284 Shore Road
Old Lyme, Connecticut

Description:

"The Shoreline Opportunity" MAXIMUM INVESTMENT: Potential for Two Separate 3-Bedroom Units Under CT-830G! When opportunity knocks, you take it! This is the premier development opportunity @ 284 Shore Road. The existing structure offers maximum future value as a single home or as two separate 3-bedroom residential units under the powerful CT-830G provisions (current septic in place), subject to approvals! The newer roof minimizes stress; a big ticket item is done. The current 3-bedroom apartment is partially cleared for immediate renovation, and the entire lower level is your blank canvas for conversion. Crucially, based on current septic allowance, the structure supports up to six bedrooms total! The property features separate utilities on 1st and 2nd floor if multi-family conversion is approved. The Location Defines the Lifestyle: You are directly across from the main public beach road and hold a permissible private boat mooring opportunity nearby! Enjoy this golf-cart-friendly neighborhood where sidewalk-lined streets provide ADA access all the way to the beach. Blocks away, find coastal shops, restaurants, and entertainment. Drive your golf cart to the beach for front-row parking. Nearby attractions include Rocky Neck State Park and the Connecticut River. Features include a large paved parking area and a newer 350 sq ft paver patio. Though the property needs investment, the potential for equity and coastal living is immense. Secure your Old Lyme investment and future

Listing Courtesy of Silver and Oak Realty