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$899,000
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Property Description
Location! Location! Location! Investors and buyers, here is your opportunity to own this thoughtfully renovated "multi-use" zoned (CB) property before the summer begins. Fondly known in Niantic Village as "The Bow House" restored to it's full New England charm, features numerous updates such as a new HVAC system, upgraded electrical service, added 1st floor washer/dryer, freshly painted inside and out, and much more. The detached two-car garage with an unfinished 24X17 studio/office space above offers a variety of potential future uses. Plenty of room to store a boat in the driveway and use the Niantic River ramp right next to the home. Stroll into town to enjoy dining, bakeries, shops, weekly farmers market, Niantic Play House, nearby beaches, Niantic Boardwalk, Charter Fishing Boats, Marina's and more. Enjoy second floor river and bay views without the need for flood insurance. Nestled between N.Y and Boston with that small coastal/seaside village feel, this home has been a successful Airbnb, therefore the majority of furnishings are included/negotiable in the sale. Nearby major employers include Pfizer, E.B, Coast Guard, L&M Hospital, etc. Don't miss this rare opportunity to own in this small popular town by the shore! (Cameras on premises)
Full Property Details
Full Property Details for 11 Smith Ave
General
- Price: $899,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24161142
- Updated: 4/30/2026
- Added to Site: 73 day(s) ago
Interior
- Interior Features: Living Space Available, Security System
- Flooring: Ceramic Tile, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Uncovered Spaces: 5
Location
- County: New London
- Neighborhood: Niantic
- Driving Directions: Corner of Smith Ave (Past Dads Restaurant on right) and Grand St,
Community
- Community Name: Niantic
Heating & Cooling
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Hot Air, Propane
- Heating Fuel: Propane
Utilities
- Sewer: Public Sewer In Street, Septic
- Water: Public Water Connected
- Utility Description: Electric, Cable
Structural Information
- Roof: Wood Shingle
- Sq. Ft. Source: Public Records
- Living Area: 2,117 Sq. Ft.
- Current Bldg. Use: Airbnb
- Year Built: 1987
Unit Information
Unit 1
- Unit Description: 3 Bedrooms
- Total Bathrooms: 3
Lot Features
- Lot Size (Acres): 0.25
- Frontage: Municipal Street, Paved Road
- Present Use: Airbnb
- Potential Use: Zoned Mixed Use. Residential/Commercial
- Zoning: CB
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $386,120
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 1467632
Listed by Berkshire Hathaway NE Prop., Linda Barrett
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Schools
Schools serving 11 Smith Ave
School District:East Lyme School District
| Name | Grades | Distance |
|---|---|---|
Niantic Center School 7 West Main St., East Lyme, CT 06357 | K-4 | 0.8 mi |
East Lyme High School 30 Chesterfield Road, East Lyme, CT 06333 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11 Smith Ave
Date
Details
Price
Change
Source
4/30/2026
Price Reduced
$899,000
-8.17%
MLS
4/01/2026
Listed
$979,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11 Smith Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,815
6%
$386,120
—
2023
$10,172
6%
$386,050
—
2023
$9,605
4%
$386,050
—
2022
$9,203
12%
$386,050
34%
2021
$8,244
1%
$289,170
—
2020
$8,201
1%
$289,170
—
2019
$8,152
3%
$289,170
—
2018
$7,909
5%
$289,170
—
2017
$7,565
2%
$289,170
-1%
2016
$7,431
3%
$293,020
—
2015
$7,241
3%
$293,020
—
2014
$7,041
3%
$293,020
—
2012
$6,842
—
$293,020
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11 Smith Ave
11 Smith Avenue, East Lyme, CT 06357 (MLS# 24161142) is a Commercial property. 11 Smith Avenue is currently listed for $899,000 and was received on March 20, 2026. Want to learn more about 11 Smith Avenue? Do you have questions about finding other Commercial real estate for sale in Niantic? You can browse all Niantic real estate or contact a Coldwell Banker agent to request more information.

