71 Knollwood Drive
Old Saybrook, Connecticut 06475
Reduced from $799,500
- 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 recently sparkled-up home. This beach house lives on a wide, 0.98-acre lot offering possibilities rarely found this close to the shoreline. First time since it was built. Come and live it up now! This one can generate rental income, or land-bank this parcel while planning something much more commodious for tomorrow. Knollwood is renovation-active, with many 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 and vinyl siding. Downstairs is made for entertaining in the family room, featuring a newer wood stove, a '70s show bar with a sink, an office/mudroom from the garage, a workshop, laundry, and a half bath. The wide lot (97 feet of frontage) features a circular driveway leading to the one-car garage. Step onto the rear deck for marsh views and a spacious backyard with room for a fire pit and outdoor gatherings. Enjoy the association beach, pier and walkway, clubhouse, tennis/pickleball courts, basketball and baseball fields, and playground. Use it today while enjoying the tremendous fun this Old Saybrook location has to offer. There is plenty of upside for grand expansion tomorrow or simply making more fond memories every day.
Key Facts
- City/Town
- Old Saybrook
- Neighborhood
- Knollwood Beach
- Property / Style
- Single Family · Raised Ranch
- Year Built
- 1964
- Days on Market
- 71 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
33
14 under contract
Median List Price
$925,000
33 active listings
Median Closed Price
$750,000
133 sales
Median Days on Market
78
33 active listings
Median $ / Sq Ft
$466
33 active listings
Sale-to-List Ratio
99.3%
133 sales
How this home compares
List Price
$750,000
vs $925,000 median
18.9% below median
Price / Sq Ft
$404
vs $466 median
13.3% below median
Days on Market
71 days
vs 78 days median
7 days fresher than median
Based on 33 active and 133 closed sales (trailing 12 mo) of single family in Old Saybrook. Source: SmartMLS · As of October 29, 2026.
Location
71 Knollwood Drive, Old Saybrook, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 29, 2026per month
- Principal & Interest$4,089
- Property Taxes$564
- Insurance$250
- 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
- Yes
- 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
- 71
- MLS #
- 24200281
- MLS Status
- Active
- Financing
- FHA,VA,CHFA
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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 10/29/2026. 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 10/29/2026 at 10:50 PM UTC.