35 Nehantic Drive
East Lyme, CT 06333
$1,540,000 - Black Point
Introducing The Black Point Market, a rare beach property offering that has been active in the Black Point beach community for almost 100 years. A quintessential coastal Commercial, Residential / Mixed use property opportunity unmatched by the surrounding beach communities. There is no other property within a 5-mile radios that offers such amenities. Key features of this property are its active and successful market on the first floor offering breakfast, lunch and groceries as well as beer and other spirits, and although currently open and operated seasonally (4/5) months per year, it can be open year-round!! In addition to the Market, there is a upper floor 3-bedroom year-round apartment with commanding unobstructed views of Niantic Bay and Fishers Island. The same unobstructed views are enjoyed from the Market's deck seating for its patrons as well. A third space on the property is available in a newly constructed 450 sf building offering office space / other adjacent to Market. With a full bath, kitchenette providing a versatile space to relax and enjoy laid back atmosphere regardless of the weather.
| Listing Id: | 24204670 |
|---|---|
| List Price: | $1,540,000 |
| Property Type: | Single Family |
| Status: | Active |
| Bank Owned Property: | No |
| Beds Total: | 2 |
| Baths Full: | 2 |
| Baths Half: | 1 |
| Living Area Sqft Per Public Record: | 2,620 |
| Property Tax: | $8,230 |
| Acres: | 0.14 |
| Style: | Cape Cod |
| Direct Waterfront Yn: | No |
| City: | East Lyme |
| Neighborhood: | Black Point |
| County: | New London |
| Postal Code: | 06333 |
| Year Built: | 1930 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Appliances Included: | Electric Cooktop, Gas Cooktop, Cook Top, Gas Range, Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Electric Dryer |
| Assessed Value: | $284,270 |
| Attic Yn: | No |
| Basement Description: | Yes |
| Basement Description: | Full,Full With Walk-Out |
| Baths Total: | 3 |
| Color: | Beige |
| Comp Only Manual Yn: | No |
| Cooling System: | Split System |
| Current Price: | $1,540,000.00 |
| Directions: | Black Point beach community |
| Display Fair Market Value Yn: | No |
| Elementary School: | Niantic Center |
| Exclusions: | All items associated with the apartments and Business minus a few personal items. |
| Exterior Features: | Porch-Heated, Porch-Enclosed, Shed, Awnings, Porch, Wrap Around Deck, Deck, Stone Wall, Patio |
| Exterior Siding: | Vinyl Siding |
| Flood Zone Yn: | No |
| Foundation Type: | Masonry |
| Fuel Tank Location: | Above Ground |
| Garage & Parking: | On Street Parking, Off Street Parking |
| Handicap Features: | Ramps |
| Heat Fuel Type: | Propane |
| Heat Type: | Hot Air |
| High School: | East Lyme |
| Home Owner's Assocation: | No |
| Home Warranty Offered Yn: | No |
| Hot Water Description: | Propane, 50 Gallon Tank, Tank Size Unknown |
| Interior Features: | Open Floor Plan |
| Laundry Room Info: | Main Level |
| Laundry Room Location: | first floor |
| Listing Contract Date: | 2026-09-11 |
| Lot Description: | Level Lot, Professionally Landscaped |
| Middle Jr High School: | Per Board of Ed |
| Mil Rate Total: | $28.95 |
| Status: | Active |
| Nearby Amenities: | Basketball Court, Bocci Court, Paddle Tennis, Park, Playground/Tot Lot, Tennis Courts |
| New Construction Type: | No/Resale |
| Occupied By: | Vacant |
| Original List Price: | $1,540,000 |
| Parcel Number: | 1472430 |
| Parking Total Spaces: | 12 |
| Possession Availability: | Negotiable |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 304-3037 |
| Price: | $1,540,000 |
| Radon Mitigation Air Ynu: | No |
| Radon Mitigation Water Ynu: | No |
| Remarks Public Addendum: | The rental history and increased rental potential of the property's living spaces has increased recently as a result of a few nearby / large employers massive hiring plan. The location of this property is truly exceptional, as it is steps from the Black Point private beaches, and a short walk to the association's clubhouse. Golf carts are allowed in this beach community which makes getting around to the various amenities this private community a snap. A children's summer "club" has been in place for decades in addition to The Women's and the Men's Club, both continuing to support the vibrant Black Point Beach Association. Such amenities often signal a lifestyle of leisure and aquatic adventures, boosting this property's value and appeal while enhancing the daily living experience. This community is close to the charming village of Niantic which offers dining, shopping, theater and a renowned mile long boardwalk along the Bay. Nearby transportation options include major highways, train, plane and boat access. This property also boasts an excellent rental potential making it a VERY attractive investment opportunity. |
| Roof Information: | Asphalt Shingle |
| Rooms Additional: | Bonus Room |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Description: | Store , apartment above store and detached space |
| Sq Ft Est Heated Above Grade: | 1,920 |
| Sq Ft Est Heated Below Grade: | 700 |
| Sq Ft Total: | 2,620 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2026-June 2027 |
| Total Rooms: | 5 |
| Under Agreement Yn: | No |
| Waterfront Description: | Walk to Water, Dock or Mooring, Beach Rights, View |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | R12 |
Listing Courtesy of: Berkshire Hathaway NE Prop.
Listing Agent: Bob Cancelmo
(860) 304-3037
Mortgage Calculator
© 2026 Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed. MLS Disclaimer: Information deemed reliable but not guaranteed to be accurate.
Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET
