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Sold for $490,000
  • $490,000

    308 Old Colchester Road #6, Salem, CT 06420

    2beds
    2,082sqft
    Single Family Residence
    Built in 1974
    -- sqft lot
    $491,900 Zestimate®
    $235/sqft
    $1,940 Estimated rent

    Home value

    $491,900

    $457,000 - $531,000

    $1,940/mo

    Zestimate® history
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    $4,914/mo

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    What's special

    Welcome to your own private retreat on beautiful Gardner Lake! Tucked away in an enclave of just ten homes, this is the only year-round residence in the over five-acre community. This quaint ranch-style home is designed to embrace its peaceful surroundings with beautiful lake views and an inviting open-concept floor plan. The spacious living and dining areas feature soaring vaulted ceilings, hardwood floors, and an amazing floor-to-ceiling stone fireplace. Sliding doors lead to a private deck overlooking the lake, providing the perfect place to enjoy your morning coffee, entertain friends, or simply relax. The home has two comfortable bedrooms and a full bath, along with the convenience of a first-floor laundry room. An additional flex space is ideal as an art studio, home office, reading room, or hobby area, allowing you to tailor the home to your lifestyle. Modern comforts include central air conditioning, efficient propane heat, on-demand hot water, and updated mechanical systems, providing year-round efficiency. An attached two-car garage offers abundant storage and everyday convenience. The finished lower level significantly expands the living space and offers endless possibilities. Whether you're looking for a spacious family room, home gym, office, rec room, guest overflow, or another creative studio, this versatile area can easily adapt to your needs. Outside, the beautifully maintained grounds provide ample room for plantings and gardening. The setting is both charming and picturesque, making every season a delight-from colorful autumn foliage and cozy winter lake views to vibrant spring blooms and endless summer days on the water. Residents enjoy access to a private beach and dock, making boating, kayaking, fishing, paddleboarding, and swimming just steps from your front door. Whether you're searching for a year-round residence, a weekend retreat, or a unique lakefront lifestyle, this exceptional Gardner Lake property offers the perfect blend of comfort, privacy, and recreation in one of Salem's most desirable lake communities. Don't miss this rare opportunity to own the only year-round home in this intimate lakeside enclave-where every day feels like a vacation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gigi Giordano (203)671-2155,

    Compass Connecticut, LLC 860-767-5390,

    Kayla Chasse 475-281-8831,

    Compass Connecticut, LLC

    Bought with:

    Missy Willard, RES.0829134

    Carl Guild & Associates

    Source: Smart MLS,MLS#: 24189628MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Ceiling Fan(s), Walk-In Closet(s), Hardwood Floor
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 10 x 15
    Bedroom
    • Features: Bookcases, Built-in Features, Ceiling Fan(s), Hardwood Floor
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10 x 12
    Bathroom
    • Features: Tub w/Shower
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 10 x 7
    Dining room
    • Features: Hardwood Floor
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Family room
    • Features: Tile Floor
    • Level: Lower
    • Area: 624 Square Feet
    • Dimensions: 24 x 26
    Kitchen
    • Features: Hardwood Floor
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Living room
    • Features: Skylight, Vaulted Ceiling(s), Fireplace, Sliders, Hardwood Floor
    • Level: Main
    • Area: 266 Square Feet
    • Dimensions: 14 x 19
    Study
    • Features: Tile Floor
    • Level: Lower
    • Area: 224 Square Feet
    • Dimensions: 14 x 16
    Sun room
    • Features: Ceiling Fan(s), Tile Floor
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14 x 12
    Heating
    • Forced Air, Propane
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer, Water Heater, Tankless Water Heater
    • Laundry: Main Level
    Features
    • Central Vacuum
    • Windows: Storm Window(s), Thermopane Windows
    • Basement: Full,Interior Entry,Partially Finished
    • Attic: Storage,Floored,Pull Down Stairs
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,082
    • Total interior livable area: 2,082 sqft
    • Finished area above ground: 1,176
    • Finished area below ground: 906

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Patio & porch: Deck
    • Exterior features: Garden
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Walk to Water, Association Required, Access
    Lot
    • Features: Level, Landscaped
    Details
    • Parcel number: 2605602
    • Zoning: RUA
    • Other equipment: Generator Ready

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vertical Siding, Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Shared Well
    • Utilities for property: Cable Available
    Green energy
    • Energy efficient items: Windows

    Community & HOA

    Community
    • Features: Lake
    • Subdivision: Arrowhead Cove
    HOA
    • Has HOA: Yes
    • Amenities included: Lake/Beach Access, Management
    • Services included: Water
    • HOA fee: $1,425 annually
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $235/sqft
    • Tax assessed value: $129,500
    • Annual tax amount: $4,027
    • Date on market: 7/14/2026

    Price history

    DateEventPrice
    9/18/2026Sold$490,000-2%$235/sqft
    Source: Smart MLS #24189628 Report a problem
    8/25/2026Pending sale$499,900$240/sqft
    Source: Smart MLS #24189628 Report a problem
    7/18/2026Listed for sale$499,900+212.6%$240/sqft
    Source: Smart MLS #24189628 Report a problem
    8/13/2002Sold$159,900$77/sqft
    Source: Smart MLS #E126374 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,911 +3.1%$129,500
    2024$3,794 +1.7%$129,500
    2023$3,730 $129,500
    2022$3,730 -31.1%$129,500 -23%
    2021$5,413 $168,100
    2020$5,413 $168,100
    2019$5,413 $168,100
    2018$5,413 $168,100
    2017$5,413 -1.1%$168,100 -2.6%
    2016$5,471 $172,600
    2015$5,471 +13.2%$172,600 +11.1%
    2014$4,833 +3.3%$155,400
    2013$4,678 +1.7%$155,400
    2012$4,600 +82.8%$155,400 +56.9%
    2011$2,516 $99,070
    Find assessor info on the county website

    Neighborhood: 06420

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Salem
    • High: East Lyme

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

    Sell for more on Zillow
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    $491,900
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    With Zillow Showcase(estimated)

    $501,738

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $491,900
    2% more
    +$9,838
    With Zillow Showcase(estimated)

    $501,738