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Off market
  • $975,900

    40 Otter Cove Dr, Old Saybrook, CT 06475

    3beds
    1,540sqft
    SingleFamily
    Built in 1955
    2.8 Acres Lot
    $975,900 Zestimate®
    $634/sqft
    $3,441 Estimated rent

    Home value

    $975,900

    $878,000 - $1.08M

    $3,441/mo

    Zestimate® history
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    $5,687/mo

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    What's special

    This Ranch style home is nestled quietly on a 2.8 acre secluded level lot in the enchanted woods of Otter Cove, one of the most desirable areas on the Connecticut shoreline. It enjoys extraordinary expansive views over lush marshes to the majestic Connecticut River and beyond to the hills of Old Lyme. Migratory bird life is magical, including soaring bald eagles, hawks and ospreys. Bring your binoculars! The one level 1,540 sqft, three bedroom home with an open floor plan flows easily. Hardwood floors are throughout. Adjacent to the wood paneled living room with a fireplace is a stunning glass walled sun room overlooking the marshes bringing the outside in. Glass sliders access a brick patio that runs the entire length of the house making it an ideal area for entertaining and al fresco dining. The 200 plus acres of Otter Cove includes several conservation spaces, a pond and a long private beach on the CT River. Racks for your kayak are available. It is only minutes to the historic Village of Essex and the town of Old Saybrook for many fine restaurants, shopping and the famed Katharine Hepburn Cultural Center, known as The Kate. Old Saybrook is halfway between New York and Boston, only a two hour drive or by Amtrak. This property has been well maintained with many recent upgrades.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Other
    Features
    • Open Floor Plan, Cable - Pre-wired
    • Flooring: Other
    • Basement: Finished
    Interior area
    • Total interior livable area: 1,540 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 2.8 Acres
    Details
    • Parcel number: OSAYM064B027L

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1955

    Utilities & green energy

    • Water: Private Well

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Park
    • Services included: Grounds Maintenance, Lake/Beach Access
    • HOA fee: $16 monthly
    Location
    • Region: Old Saybrook

    Financial & listing details

    • Price per square foot: $634/sqft
    • Tax assessed value: $764,700
    • Annual tax amount: $11,853
    • Exclusions: Crystal Chandelier in Sunroom

    Price history

    DateEventPrice
    10/29/2020Sold$583,000-5.4%$379/sqft
    Source: Smart MLS #170335666 Report a problem
    10/14/2020Pending sale$616,000$400/sqft
    Source: William Pitt Sotheby's International Realty #170335666 Report a problem
    9/16/2020Listed for sale$616,000+23.2%$400/sqft
    Source: William Pitt Sotheby's International Realty #170335666 Report a problem
    5/22/2018Sold$500,000+0.9%$325/sqft
    Source: Smart MLS #170067067 Report a problem
    4/12/2018Pending sale$495,500$322/sqft
    Source: REMAX Valley Shore Genovali RE #170067067 Report a problem
    4/6/2018Listed for sale$495,500+12.6%$322/sqft
    Source: REMAX Valley Shore Genovali RE #170067067 Report a problem
    4/14/2009Sold$440,000$286/sqft
    Source: Smart MLS #E226455 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,853 +44.9%$764,700 +42.1%
    2024$8,182 +22.2%$538,300 +64.4%
    2023$6,695 +1.8%$327,400
    2022$6,574 +0.2%$327,400
    2021$6,564 $327,400
    2020$6,564 +1.5%$327,400
    2019$6,466 +3.6%$327,400 +2.9%
    2018$6,239 -0.3%$318,300
    2017$6,258 +2.1%$318,300
    2016$6,130 +2.4%$318,300
    2015$5,987 +1.7%$318,300
    2014$5,889 -1%$318,300 -18.6%
    2013$5,946 +4%$391,200
    2012$5,719 +4%$391,200
    2011$5,500 +8.8%$391,200 +4%
    2009$5,056 +9.1%$376,200 +28.5%
    2007$4,636 +8.5%$292,700
    2005$4,273 +5.8%$292,700
    2004$4,039 -10.4%$292,700 +40.1%
    2003$4,506 +9.1%$208,900
    2001$4,130 +50.8%$208,900 +11.8%
    1995$2,739 $186,830
    Find assessor info on the county website

    Neighborhood: 06475

    Nearby schools

    GreatSchools rating
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    $975,900
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    +$19,518
    With Zillow Showcase(estimated)
    $995,418