71 Knollwood Drive
Old Saybrook, Connecticut 06475
- Beds
- 3
- Baths
- 1 | 1
- SqFt
- 1,856
- Acres
- 0.98
- Year Built
- 1964
- Neighborhood
- Knollwood Beach
- 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
KNOLLWOOD BEACH - Here is the opportunity! A Raised Ranch sitting OUT OF THE FLOOD ZONE on a wide .98-acre lot offering possibilities rarely found this close to the shoreline. Offered for the first time since it was built, enjoy it now, generate rental income or LAND BANK this nearly one-acre parcel while planning something much more commodious for tomorrow. Knollwood is renovation active, with 4 projects currently underway surrounding this home - a proven location for substantial improvements and new construction. Recent upgrades include a new 200 AMP electrical panel, central A/C and forced-air heat. Additional work is being completed to bring the home to move-in condition prior to the active date, including painting, flooring and tree work. Downstairs is made for entertaining with a family room, newer wood stove and built-in wet bar with sink, plus additional living space, workshop, laundry and half bath. The wide driveway circles around back to the one-car garage. Step onto the rear deck for marsh views and a spacious backyard with room for a firepit and outdoor gatherings. Enjoy the association beach, pier and walkway, clubhouse, tennis/pickleball, basketball, baseball field and playground. Use it today while considering the tremendous potential this unique piece of Knollwood Beach Association holds for tomorrow.
Key Facts
- City/Town
- Old Saybrook
- Neighborhood
- Knollwood Beach
- Property / Style
- Single Family · Raised Ranch
- Year Built
- 1964
- Days on Market
- 0 days
- Beds
- 3
- Baths
- 1 full · 1 half
- Living Area
- 1,856 sq ft
- Lot Size
- 0.98 acres
- Garage / Parking
- 1 garage · 8 total
- Property Taxes
- $6,772 / Annually
- HOA Fee
- $1,000 / Annually
Market Snapshot
The Old Saybrook Market
Single Family · trailing 12 months
Active Listings
35
23 under contract
Median List Price
$1.10M
35 active listings
Median Closed Price
$750,000
127 sales
Median Days on Market
49
35 active listings
Median $ / Sq Ft
$564
35 active listings
Sale-to-List Ratio
99.2%
127 sales
How this home compares
List Price
$799,500
vs $1.10M median
27.3% below median
Price / Sq Ft
$431
vs $564 median
23.6% below median
Days on Market
0 days
vs 49 days median
49 days fresher than median
Based on 35 active and 127 closed sales (trailing 12 mo) of single family in Old Saybrook. Source: SmartMLS · As of August 19, 2026.
Location
71 Knollwood Drive, Old Saybrook, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 13, 2026per month
- Principal & Interest$4,114
- Property Taxes$564
- Insurance$267
- HOA$83
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Old Saybrook
- Neighborhood
- Knollwood Beach
- County
- Middlesex
Residence
- Property Type
- Single Family
- Style
- Raised Ranch
- Year Built
- 1964
- New Construction
- No/Resale
- Living Area
- 1,856 sq ft
- Below Grade
- 763 sq ft
Schools
- Elementary
- Kathleen E. Goodwin
- High
- Old Saybrook
Interior
- Heating
- BaseboardHot Air
- Heat Fuel
- ElectricPropane
- Cooling
- Central Air
- Laundry
- Lower Level
- Appliances
- Electric RangeMicrowaveRange HoodRefrigeratorDishwasherWasherElectric Dryer
- Basement
- None
- In-Law Apartment
- No
- Additional Rooms
- Workshop
Exterior & Lot
- Lot Size
- 0.98 acres
- Zoning
- A
- Garage / Parking
- 1 garage space8 total parking spacesUnder House GarageOff Street ParkingDrivewayUnpavedUnpaved
- Waterfront Details
- Walk to WaterBeach RightsAssociation Required
- Water Source
- Public Water Connected
- Sewer
- Septic
- Flood Zone
- No
- Construction
- Vinyl Siding
- Color
- Green
- Roof
- Asphalt Shingle
- Foundation
- BlockConcrete
- Exterior Features
- DeckGutters
- Lot Description
- Level Lot
HOA / Association
- Fee
- $1,000 / Annually
- Amenities
- Basketball CourtParkPlayground/Tot LotTennis Courts
Listing & Financials
- Property Taxes
- $6,772 / Annually
- Days on Market
- 0
- MLS #
- 24200281
- MLS Status
- Coming Soon
- Financing
- FHA,VA,CHFA
Similar Properties
Homes with a close match in area, property type, and price.
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.