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$ 899,000
Est. payment /mo
Price Dropped by $76K
18 Old South Cove Road Old Saybrook, CT 06475
4 Beds
3 Baths
1,569 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $572
MLS Listing ID 24163559
Style Ranch
Bedrooms 4
Full Baths 1
Half Baths 2
Year Built 1964
Annual Tax Amount $4,632
Lot Size 0.420 Acres
Property Description
Whether your vision is to Move-in, Renovate, or Custom Build from the ground up, this water-view coastal property is for you! Currently home to a classic 1,569 sq. ft. coastal ranch built on an oversized .42-acre water-view parcel, the true value of this premier Residential District A property lies in its exceptional dimensions, rare zoning advantages, and all the possibilities that come with the largest water-view coastal lot in South Cove! Situated in Old Saybrook's most protected and prominent corridor, 18 Old South Cove Road provides the rare opportunity for you to embrace your dream of living by the water and realizing your vision of Moving-in, Renovating, or Custom Building a "Luxury Estate" where privacy and scenic integrity are guaranteed by zoning. As one of the largest parcels in the protective Gateway Zone, you are granted 15% building coverage. This translates to a massive potential footprint of approximately 2,744 sq. ft., allowing for a custom build that far exceeds the scale of neighboring homes. And by leveraging the 35-foot (2.5 story) scale-up potential, you have the incredible opportunity to capture dramatic, unencumbered panoramic sunrises and water views of South Cove. With Residence A designation, this lot represents the perfect 'Coastal Canvas' for a luxury home up to 4,000 sq. ft. featuring 3-car garage, sweeping verandas, and all the best in coastal living!
Location
State CT
County Middlesex
Zoning RES
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling Wall Unit
Fireplaces Number 1
Exterior
Waterfront Description Not Applicable
Roof Type Shingle
Building
Lot Description Some Wetlands, In Subdivision, Level Lot, Professionally Landscaped, Water View
Foundation Concrete
Sewer Septic
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Old Saybrook
Listed by Steven Koleno • Beycome of Connecticut