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40 Portland Avenue, Old Lyme, CT 06371

Multi-Family For Sale · 2 Family

$888,000
$399/sqft
40 Portland Avenue, Old Lyme, CT
Active
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7
Bedrooms
3
Bathrooms
2,225
Sq Ft
0.12
Acres
1930
Year Built

About This Home

Unique Beach property! 40 Portland Avenue, Old Lyme Beach Community. Love the Beach but not the travel to get to it . Here we have 2 separate homes on 1 lot and the main Beach home also has an in-law unit connected. Recently renovated and freshly painted. Home has many possibilities for use whether is a family home or an investment for Academic renting. It is year round living. Beach rights and just a couple of minutes with a casual stroll to the beach. Main Beach house home is 3 beds, 1 bath, In-law 1-2 bedroom, 1 bath and the Cottage is 2 bedroom, 1 bath.

Listed by Banglian Gao (860) 518-2068 with United Realty Plus (860) 880-0333

Listing Snapshot

Price $888,000 Days on Our Site 29 days
Property Tax $7,076/yr Style Other
Year Built 1930 Total Sq Ft 2,225
Lot Size 0.12 acres HOA Fees N/A
Bedrooms 7 Full Bathrooms 3
Total Rooms 15 Half Baths 0

Structure & Parking

Construction Frame
Roof Asphalt Shingle
Garage Type Off Street Parking, Driveway, Unpaved

Systems & Utilities

Heat Baseboard
Fuel Electric
Cooling None
Hot Water Oil, Propane, Domestic
Water Private Well
Sewer Septic

Schools

Elem Per Board of Ed
High Per Board of Ed

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $590/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
May 17, 2026 Listed $888,000

Frequently Asked Questions

How much does 40 Portland Avenue in Old Lyme, CT cost?
This property is listed at $888,000, which works out to $399 per square foot.
How many bedrooms does 40 Portland Avenue have?
This home has 7 bedrooms and 3 bathrooms.
What is the square footage of 40 Portland Avenue?
The home is 2,225 square feet, situated on 0.12 acres.
When was 40 Portland Avenue in Old Lyme built?
This property was built in 1930.
Is 40 Portland Avenue, Old Lyme, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 40 Portland Avenue, Old Lyme in?
This home is served by the Old Lyme public school system, with Per Board of Ed as the elementary school and Per Board of Ed as the high school.
How do I schedule a tour of 40 Portland Avenue, Old Lyme, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Banglian Gao · (860) 518-2068

United Realty Plus · (860) 880-0333

MLS# 24176261 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated May 22, 2026 5:07 PM UTC