• 89 days on site
  • 3 views

A Rare Mixed Use Offering with River Access in the Heart of Old Lyme Village. Set in the center of Old Lyme Village, this storied 1897 landmark, originally the James Bugbee Store offers a compelling opportunity to reimagine a historic property as a refined live/work compound or gallery driven residence. The flexible zoning allows for both residential and commercial use, making it particularly well suited for those seeking a seamless integration of business, creativity, and home. Positioned on an expansive parcel within the desirable Turtle Fields Association, the property includes shared dock access to the Lieutenant River, an exceptional amenity that brings the water directly into daily life and elevates the overall experience of the setting. The grounds are a defining feature, with three separate barns, a storage structure, and a generous yard creating a rare framework for a thoughtfully designed compound. Whether envisioned as a primary residence paired with a studio or gallery, a boutique workspace with private living quarters, or a creative retreat, the configuration supports both lifestyle and function. Inside the structure reflects its late 19th century origins, offering scale, character, and an open layout ready for purposeful transformation. Just moments from the Village's cultural landmarks, including the Florence Griswold Museum, Old Lyme Inn, the Cooley Gallery, and the Lyme Academy of Fine Arts, all in a setting long embraced by artists and collectors.

Source: Smart MLS, MLS#: 24164057

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  • Property Type
    Residential
  • Lot
    1.11 acres

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  • Median Age
    52
  • Population Density
    159
  • College Educated
    62%
  • Estimated Median Income
    $106,052
  • Estimated Total Home Owners
    3,381
  • Estimated Total Renters
    680
  • Owner / Renter Divide
    83% / 17%
  • Estimated Average Household Size
    2
  • Total Population
    9,642
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 60 Lyme Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/2/2026Source: Smart MLS Price Reduction
$1,199,000 -40.0%
4/2/2026Source: Smart MLS Added to Database
April 02, 2026
Listing provided courtesy of William Pitt Sotheby's Int'l- MLS# 24164057MLS ProviderContact Information: (860) 867-6120