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16 Pattagansett Drive

East Lyme, Connecticut 06333

ACTIVE$395,000

Reduced from $440,000

Beds
2
Baths
1
SqFt
964
Acres
0.27
Year Built
1955
Matt Caiola

Matt Caiola

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WaterfrontPrice Reduced

About This Home

Live Life Easy on the Lake! Welcome to 16 Pattagansett Drive, a charming and well-maintained two-bedroom ranch tucked away in the desirable shoreline town of East Lyme. Whether you're looking for your first home, a weekend getaway, a place to enjoy the lake, or an easy-to-manage home for your next chapter, this inviting property offers a wonderful opportunity to enjoy the best of shoreline living. Located on Lake Pattagansett, the property offers a lovely water view, with nearby water access for boating (boat landing nearby), bringing a little everyday vacation feeling to life at home. Inside, you'll find a comfortable eat-in kitchen with updated stainless-steel appliances, hardwood floors in the living room, and newer carpeting in both bedrooms (2022). Thoughtfully designed for flexibility, the home offers washer/dryer hookups in the basement, along with an additional hookup in the primary bedroom closet-making convenient one-floor living a possibility. The basement provides plenty of room for storage and offers potential for additional finished space, depending on your needs. A newer roof (2015) adds peace of mind, while a rear garage door provides easy access to the basement for storing lawn and snow equipment, kayaks, bikes, and more. All of this in a convenient East Lyme location just off Boston Post Road, close to beaches, shopping, dining, and everything the Connecticut Shoreline has to offer.

Key Facts

City/Town
East Lyme
Neighborhood
N/A
Property / Style
Single Family · Ranch
Year Built
1955
Days on Market
54 days
Beds
2
Baths
1 full
Living Area
964 sq ft
Lot Size
0.27 acres
Garage / Parking
2 total
Property Taxes
$6,542 / Annually

Market Snapshot

The East Lyme Market

Single Family · trailing 12 months

Median Days on Market

50

40 active listings

Median $ / Sq Ft

$367

40 active listings

Sale-to-List Ratio

100.0%

182 sales

How this home compares

List Price

$395,000

vs $823,250 median

52.0% below median

Price / Sq Ft

$410

vs $367 median

11.7% above median

Days on Market

54 days

vs 50 days median

4 days longer than median

Based on 40 active and 182 closed sales (trailing 12 mo) of single family in East Lyme. Source: SmartMLS · As of November 2, 2026.

Location

16 Pattagansett Drive, East Lyme, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,831

per month

  • Principal & Interest$2,154
  • Property Taxes$545
  • Insurance$132
  • 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
Ranch
Year Built
1955
New Construction
No/Resale
Living Area
964 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
Ceiling Fans
Laundry
Lower Level
Laundry Location
Basement. Also hookup in bedroom closet
Appliances
Oven/RangeRefrigeratorDishwasherWasherElectric Dryer
Basement
FullUnfinishedFull With Hatchway
In-Law Apartment
No

Exterior & Lot

Lot Size
0.27 acres
Zoning
R40
Garage / Parking
2 total parking spacesDrivewayPaved
Waterfront
Direct waterfront
Waterfront Details
LakeWalk to WaterView
Water Source
Public Water Connected
Sewer
Septic
Construction
Vinyl Siding
Roof
Shingle
Foundation
Concrete
Exterior Features
Garden Area
Lot Description
ClearedWater View

Listing & Financials

Property Taxes
$6,542 / Annually
Days on Market
54
MLS #
24203903
MLS Status
Active

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Listed By

Laurie Warshavsky

L.J. Shoreline Realty

(860) 205-6321

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

The IDX display contains information sourced from SmartMLS, Inc. as of 11/2/2026. 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 11/2/2026 at 7:35 PM UTC.