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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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2-Car Garage

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

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

Property + 8 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,859

per 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

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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 8/29/2026. 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.