Welcome to your dream beach retreat in the heart of Old Lyme! Located just steps from the sandy shores of Long Island Sound, this 3-bedroom seasonal home is ready for the upcoming season in one of Connecticut's most sought-after beach communities. This property is being sold together with 319 Brightwater road which is approximately .09 acre lot that adjoins the billow road property making it an approximate total of .36 acres. The subject property is in an R10 zone for building purposes value is in the land. Schedule your showing today.
Sold for $465,000
$465,000
318 Billow Road, Old Lyme, CT 06371
3beds
800sqft
Single Family Residence
Built in 1949
0.27 Acres Lot
$519,500 Zestimate®
$581/sqft
$2,376 Estimated rent
Home value
$519,500
$457,000 - $597,000
$2,376/mo
Zestimate® history
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$3,264/mo
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Seasonal home
Zillow last checked:
Listing updated:
Listed by:
Carl Thompson 860-482-4114,
First Capital Realty, LLC 860-482-4114
Bought with:
Patrick C. Farley, RES.0804989
Statewide Premier Prop. LLC
Source: Smart MLS,MLS#: 24091717
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Main
- Area: 106.7 Square Feet
- Dimensions: 9.7 x 11
Bedroom
- Level: Main
- Area: 106.7 Square Feet
- Dimensions: 9.7 x 11
Bathroom
- Level: Main
- Area: 30 Square Feet
- Dimensions: 5 x 6
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 9 x 16
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 12 x 20
Sun room
- Level: Main
- Area: 77 Square Feet
- Dimensions: 7 x 11
Heating
- None
Cooling
- None
Appliances
- Included: Electric Range, Refrigerator, Washer, Electric Water Heater, Water Heater
Features
- Basement: None
- Attic: Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
- Finished area above ground: 800
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Waterfront features: Walk to Water, Beach Access, Association Required, Seasonal
Lot
- Size: 0.27 Acres
- Features: Level
Details
- Parcel number: 1555735
- Zoning: R10
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: None
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Old Lyme Shores
HOA
- Has HOA: Yes
- Amenities included: Lake/Beach Access
- HOA fee: $75 monthly
Location
- Region: Old Lyme
Financial & listing details
- Price per square foot: $581/sqft
- Tax assessed value: $232,100
- Annual tax amount: $3,767
- Date on market: 4/29/2025
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $465,000-2.1%$581/sqft |
Source:  Smart MLS #24091717 Report a problem | ||
| 7/12/2025 | Pending sale | $475,000$594/sqft |
Source: Smart MLS #24091717 Report a problem | ||
| 5/10/2025 | Price change | $475,000-4.8%$594/sqft |
Source: Smart MLS #24091717 Report a problem | ||
| 5/3/2025 | Price change | $499,000-5.8%$624/sqft |
Source: Smart MLS #24091717 Report a problem | ||
| 4/29/2025 | Listed for sale | $529,900$662/sqft |
Source: Smart MLS #24091717 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,767 +34.7% | $232,100 +102.5% |
| 2024 | $2,796 +3.8% | $114,600 |
| 2023 | $2,693 | $114,600 |
| 2022 | $2,693 +0.9% | $114,600 |
| 2021 | $2,670 +0.4% | $114,600 |
| 2020 | $2,659 -6.5% | $114,600 -9.7% |
| 2019 | $2,844 +2.3% | $126,900 |
| 2018 | $2,780 +0.2% | $126,900 -0.5% |
| 2017 | $2,775 +3.2% | $127,600 +0.6% |
| 2016 | $2,690 +2.9% | $126,900 +0.1% |
| 2015 | $2,615 | $126,800 |
Find assessor info on the county website
Neighborhood: 06371
Nearby homes
- $7,400-- bd-- ba-- sqft317 Brightwater Rd, Old Lyme, CT 06371Off Market
- $616,8002 bd2 ba2.1k sqft311 Brightwater Rd, Old Lyme, CT 06371Off Market
- $17,600-- bd-- ba-- sqft319 Brightwater Rd, Old Lyme, CT 06371Off Market
- $472,8004 bd1 ba1.2k sqft315 Billow Rd, Old Lyme, CT 06371Off Market
- $426,3003 bd1 ba1k sqft317 Billow Rd, Old Lyme, CT 06371Off Market
- $389,2002 bd1 ba720 sqft311 Billow Rd, Old Lyme, CT 06371Off Market
- $799,9993 bd3 ba1.4k sqft310 Billow Rd, Old Lyme, CT 06371Sold
- $965,2003 bd3 ba2.8k sqft316 Brightwater Rd, Old Lyme, CT 06371Off Market
Nearby schools
GreatSchools rating
- 8/10Mile Creek SchoolGrades: K-5Distance: 0.7 mi
- 9/10Lyme-Old Lyme Middle SchoolGrades: 6-8Distance: 3.5 mi
- 8/10Lyme-Old Lyme High SchoolGrades: 9-12Distance: 3.3 mi
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$519,500
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$529,890
- Connecticut
- New London County
- Old Lyme
- 06371
- 318 Billow Road
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