228-B Mile Creek Road
Old Lyme, Connecticut 06371
- Beds
- 0
- Baths
- 0
- SqFt
- —
- Acres
- 1.58
- Neighborhood
- Mile Creek
- Property Type
- Land
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Considering a new build now or in the future? Can't find, "just the right property?" It's time to secure this very special location that is lightly wooded overlooking a neighboring pond. Welcome to 228-2 Mile Creek Road, an incredible 1.58 acre building lot located on one of the most scenic Old Lyme roads. Nearby, find Mile Creek K-5 Elementary, Old Lyme public beaches and a short drive to town. No flood insurance. Enjoy the loop - a 3.2 mile morning bike ride ride or walk along Mile Creek, Browns Lane and Flat Rock Hill. Spend the afternoon at White Sands Beach and the evening at one of the many art openings at the Lyme Art Association or Florence Griswold Museum. Old Lyme is know for it's vibrant arts community, beaches, water and trail access and open spaces making it a wonderful weekend and year round destination. Welcome to the, "Place between places." Note the subdivision and building lot approval was completed 2007.
Key Facts
- City/Town
- Old Lyme
- Neighborhood
- Mile Creek
- Property Type
- Land
- Days on Market
- 0 days
- Beds
- 0
- Baths
- 0 baths
- Lot Size
- 1.58 acres
- Property Taxes
- $1,740 / Annually
Market Snapshot
The Old Lyme Market
Land · trailing 12 months
Active Listings
5
2 under contract
Median List Price
$250,000
5 active listings
Median Closed Price
$386,000
2 sales
Median Days on Market
95
5 active listings
Median $ / Sq Ft
--
5 active listings
Sale-to-List Ratio
77.9%
2 sales
How this home compares
List Price
$185,000
vs $250,000 median
26.0% below median
Price / Sq Ft
--
Median unavailable
Limited comparable data
Days on Market
0 days
vs 95 days median
95 days fresher than median
Based on 5 active and 2 closed sales (trailing 12 mo) of land in Old Lyme. Source: SmartMLS · As of August 19, 2026.
Location
228-B Mile Creek Road, Old Lyme, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 13, 2026per month
- Principal & Interest$952
- Property Taxes$145
- Insurance$62
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Old Lyme
- Neighborhood
- Mile Creek
- County
- New London
Residence
- Property Type
- Land
- Subtype
- SingleFamilyResidence
Schools
- Elementary
- Mile Creek
- High
- Lyme-Old Lyme
Exterior & Lot
- Lot Size
- 1.58 acres
- Zoning
- RU-40
- Waterfront Details
- Not Applicable
- Water Source
- Well Required
- Sewer
- Septic Required
- Flood Zone
- No
- Lot Description
- Some WetlandsInterior LotLightly WoodedLevel Lot
Listing & Financials
- Property Taxes
- $1,740 / Annually
- Days on Market
- 0
- MLS #
- 24198225
- MLS Status
- Active
Similar Properties
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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 8/19/2026. 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 8/19/2026 at 4:05 PM UTC.