284 Shore Rd

Old Lyme, CT 06371

$315,000
Last Sold Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Closed 1/9/26
Closed 1/9/26
an aerial view of a swimming pool a patio a road

Description

"OPPORTUNITY ENTERPRISE" @ 284 Shore Road" Welcome to the ULTIMATE COASTAL ASSET! Private Boat Mooring Opportunity, High Traffic & 7,200 Car Count! This is an amazing, unique mixed-use building at 284 Shore Road, offering immediate income potential and a spectacular lifestyle. It's situated directly across from the town's main public beach road and includes a rare, private boat mooring opportunity steps away! The newer roof minimizes upfront stress. The commercial space is a ready-to-refine asset:..."OPPORTUNITY ENTERPRISE" @ 284 Shore Road" Welcome to the ULTIMATE COASTAL ASSET! Private Boat Mooring Opportunity, High Traffic & 7,200 Car Count! This is an amazing, unique mixed-use building at 284 Shore Road, offering immediate income potential and a spectacular lifestyle. It's situated directly across from the town's main public beach road and includes a rare, private boat mooring opportunity steps away! The newer roof minimizes upfront stress. The commercial space is a ready-to-refine asset: a permitted 16-seat pizza/takeout restaurant where ALL commercial equipment is included (ovens, refrigeration, coolers). This means massive immediate cost savings on startup equipment. While slight improvements are needed, the costly infrastructure and separate utilities are golden. Location is a profit engine: Guaranteed clientele from 7,200 daily car counts and constant foot traffic generated directly opposite the only gas station on this side of town. The upstairs 3-bedroom apartment is partially cleared for immediate, value-add renovation, boasting an enclosed porch and walk-up attic with 2 entrances. Features include ample parking, a newer 350 sq ft paver patio for outdoor seating, and a flexible side/backyard. Though the units and grounds need investment, the strong potential for a lucrative two-family conversion under CT-830G (current septic in place) makes this the final, perfect investment. Don't forget "When opportunity knocks, you take it!" Also listed as Residential MLS#
  1. Listed by Michael P Barnes • Silver and Oak Realty
    P: (860)-304-0125 C: (860)-304-0125 michaelbarnessells@gmail.com

Property Details for 284 Shore Road

Location
Rural, Retail Corridor
Neighborhood
Sound View
LISTING UPDATED: 01/10/2026 03:58 AM

Property Details for 284 Shore Road

StatusClosed
MLS #24134251
Days on Market39
Taxes$4,001 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built1947
Lot Size0.14 AC / 6,098 SF
CountyNew London County

Location

Listing Courtesy of Silver and Oak Realty, Michael P Barnes

Sold By Agnelli Real Estate, Jack D Pragosa

Add your commute

Building Information for 284 Shore Road

Stories3Residences2Year Built1947Lot Size0.14 AC / 6,098 SF

Payment Calculator

$1,869 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,535

Property Taxes

$333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 284 Shore Road

Summary
Property and Location
  • Directions: I-95 to Old Lyme Exit 71 From Southbound - Left onto Four Mile River Road - Straight onto Shore Road , End at Number 284 Shore Road. I-95 to Old Lyme Exit 70 From Northbound. Right onto Shore Road. Building On Left at Number 284 Shore Road.
  • Latitude: 41.290574
  • Longitude: -72.277954
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $4,001
Interior and Exterior Features
Exterior Features
  • Exterior Features: Roof Sign, Gutters, Pole Sign
Interior Features
  • Cooling System: None
  • Heat Type: Hot Air
  • Interior Features: Fire Suppression System
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame, Brick, Masonry
  • Foundation Type: Block, Concrete
  • Potential Use: 2 Family Home
  • Present Use: 16 Seat Takeout Restaurant with 3 Bedroom Apartment
  • Road Frontage Approximate: 60
  • Road Frontage Description: State Road, Paved Road
  • Roof: Asphalt Shingle
  • Sq Ft Source: Public Records
  • Year Built: 1947
  • Bank Owned Property: Yes
Lot Information
  • Documents Available: Lead Disclosure, Zoning Approval
  • Lot Description: Level Lot
  • Parcel Number: 1555619
  • Sq Ft Total: 0.0
  • Zoning: C-10
Utilities
  • Heat Fuel Type: Oil
  • Sewage System: Septic
  • Utilities Available: Electric, Phone Available, Cable
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Vacant
  • Total Number of Units: 2
Building Details
  • Number of Electric Services: 2
  • Number of Restrooms: 2
  • Number of Stories: 3
Unit 1
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 10-18-2025
  • Unit Type: 3 Bedrooms

Property History for 284 Shore Road

DateEvent & SourcePriceAppreciation
Mar 4, 2020

Closed (Public Record)

Public Record #664777453

$165,000

-29.0% / yr

Aug 12, 2019

Closed (Public Record)

Public Record #651412433

$200,000

-2.6% / yr

Oct 2, 2017

Closed (Public Record)

Public Record #607498726

$210,000

+1.8% / yr

Jan 30, 2002

Closed (Public Record)

Public Record #99510712

$160,000

-2.3% / yr

Feb 1, 1990

Closed (Public Record)

Public Record #92685500

$212,000—
DateEvent & SourcePrice
03/04/2020

Closed (Public Record)

Public Record #664777453

$165,000

-29.0% / yr

08/12/2019

Closed (Public Record)

Public Record #651412433

$200,000

-2.6% / yr

10/02/2017

Closed (Public Record)

Public Record #607498726

$210,000

+1.8% / yr

01/30/2002

Closed (Public Record)

Public Record #99510712

$160,000

-2.3% / yr

02/01/1990

Closed (Public Record)

Public Record #92685500

$212,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 284 Shore Road

Taxable ValueLand$153,000Additions$93,500Total$246,500
Tax Record2024$4,001 ($333 / month)
Home Facts
Total Finished SqFt1,980 SqFtAbove Grade Finished SqFt1,980 SqFtStories2Lot Size6,098 SqFtStyleOffice BuildingYear Built1947ZoningC-10CountyNEW LONDONAPNOLYM M:84 L:149

Schools near 284 Shore 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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

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.

Listing Courtesy of Silver and Oak Realty, Michael P Barnes

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.