55 Woodland Dr, Old Saybrook, CT 06475

$525,000
4
BD
1
BA
1,080
SqFt

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Sold Price
$525,000
List Price
$499,900
Status
CLOSED
MLS#
24178053
Closing Date
Jun 15, 2026
Year Built
1950
Style
Cape Cod
Bedrooms
4
Bathrooms
1
Acres
0.33
Living Area
1,080
Neighborhood
Knollwood Beach

Property Description

Tremendous opportunity in the sought-after Knollwood Beach Association! This coastal property is ideal for builders, flippers, investors, or buyers looking to create a custom beach retreat. Included in the sale is a rare undeveloped .40-acre lot at 53 Woodland Drive with its own separate field card, offering exceptional flexibility and future potential. The existing home needs significant cosmetic renovation and is being sold strictly "as is," but the layout, bones, and mechanical systems appear solid. Dry basement adds additional value and utility. The home was occupied until several months ago, though sellers have never lived in the property and no disclosures are available. Possible second-floor water views if rebuilt or expanded. Located in one of Old Saybrook's most desirable beach communities with access to Knollwood Beach Association amenities including a private sandy beach, clubhouse, tennis, pickleball, basketball, kayak storage, and more. Rare chance to renovate, rebuild, or develop in a prime shoreline location. Offers with financing will not be accepted.

Additional Information

Taxes
$5,769
Lot Size
14,374
Heating
Hot Air
Cooling System Type
None
Sewer
Septic Tank
Water Source
Public
Appliances
None
Fireplaces
2
Basement
Full, Sump Pump, Concrete
Parking Spaces
4
Elementary School
Kathleen E. Goodwin
Middle School
Old Saybrook
High School
Old Saybrook

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Calculator source: Real Geeks

Listing courtesy of Joel Lucas from Coldwell Banker Realty. (860) 304-9150 (203) 245-4700

Selling Office: Coldwell Banker Realty.

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