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$500,000
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Property Description
Exceptional opportunity to own a great investment property in Giants Neck Heights, one of Niantic's most desirable shoreline communities. This side-by-side two-family home offers versatility for investors, owner-occupants, or those seeking a coastal retreat with income potential. Each unit is positioned side by side, creating a layout that feels private and functional, while offering strong rental appeal. Whether you're looking to expand your portfolio, live in one unit and rent the other, or secure a property near the water, this is a rare chance to invest in location and lifestyle. Each unit has separate utilities. You will also enjoy the added benefit of deeded beach rights to Giants Neck Beach, giving you access to one of the area's most sought-after private waterfront amenities. A quick 3 minute drive with reserved beach passes and parking. The property is also located out of a flood zone so flood insurance is not required! Don't miss this unique opportunity to own a multi-family property with private beach access in a beloved coastal neighborhood.
Full Property Details
Full Property Details for 53 Laurelwood Dr
General
- Sold For: $500,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24161093
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer/Dryer All Units
Exterior
- Exterior Features: Deck
- Color: Brown
Location
- County: New London
- Neighborhood: Giants Neck
- Driving Directions: gps
School Information
- Elementary School: Per Board of Ed
- High School: East Lyme
Community
- Community Name: Giants Neck
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Oil
- Heating Fuel: Oil
- Water Heater: Domestic
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Clapboard
- Basement Desc.: Full, Partially Finished, Full With Hatchway
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 2,210
- Above Ground: 2,210 Sq. Ft.
- Year Built: 1984
Unit Information
Unit 1
- Square Feet: 1105
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 1105
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.35
- Zoning: R10
- Lot Description: Level Lot
Water Features
- Water Front Desc.: Beach Rights
Financial Considerations
- Assessment Amount: $199,570
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1473426
Listed and Sold by Berkshire Hathaway NE Prop., Linda Goff
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Schools
Schools serving 53 Laurelwood Dr
School District:East Lyme School District
| Name | Grades | Distance |
|---|---|---|
Lillie B. Haynes School 29 Society Rd., East Lyme, CT 06357 | K-4 | 3 mi |
East Lyme High School 30 Chesterfield Road, East Lyme, CT 06333 | 9-12 | 4.3 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 53 Laurelwood Dr
Date
Details
Price
Change
Source
4/14/2026
Sold
$500,000
11.36%
MLS
3/25/2026
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
53 Laurelwood Drive, East Lyme, CT 06357 (MLS# 24161093) is a Multi-Family property that was sold at $500,000 on April 14, 2026. Want to learn more about 53 Laurelwood Drive? Do you have questions about finding other Multi-Family real estate for sale in East Lyme? You can browse all East Lyme real estate or contact a Coldwell Banker agent to request more information.

