Lyme, CT Residential Income Properties for Sale

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East Haddam, CT Essex, CT Deep River, CT

Updated: May 19

Old Lyme Beach Community Property

40 Portland Avenue, Old Lyme, CT 06371

$888,000

2,225 sqft · 0.12 AC lot

2 separate homes on 1 lot: main beach house with an in‑law connected, plus a cottage
Main beach house offers 3 bedrooms and 1 bathroom, with an in‑law unit featuring 1–2 bedrooms and 1 bathroom
Cottage includes 2 bedrooms and 1 bathroom
Recently renovated and freshly painted
Year‑round living with beach rights and the beach a couple minutes away by casual stroll

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Updated: May 19

Old Lyme Beach Community Property

40 Portland Ave, Old Lyme, CT 6371

$888,000

Beach rights and a short walk to the beach.
Two separate homes on one lot, offering flexibility.
Main house includes a connected in‑law unit.
Recently renovated and freshly painted.
Potential for use as a family home or academic rental investment.

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Old Lyme Beach Community Property

40 Portland Avenue, Old Lyme, CT 6371

$888,000

2,225 sqft

Two homes and an in-law unit near the beach.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 3 Active listings in Lyme, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Charming Two-Unit Income Property

46 Main Street, Essex, CT 06409

$469,900

1,252 sqft · 0.67 AC lot

Well-maintained two-unit property in the heart of Centerbrook.

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Historic Mixed-Use Building with Decks

11 N Main Street, Essex, CT 06426

$1,300,000

3,036 sqft · 0.09 AC lot

Three updated units in a historic building include a two-bedroom residence, a decked apartment, and an office space.

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Mixed-Use Commercial Property Opportunity

369 Boston Post Road, Old Saybrook, CT 6475

$499,995

0.61 AC lot

Mixed-use property near Old Saybrook center, ideal for owner-occupancy.

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Mixed-Use Commercial Property Opportunity

369 Boston Post Rd, Old Saybrook, CT 6475

$499,999

2,700 sqft · 0.61 AC lot

Mixed-use property near Old Saybrook center with income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

26 Acres Near Golf Course

184 Shore Road, Old Lyme, CT 06371

$995,000

25.99 AC lot

26 acres near golf course, minutes from sandy beaches.

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Approved Building Lot Near Beach

15 Griswold Road, East Lyme, CT 06357

$749,000

0.25 AC lot

Cleared 0.24-acre lot in sought-after beach community.

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Black Point Beach Building Lot

61 Whitecap Road, East Lyme, CT 06357

$385,000

0.17 AC lot

Corner lot in private beach community near Niantic amenities.

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Land in Essex Village Location

4 Bank Lane, Essex, CT 06426

$725,000

0.29 AC lot

Land parcel in prime Essex Village location, build new.

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Off-Market Properties in Lyme, CT

Consider similar Off-Market properties in Lyme, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

14 Purtill Ave, Old Lyme, CT 06371-2274

$2,040,000

Estimated value

6,516 sqft · 0.21 AC lot

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