Skip main navigation
Under contract
    • Price cut: $200K (9/22)
    $2,000,000

    138 North Cove Road, Old Saybrook, CT 06475

    4beds
    2,734sqft
    : 
    $12,991/mo
    Get pre-qualified
    Single Family Residence
    Built in 1930
    0.54 Acres Lot
    $1,960,800 Zestimate®
    $732/sqft
    $-- HOA

    What's special

    A Rare Coastal Opportunity Awaits! Set in the highly sought-after North Cove Historic District of Old Saybrook, this grand colonial offers something truly special: a coveted prime coastal location, spectacular water views, and incredible potential to create the home you've always envisioned. Originally built in 1930 and expanded in 1987, this property has the character, scale, and bones of a remarkable coastal residence-but today, it's ready for a new vision. With water views from nearly every room, spacious living areas, French doors leading out to a large deck, beautiful bay windows, a brick fireplace, a first-floor primary suite, four bedrooms, three and a half baths, a two-car garage with loft space, and an exceptional setting-there is truly so much to work with. The existing layout provides a strong foundation for someone looking to renovate, reimagine, and create a truly spectacular coastal retreat in one of Connecticut shoreline's most desirable neighborhoods. Located within walking distance of local restaurants, shops, beaches, and everything else that Main Street has to offer. Property being sold in "as is".
    42 days
    1,997
    71

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Marcello Delmonaco (203)401-1931,

    Coldwell Banker Realty 203-245-4700

    Source: Smart MLS,MLS#: 24199659MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Full Bath, Whirlpool Tub, Walk-In Closet(s)
      • Level: Main
      • Area: 288 Square Feet
      • Dimensions: 16 x 18
      Bedroom
      • Level: Upper
      • Area: 144.43 Square Feet
      • Dimensions: 11.11 x 13
      Bedroom
      • Level: Upper
      • Area: 234.9 Square Feet
      • Dimensions: 13.5 x 17.4
      Bedroom
      • Level: Upper
      • Area: 167.4 Square Feet
      • Dimensions: 12.4 x 13.5
      Dining room
      • Features: Built-in Features, Hardwood Floor
      • Level: Main
      • Area: 209.25 Square Feet
      • Dimensions: 15.5 x 13.5
      Family room
      • Features: Bay/Bow Window, French Doors, Hardwood Floor
      • Level: Main
      • Area: 421.2 Square Feet
      • Dimensions: 13.5 x 31.2
      Kitchen
      • Features: Kitchen Island, Hardwood Floor
      • Level: Main
      • Area: 181.8 Square Feet
      • Dimensions: 15 x 12.12
      Living room
      • Features: Bay/Bow Window, Balcony/Deck, Fireplace, French Doors, Hardwood Floor
      • Level: Main
      • Area: 184.8 Square Feet
      • Dimensions: 14 x 13.2
      Heating
      • Forced Air, Zoned, Oil
      Cooling
      • Central Air
      Appliances
      • Included: Oven/Range, Dishwasher, Water Heater
      • Laundry: Main Level
      Features
      • Doors: French Doors
      • Basement: Full,Unfinished
      • Attic: Walk-up
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,734
      • Total interior livable area: 2,734 sqft
      • Finished area above ground: 2,734

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Patio & porch: Terrace, Porch, Deck
      • Exterior features: Awning(s)
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Walk to Water
      Lot
      • Size: 0.54 Acres
      Details
      • Parcel number: 1026899
      • Zoning: AA-2

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Saltbox
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Features: Golf, Library, Medical Facilities, Playground, Shopping/Mall
      • Subdivision: Saybrook Point
      HOA
      • Has HOA: No
      Location
      • Region: Old Saybrook

      Financial & listing details

      • Price per square foot: $732/sqft
      • Tax assessed value: $671,000
      • Annual tax amount: $10,401
      • Date on market: 8/22/2026

        Estimated market value

        $1,960,800

        $1.86M - $2.06M

        $5,077/mo

        Price history

        DateEventPrice
        9/25/2026Pending sale$2,000,000$732/sqft
        Source: Smart MLS #24199659 Report a problem
        9/22/2026Price change$2,000,000-9.1%$732/sqft
        Source: Smart MLS #24199659 Report a problem
        9/8/2026Price change$2,200,000+37.6%$805/sqft
        Source: Smart MLS #24199659 Report a problem
        9/4/2026Listed for sale$1,599,000+26.2%$585/sqft
        Source: Smart MLS #24199659 Report a problem
        3/22/2022Sold$1,267,500-14.1%$464/sqft
        Source: Smart MLS #170433601 Report a problem
        1/27/2022Contingent$1,475,000$540/sqft
        Source: Smart MLS #170433601 Report a problem
        11/2/2021Price change$1,475,000-10.6%$540/sqft
        Source: Smart MLS #170433601 Report a problem
        9/15/2021Listed for sale$1,650,000$604/sqft
        Source: Smart MLS #170433601 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,401 +2%$671,000
        2024$10,199 -18%$671,000 +10.3%
        2023$12,438 +1.8%$608,200
        2022$12,213 +0.2%$608,200
        2021$12,194 $608,200
        2020$12,194 +1.5%$608,200
        2019$12,012 -9.8%$608,200 -10.5%
        2018$13,318 -0.3%$679,500
        2017$13,359 +2.1%$679,500
        2016$13,087 +2.4%$679,500
        2015$12,781 +1.7%$679,500
        2014$12,571 +1.3%$679,500 -16.7%
        2013$12,406 +4%$816,200
        2012$11,933 +4%$816,200
        2011$11,476 +4.6%$816,200
        2009$10,970 -0.9%$816,200 +16.7%
        2007$11,075 +8.5%$699,200
        2005$10,208 -17.9%$699,200 -22.4%
        2004$12,439 +46%$901,400 +128.3%
        2003$8,518 +9%$394,900 -0.1%
        2001$7,815 +75.1%$395,300 +29.9%
        1995$4,462 $304,360
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Old Saybrook Center

        Getting around

        14 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Old Saybrook

        Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Old Saybrook Topics

              Search
              Updates
              Favorites
              Plan
              Inbox