7 Silver Falls Road

Closed 9/4/26
Closed 9/4/26
Gallery Image 1
Sold
Last Sold Price
$785,000
5 beds3,386 sqft
7 Silver Falls Rd, East Lyme, CT 06333
Multi FamilyProperty Type
2.37 acresLot Size
1900Year Built
$232/sq ftPrice per sq ft
10 carsParking Spaces

Description

Rare income-producing multi-family opportunity or ideal multigenerational compound in East Lyme! Situated on a sprawling 2.37-acre retreat along scenic Latimer Brook, this unique property features two fully detached homes on one lot. A high-yielding, flexible setup that is virtually impossible to replicate today. Perfect for savvy investors, families seeking separate-but-close living, or owner-occupants looking to offset their mortgage, the estate includes a spacious 2,252 sq. ft. main house (4 BR,...Rare income-producing multi-family opportunity or ideal multigenerational compound in East Lyme! Situated on a sprawling 2.37-acre retreat along scenic Latimer Brook, this unique property features two fully detached homes on one lot. A high-yielding, flexible setup that is virtually impossible to replicate today. Perfect for savvy investors, families seeking separate-but-close living, or owner-occupants looking to offset their mortgage, the estate includes a spacious 2,252 sq. ft. main house (4 BR, 3 BA, expanded in 2004) and a private, fully detached 1,134 sq. ft. ranch cottage (1 BR, 1 BA) completely renovated with an effective build year of 2018. Adding immense value is a massive, versatile outbuilding with a workshop and garage space, ideal for home businesses, hobbyists, or extra storage rental income. The park-like acreage offers ultimate privacy with established fruit trees and the soothing sounds of Silver Falls, all while remaining minutes from East Lyme's coastal amenities, major highways, and top-rated schools. Live in one and rent the other, house multiple generations with perfect privacy, or lease both for maximum cash flow. This unique multi-family asset delivers endless potential.
  • Listed by: Amanda Gaudette 860.859.7610 agaudette@wpsir.com • William Pitt Sotheby's Int'l
Listing closed: 09/04/2026 12:00 AM • Source: SMARTMLS, MLS#: 24186470

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of William Pitt Sotheby's Int'l, Amanda Gaudette

Sold By RE/MAX One, Alexis John

Add your commute

Payment Calculator

Get preapproved with Rocket Mortgage1

$5,081 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,191

Property Taxes

$890

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 7 Silver Falls Road

Property Details
  • Taxes: $10,680 / year
  • MLS Type: Multi-Family / 2 Family
  • County: New London County
  • Basement Description: Full, Full With Hatchway
  • Direct Waterfront: Yes
  • Expected Active Date: 06-26-2026
  • Garages Number: 1
  • Style: Other
  • Garage Parking Info: Attached Garage, Paved, Driveway, Unpaved
  • Swimming Pool: No
  • Expected On Market Date: 06-26-2026
Building Information
  • Residences: 2
  • Year Built: 1900
  • Lot Size: 2.37 AC / 103,237 SF
Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Rt. 161 to Silver Falls Rd. Not to be confused with Silver Falls Rd Montville
  • Elementary School: Flanders
  • Flood Zone: No
  • High School: East Lyme
  • Latitude: 41.41235
  • Longitude: -72.219909
  • Middle Jr High School: East Lyme
  • Neighborhood Amenities: Golf Course, Library, Medical Facilities, Public Pool, Public Transportation, Tennis Courts
  • State: Connecticut
Parking
  • Parking Total Spaces: 10
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2026-June 2027
  • Property Tax: $10,680
Interior and Exterior Features
Exterior Features
  • Exterior Features: Barn, Gutters, Guest House, Hot Tub, Stone Wall, Patio
  • Waterfront Description: Brook, Access
Interior Features
  • Attic Description: Crawl Space, Access Via Hatch
  • Cooling System: Ductless, Split System, Wall Unit
  • Heat Type: Baseboard, Heat Pump, Wood/Coal Stove
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: All Units Have Hook-Ups
  • Laundry Room Location: Main house has 3 hookups. Cottage has 1
  • Rooms Total: 12
Property
Property and Assessments
  • Color: Cedar Shake
  • Construction Description: Frame
  • Driveway Type: Paved, Unpaved, Asphalt, Gravel
  • Exterior Siding: Shake, Cedar
  • Foundation Type: Concrete, Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: 2252 sq ft in the main house and 1134 sq ft in the Ranch/Cottage/In-law
  • Sq Ft Est Heated Below Grade: 0
  • Living Area SQFT Per Public Records: 0
Lot Information
  • Lot Description: Some Wetlands, Level Lot
  • Parcel Number: 1472289
  • Sq Ft Est Heated Above Grade: 3386.0
  • Sq Ft Total: 3386.0
  • Zoning: R40
Utilities
  • Energy Features: Active Solar
  • Heat Fuel Type: Electric, Oil, Wood
  • Hot Water Description: Oil, Electric, Upright Tank
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Septic
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Occupied By: Owner
  • Total Number of Units: 2
  • Total Rooms Multi Family: 12
Unit 1
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Average Sq Ft: 1134
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-14-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Owner
Unit 2
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Average Sq Ft: 2252
  • Unit Entry Order: 1
  • Unit Full Baths: 3
  • Unit Modified Date: 07-14-2026
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 8
  • Unit Occupied By: Owner

Property History for 7 Silver Falls Road

DateEvent & SourcePriceAppreciation
Apr 7, 2017

Closed (Public Record)

Public Record #595901308

$330,000

+4.0% / yr

Jul 2, 1999

Closed (Public Record)

Public Record #92595123

$165,000

+4.3% / yr

Jun 11, 1996

Closed (Public Record)

Public Record #92585904

$145,000—
DateEvent & SourcePrice
04/07/2017

Closed (Public Record)

Public Record #595901308

$330,000

+4.0% / yr

07/02/1999

Closed (Public Record)

Public Record #92595123

$165,000

+4.3% / yr

06/11/1996

Closed (Public Record)

Public Record #92585904

$145,000

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

Public Records for 7 Silver Falls Road

Taxable ValueLand$111,720Additions$269,570Total$381,290
Tax Record2025$10,680 ($890 / month)
Home Facts
Beds0Lot Size103,162 SqFtStyleSingle Family ResidenceZoningR40CountySOUTHEASTERN CONNECTICUTAPNELYM M:048.0 B:00081 L:00000

Schools near 7 Silver Falls Road

This home is within East Lyme School District.
Rating
School
Type
Grades
Distance
East Lyme Middle School
Public - 5 to 8
East Lyme High School
Public - 9 to 12
Niantic Center School
Public - K to 4
Lillie B. Haynes School
Public - K to 4
Rating
School
Distance
East Lyme Middle School
Public5 to 8

East Lyme High School
Public9 to 12

Niantic Center School
PublicK to 4

Lillie B. Haynes School
PublicK to 4

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

New listings in 06333

$599,000 | 13 Greentree Drive, East Lyme, CT 06333
1/40

$599,000

4
Bedrooms
2,174
Square Feet
0.64
Acres

13 Greentree Drive, East Lyme, CT 06333

$424,900 | 14 Marion Drive, East Lyme, CT 06333
1/4

$424,900

4
Bedrooms
1,574
Square Feet
0.46
Acres

14 Marion Drive, East Lyme, CT 06333

$830,000 | 98 Dean Road, East Lyme, CT 06333
1/39
Under Contract - Continue To Show

$830,000

4
Bedrooms
4,541
Square Feet
2.56
Acres

98 Dean Road, East Lyme, CT 06333

$1,225,000 | 11 Partridge Court, East Lyme, CT 06333
1/40
Open: 10/4 12:00PM - 05:00PM

$1,225,000

4
Bedrooms
3,155
Square Feet
0.71
Acres

11 Partridge Court, East Lyme, CT 06333

$1,245,000 | 123 Scott Road, East Lyme, CT 06333
1/39

$1,245,000

4
Bedrooms
4,730
Square Feet
0.98
Acres

123 Scott Road, East Lyme, CT 06333

$1,200,000 | 24 Twin Valley Road, East Lyme, CT 06333
1/11
Virtual Tour

$1,200,000

3
Bedrooms
2,810
Square Feet
1.59
Acres

24 Twin Valley Road, East Lyme, CT 06333

$1,299,900 | 101 Upper Pattagansett Road, East Lyme, CT 06333
1/39
Under Contract - Continue To ShowVirtual Tour

$1,299,900

4
Bedrooms
3,300
Square Feet
1.43
Acres

101 Upper Pattagansett Road, East Lyme, CT 06333

a front view of a house with yard
1/16

$440,000

2
Bedrooms
964
Square Feet
0.27
Acres

16 Pattagansett Drive, East Lyme, CT 06333

a front view of a house with a yard
1/32
Under Contract - Continue To ShowVirtual Tour

$609,900

4
Bedrooms
2,404
Square Feet
1.1
Acres

17 Dean Road, East Lyme, CT 06333

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7 Silver Falls Road, East Lyme, CT 06333
$785,000
5
3,386
103,237
59 Silver Falls Road, Oakdale, CT 06370
$20,000
–
–
–
25,265
4 Silver Falls Road, East Lyme, CT 06333
$463,900
3
1,542
39,639
53 Silver Falls Road, Oakdale, CT 06370
–
2
1.5
1,396
45,738
2 Winthrop Drive, East Lyme, CT 06333
–
4
3
2,081
53,068
4 Winthrop Drive, East Lyme, CT 06333
$158,000
5
2.5
2,080
78,768

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make 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, Amanda Gaudette

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.