For sale

$699,900

157 Baileyville Road, Middlefield, CT 06455

4beds

1,871sqft

$4,871/mo

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Multi Family

Built in 1880

-- sqft lot

$686,500 Zestimate^®

$374/sqft

$-- HOA

What's special

Exceptional outdoor spacesLandscaped groundsBrand new metal dockBeautifully renovated second floorInviting spaces for entertainingCharming courtyard area

Keep your boat in the backyard! Rare opportunity to own a beautifully updated Multi family property with waterfront, exceptional outdoor spaces, and outstanding income potential. Whether you're looking for an owner-occupied investment, multigenerational living, or an income-producing property, this home offers incredible versatility. Recent improvements include a brand-new roof, new siding, a beautifully renovated second floor, and brand-new fencing, giving the property a fresh, updated feel while taking care of many of the major improvements a new owner would typically face. The main two-family residence features beautiful balconies overlooking the lake, creating the perfect setting for morning coffee, outdoor dining, or simply relaxing and enjoying the view. Outside, you'll find a charming courtyard area, landscaped grounds, and inviting spaces for entertaining. Brand new Metal Dock.

16 days
1,819
134

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Hot Water, Oil

Cooling

Ductless

Appliances

Included: Water Heater

Features

Basement: Full
Attic: Walk-up
Has fireplace: No

Interior area

Total structure area: 1,871
Total interior livable area: 1,871 sqft
Finished area above ground: 1,871

Property

Parking

Total spaces: 8
Parking features: Attached, Paved
Attached garage spaces: 4

Features

Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront, Lake

Lot

Size: 0.53 Acres

Details

Parcel number: 1000709
Zoning: HD1

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Masonry
Roof: Asphalt

Condition

New construction: No
Year built: 1880

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Lake Beseck

HOA

Has HOA: No

Location

Region: Middlefield

Financial & listing details

Price per square foot: $374/sqft
Tax assessed value: $278,400
Annual tax amount: $8,898
Date on market: 8/28/2026

Estimated market value

$686,500

$652,000 - $721,000

$2,229/mo

Price history

Date	Event	Price
8/30/2026	Listed for sale	$699,900+75%$374/sqft
Source: Smart MLS #24202689 Report a problem
5/20/2022	Sold	$400,000-5.9%$214/sqft
Source: Smart MLS #170471169 Report a problem
5/18/2022	Contingent	$425,000$227/sqft
Source: Smart MLS #170471169 Report a problem
3/18/2022	Pending sale	$425,000$227/sqft
Source: William Raveis Real Estate, Mortgage & Insurance #170471169 Report a problem
3/3/2022	Listed for sale	$425,000$227/sqft
Source: Smart MLS #170471169 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,296 +6.2%	$278,400
2024	$7,812 -0.6%	$278,400
2023	$7,862 -13.7%	$278,400 -15.8%
2022	$9,114 +52.4%	$330,700 +75.9%
2021	$5,982 -1.3%	$188,000
2020	$6,059 -0.7%	$188,000
2019	$6,104 -5.9%	$188,000
2018	$6,484 -5.8%	$188,000
2017	$6,883 +13.4%	$188,000 +1.7%
2016	$6,072 -2.5%	$184,900
2015	$6,226	$184,900