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38 Hope Street #1108

East Lyme, Connecticut 06357

ACTIVE - NEW$206,000
Beds
2
Baths
2
SqFt
918
Year Built
2015
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

**WORKFORCE 60% UNIT, INCOME LIMITS AND ELIGIBILITY APPLIES. WELCOME TO SEASIDE VILLAGE IN THE HEART OF NIANTIC and a secured access complex!! LOCATION MATTERS AND THIS ONE IS SURE TO PLEASE! This one owner unit shows pride of ownership and has been maticulously maintained, updated and is move in ready. Coastal living just steps to Downtown Niantic,Boardwalk,Beaches, Restaurants , Bakery, Theatre and more! This bright and sunny 1st floor unit offers 2 bedrooms and 2 full baths, one in the primary with custom shelved walk in closet. The 2nd bedroom has a built in murphy bed, making this a multifunction room of your choice! The kitchen has plenty of cabinet storage, Stainless steel appliances and pretty granite counter tops. Enjoy the open floorplan flowing from kitchen into dining and living area that makes daily life and entertaining simple and fun! The rooms are a generous size with wide doorway and hallways!The main living area has been updated with new vinyl flooring, along with a newer on demand hot water heater that has proven to be energy efficient!! The grounds are lovely with a common green and sweet gazebo, sidewalks and plenty of guest parking space. Let someone else maintain the grounds and remove the snow incuded in your low HOA fee's.Pet friendly (restrictions apply). A must see unit !!! APPLICANTS MUST QUALIFY based on household income restrictions for this 60% workforce unit:One Occupant:$46,998 2 Occupantants $53,712 ,3 Occupants:$60,426 ,4 Occupants $67,14

Key Facts

City/Town
East Lyme
Neighborhood
Niantic
Property / Style
Condo · Ranch
Year Built
2015
Days on Market
0 days
Beds
2
Baths
2 full
Living Area
918 sq ft
Garage / Parking
1 total
Property Taxes
$3,427 / Annually
HOA Fee
$46 / Monthly

Market Snapshot

The East Lyme Market

Condo · trailing 12 months

Median Days on Market

27

16 active listings

Median $ / Sq Ft

$326

16 active listings

Sale-to-List Ratio

100.0%

63 sales

How this home compares

List Price

$206,000

vs $382,499 median

46.1% below median

Price / Sq Ft

$224

vs $326 median

31.3% below median

Days on Market

0 days

vs 27 days median

27 days fresher than median

Based on 16 active and 63 closed sales (trailing 12 mo) of condo in East Lyme. Source: SmartMLS · As of September 15, 2026.

Location

38 Hope Street #1108, East Lyme, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,471

per month

  • Principal & Interest$1,070
  • Property Taxes$286
  • Insurance$69
  • HOA$46

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
East Lyme
Neighborhood
Niantic
County
New London

Residence

Property Type
Condo
Subtype
Condominium
Style
Ranch
Year Built
2015
New Construction
No/Resale
Living Area
918 sq ft

Schools

Elementary
Per Board of Ed
High
East Lyme

Interior

Heating
Heat PumpHot Air
Heat Fuel
Propane
Cooling
Central Air
Laundry
Main Level
Laundry Location
Main levelin Unit
Appliances
Oven/RangeMicrowaveRefrigeratorWasherDryer
Basement
None

Exterior & Lot

Zoning
Per town
Garage / Parking
1 total parking spacePavedUnassigned ParkingAssigned Parking
Waterfront Details
Walk to Water
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Exterior Features
SidewalkGazeboGarden Area
Lot Description
Level Lot

HOA / Association

Fee
$46 / Monthly
Amenities
Guest Parking

Listing & Financials

Property Taxes
$3,427 / Annually
Days on Market
0
MLS #
24207003
MLS Status
Active

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Listed By

Lisa Bernard

(860) 287-0508

Coldwell Banker Realty

(860) 739-6277

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/15/2026. 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 9/15/2026 at 8:00 PM UTC.