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40 Portland Avenue Old Lyme, CT $ 888,000
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40 Portland Avenue
$ 888,000
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40 Portland Avenue

Old Lyme, CT, 06371
$ 888,000
Bedrooms7 Baths3.0 Sq 2,225

Monthly Estimate*

$ 5,468

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Multi-Family Home for sale in Old Lyme, CT

for $888,000 with 7 bedrooms and 3 full baths. This 2,225 square foot home was built in 1930 on a lot size of 0.12.

Unique Beach property! 40 Portland Avenue, Old Lyme Beach Community. Love the Beach but not the travel to get to it . Here we have 2 separate homes on 1 lot and the main Beach home also has an in-law unit connected. Recently renovated and freshly painted. Home has many possibilities for use whether is a family home or an investment for Academic renting. It is year round living. Beach rights and just a couple of minutes with a casual stroll to the beach. Main Beach house home is 3 beds, 1 bath, In-law 1-2 bedroom, 1 bath and the Cottage is 2 bedroom, 1 bath.

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Multi-Family Active

Price

$ 888,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,076

Style

Lot Size

0.12

Year Built

1930

Town/City

Old Lyme

MLS | Web ID

24176261
Features
General
Zoning R-10
Neighborhood Sound View
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.12
Directions GPS friendly!
High School Per Board of Ed
City Old Lyme
Elementary School Per Board of Ed
Sq Ft Total 2225
DOM 1
Year Built 1930
Style Other
Year Built Source Public Records
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Interior
Cooling System None
Total Number of Units 2
Total Rooms 15
Basement Description Crawl Space
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Exterior
Water Source Private Well
Lot Description Level Lot
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* Excluded Features
List By
Banglian Gao

Listing Agent

United Realty Plus

Broker

bangliangao@gmail.com

Email

Affordability Calculator

$6,057
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,468
Monthly Property Taxes
$590
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/19/2026$888,000 Listed Price

Map

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40 Portland Avenue, Old Lyme, CT, 06371 is a Multi-Family Home for sale at $888,000 with 2,225 sqft and a lot size of 0.12. 40 Portland Avenue has 7 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 06371 which is in Old Lyme, CT

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