87 Cove Road
Lyme, CT 06371
$3,495,000 - Hamburg
Set on 2.1 private acres directly along Hamburg Cove, WATERLOT offers an extraordinary opportunity to acquire a premier waterfront estate on one of New England's most cherished maritime retreats. Renowned among boating enthusiasts as one of the region's finest and most secure "hurricane holes," Hamburg Cove provides a beautiful backdrop to this home. The property boasts over 220 feet of direct water frontage and potential for dockage capable of accommodating vessels up to 80 feet - a true unicorn for the region, where private residential slips of this scale and depth are virtually non-existent. Built with exceptional craftsmanship, the home offers a timeless foundation for its next chapter. While impeccably maintained and completely functional to enjoy as-is, the interiors await your bespoke design vision, offering an ideal canvas to craft a world-class waterfront haven.
| Listing Id: | 24199840 |
|---|---|
| List Price: | $3,495,000 |
| Property Type: | Single Family |
| Status: | Coming Soon |
| Bank Owned Property: | No |
| Beds Total: | 5 |
| Baths Full: | 4 |
| Baths Half: | 1 |
| Living Area Sqft Per Public Record: | 5,827 |
| Property Tax: | $24,128 |
| Acres: | 2.1 |
| Style: | Contemporary |
| Direct Waterfront Yn: | Yes |
| City: | Lyme |
| Neighborhood: | Hamburg |
| County: | New London |
| Postal Code: | 06371 |
| Year Built: | 1986 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Appliances Included: | Oven/Range, Refrigerator, Subzero, Dishwasher, Washer, Dryer |
| Assessed Value: | $1,664,000 |
| Attic Description: | Unfinished, Crawl Space, Access Via Hatch |
| Attic Yn: | Yes |
| Basement Description: | Yes |
| Basement Description: | Full,Unfinished,Storage,Interior Access,Walk-out,Concrete Floor,Full With Walk-Out |
| Baths Total: | 5 |
| Comp Only Manual Yn: | No |
| Cooling System: | Central Air |
| Current Price: | $3,495,000.00 |
| Directions: | CT-156 to Elys Ferry Road. Turn right onto Cove Rd. |
| Display Fair Market Value Yn: | Yes |
| Driveway Type: | Private, Paved |
| Elementary School: | Lyme Consolidated |
| Expected Active Date: | 2026-10-09 |
| Exterior Features: | Underground Utilities, Deck, Stone Wall |
| Exterior Siding: | Stucco |
| Fireplaces Total: | 1 |
| Foundation Type: | Concrete |
| Fuel Tank Location: | In Ground |
| Garage & Parking: | Detached Garage, Paved, Driveway |
| Garages Number: | 3 |
| Heat Fuel Type: | Oil |
| Heat Type: | Hot Air |
| High School: | Lyme-Old Lyme |
| Home Owner's Assocation: | No |
| Home Warranty Offered Yn: | No |
| Hot Water Description: | Oil, Domestic |
| In Law Access: | Detached, Lower Level |
| In Law Apartment: | Possible |
| Interior Features: | Cable - Available |
| Laundry Room Info: | Main Level |
| Laundry Room Location: | First Floor |
| Listing Contract Date: | 2026-10-07 |
| Lot Description: | Lightly Wooded, Treed, Sloping Lot, Cleared, Water View |
| Mil Rate Total: | $14.50 |
| Status: | Coming Soon |
| Nearby Amenities: | Golf Course, Playground/Tot Lot, Tennis Courts |
| New Construction Type: | No/Resale |
| Occupied By: | Owner |
| Original List Price: | $3,495,000 |
| Parcel Number: | 2327633 |
| Parking Total Spaces: | 6 |
| Possession Availability: | Immediate |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 227-4023 |
| Price: | $3,495,000 |
| Remarks Public Addendum: | The 5-bedroom, 4.5-bathroom home centers around a dramatic open atrium bathed in natural light featuring vaulted ceilings, exposed wooden rafters, light oak raised paneling, intricate staircase millwork, and a pink granite fireplace. A second-story mezzanine overlooks the main living area, creating an airy, layered architectural flow. The property offers tremendous potential for expansion, including a full lower level ready to be finished. Architectural renderings and permits are underway for a second detached garage capable of supporting a 1, 200sf accessory dwelling unit, and 5 additional garage bays - ideal for a guest suite, captain's quarters, or studio space. Located only 2.5 hours to NYC or Boston, 87 Cove Rd offers a rare opportunity to experience the finest in waterfront living. Agent/Owner related. Come discover the Lyme lifestyle! |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Septic |
| Sign Yn: | Yes |
| Sq Ft Est Heated Above Grade: | 5,827 |
| Sq Ft Total: | 5,827 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2026-June 2027 |
| Total Rooms: | 14 |
| Under Agreement Yn: | No |
| Waterfront Description: | River, Dock or Mooring, View, Access |
| Water Source: | Private Well |
| Year Built Source: | Public Records |
| Zoning: | RU40 |
Listing Courtesy of: William Pitt Sotheby's Int'l
Listing Agent: Erin Borruso
(860) 227-4023
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET