RateMyAgentGo to search
Back 23 River Rd
Active

23 River Rd

New London County CT 06333

3
2
2
1728 sq. ft.
1.02 ac.
Single-Family
Currently for sale - view listing

Overview

Cozy Nest Cottages at 23 River Rd, East Lyme, CT offers a unique shoreline opportunity for owner occupants or investors. The main home, remodeled in 2007, is a charming year-round residence with water views, deeded access to the Niantic River, a mooring, and a generator hookup. It features a versatile 3-bedroom, 2-full-bath floor plan, a two-car garage, storage, and a shed. Situated on an acre-plus parcel, the property includes seven cottages ranging from 240 to 600 sq ft. These cottages feature one-bedroom units with open kitchen-family room styles, studios with lofts, and larger open-concept studios. Six cottages have porches, and three are seasonal, all showcasing a unique "cottage beach style" with one bathroom per cottage. Ideal for family vacations, friends' getaways, individuals, traveling nurses, and wedding parties, the cottages also offer significant rental income potential from platforms like Airbnb, VRBO, and private rentals. The main home can generate $3,500 per month, while the cottage rentals are estimated to bring in $60,000 - $75,000 annually, for a total potential annual rental income of $117,000. Additional highlights include a lodging license, no flood insurance requirement, and proximity to the Niantic River and Oswegatchie Hills Nature Preserve trails. This quiet enclave of homes is just minutes from I-95/I-395.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1728 sq. ft. floor area
1.02 ac. lot size
Single-Family

Happy sellers in New London County

95%
95% of sellers in New London County reported that their sale price either exceeded or met their price expectations.

New London County stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in New London County over the last 12 months.

Local market activity for 3 bedroom single-family properties in New London County

In the last 12 months, 37 three-bedroom single-family properties similar to 23 River Rd, have been sold.

This represents a 20% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap