205 Flanders Road
East Lyme, CT 06357
$500,000
Business owners, investors, and homeowners alike - take notice. 205 Flanders Rd. in East Lyme offers a combination that is extremely hard to find in the Niantic area, with both commercial and residential use creating tremendous flexibility for the next owner. Run your business from the same property you call home, eliminate the commute, create a live/work setup, or explore using a portion of the property for business purposes to help offset your ownership costs. There's also plenty of parking, an important benefit for many home-based or professional businesses. Completely renovated throughout, this property features 5 bedrooms, 4 full bathrooms and over 2,000 sq. ft. of living space, new hardwood flooring, updated bathrooms, a beautiful new kitchen with cabinetry, Taj Mahal countertops and brand-new appliances, recessed lighting throughout and a naturally light and bright interior. The walk-out lower level is already plumbed for a second kitchen, adding potential for an in-law or additional living arrangement.
| Listing Id: | 24202792 |
|---|---|
| List Price: | $494,900 |
| Close Price: | $500,000 |
| Close Date: | 2026-10-01 |
| Property Type: | Single Family |
| Status: | Closed |
| Bank Owned Property: | No |
| Beds Total: | 5 |
| Baths Full: | 4 |
| Living Area Sqft Per Public Record: | 2,086 |
| Property Tax: | $5,089 |
| Acres: | 0.27 |
| Style: | Cape Cod |
| Direct Waterfront Yn: | No |
| City: | East Lyme |
| County: | New London |
| Postal Code: | 06357 |
| Year Built: | 1940 |
| Acceptable Financing: | FHA, VA, CHFA |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Appliances Included: | Electric Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher |
| Assessed Value: | $175,770 |
| Attic Yn: | No |
| Basement Description: | Yes |
| Basement Description: | Full,Full With Walk-Out |
| Baths Total: | 4 |
| Comp Only Manual Yn: | No |
| Cooling System: | Central Air |
| Current Price: | $500,000.00 |
| Date Cont To Show: | 2026-08-31T04:00:00 |
| Directions: | Turn onto flanders. |
| Display Fair Market Value Yn: | Yes |
| Elementary School: | Per Board of Ed |
| Exterior Siding: | Vinyl Siding |
| Foundation Type: | Concrete |
| Fuel Tank Location: | In Basement |
| Heat Fuel Type: | Oil |
| Heat Type: | Hot Air |
| High School: | East Lyme |
| Home Owner's Assocation: | No |
| Home Warranty Offered Yn: | No |
| Hot Water Description: | Upright Tank |
| In Law Access: | First Floor, Separate Entry |
| In Law Apartment: | Possible |
| Laundry Room Info: | Main Level |
| Laundry Room Location: | Main Level laundry |
| Listing Contract Date: | 2026-08-28 |
| Lot Description: | Corner Lot |
| Mil Rate Total: | $28.95 |
| Status: | Closed |
| New Construction Type: | No/Resale |
| Occupied By: | Vacant |
| Original List Price: | $494,900 |
| Parcel Number: | 1470264 |
| Pending Date: | 2026-10-03 |
| Possession Availability: | August 8, 2026 |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 801-2087 |
| Price: | $500,000 |
| Remarks Public Addendum: | Outside, enjoy a brand-new Trex deck overlooking an improved backyard with plenty of usable green space for relaxing or entertaining. Located just minutes from Niantic's beaches, restaurants and shops, with convenient access to Mystic, Old Saybrook and the Sub Base, 205 Flanders Rd. gives you the opportunity to live here, work here, invest here - or combine all three. |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | Yes |
| Sq Ft Est Heated Above Grade: | 2,086 |
| Sq Ft Total: | 2,086 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2026-June 2027 |
| Total Rooms: | 10 |
| Under Agreement Yn: | No |
| Waterfront Description: | Not Applicable |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | CA |
Listing Courtesy of: Real Broker CT, LLC
Listing Agent: Stephano Stravoravdis
(860) 801-2087
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Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET
