306 Old Colchester Road #114
Salem, Connecticut 06420
- Beds
- 1
- Baths
- 1
- SqFt
- 800
- Year Built
- 1993
- Neighborhood
- Gardner Lake
- Property Type
- Co-op
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
SEASONAL WATERFRONT COMMUNITY ON BEAUTIFUL GARDNER LAKE. Updated wonderfully maintained log cabin exterior style unit. Brand new tankless hot water system. Full size gas range, updated kitchen. Loft area w/pull down ladder. Sectional recliner couch in living room area w/plenty room for all. Queen size bedroom w/corner vanity table. Enclosed full size porch w/mini split & ceiling fans offers additional living area. 8x12 Shed w/electricity. 2016 Golf cart, gas fuel injected, 2 seater w/custom seats & full canvas. Campground community offers private beach, boat launch, fishing dock, pavilion, hall, playground, bocce, horseshoes, camp store, on-site laundry. Plenty of activities such as bingo, food functions & bands to name a few. Boat, paddleboard, kayak, jet ski, swim, fish or just RELAX on Gardner Lake. You can vacation all season from April 15th to Nov. 1st. Gated boat storage on site. Rentable docks if available. On-Site management year long. Gated Community. Close to casinos, LI sound, shopping & more. CASH or private financing only. Welcome to the Lake!
Key Facts
- City/Town
- Salem
- Neighborhood
- Gardner Lake
- Property / Style
- Co-op · Mobile Home
- Year Built
- 1993
- Days on Market
- 0 days
- Beds
- 1
- Baths
- 1 full
- Living Area
- 800 sq ft
- Garage / Parking
- 1 total
- Property Taxes
- Not on file from MLS
- HOA Fee
- $2,632 / Annually
Market Snapshot
The Salem Market
Co-op · trailing 12 months
Active Listings
2
2 under contract
Median List Price
$101,500
2 active listings
Median Closed Price
$95,000
3 sales
Median Days on Market
7
2 active listings
Median $ / Sq Ft
$174
2 active listings
Sale-to-List Ratio
93.5%
3 sales
How this home compares
List Price
$127,000
vs $101,500 median
25.1% above median
Price / Sq Ft
$159
vs $174 median
8.6% below median
Days on Market
0 days
vs 7 days median
7 days fresher than median
Based on 2 active and 3 closed sales (trailing 12 mo) of co-op in Salem. Source: SmartMLS · As of July 29, 2026.
Location
306 Old Colchester Road #114, Salem, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$648
- Property Taxes$0
- Insurance$42
- HOA$219
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
Residence
- Property Type
- Co-op
- Subtype
- StockCooperative
- Style
- Mobile Home
- Year Built
- 1993
- New Construction
- No/Resale
- Living Area
- 800 sq ft
Schools
- Elementary
- Salem
- High
- East Lyme
Interior
- Heating
- Hot AirWall Unit
- Heat Fuel
- Propane
- Cooling
- Ceiling FansCentral AirSplit System
- Appliances
- Gas RangeMicrowaveRefrigerator
- Basement
- None
Exterior & Lot
- Zoning
- Campground
- Garage / Parking
- 1 total parking spaceOff Street Parking
- Waterfront Details
- Walk to WaterBeach RightsViewAccess
- Water Source
- Shared Well
- Sewer
- Other
- Construction
- Other
- Color
- Brown
- Exterior Features
- Covered Deck
- Lot Description
- Corner Lot
HOA / Association
- Fee
- $2,632 / Annually
- Amenities
- Basketball CourtBocci CourtGuest ParkingParkPlayground/Tot Lot
Listing & Financials
- Days on Market
- 0
- MLS #
- 24194972
- MLS Status
- Active
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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 7/29/2026. 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 3:01 AM UTC.