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Off market
  • $706,900

    48 Swan Ave, Old Lyme, CT 06371

    2beds
    3,328sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $706,900 Zestimate®
    $212/sqft
    $3,750 Estimated rent

    Home value

    $706,900

    $629,000 - $799,000

    $3,750/mo

    Zestimate® history
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    What's special

    WOW amazing income opportunities and only steps a way from three beaches. Year round home with so many amenities, main house w/open floor plan, wide plank flooring, wood stove for chilly nights, bright and sunny three season porch, large upper bedroom with separate entrance could be used as a guest suite or possible in-law. Beautiful 1 bdrm studio apartment above the garage is a great income rental. Patio with a fire-pit, deck and a hot & cold outdoor shower. Very short walk to the public beach as well as passes to both Old Colony Beach and Miami Beach. Property also offers a permitted 16 car parking lot that has produced approximately $6,000 per year. Other attractions to this beach area are the famous Carousel, the Pavillion, Veccittos Italian Ice, Bingo and many family activities throughout the summer, including summer concerts. Easy access to I95 and the train station. Property does not require flood insurance and solar panels are leased.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Other
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 3,328 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 9,147 sqft
    Details
    • Parcel number: OLYMM80L66

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Roof: Other
    Condition
    • Year built: 1931

    Community & neighborhood

    Location
    • Region: Old Lyme

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $4 monthly

    Other

    Other facts
    • dining_rooms: 0
    • living_rooms: 0
    • fireplaces: 0
    • grade_school: Per Board of Ed
    • taxes_annual: 7079
    • original_listhub_key: 3yd-CTMLS-170114680

    Price history

    DateEventPrice
    6/4/2026Listing removed$5,000$2/sqft
    Source: Smart MLS #24101049 Report a problem
    10/4/2025Price change$5,000-33.3%$2/sqft
    Source: Smart MLS #24101049 Report a problem
    9/3/2025Price change$7,500+87.5%$2/sqft
    Source: Smart MLS #24101049 Report a problem
    8/29/2025Price change$4,000-20%$1/sqft
    Source: Smart MLS #24101049 Report a problem
    6/3/2025Listed for rent$5,000$2/sqft
    Source: Smart MLS #24101049 Report a problem
    6/1/2022Sold$455,000$137/sqft
    Source: Public Record Report a problem
    6/28/2019Sold$455,000-8.8%$137/sqft
    Source: Smart MLS #170169912 Report a problem
    6/3/2019Pending sale$499,000$150/sqft
    Source: William Pitt Sotheby's International Realty #170170598 Report a problem
    5/15/2019Price change$499,000-4%$150/sqft
    Source: William Pitt Sotheby's International Realty #170170598 Report a problem
    4/26/2019Price change$520,000-5.3%$156/sqft
    Source: William Pitt Sotheby's International Realty #170170598 Report a problem
    3/9/2019Listed for sale$549,000-8.5%$165/sqft
    Source: William Pitt Sotheby's International Realty #170170598 Report a problem
    2/1/2019Listing removed$599,900$180/sqft
    Source: Keller Williams Realty Greater Hartford #170114680 Report a problem
    10/26/2018Price change$599,900-7.7%$180/sqft
    Source: Keller Williams Realty #170114680 Report a problem
    10/12/2018Price change$649,900-3.7%$195/sqft
    Source: Keller Williams Realty Greater Hartford #170114680 Report a problem
    9/19/2018Price change$674,900-3.6%$203/sqft
    Source: Keller Williams Realty #170114680 Report a problem
    8/14/2018Listed for sale$699,900$210/sqft
    Source: Keller Williams Realty #170114680 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,230 +19.9%$568,700 +80.3%
    2024$7,698 +3.8%$315,500
    2023$7,414 $315,500
    2022$7,414 +0.9%$315,500
    2021$7,351 +0.4%$315,500
    2020$7,320 +1.1%$315,500 -2.4%
    2019$7,241 +2.3%$323,100
    2018$7,079 +0.7%$323,100
    2017$7,027 +2.6%$323,100
    2016$6,850 +2.8%$323,100
    2015$6,662 $323,100

    Find assessor info on the county website

    Neighborhood: 06371

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Lyme-Old Lyme

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

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    $706,900
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    +$14,138
    With Zillow Showcase(estimated)
    $721,038