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87 Grassy Hill Road

Old Lyme, Connecticut 06371

ACTIVE - NEW$625,000
Beds
4
Baths
2
SqFt
2,266
Acres
0.48
Year Built
1969
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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2-Car Garage

About This Home

Just across from Rogers Lake, this thoughtfully renovated Cape offers 2,936 sq ft with 4 bedrooms, 2 full baths and real room to spread out. The remodeled kitchen is the heart of the home - granite counters, oversized island with seating, white shaker cabinetry, herringbone tile backsplash and stainless appliances - opening to a sun-filled dining area with slider to the deck. The living room keeps the home's character with antique beams and a fireplace. Two main-level bedrooms and a full bath make one-floor living easy, with a dedicated laundry room just off the kitchen. Upstairs you'll find a 14x30 primary bedroom, a generous family room, a third bedroom, a second full bath, and a skylit studio over the garage - ideal as an office, gym or creative space. Ductless mini-splits provide efficient heat and A/C. Nearly 400 sq ft of decking, 2-car garage with workbench, and the Rogers Lake boat launch moments away.

Key Facts

City/Town
Old Lyme
Neighborhood
N/A
Property / Style
Single Family · Cape Cod
Year Built
1969
Days on Market
0 days
Beds
4
Baths
2 full
Living Area
2,266 sq ft
Lot Size
0.48 acres
Garage / Parking
2 garage
Property Taxes
$5,260 / Annually

Market Snapshot

The Old Lyme Market

Single Family · trailing 12 months

Median Days on Market

42

23 active listings

Median $ / Sq Ft

$392

23 active listings

Sale-to-List Ratio

98.9%

88 sales

How this home compares

List Price

$625,000

vs $769,000 median

18.7% below median

Price / Sq Ft

$276

vs $392 median

29.6% below median

Days on Market

0 days

vs 42 days median

42 days fresher than median

Based on 23 active and 88 closed sales (trailing 12 mo) of single family in Old Lyme. Source: SmartMLS · As of August 26, 2026.

Location

87 Grassy Hill Road, Old Lyme, Connecticut

Property + 7 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,856

per month

  • Principal & Interest$3,210
  • Property Taxes$438
  • Insurance$208
  • HOA$0

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

Location

City/Town
Old Lyme
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Cape Cod
Year Built
1969
New Construction
No/Resale
Living Area
2,266 sq ft

Schools

Elementary
Per Board of Ed
High
Lyme-Old Lyme

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Wall Unit
Laundry
Main Level
Appliances
Electric RangeMicrowaveRange HoodRefrigeratorWasherElectric Dryer
Basement
Crawl Space
Additional Rooms
Bonus RoomLaundry Room

Exterior & Lot

Lot Size
0.48 acres
Zoning
R-20
Garage / Parking
2 garage spacesAttached Garage
Waterfront Details
Walk to WaterBeach RightsWater CommunityView
Water Source
Private Well
Sewer
Septic
Construction
Wood
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Corner LotWater View

Listing & Financials

Property Taxes
$5,260 / Annually
Days on Market
0
MLS #
24201987
MLS Status
Active

Similar Properties

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

Listed By

Joe Malerba

(860) 912-7315

eXp Realty

(866) 828-3951

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

The IDX display contains information sourced from SmartMLS, Inc. as of 8/26/2026. 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 8/26/2026 at 2:15 AM UTC.