87 Grassy Hill Road
Old Lyme, Connecticut 06371
- Beds
- 4
- Baths
- 2
- SqFt
- 2,266
- Acres
- 0.48
- Year Built
- 1969
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
23
20 under contract
Median List Price
$769,000
23 active listings
Median Closed Price
$673,000
88 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 20, 2026per 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
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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 8/26/2026. 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.