87 Cove Road
Lyme, Connecticut 06371
- Beds
- 5
- Baths
- 4 | 1
- SqFt
- 5,827
- Acres
- 2.10
- Year Built
- 1986
- Neighborhood
- Hamburg
- 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
Set on 2.1 private acres directly along Hamburg Cove, WATERLOT offers an extraordinary opportunity to acquire a premier waterfront estate on one of New England's most cherished maritime retreats. Renowned among boating enthusiasts as one of the region's finest and most secure "hurricane holes," Hamburg Cove provides a beautiful backdrop to this home. The property boasts over 220 feet of direct water frontage and potential for dockage capable of accommodating vessels up to 80 feet - a true unicorn for the region, where private residential slips of this scale and depth are virtually non-existent. Built with exceptional craftsmanship, the home offers a timeless foundation for its next chapter. While impeccably maintained and completely functional to enjoy as-is, the interiors await your bespoke design vision, offering an ideal canvas to craft a world-class waterfront haven.
Key Facts
- City/Town
- Lyme
- Neighborhood
- Hamburg
- Property / Style
- Single Family · Contemporary
- Year Built
- 1986
- Days on Market
- 0 days
- Beds
- 5
- Baths
- 4 full · 1 half
- Living Area
- 5,827 sq ft
- Lot Size
- 2.10 acres
- Garage / Parking
- 3 garage · 6 total
- Property Taxes
- $24,128 / Annually
Market Snapshot
The Lyme Market
Single Family · trailing 12 months
Active Listings
12
5 under contract
Median List Price
$3.17M
12 active listings
Median Closed Price
$740,501
30 sales
Median Days on Market
92
12 active listings
Median $ / Sq Ft
$514
12 active listings
Sale-to-List Ratio
99.3%
30 sales
How this home compares
List Price
$3.50M
vs $3.17M median
10.2% above median
Price / Sq Ft
$600
vs $514 median
16.7% above median
Days on Market
0 days
vs 92 days median
92 days fresher than median
Based on 12 active and 30 closed sales (trailing 12 mo) of single family in Lyme. Source: SmartMLS · As of October 7, 2026.
Location
87 Cove Road, Lyme, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 1, 2026per month
- Principal & Interest$19,131
- Property Taxes$2,011
- Insurance$1,165
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Lyme
- Neighborhood
- Hamburg
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Contemporary
- Year Built
- 1986
- New Construction
- No/Resale
- Living Area
- 5,827 sq ft
Schools
- Elementary
- Lyme Consolidated
- High
- Lyme-Old Lyme
Interior
- Heating
- Hot Air
- Heat Fuel
- Oil
- Cooling
- Central Air
- Fireplaces
- 1
- Laundry
- Main Level
- Laundry Location
- First Floor
- Appliances
- Oven/RangeRefrigeratorSubzeroDishwasherWasherDryer
- Basement
- FullUnfinishedStorageInterior AccessWalk-outConcrete FloorFull With Walk-Out
- In-Law Apartment
- PossibleDetachedLower Level
- Interior Features
- Cable - Available
Exterior & Lot
- Lot Size
- 2.10 acres
- Zoning
- RU40
- Garage / Parking
- 3 garage spaces6 total parking spacesDetached GaragePavedDrivewayPrivatePaved
- Waterfront
- Direct waterfront
- Waterfront Details
- RiverDock or MooringViewAccess
- Water Source
- Private Well
- Sewer
- Septic
- Construction
- Stucco
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Underground UtilitiesDeckStone Wall
- Lot Description
- Lightly WoodedTreedSloping LotClearedWater View
Listing & Financials
- Property Taxes
- $24,128 / Annually
- Days on Market
- 0
- MLS #
- 24199840
- MLS Status
- Coming Soon
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 10/7/2026. 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 10/7/2026 at 11:35 PM UTC.