Here Are The Most Recent Property Sales In Lyme

LYME, CT — Land sales, a three-bedroom cottage steps from the water, and a five-bedroom showpiece on Bill Hill Road headline a busy stretch of closings in one of Connecticut's most coveted rural towns. Here's a look at the five most recent transactions recorded on Zillow.com, from newest to oldest.

The most recent sale in this batch closes the books on July 14 at 118 Bill Hill Road, a five-bedroom, five-bath single-family home that sold for $1,420,000. At 3,649 square feet on 1.6 acres, it is the largest home in this roundup and the week's top price by a wide margin. At roughly $389 per square foot, buyers paid a substantial premium for a property whose address alone carries considerable weight in Lyme real estate circles. Bill Hill Road climbs through some of the most classically beautiful countryside in the lower Connecticut River valley, and a five-bedroom, five-bath home on a landscaped acre-and-a-half here does not tend to stay on the market long.

110 Town Woods Road closed July 8 at $475,000 — the most accessible price point among the single-family sales in this batch. The four-bedroom, three-bath home spans 2,238 square feet on 1.2 acres, and at roughly $212 per square foot, it is also the best value per square foot of any home in the roundup. Town Woods Road winds through Lyme's forested interior, and four bedrooms and three baths on more than an acre at this price represents the kind of find that moves quickly in a town where inventory has historically run thin.

3 Ferry Road sold June 11 for $560,000. The three-bedroom, three-bath single-family sits on just 0.3 acres — the smallest lot in this batch by a wide margin — but what the property may lack in land it more than makes up for in location. Ferry Road in Lyme runs down toward the Connecticut River at one of the town's most storied crossings, and a 1,739-square-foot home at that address commands its own logic. At roughly $322 per square foot, buyers paid a location premium that the lot size alone does not explain.

16 Josie Perkins Lane closed June 5 at $230,500. Unlike the other transactions in this roundup, this is a land sale — a 3.96-acre parcel with no structure recorded on the deed. In a town with strict zoning, meaningful acreage, and limited supply, raw land in Lyme has its own constituency of buyers: those willing to build to their own specifications rather than settle for what exists. At just over $58,000 per acre for nearly four wooded acres, the parcel offers room for a significant custom home in one of the quieter corners of an already quiet town.

Rounding out this batch, 126 Beaver Brook Road closed June 4 at $772,000. The three-bedroom, three-bath single-family offers 2,893 square feet on 2 acres — the second-largest lot among the homes in this roundup and the most generous pairing of interior space and land outside of the Bill Hill Road sale. At roughly $267 per square foot, it is the most moderately priced of the larger homes in this batch. Beaver Brook Road threads through one of Lyme's more pastoral stretches, and two acres of privacy with nearly 3,000 square feet of living space is precisely the combination that draws buyers to this corner of southeastern Connecticut in the first place.

What this says about the Lyme market: Five transactions spanning a land parcel, a compact river-road cottage, and a $1,420,000 five-bedroom estate paint a picture of a Lyme market that continues to attract buyers across a wide spectrum of ambition and budget — united by a shared appetite for privacy, land, and the particular character of a town that has resisted the kind of commercial development that defines its neighbors. The presence of a raw land sale at a confident price signals that demand extends even to buildable parcels, suggesting that buyers who cannot find an existing home to their liking are increasingly willing to start from scratch rather than look elsewhere.