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$500,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 821 Sq. Ft.
  • 1 Car Garage
  • Updated 3 days ago
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Incredible opportunity to own a direct lakefront property. Built in 1937 and well-cared for through the years, this 1 Bedroom, 1 Bath home situated on a generous .48 acre lot has sweeping views and over 100' of beach/lake frontage with a private dock. Lake Quonnipaug is an angler's paradise; a serene 98-acre, spring-fed lake regularly stocked with trout by the CT DEEP, alongside thriving large-mouth bass, yellow perch, and chain pickerel. Perfect conditions for seamless kayaking, paddle boarding, swimming, and boating right from your backyard. Need something a little quieter to do? Enjoy quiet mornings observing resident herons, egrets, swans, ducks, and geese. Directly across sits the sandy Lake Quonnipaug Town Beach. Also just minutes from premier hiking at Bluff Head Trailhead and the scenic Guilford Lakes golf course. There is endless potential; use it immediately as a cozy summer getaway, a lucrative rental, or build your ultimate custom lakefront estate. Newer roof, split units, appliances. Includes 1 car-detached garaged and a sweet little shed across the bridge over the stream all on your own property. So many memories and fun to be made right here!

Full Property Details for 488 Lake Dr

General

  • Price: $500,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Single Family
  • Source: SMARTMLS
  • MLS ID: 24192432
  • Updated: 7/18/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 4
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Primary Bedroom: Primary Bedroom, Main

Other Rooms

  • Living Room: Living Room, Main
  • Kitchen: Kitchen, Main
  • Dining Room: Dining Room, Main
  • Laundry: Main Level

Exterior

  • Exterior Features: Shed, Deck, Patio
  • Color: Beige

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 4
  • Parking: Detached Garage, Paved, Driveway

Location

  • County: New Haven
  • Neighborhood: North Guilford
  • Driving Directions: GPS Best Source

School Information

  • Elementary School: Melissa Jones
  • Middle School: Adams
  • Intermediate School: Baldwin
  • High School: Guilford

Community

  • Community Name: North Guilford

Heating & Cooling

  • Cooling Type: Ductless, Split System
  • Heating Type: Baseboard, Wall Unit, Other, Electric, Propane
  • Heating Fuel: Electric, Propane
  • Water Heater: Propane, Domestic

Utilities

  • Sewer: Septic
  • Water: Private Well

Structural Information

  • Architectural Style: Ranch
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Roof: Shingle
  • Attic: Yes
  • Square Feet: 821
  • Above Ground: 821 Sq. Ft.
  • Year Built: 1937

Lot Features

  • Lot Size (Acres): 0.48
  • Driveway/Sidewalk: Private, Paved
  • Zoning: R-3
  • Lot Description: Level Lot, Water View

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake, Beach, Dock or Mooring, View

Financial Considerations

  • Assessment Amount: $227,430
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Flood Zone: Yes
  • Property ID: 1117759

Listed by William Raveis Real Estate, The Shoreline Homes Team at William Raveis Real Estate, Robin Keegan

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Listing agent

— 488 Lake Dr —

  • Robin Keegan

    William Raveis Real Estate

Agent Contact: (203) 500-2212 Office Contact: (203) 318-3570

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 488 Lake Dr

School District:Guilford School District
NameGradesDistance
Melissa Jones School
181 Ledge Hill Road, Guilford, CT 06437
K-42.1 mi
E. C. Adams Middle School
233 Church Street, Guilford, CT 06437
7-86.6 mi
Guilford High School
605 New England Road, Guilford, CT 06437
9-125.3 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 488 Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/18/2026
Listed
$500,000
90.84%
MLS
5/17/2017
Sold
$262,000
—
Public Record
Get Price Alerts and Save Property
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 for 488 Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,288
4%
$227,430
—
2023
$6,045
3%
$227,430
—
2023
$5,886
-3%
$227,430
25%
2022
$6,053
2%
$182,040
—
2021
$5,938
1%
$182,040
—
2020
$5,882
1%
$182,040
—
2019
$5,831
2%
$182,040
—
2018
$5,694
—
$182,040
-6%
2017
$5,711
2%
$194,510
—
2016
$5,577
2%
$194,510
—
2015
$5,493
3%
$194,510
—
2014
$5,333
1%
$194,510
-15%
2011
$5,289
—
$229,350
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by William Raveis Real Estate, The Shoreline Homes Team at William Raveis Real Estate, Robin Keegan

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488 Lake Drive, Guilford, CT 06437 (MLS# 24192432) is a Single Family property with 1 bedroom and 1 full bathroom. 488 Lake Drive is currently listed for $500,000 and was received on July 18, 2026. Want to learn more about 488 Lake Drive? Do you have questions about finding other Single Family real estate for sale in Guilford? You can browse all Guilford real estate or contact a Coldwell Banker agent to request more information.

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