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87 Cove Road

Lyme, Connecticut 06371

COMING SOON - NEW$3,495,000
Beds
5
Baths
4 | 1
SqFt
5,827
Acres
2.10
Year Built
1986
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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WaterfrontDock / Mooring3-Car Garage1 FireplaceVirtual Tour

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

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

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$22,307

per 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.

Listed By

Erin Borruso

(860) 227-4023

William Pitt Sotheby's Int'l

(860) 767-7488

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.