100 Lyme St

Old Lyme, CT 06371

$1,400,000
Last Sold Price
11
Beds
8,888 Sq. Ft.
$158 / Sq. Ft.
8,888
Sq. Ft.
$158
per Sq. Ft.

Description

Opportunity to purchase one of the most iconic properties and businesses on the Connecticut Shoreline has arrived! The Bee & Thistle, the epitome of understated elegance and unparalleled quality, is now on the market for the first time in almost 13 years. Easily considered by far the most highly regarded bed and breakfast in the state of CT, the Bee & Thistle Inn now offers a savvy investor or entrepreneur the chance to own a cornerstone of the CT Shoreline and polish an already brilliant patina...Opportunity to purchase one of the most iconic properties and businesses on the Connecticut Shoreline has arrived! The Bee & Thistle, the epitome of understated elegance and unparalleled quality, is now on the market for the first time in almost 13 years. Easily considered by far the most highly regarded bed and breakfast in the state of CT, the Bee & Thistle Inn now offers a savvy investor or entrepreneur the chance to own a cornerstone of the CT Shoreline and polish an already brilliant patina on a trophy property. The present owner has upheld and improved on the A+ standards for the last 12 years and is ready to pass on this successful landmark. There are 3 successful businesses which include the Inn, the Chestnut Grille Restaurant & Lounge and the Wedding & Special Event Venue. The specifics are as follows:11 finely appointed bedrooms and a separate cottage on 6 magnificent waterfront acres. Several dining rooms, an outdoor dining patio, a wonderful bar and lounge area, and so much more. Mechanical updates include new roof, windows, fire escape, furnace. Currently a staple in the community for dinner five days a week there is untapped potential for a 24/7 establishment. The Bee And Thistle remains open for dinner, events and currently booking weddings for 2020 and beyond. Truly a turnkey operation with most of the essential staff wishing to remain for the new owners if desired, as well as most of the current furnishings and equipment, making the transition seamless.

Property Details for 100 Lyme Street

Basement Description
Full With Walk-Out
Direct Waterfront
Yes
Garages Number
0
Neighborhood
N/A
Style
Antique
Garage Parking Info
Paved, Off Street Parking
Swimming Pool
No
LISTING UPDATED: 12/30/2020 04:03 AM

Property Details for 100 Lyme Street

StatusClosed
MLS #170231835
Days on Market422
Taxes$24,471 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1756
Lot Size5.25 AC / 228,690 SF
CountyNew London County

Location

Listing Courtesy of BHGRE Shore & Country, Lori Montazella; BHGRE Shore & Country, Chadwick Ciocci

Sold By Coldwell Banker Realty, Susan Kelly

Add your commute

Building Information for 100 Lyme Street

Stories-Year Built1756Building Size-Lot Size5.25 AC / 228,690 SF

Payment Calculator

$9,374 per month

30 year fixed, 6.845% Interest

Principal and Interest

$7,335

Property Taxes

$2,039

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 100 Lyme Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: 95 to exit 70
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.32685
  • Longitude: -72.32728
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2020-June 2021
  • Property Tax: $24,471
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Direct Waterfront, Frontage, River, Dock or Mooring
Interior Features
  • Appliances Included: Gas Range, Range Hood, Freezer, Dishwasher, Washer, Dryer
  • Attic Description: Pull-Down Stairs
  • Cooling System: Central Air
  • Heat Type: Steam
  • Attic YN: Yes
  • Fireplaces Total: 6
  • Room Count: 0
  • Rooms Total: 18
Property
Property and Assessments
  • Construction Description: Frame
  • Driveway Type: Private, Circular
  • Exterior Siding: Clapboard
  • Foundation Type: Masonry, Piling
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1756
  • Year Built Source: Approximate
  • Bank Owned Property: No
Lot Information
  • Lot Description: Water View, Professionally Landscaped
  • Parcel Number: 1551773
  • Sq Ft Est Heated Above Grade: 8888.0
  • Sq Ft Total: 8888.0
  • Zoning: R-40
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil
  • Sewage System: Septic
  • Water Source: Private Well

Property History for 100 Lyme Street

DateEvent & SourcePriceAppreciation
Dec 29, 2020

Closed (Public Record)

Public Record #687033449

$1,250,000—
Dec 29, 2020

Closed (Public Record)

Public Record #1432425384

$1,250,000

-1.5% / yr

Feb 10, 2006

Closed (Public Record)

Public Record #191534980

$1,575,000—
Feb 10, 2006

Closed (Public Record)

Public Record #191534980

$1,575,000

+6.7% / yr

Jul 20, 2000

Closed (Public Record)

Public Record #92690833

$1,100,000—
DateEvent & SourcePrice
12/29/2020

Closed (Public Record)

Public Record #687033449

$1,250,000
12/29/2020

Closed (Public Record)

Public Record #1432425384

$1,250,000

-1.5% / yr

02/10/2006

Closed (Public Record)

Public Record #191534980

$1,575,000
02/10/2006

Closed (Public Record)

Public Record #191534980

$1,575,000

+6.7% / yr

07/20/2000

Closed (Public Record)

Public Record #92690833

$1,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 100 Lyme Street

Taxable ValueLand$285,000Additions$769,800Total$1,054,800
Tax Record2021$24,577 ($2,048 / month)
Home Facts
Lot Size228,615 SqFtStyleGovernmental / Public UseCountyNEW LONDONAPNOLYM M:22 L:4

Schools near 100 Lyme Street

This home is within Regional School District 18.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Mile Creek School
PublicK to 5

Lyme-Old Lyme Middle School
Public6 to 8

Lyme-Old Lyme High School
Public9 to 12

The Children's Tree Montessori School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHGRE Shore & Country, Lori Montazella; BHGRE Shore & Country, Chadwick Ciocci

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.