural finish, bringing warmth and timeless character throughout. The spacious layout features a welcoming living room with a wood-burning fireplace, a finished lower level with a second fireplace-perfect for a family room, game room, or guest space-and a separate dining room that can easily serve as a home office or flex room. Step outside to enjoy the updated landscaping, relax in the charming gazebo, or take a short stroll to the lake for swimming, kayaking, fishing, or simply soaking up the sun. Whether you're looking for a year-round residence or the perfect shoreline retreat, this Rogers Lake gem offers the ideal blend of comfort, updates, and lake living. Come experience the lifestyle-your next chapter starts here!
Key Facts
- City/Town
- Old Lyme
- Neighborhood
- Rogers Lake
- Property / Style
- Single Family · Ranch
- Year Built
- 1958
- Days on Market
- 6 days
- Beds
- 3
- Baths
- 1 full
- Living Area
- 1,800 sq ft
- Lot Size
- 0.34 acres
- Property Taxes
- $3,702 / Annually
- HOA Fee
- $200 / Annually
Market Snapshot
The Old Lyme Market
Single Family · trailing 12 months
Active Listings
23
20 under contract
Median List Price
$799,000
23 active listings
Median Closed Price
$673,000
90 sales
Median Days on Market
32
23 active listings
Median $ / Sq Ft
$490
23 active listings
Sale-to-List Ratio
99.2%
90 sales
How this home compares
List Price
$400,000
vs $799,000 median
49.9% below median
Price / Sq Ft
$222
vs $490 median
54.7% below median
Days on Market
6 days
vs 32 days median
26 days fresher than median
Based on 23 active and 90 closed sales (trailing 12 mo) of single family in Old Lyme. Source: SmartMLS · As of July 28, 2026.
Location
1 Gamma Avenue, Old Lyme, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,039
- Property Taxes$309
- Insurance$133
- HOA$17
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Old Lyme
- Neighborhood
- Rogers Lake
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Ranch
- Year Built
- 1958
- New Construction
- No/Resale
- Living Area
- 1,800 sq ft
- Below Grade
- 585 sq ft
Schools
- Elementary
- Mile Creek
- High
- Lyme-Old Lyme
Interior
- Heating
- BaseboardHot Water
- Heat Fuel
- Oil
- Cooling
- None
- Fireplaces
- 2
- Laundry
- Lower Level
- Appliances
- Oven/RangeRefrigeratorDishwasher
- Basement
- FullHeatedSump PumpInterior AccessPartially FinishedConcrete FloorFull With Hatchway
- In-Law Apartment
- No
- Interior Features
- Cable - Available
- Additional Rooms
- Bonus RoomLaundry Room
Exterior & Lot
- Lot Size
- 0.34 acres
- Zoning
- R-10
- Waterfront Details
- Walk to WaterViewAccess
- Water Source
- Private Well
- Sewer
- Septic
- Flood Zone
- No
- Construction
- Stucco
- Color
- Creme
- Roof
- Asphalt Shingle
- Foundation
- Block
- Exterior Features
- GazeboGutters
- Lot Description
- Corner LotLevel Lot
HOA / Association
- Fee
- $200 / Annually
- Amenities
- Club House
Listing & Financials
- Property Taxes
- $3,702 / Annually
- Days on Market
- 6
- MLS #
- 24193242
- MLS Status
- Active
- Financing
- FHA
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Co-Listed By
Timothy O'Hara
William Raveis Real Estate
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 4:25 AM UTC.