Real Estate

Here Are The Most Recent Property Sales In Old Lyme

There were 7 homes sold in Old Lyme between June 10 and 22, with a top price of $1.625 million, according to Zillow.com.

OLD LYME, CT — From a sprawling hilltop estate on Matson Ridge to a cozy Rogers Lake retreat, Old Lyme's real estate market has been keeping closing attorneys busy. Here's a look at the seven most recent sales recorded on Zillow.com, from newest to oldest.

The week's most expensive closing — and the priciest of the seven — belongs to 9 Matson Ridge, which sold June 22 for $1,625,000. Sitting on 1.65 acres, the three-bedroom, three-bath single-family home offers an expansive 5,038 square feet of living space — the largest footprint in this roundup by a wide margin — working out to roughly $323 per square foot. It's well suited for buyers prioritizing generous living space over bedroom count.

The three-bedroom, three-bath single-family at 5 Sunset Drive closed June 18 at $525,000. At 1,418 square feet on a half-acre lot, the home offers a compact but well-appointed layout — three full baths for three bedrooms is a ratio that appeals to buyers who value privacy and flexibility. At roughly $370 per square foot, it is the second-highest per-square-foot price in this batch, a testament to the draw of Old Lyme's quieter residential streets and their proximity to the shoreline.

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Also closing June 18, 9 Corsino Ave. made a strong statement at $570,000 — despite being the smallest home in this roundup at just 816 square feet. That works out to roughly $699 per square foot, the highest per-square-foot figure of the seven sales by a significant margin. The two-bedroom, two-bath property appears to command a premium that goes well beyond its square footage, likely reflecting lot characteristics, location within Old Lyme's beach community sections, or recent renovations. Whatever the draw, buyers were clearly willing to pay for it.

1 Oakridge Drive sold June 15 for $642,900, offering four bedrooms and three baths across 1,952 square feet on a generous 1.44-acre lot — the second-largest parcel in this group. At approximately $329 per square foot, it represents one of the stronger value propositions of the seven sales: buyers here got meaningful acreage and a four-bedroom layout at a price per square foot well below the group's standout performers. For families looking for space to spread out in a well-established Old Lyme neighborhood, this kind of result tends to attract competitive interest.

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The most accessible price point in this roundup belongs to 51 Rogers Lake Trl., which sold June 12 for $350,000. The three-bedroom, one-bath home spans 936 square feet on just over a third of an acre — a tight but livable footprint at roughly $374 per square foot. Rogers Lake Trail properties carry the appeal of proximity to one of Old Lyme's scenic freshwater lakes, and for buyers seeking an entry point into the town's real estate market without the sticker shock of the shoreline, this address offers a compelling combination of setting and value.

Also closing June 12, 276 Shore Rd. sold for $409,000. The two-bedroom, two-bath home provides 1,608 square feet — a comfortable layout that works out to approximately $254 per square foot, the lowest per-square-foot figure of the seven sales. Shore Road is one of Old Lyme's most recognizable addresses, running through the heart of the town and connecting several of its beach communities, which makes this result a noteworthy one for buyers tracking what the corridor can yield at different price points.

Rounding out the seven most recent closings, 18 Hough Rd. sold June 10 for $800,000 — the second-highest price in this group. The four-bedroom, two-bath home spans just 1,366 square feet, which pushes its per-square-foot figure to approximately $586, second only to 9 Corsino Ave. in this batch. The combination of four bedrooms in a relatively compact footprint, paired with an $800,000 price tag, points strongly to location as the primary driver of value here, with Hough Road's placement within Old Lyme's coastal zone likely commanding a premium that the square footage alone does not explain.

What this says about the Old Lyme market

These seven sales, ranging from $350,000 on Rogers Lake Trail to $1,625,000 on Matson Ridge, underscore Old Lyme's wide internal price spectrum — a market where entry-level buyers, move-up families, and luxury purchasers can all find a transaction within the same two-week window. The per-square-foot figures tell the most vivid story: 9 Corsino Ave. at $699 per square foot and 18 Hough Rd. at $586 per square foot show that location — particularly proximity to the shoreline and Old Lyme's beach communities — can drive values that dwarf what the square footage might suggest. Meanwhile, larger-lot properties such as 1 Oakridge Drive and 9 Matson Ridge demonstrate that buyers willing to venture slightly inland can secure substantial acreage at comparatively measured per-square-foot costs. Across all seven closings, every property is a single-family home, a pattern that reflects Old Lyme's predominantly residential character and the ongoing appetite buyers have for detached properties in one of Connecticut's most beloved coastal towns.

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