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138 North Cove Road

Old Saybrook, Connecticut 06475

COMING SOON - NEW$1,599,000
Beds
4
Baths
3 | 1
SqFt
2,734
Acres
0.54
Year Built
1930
Matt Caiola

Matt Caiola

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2-Car Garage1 Fireplace

About This Home

A Rare Coastal Opportunity Awaits! Set in the highly sought-after North Cove Historic District of Old Saybrook, this grand colonial offers something truly special: a coveted prime coastal location, spectacular water views, and incredible potential to create the home you've always envisioned. Originally built in 1930 and expanded in 1987, this property has the character, scale, and bones of a remarkable coastal residence-but today, it's ready for a new vision. With water views from nearly every room, spacious living areas, French doors leading out to a large deck, beautiful bay windows, a brick fireplace, a first-floor primary suite, four bedrooms, three and a half baths, a two-car garage with loft space, and an exceptional setting-there is truly so much to work with. The existing layout provides a strong foundation for someone looking to renovate, reimagine, and create a truly spectacular coastal retreat in one of Connecticut shoreline's most desirable neighborhoods. Located within walking distance of local restaurants, shops, beaches, and everything else that Main Street has to offer. Property being sold in "as is".

Key Facts

City/Town
Old Saybrook
Neighborhood
Saybrook Point
Property / Style
Single Family · Colonial,Saltbox
Year Built
1930
Days on Market
0 days
Beds
4
Baths
3 full · 1 half
Living Area
2,734 sq ft
Lot Size
0.54 acres
Garage / Parking
2 garage
Property Taxes
$10,401 / Annually

Market Snapshot

The Old Saybrook Market

Single Family · trailing 12 months

Median Days on Market

52

35 active listings

Median $ / Sq Ft

$561

35 active listings

Sale-to-List Ratio

99.1%

126 sales

How this home compares

List Price

$1.60M

vs $1.04M median

53.0% above median

Price / Sq Ft

$585

vs $561 median

In line with median

Days on Market

0 days

vs 52 days median

52 days fresher than median

Based on 35 active and 126 closed sales (trailing 12 mo) of single family in Old Saybrook. Source: SmartMLS · As of August 22, 2026.

Location

138 North Cove Road, Old Saybrook, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$9,612

per month

  • Principal & Interest$8,212
  • Property Taxes$867
  • Insurance$533
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Old Saybrook
Neighborhood
Saybrook Point
County
Middlesex

Residence

Property Type
Single Family
Style
Colonial,Saltbox
Year Built
1930
New Construction
No/Resale
Living Area
2,734 sq ft

Schools

Elementary
Per Board of Ed
High
Old Saybrook

Interior

Heating
Hot AirZoned
Heat Fuel
Oil
Cooling
Central Air
Fireplaces
1
Laundry
Main Level
Appliances
Oven/RangeDishwasher
Basement
FullUnfinishedFull With Hatchway

Exterior & Lot

Lot Size
0.54 acres
Zoning
AA-2
Garage / Parking
2 garage spacesDetached Garage
Waterfront Details
Walk to WaterView
Water Source
Public Water Connected
Sewer
Septic
Flood Zone
No
Construction
Wood
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
TerraceAwningsPorchDeckFrench Doors
Lot Description
Water View

Listing & Financials

Property Taxes
$10,401 / Annually
Days on Market
0
MLS #
24199659
MLS Status
Coming Soon

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Marcello Delmonaco

(203) 401-1931

Coldwell Banker Realty

(203) 245-4700

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 8/22/2026. 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 8/22/2026 at 7:35 AM UTC.