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Sold for $1,000,000
  • $1,000,000

    148 Old Colchester Road, Salem, CT 06420

    3beds
    2,379sqft
    Single Family Residence
    Built in 1987
    0.3 Acres Lot
    $-- Zestimate®
    $420/sqft
    $4,430 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,430/mo

    Zestimate® history
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    What's special

    Set along the shores of Gardner Lake, this exceptional lakefront property offers a rare opportunity to experience true waterfront living from all three levels of the home, four levels if you count your private beach and dock! Whether you're searching for a year-round residence, a private lakefront escape, or a property with income-generating potential, this offering adapts to a variety of lifestyles. The 2,379 square foot property that features 3 bedrooms and 2.5 bathrooms currently operates as a highly successful Airbnb with 5-star reviews offering strong income potential. The primary residence is thoughtfully designed with a treehouse-style layout that captures sweeping, panoramic lake views on each floor. The primary suite is a true standout, perched high above the lake with a full wall of floor-to-ceiling windows, offering breathtaking views. Skylights throughout the upper level further enhance the bright, airy feel of the home. The main living area offers an open and inviting layout with an eat-in kitchen, dining and living room, equipped with a wi-fi refrigerator and state-of-the-art Wolf induction stove. Owner has replaced air conditioning and water heaters for both buildings. Step outside to your private waterfront retreat, complete with a beautifully crafted teak dock, perfect for launching kayaks and canoes, fishing, or simply enjoying the peaceful surroundings. Swim, boat, and unwind just outside your door. The detached second structure features three garage doors, a Tesla charger, a versatile upper-level in-law apartment with a home theater, full bath and flexible living space. The garagespace offer endless possibilities for entertaining, guest accommodations, or flexible use. The garage area can easily be converted back to a more traditional configuration if desired. Come enjoy what lake life has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Bowes Team at Re/Max on the Bay,

    Jodi B. Alberti (860)514-2374,

    RE/MAX on the Bay 860-739-0888

    Bought with:

    Miles A. LaFemina, RES.0829948

    Drawbridge Realty

    Source: Smart MLS,MLS#: 24168633MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Cathedral Ceiling(s), Ceiling Fan(s), Hardwood Floor
    • Level: Upper
    • Area: 234 Square Feet
    • Dimensions: 13 x 18
    Bedroom
    • Features: Ceiling Fan(s), Wall/Wall Carpet
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10 x 11
    Bedroom
    • Features: Skylight, Vaulted Ceiling(s), Built-in Features, Wall/Wall Carpet
    • Level: Upper
    • Area: 117 Square Feet
    • Dimensions: 9 x 13
    Bathroom
    • Features: Corian Counters, Tub w/Shower, Tile Floor
    • Level: Main
    • Area: 48 Square Feet
    • Dimensions: 6 x 8
    Bathroom
    • Features: Skylight, Hardwood Floor
    • Level: Upper
    • Area: 30 Square Feet
    • Dimensions: 5 x 6
    Bathroom
    • Features: Corian Counters, Stall Shower, Tile Floor
    • Level: Upper
    • Area: 64 Square Feet
    • Dimensions: 8 x 8
    Family room
    • Features: Balcony/Deck, Sliders, Tile Floor
    • Level: Lower
    • Area: 308 Square Feet
    • Dimensions: 14 x 22
    Kitchen
    • Features: Balcony/Deck, Hardwood Floor
    • Level: Main
    • Area: 273 Square Feet
    • Dimensions: 21 x 13
    Kitchen
    • Features: Breakfast Bar, Corian Counters, Hardwood Floor
    • Level: Upper
    Living room
    • Features: Balcony/Deck, Combination Liv/Din Rm, Hardwood Floor
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Media room
    • Features: Entertainment Center, Hardwood Floor
    • Level: Upper
    • Area: 493 Square Feet
    • Dimensions: 17 x 29
    Office
    • Features: Built-in Features, Hardwood Floor
    • Level: Upper
    • Area: 153 Square Feet
    • Dimensions: 9 x 17
    Other
    • Features: Skylight, Vaulted Ceiling(s), Built-in Features, Laundry Hookup
    • Level: Upper
    • Area: 72 Square Feet
    • Dimensions: 8 x 9
    Heating
    • Forced Air, Oil
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer, Electric Water Heater, Water Heater
    • Laundry: Upper Level
    Features
    • Central Vacuum, Open Floorplan, In-Law Floorplan
    • Basement: Partial,Full,Partially Finished,Walk-Out Access,Liveable Space
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 2,379
    • Total interior livable area: 2,379 sqft
    • Finished area above ground: 2,379

    Property

    Parking
    • Total spaces: 6
    • Parking features: Detached, Off Street, Driveway, Garage Door Opener, Gravel
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Covered
    • Exterior features: Balcony, Rain Gutters, Lighting
    • Fencing: Partial
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Lake, Walk to Water, Dock or Mooring, Water Community, Access
    Lot
    • Size: 0.30 Acres
    • Features: Wooded, Level, Sloped, Cleared
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1563959
    • Zoning: RU-A

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available

    Community & neighborhood

    Community
    • Community features: Lake, Park, Public Rec Facilities
    Location
    • Region: Salem
    • Subdivision: Gardner Lake

    Price history

    DateEventPrice
    5/4/2026Sold$1,000,000+1.1%$420/sqft
    Source: Smart MLS #24168633 Report a problem
    4/24/2026Pending sale$989,000$416/sqft
    Source: Smart MLS #24168633 Report a problem
    4/24/2026Listed for sale$989,000+25.2%$416/sqft
    Source: Smart MLS #24168633 Report a problem
    8/16/2024Sold$790,000-5.8%$332/sqft
    Source: Smart MLS #24019996 Report a problem
    7/19/2024Pending sale$839,000$353/sqft
    Source: Smart MLS #24019996 Report a problem
    7/3/2024Listed for sale$839,000-5.4%$353/sqft
    Source: Smart MLS #24019996 Report a problem
    6/9/2024Contingent$887,000$373/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #24019996 Report a problem
    5/30/2024Listed for sale$887,000+148.1%$373/sqft
    Source: Smart MLS #24019996 Report a problem
    12/15/2016Sold$357,500-10.4%$150/sqft
    Source: Smart MLS #G10118847 Report a problem
    11/23/2016Pending sale$399,000$168/sqft
    Source: Reilly Real Estate,LLC #G10118847 Report a problem
    9/12/2016Price change$399,000-11.1%$168/sqft
    Source: Reilly Real Estate,LLC #G10118847 Report a problem
    8/18/2016Price change$449,000-9.3%$189/sqft
    Source: Reilly Real Estate,LLC #G10118847 Report a problem
    6/10/2016Price change$495,000-10%$208/sqft
    Source: Reilly Real Estate,LLC #G10118847 Report a problem
    3/22/2016Listed for sale$549,900+41%$231/sqft
    Source: Reilly Real Estate,LLC #G10118847 Report a problem
    3/12/2012Sold$390,000$164/sqft
    Source: Public Record Report a problem
    2/1/2012Listed for sale$390,000+159.3%$164/sqft
    Source: Aspen Realty Group LLC #G612661 Report a problem
    9/17/1996Sold$150,400$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,313 +27.1%$374,600 +23.3%
    2024$8,904 +1.7%$303,900
    2023$8,752 $303,900
    2022$8,752 +3.8%$303,900 +16.1%
    2021$8,430 $261,800
    2020$8,430 $261,800
    2019$8,430 $261,800
    2018$8,430 $261,800
    2017$8,430 +25.6%$261,800 +23.7%
    2016$6,711 $211,700
    2015$6,711 +1.9%$211,700
    2014$6,584 +3.3%$211,700
    2013$6,372 +1.7%$211,700
    2012$6,266 -5.2%$211,700 -18.6%
    2011$6,609 $260,200
    2010$6,609 +9%$260,200
    2009$6,063 +2.4%$260,200
    2007$5,920 +79.3%$260,200 +150.2%
    2001$3,302 +49.3%$104,000 +23.4%
    1995$2,212 $84,280

    Find assessor info on the county website

    Neighborhood: 06420

    Nearby schools

    GreatSchools rating
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