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34 Lyme Street, Old Lyme, CT 06371

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For Sale

$775,000

2 beds • 2 baths • 2,548 sqft

Estimated Payment

$ 4,063 /mo. †

6.85% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $304.16
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Seize this rare opportunity to own a versatile mixed-use property in the heart of beautiful Old Lyme! Whether you're looking for a residence, business space, or both, this spacious ranch-style property offers endless possibilities.
MLS# 24071442

Courtesy Of William Pitt Sotheby's International Realty

(203) 245-6700

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Patio, Ceiling Fan, Cable Ready
  • Appliances
    Cooktop, Cooktop - Electric, Range
  • Architecture Style
    Ranch
  • Cooling System
    Attic Fan, Ceiling Fan(s)
  • Heating System
    Baseboard, Hot Water, Zoned
  • Lot Size
    0.26 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement
  • View Type
    City

Map and Directions

Directions to 34 Lyme Street, Old Lyme, CT 06371

Home seller CENTURY 21 Shutters & Sails

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Shutters & Sails

(860) 331-1510
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $4,063
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,063

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Mile Creek School

Grades KG-5 Public School

Old Lyme, CT 06371 2.8 miles
205 mile creek rd

270 total students
14:1 Student teacher ratio

School Rating: B+

School Details

Lyme - Old Lyme Middle School

Grades 6-8 Public School

Old Lyme, CT 06371 0.3 miles
53 lyme st

270 total students
11:1 Student teacher ratio

School Rating: A-

School Details

Lyme - Old Lyme High School

Grades 9-12 Public School

Old Lyme, CT 06371 0.3 miles
69 lyme st

450 total students
10:1 Student teacher ratio

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
Center School 0.1 miles Public PK
The Children's Tree Montessori School 1.5 miles Private PK-4
Old Saybrook Middle School 2.8 miles Public 5-8 B
St John School 2.9 miles Private PK-8
Kathleen E. Goodwin School 3.4 miles Public PK-6 B-
Old Saybrook Senior High School 3.9 miles Public 9-12 A-
Essex Elementary School 5.2 miles Public PK-6 B+

Center School

Distance: 0.1 miles

Type Public

Grades: PK

The Children's Tree Montessori School

Distance: 1.5 miles

Type Private

Grades: PK-4

Old Saybrook Middle School

Distance: 2.8 miles

Type Public

Grades: 5-8

B

St John School

Distance: 2.9 miles

Type Private

Grades: PK-8

Kathleen E. Goodwin School

Distance: 3.4 miles

Type Public

Grades: PK-6

B-

Old Saybrook Senior High School

Distance: 3.9 miles

Type Public

Grades: 9-12

A-

Essex Elementary School

Distance: 5.2 miles

Type Public

Grades: PK-6

B+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Old Lyme, CT 06371

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Old Lyme, CT 06371

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

82° July
Hottest Average Month
20° January
Coldest Average Month
3,920 Total Households in Area
-0.8% Increase in population since the year 2010
29.4%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Old Lyme, CT 06371

Old Lyme, CT 06371 has a population of 9,208 people in 3,920 households with a median age of 50.1 years old.

-0.8%
Decrease in population
since the year 2010
Population is Trending down
3,996
Total households as of 2010
3.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 50.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 91%
Hispanic 4%
Asian 2%
Other 1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 91%, followed by Hispanic at 4%, Asian at 2%, and Other at 1%.

Economics
for Old Lyme, CT 06371

154 /sq mi
Population Density
$126,931 /yr
Median Household Income
$626,250
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 26.74% of the households.

Transportation to Work

  • Drive 76%
  • Work from Home 19%
  • Public Transit 3%
  • Walk or Bike 2%

Occupancy by Type

Owned 3,362 63%
Vacant 1,393 26%
Rented 557 10%

White vs Blue Collar Jobs







White Collar 84%
Blue Collar 16%

Family & Education Facts
for Old Lyme, CT 06371

50.1 Median Age

Average Household Size

2.3
persons per
household

62.5%

Married Households

Community Population By Education

Graduate Degree 29%
Bachelors Degree 28%
Some College 16%
High School Graduate 16%
Associates Degree 9%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Graduate Degree, representing 28.68% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.4% of households have children

Weather
for Old Lyme, CT 06371

The weather for this area ranges from a high of 82° F in July to a low of 20° F in January

82° July
Hottest Average Month
20° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
38°
Feb
21°
39°
Mar
28°
47°
Apr
37°
58°
May
46°
68°
Jun
56°
76°
Jul
62°
82°
Aug
61°
80°
Sep
53°
74°
Oct
43°
64°
Nov
34°
53°
Dec
24°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Old Lyme, CT 06371!
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Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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