205 Flanders Road
East Lyme, Connecticut 06357
- Beds
- 5
- Baths
- 4
- SqFt
- 2,086
- Acres
- 0.27
- Year Built
- 1940
- 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
Business owners, investors, and homeowners alike - take notice. 205 Flanders Rd. in East Lyme offers a combination that is extremely hard to find in the Niantic area, with both commercial and residential use creating tremendous flexibility for the next owner. Run your business from the same property you call home, eliminate the commute, create a live/work setup, or explore using a portion of the property for business purposes to help offset your ownership costs. There's also plenty of parking, an important benefit for many home-based or professional businesses. Completely renovated throughout, this property features 5 bedrooms, 4 full bathrooms and over 2,000 sq. ft. of living space, new hardwood flooring, updated bathrooms, a beautiful new kitchen with cabinetry, Taj Mahal countertops and brand-new appliances, recessed lighting throughout and a naturally light and bright interior. The walk-out lower level is already plumbed for a second kitchen, adding potential for an in-law or additional living arrangement.
Key Facts
- City/Town
- East Lyme
- Neighborhood
- N/A
- Property / Style
- Single Family · Cape Cod
- Year Built
- 1940
- Days on Market
- 0 days
- Beds
- 5
- Baths
- 4 full
- Living Area
- 2,086 sq ft
- Lot Size
- 0.27 acres
- Property Taxes
- $5,089 / Annually
Market Snapshot
The East Lyme Market
Single Family · trailing 12 months
Active Listings
36
37 under contract
Median List Price
$856,350
36 active listings
Median Closed Price
$555,000
181 sales
Median Days on Market
41
36 active listings
Median $ / Sq Ft
$366
36 active listings
Sale-to-List Ratio
100.0%
181 sales
How this home compares
List Price
$494,900
vs $856,350 median
42.2% below median
Price / Sq Ft
$237
vs $366 median
35.2% below median
Days on Market
0 days
vs 41 days median
41 days fresher than median
Based on 36 active and 181 closed sales (trailing 12 mo) of single family in East Lyme. Source: SmartMLS · As of August 28, 2026.
Location
205 Flanders Road, East Lyme, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 27, 2026per month
- Principal & Interest$2,544
- Property Taxes$424
- Insurance$165
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- East Lyme
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Cape Cod
- Year Built
- 1940
- New Construction
- No/Resale
- Living Area
- 2,086 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- East Lyme
Interior
- Heating
- Hot Air
- Heat Fuel
- Oil
- Cooling
- Central Air
- Laundry
- Main Level
- Laundry Location
- Main Level laundry
- Appliances
- Electric CooktopOven/RangeMicrowaveRefrigeratorDishwasher
- Basement
- FullFull With Walk-Out
- In-Law Apartment
- PossibleFirst FloorSeparate Entry
Exterior & Lot
- Lot Size
- 0.27 acres
- Zoning
- CA
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- Corner Lot
Listing & Financials
- Property Taxes
- $5,089 / Annually
- Days on Market
- 0
- MLS #
- 24202792
- 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 8/28/2026. 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 8/28/2026 at 9:30 PM UTC.