178 West Main Street
Niantic, CT 06357
Niantic- Studio
- 4,785 sqft (on 1.34 acres)
Studio
4,785 sqft
(on 1.34 acres)
Local Information
-- mins to
Description
Welcome to Shady Oaks. This multifamily property consists of 8 separate cottages. 7 (1bd/1ba)/(Studio) cottage apartments that range from 450-600 sq/ft. 1 (2bd/1ba) single family home that is 818 sq/ft. Huge upside in raising rents on these year-round apartments or by possibly converting them into Airbnb/short term rental. Big value add play, potential to turn this property into 9 or 10 units total. A fire damaged duplex at the front of the property is waiting to be rebuilt. Seller has approvals for a single family on the same footprint. Proximity to the ocean, casinos, downtown Mystic CT, and more. Great location for tenants/short term rental. Great tenants currently! Please see financials attached in downloads for more detailed breakdown of each unit utilities. All units pay their own heat, hot water, and electric.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 18, 2024
Home Highlights
Parking
Open Parking
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 178 West Main Street
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Interior Details Basement: None |
Dimensions and Layout Living Area: 4785 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater |
Heating & Cooling Heating: Baseboard,ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
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Exterior Home Features Roof: AsphaltPatio / Porch: DeckFoundation: Concrete PerimeterNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Off Street,Driveway |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer, Septic Tank |
Finished Area Finished Area (above surface): 4785 Square Feet |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl Siding, OtherNot a New ConstructionDoes Not Include Home Warranty |
Property Information Parcel Number: 1466767 |
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Price List Price: $815,000 |
Status Change & Dates Off Market Date: Thu Feb 29 2024Possession Timing: Negotiable |
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MLS Status: Closed |
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Direction & Address City: East Lyme |
School Information Elementary School: Per Board of EdHigh School: Per Board of Ed |
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Building Area Building Area: 4785 Square Feet |
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No HOA |
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Lot Area: 1.34 Acres |
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Mls Number: 170569789Attic: NoneAbove Grade Unfinished Area: 4785 |
Last check for updates: about 2 hours ago
Listed by Brendon Mansaku, (860) 605-7434
Berkshire Hathaway NE Prop., (860) 633-3674
Bought with: Brian Sherwood, (203) 570-4150, Keller Williams Realty, (203) 429-4020
Source: Smart MLS, MLS#170569789

Price History for 178 West Main Street
| Date | Price | Event | Source |
|---|---|---|---|
| 03/01/2024 | $732,500 | Sold | Smart MLS #170569789 |
| 02/22/2024 | $815,000 | Contingent | Berkshire Hathaway HomeServices New England Properties #170569789 |
| 12/06/2023 | $815,000 | PendingToActive | Smart MLS #170569789 |
| 10/12/2023 | $815,000 | Contingent | Berkshire Hathaway HomeServices New England Properties #170569789 |
| 10/12/2023 | $815,000 | Pending | Berkshire Hathaway HomeServices New England Properties #170569789 |
| 10/03/2023 | $815,000 | PriceChange | Smart MLS #170569789 |
| 06/02/2023 | $900,000 | Pending | Berkshire Hathaway HomeServices New England Properties #170569789 |
| 06/02/2023 | $900,000 | Contingent | Smart MLS #170569789 |
| 05/16/2023 | $900,000 | Listed For Sale | Smart MLS #170569789 |
Market trends in East Lyme
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
6MoM
Comparable Sales for 178 West Main Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.85 | Multi-Family Home | $500,000 | 04/14/26 | 4 | 3 | 2,210 | |
1.81 | Multi-Family Home | $538,000 | 07/24/25 | 2 | 2 | 1,536 | |
2.04 | Multi-Family Home | $736,000 | 11/07/25 | 3 | 2 | 2,036 | |
2.00 | Multi-Family Home | $410,000 | 06/05/26 | 5 | 2 | 2,664 | |
2.07 | Multi-Family Home | $650,000 | 10/02/25 | 4 | 2.5 | 1,948 | |
2.00 | Multi-Family Home | $385,000 | 09/12/25 | 2 | 2 | 539 | |
3.37 | Multi-Family Home | $454,000 | 10/06/25 | 4 | 2 | 1,920 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 178 West Main Street.
What Locals Say about Niantic
At least 55 Trulia users voted on each feature.
85 % Say car is needed
84 % Say parking is easy
81 % Say it's dog friendly
76 % Say there's holiday spirit
75 % Say people would walk alone at night
73 % Say there's wildlife
72 % Say yards are well-kept
72 % Say it's quiet
62 % Say neighbors are friendly
54 % Say kids play outside
54 % Say they plan to stay for at least 5 years
51 % Say there are community events
48 % Say it's walkable to restaurants
48 % Say streets are well-lit
37 % Say there are sidewalks
18 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
178 West Main Street, Niantic, CT 06357 is a studio, 4,785 sqft multi-family built in 1930. 178 West Main Street is located in Niantic, Niantic. This property is not currently available for sale. 178 West Main Street was last sold on Mar 1, 2024 for $732,500 (10% lower than the asking price of $815,000). The current Trulia Estimate for 178 West Main Street is $935,900.