Open House 4/24 5pm - 7pm
148 Old Colchester Road
Salem, CT, 06420 $ 989,000
Bedrooms3 Baths2.1 Sq 2,379 Monthly Estimate*
$ 6,089
for $989,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,379 square foot home was built in 1987 on a lot size of 0.3.
Set along the shores of Gardner Lake, this exceptional lakefront property offers a rare opportunity to experience true waterfront living from all three levels of the home, four levels if you count your private beach and dock! Whether you're searching for a year-round residence, a private lakefront escape, or a property with income-generating potential, this offering adapts to a variety of lifestyles. The 2,379 square foot property that features 3 bedrooms and 2.5 bathrooms currently operates as a highly successful Airbnb with 5-star reviews offering strong income potential. The primary residence is thoughtfully designed with a treehouse-style layout that captures sweeping, panoramic lake views on each floor. The primary suite is a true standout, perched high above the lake with a full wall of floor-to-ceiling windows, offering breathtaking views. Skylights throughout the upper level further enhance the bright, airy feel of the home. The main living area offers an open and inviting layout with an eat-in kitchen, dining and living room, equipped with a wi-fi refrigerator and state-of-the-art Wolf induction stove. Step outside to your private waterfront retreat, complete with a beautifully crafted teak dock, perfect for launching kayaks and canoes, fishing, or simply enjoying the peaceful surroundings. Swim, boat, and unwind just outside your door. The detached second structure features three garage doors, a Tesla charger, a versatile upper-level in-law apartment with a home theater, full bath and flexible living space. The garagespace offer endless possibilities for entertaining, guest accommodations, or flexible use. The garage area can easily be converted back to a more traditional configuration if desired. Come enjoy what lake life has to offer!
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Open House
4/24/2026 5:00 PM - 7:00 PM
4/26/2026 11:00 AM - 1:00 PM
148 Old Colchester Road Salem, CT
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Single Family Coming Soon
FeaturesGeneralZoning RU-A
Neighborhood Gardner Lake
County New London
Tax Year July 2025-June 2026
Property Type Single Family For Sale
Status Coming Soon
Acres 0.3
Directions GPS available. Home is located on a shared driveway see #148 on tree and take a right off of Old Colchester Road. Follow driveway down and then take a right home is on your left hand side.
High School Per Board of Ed
City Salem
Elementary School Per Board of Ed
Sq Ft Total 2379
Year Built 1987
Style Contemporary
Year Built Source Public Records
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InteriorCooling System Ceiling Fans Central Air
Total Rooms 6
Basement Description Partial Full Partially Finished Walk-out Liveable Space
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ExteriorWater Source Private Well
Lot Description Fence - Partial Treed Level Lot Sloping Lot Cleared Water View
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* Excluded FeaturesList ByJodi AlbertiListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $6,089
- Monthly Property Taxes
- $943
- 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.
Learn more about how to save NearbySingle family listings in Salem, CT
Average List Price $688,123
Percent of Sale Price 30%
About Salem, CT 4,303 Population
12% Since 2002
$ 103,725 Median Income
45.44 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/20/2026 | $989,000 | | Listed Price |