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3 Town Beach Road

Old Saybrook, CT 06475
  • $949,000
  • STATUS: Active
  • MLS #: 24004520
UPDATED: 167 min ago
$949,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,472
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1960
County:
Area:

School Information

Elementary School:
High School:

Description

INVESTMENT OPPORTUNITY - CORNFIELD POINT BEACH ASSOCIATION! This property presents a rare opportunity to own a versatile space that combines commercial and residential appeal. Whether you're seeking a lucrative investment, envisioning your own Airbnb, or own beach escape, this property offers endless possibilities. Situated in the sought-after Cornfield Point Beach Association, this property is at the entry of this very desirable beach community with many residents and guests driving by daily! The property boasts a flexible layout, featuring a spacious storefront ideal for retail, caf?, breakfast/lunch destination or ice cream! Additionally, there's a separate residential unit upstairs with 4 bedrooms, oversized deck, plenty of parking, full bath providing a rental opportunities. Maximize your investment with dual income streams. Whether you choose to lease out the storefront, rent the residential unit, or utilize both spaces for personal and commercial purposes, this property promises lucrative returns and financial flexibility. There is also the option of converting the storefront into 1-2 apartments. Walk or bike to Cornfield Point Beach/two town beaches, Main Street's shops, restaurants are a short drive/bike ride away, as are the Kate Cultural Arts Center, Fenwick Golf Course and Saybrook Point. Just a few hours from NYC or Boston, your private shoreline retreat is calling you. No flood insurance required.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-04-25T00:11:13.127.
www.spectrumrec.com/homes/148829250
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3 Town Beach Road Old Saybrook, CT 06475

  • Price: $949,000
  • Status: Active
  • On Site: Days
  • Updated: 167 min ago
  • MLS #: 24004520
3
Beds
1
Baths
0
½ Baths
0.13
Acres
3,472
SQFT
$273
$/SQFT
1960
Built
Neighborhood:
Cornfield Point
County:
Middlesex
Area:
Old Saybrook
Elementary School:
Kathleen E. Goodwin
High School:
Old Saybrook
Property Description
INVESTMENT OPPORTUNITY - CORNFIELD POINT BEACH ASSOCIATION! This property presents a rare opportunity to own a versatile space that combines commercial and residential appeal. Whether you're seeking a lucrative investment, envisioning your own Airbnb, or own beach escape, this property offers endless possibilities. Situated in the sought-after Cornfield Point Beach Association, this property is at the entry of this very desirable beach community with many residents and guests driving by daily! The property boasts a flexible layout, featuring a spacious storefront ideal for retail, caf?, breakfast/lunch destination or ice cream! Additionally, there's a separate residential unit upstairs with 4 bedrooms, oversized deck, plenty of parking, full bath providing a rental opportunities. Maximize your investment with dual income streams. Whether you choose to lease out the storefront, rent the residential unit, or utilize both spaces for personal and commercial purposes, this property promises lucrative returns and financial flexibility. There is also the option of converting the storefront into 1-2 apartments. Walk or bike to Cornfield Point Beach/two town beaches, Main Street's shops, restaurants are a short drive/bike ride away, as are the Kate Cultural Arts Center, Fenwick Golf Course and Saybrook Point. Just a few hours from NYC or Boston, your private shoreline retreat is calling you. No flood insurance required.
Exterior Features

Direct Waterfront YN No Driveway Type PrivatePaved Exterior Features Deck Exterior Siding Vinyl Siding Garage And Parking NonePavedDriveway Lot Description Corner LotDryLevel Lot Parking Total Spaces 8 Roof Information Asphalt Shingle Style Other Swimming Pool YN No

Interior Features

Appliances Included Oven/RangeRefrigeratorDishwasher Attic YN No Basement Description FullUnfinishedStorageInterior AccessConcrete FloorFull With Hatchway Cooling System None Fireplaces Total 0 Heat Type Baseboard In Law Apartment Possible Rooms Bedroom (Upper Level) Primary Bedroom (Upper Level) Living Room (Upper Level) Bedroom (Upper Level) Sq Ft Est Heated Above Grade 3472 Sq Ft Total 3472 Total Rooms 8

Property Features

Acceptable Financing FHAVA Agent Owner YN No Association Fee Includes Club HouseLake/Beach Access Bank Owned Property No Foundation Type Concrete Fuel Tank Location In Basement Heat Fuel Type Natural GasOilPropane Hoa Fee Amount 480 Hoa Fee Frequency Annually Home Owners Assocation Yes Home Warranty Offered YN No Hot Water Description Domestic New Construction Type No/Resale Potential Short Sale No Sewage System Septic Tax Year July 2023-June 2024 Water Source Public Water Connected Zoning A

Listing information © 2024 Smart MLS
Listing provided courtesy of Sharon Linder of Berkshire Hathaway NE Prop.: (860) 388-3411.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-04-25T00:11:13.127.
 
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