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
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Grassy Hill Road is the kind of Old Lyme address people go looking for. Rogers Lake sits across the way, and that changes how a house feels. You notice it in the light, in the quiet, in the fact that the water is part of the daily routine instead of somewhere you drive to. Summers here mean the resident beaches, the white sand one included, kept for people who actually live in town. That's the part locals talk about. The house dates to 1969 and runs close to 3,000 square feet, and it uses the room well. The primary bedroom stretches nearly thirty feet, enough for a chair and a desk by the window without crowding the bed. A second family room upstairs means the kids' end and the grown-ups' end don't have to be the same room. Downstairs the kitchen and dining area open across the back, and a fireplace anchors the living room. What you'll use most is the deck: over 350 square feet of pressure-treated decking running toward the trees, where a Saturday in July tends to end up. Coffee out there in the morning, something on the grill by six, nobody rushing anybody inside. The basketball court is a few minutes up the road. Mini splits handle August, the water heater is three years old, and the concrete foundation has no settling reported. Public water, septic serviced in 2024, no flood zone designation. Come see it on a warm afternoon.
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
22
21 under contract
Median List Price
$779,000
22 active listings
Median Closed Price
$676,000
89 sales
Median Days on Market
37
22 active listings
Median $ / Sq Ft
$405
22 active listings
Sale-to-List Ratio
98.9%
89 sales
How this home compares
List Price
$625,000
vs $779,000 median
19.8% below median
Price / Sq Ft
$276
vs $405 median
31.9% below median
Days on Market
0 days
vs 37 days median
37 days fresher than median
Based on 22 active and 89 closed sales (trailing 12 mo) of single family in Old Lyme. Source: SmartMLS · As of August 29, 2026.
Location
87 Grassy Hill Road, Old Lyme, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 27, 2026per month
- Principal & Interest$3,213
- 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
- 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 #
- 24202891
- MLS Status
- Active
Similar Properties
Homes with a close match in area, property type, and price.
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 8/29/2026. 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 8/29/2026 at 5:40 AM UTC.