2-4 Bank Rd

Old Lyme, CT 06371

$2,100,000
Last Sold Price
4
Beds
2,080 Sq. Ft.
$1,010 / Sq. Ft.
2,080
Sq. Ft.
$1,010
per Sq. Ft.
Closed 7/27/23
Closed 7/27/23
an aerial view of a residential houses with outdoor space

Description

Four Mile River Marina is a marine opportunity on the New England Coastline located about halfway between New York and Boston, and approximately 45 minutes from both New Haven and Hartford. The marina offers 94 permitted wet slips, a boat ramp, on-site fuel, shop, repair and storage building, land storage for boats and trailers, customer bathrooms and shower, a 2 bedroom 1 bathroom ranch that is currently rented, and a 4 bedroom 3 bathroom colonial. The marina has been well maintained in terms of...Four Mile River Marina is a marine opportunity on the New England Coastline located about halfway between New York and Boston, and approximately 45 minutes from both New Haven and Hartford. The marina offers 94 permitted wet slips, a boat ramp, on-site fuel, shop, repair and storage building, land storage for boats and trailers, customer bathrooms and shower, a 2 bedroom 1 bathroom ranch that is currently rented, and a 4 bedroom 3 bathroom colonial. The marina has been well maintained in terms of infrastructure and DEEP compliance and has had a number of recent capital improvements. The marina has a strong slip rental history. This is a great marina opportunity for an owner/operator who wants to live on-site. Alternatively, both homes could be rented instead to increase revenue potential. Nestled between Rocky Neck State Park and Point O' Woods beach community, the marina is situated on the Four Mile River in Old Lyme which offers increased protection from most inclement weather coming off the Long Island Sound. The marina is a convenient departure for day trips to the nearby Thimble Islands, the Connecticut River (Essex, Hamburg Cove), Thame River (Mohegan Sun Casino, New London), Mystic Seaport, Fishers Island, Orient Point, Port Jefferson, and many other boating destinations. It is also an excellent departure for trips to Block Island, Newport, Cape Cod, Martha's Vineyard, Nantucket, and many other ports on the shorelines of CT, RI, MA, and NY.
  1. Listed by Jon Arruda • William Pitt Sotheby's Int'l
    P: (860)-574-5470 C: (860)-574-5470 jonarruda@gmail.com

Property Details for 2-4 Bank Road

Basement Description
Full With Walk-Out
Direct Waterfront
Yes
Garages Number
0
Neighborhood
Four Mile River
Style
Colonial, Other
Garage Parking Info
Unpaved, Off Street Parking
Swimming Pool
No
LISTING UPDATED: 08/01/2023 03:24 PM

Property Details for 2-4 Bank Road

StatusClosed
MLS #170567227
Days on Market40
Taxes$20,436 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1964
Lot Size2.41 AC / 104,979 SF
CountyNew London County

Location

Listing Courtesy of William Pitt Sotheby's Int'l, Jon Arruda

Sold By William Pitt Sotheby's Int'l, Victoria Bothroyd

Add your commute

Building Information for 2-4 Bank Road

Stories-Year Built1964Building Size-Lot Size2.41 AC / 104,979 SF

Payment Calculator

$11,938 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,235

Property Taxes

$1,703

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2-4 Bank Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS friendly.
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.306522
  • Longitude: -72.25274
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Special Association Assessment: No
  • Property Tax: $20,436
Interior and Exterior Features
Exterior Features
  • Exterior Features: Awnings, Deck, Gazebo, Guest House, Gutters, Patio, Shed
  • Waterfront Description: Direct Waterfront, Frontage, Dock or Mooring, View
Interior Features
  • Appliances Included: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Attic Description: Pull-Down Stairs
  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 1
  • Interior Features: Cable - Pre-wired
  • Laundry Room Info: Upper Level
  • Room Count: 1
  • Rooms Total: 7
Room 1
  • Room Entry Order: 1
  • Room Level: Main
  • Room Type: Other
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Ground
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1964
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Water View, Level Lot
  • Parcel Number: 1551270
  • Sq Ft Est Heated Above Grade: 2080.0
  • Sq Ft Total: 2080.0
  • Zoning: WF20
Utilities
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Sewage System: Septic
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Occupied By: Tenant

Schools near 2-4 Bank Road

This home is within Regional School District 18.
Rating
School
Type
Grades
Distance
Mile Creek School
Public - K to 5
Lyme-Old Lyme Middle School
Public - 6 to 8
Lyme-Old Lyme High School
Public - 9 to 12
Rating
School
Distance
Mile Creek School
PublicK to 5

Lyme-Old Lyme Middle School
Public6 to 8

Lyme-Old Lyme High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Pitt Sotheby's Int'l, Jon Arruda

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.