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2 Myrica Way

Old Lyme, Connecticut 06371

ACTIVE$745,000

Reduced from $785,000

Beds
4
Baths
2 | 1
SqFt
3,014
Acres
0.89
Year Built
1995
Matt Caiola

Matt Caiola

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About This Home

This terrific Peppermint Ridge home offers a versatile plan, beautiful yard and 60-acres of surrounding neighborhood open space. RECENT UPDATES: super high-efficiency heat pump system for heat and AC (bills available,) second-floor oak hardwoods and 2024 exterior paint. Smart home tech controls lighting and heating throughout. A NEW ROOF WILL BE INSTALLED prior to closing, offering the next owner added peace of mind. Roof is sound, just older. Find higher ceilings, an open-plan, and a center island kitchen with breakfast area open to the great room. Formal living room and dining rooms flank the entry and turned staircase. The first-floor office has a dedicated entry, ideal for working from home or potential expansive mudroom. Upstairs, newly installed hardwood floors complement four bedrooms. The primary bedroom features an ensuite bath and walk-in closet. The spacious 4th bedroom features a separate thermostat for heating/cooling. Outside, a spacious, level yard provides plenty of room for play, a rover, or gardening. There is a large full basement. Peppermint Ridge neighbors enjoy quiet streets for walking/biking just 1.5 miles to Mile Creek K-5 Elementary, 2 miles to Old Lyme's white-sand beaches and a short drive to the village and center with shops, restaurants, galleries and upper school campus. Modest cosmetics give you a chance to make will make this one your own!

Key Facts

City/Town
Old Lyme
Neighborhood
N/A
Property / Style
Single Family · Colonial
Year Built
1995
Days on Market
59 days
Beds
4
Baths
2 full · 1 half
Living Area
3,014 sq ft
Lot Size
0.89 acres
Garage / Parking
2 garage
Property Taxes
$8,287 / Annually
HOA Fee
$850 / Annually

Market Snapshot

The Old Lyme Market

Single Family · trailing 12 months

Median Days on Market

74

29 active listings

Median $ / Sq Ft

$401

29 active listings

Sale-to-List Ratio

99.2%

99 sales

How this home compares

List Price

$745,000

vs $799,000 median

6.8% below median

Price / Sq Ft

$247

vs $401 median

38.4% below median

Days on Market

59 days

vs 74 days median

15 days fresher than median

Based on 29 active and 99 closed sales (trailing 12 mo) of single family in Old Lyme. Source: SmartMLS · As of October 29, 2026.

Location

2 Myrica Way, Old Lyme, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$5,072

per month

  • Principal & Interest$4,062
  • Property Taxes$691
  • Insurance$248
  • HOA$71

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
Subdivision
Peppermint Ridge

Residence

Property Type
Single Family
Style
Colonial
Year Built
1995
New Construction
No/Resale
Living Area
3,014 sq ft

Schools

Elementary
Mile Creek
High
Lyme-Old Lyme

Interior

Heating
Hot Air
Heat Fuel
ElectricOil
Cooling
Central AirHeat Pump
Fireplaces
1
Laundry
Main Level
Laundry Location
Main level dedicated laundry room 9x6
Appliances
Oven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
FullUnfinishedFull With Hatchway
Interior Features
Auto Garage Door OpenerCable - AvailableOpen Floor Plan

Exterior & Lot

Lot Size
0.89 acres
Zoning
RU80
Garage / Parking
2 garage spacesAttached Garage
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Flood Zone
No
Construction
Clapboard
Color
Slate
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
Deck
Lot Description
Level LotOn Cul-De-Sac

HOA / Association

Fee
$850 / Annually

Listing & Financials

Property Taxes
$8,287 / Annually
Days on Market
59
MLS #
24203079
MLS Status
Active

Similar Properties

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Listed By

Nancy Mesham

(860) 227-9071

Coldwell Banker Realty

(860) 434-8600

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

The IDX display contains information sourced from SmartMLS, Inc. as of 10/29/2026. 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 10/29/2026 at 9:45 PM UTC.