2 Bailey Rd, Old Lyme, CT 06371
Property image
Property image
OFF MARKET

2 Bailey Rd
Old Lyme, CT 06371

  • 4 Beds
  • 3 Baths
  • 2,368 sqft (on 0.91 acres)

$586,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,885/mo*
Refinance Your Home

$586,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,885/mo*
Refinance Your Home
4 Beds
3 Baths
2,368 sqft
(on 0.91 acres)

Home Value

Trulia Estimate
$586K
Since last month
Increased$5K (+0.9%)
Since last year
Increased$25K (+4.4%)
Since last sale
Increased$186K (+46.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +109% in the last 10 years
MonthEstimated value
2026
August 2026$586K
July 2026$581K
June 2026$594K
May 2026$587K
April 2026$576K
March 2026$573K
February 2026$561K
January 2026$549K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
10 Old Colony Road, Old Lyme, CT
2.24
Multi-Family Home
$710,000
05/04/26
6
2
1,776
46 Maple Avenue, Old Saybrook, CT
3.14
Multi-Family Home
$530,000
12/05/25
4
2
3,190
53-55 Laurelwood Dr, Niantic, CT
4.57
Multi-Family Home
$500,000
04/15/26
4
3
2,210
53 Laurelwood Drive, Niantic, CT
4.57
Multi-Family Home
$500,000
04/14/26
4
3
2,210
7 Oak Tree Ln, Lyme, CT
4.92
Multi-Family Home
$650,000
12/22/25
4
3
3,006
143 Sandy Point Rd, Old Saybrook, CT
5.25
Multi-Family Home
$550,000
11/21/25
2
2.5
1,600
11 North Main Street, Essex, CT
5.39
Multi-Family Home
$1,150,000
07/16/26
4
4
3,036

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
6A Bailey, Old Lyme, CT 06371
0.03
$525,600
3
2
1,632
Off Market
12 Bailey Road, Old Lyme, CT 06371
0.07
$645,800
3
1.5
1,888
Off Market
10 Meadow Lane, Old Lyme, CT 06371
0.18
$360,000
4
2
1,632
Recently Sold
43 Johnny Cake Hill Road, Old Lyme, CT 06371
0.24
$808,200
3
3
2,802
Off Market
66 Shore Road, Old Lyme, CT 06371
0.29
$851,200
4
2.5
2,610
Off Market
9 Olivia Lane, Old Lyme, CT 06371
0.30
$946,300
3
2.5
2,958
Off Market
101 Shore Road, Old Lyme, CT 06371
0.29
$702,800
3
0.5
2,009
Off Market
6 Strawberry Lane, Old Lyme, CT 06371
0.39
$805,800
4
3
2,682
Off Market
111 Shore Road, Old Lyme, CT 06371
0.40
-
-
-
56,988
Off Market
51 Mile Creek Road, Old Lyme, CT 06371
0.45
$815,600
3
2
2,040
Off Market
25 Johnny Cake Hill Road, Old Lyme, CT 06371
0.47
$1,130,800
4
3.5
2,750
Off Market
13 Hefflon Farm Road, Old Lyme, CT 06371
0.44
$744,900
3
2.5
1,982
Off Market

Local Information

  • Map ViewExplore the area around 2 Bailey Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Lot Size
0.91 acres
Living Area
2,368 sqft
Price/Sqft
$248

About this House

RENEWED * RENOVATED * READY! This Old Farmhouse/Main house with Guest House addition has been totally redone. There isn't a piece of old plumbing left in the house! *New Well * New Septic * New Siding * New Furnaces * New Mechanicals* New Kitchens & Baths * Main house is graced by a wrap around porch that features recessed lighting and the guest house unit has a screened in cozy attached porch that looks out on the stream that meanders along the side boundary of the property. Some architectural features accent the interior with the arched windows, restored balusters, lighting and transoms. There are wood floors throughout, ceiling fans and a great walk up attic. Move In Ready! Large 24'X38' Barn on lot needs total overhaul or to be dismantled & reconstructed - offers many possibilities! Property is located within minutes to Smith Neck Rd town boat launch for canoeing and kayaking AND White Sands Beach for town residents.
2 Bailey Rd, Old Lyme, CT 06371 is a 4 bedroom, 4 bathroom, 2,368 sqft multi-family built in 1900. It last sold for $400,000 on Mar 17, 2021. It is currently off market. The Trulia Estimate is $586,300, with a rent estimate of $2,280/month.

Home Details for 2 Bailey Rd

Interior Features

Heating & Cooling
Heating: Forced Air, Propane ButaneHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 12
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other, VinylGardenPatioPorch

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 0.91 acres

Price and Tax history

DateEventPrice
Mar 17, 2021
Source: Smart MLS #170363100
Sold
$400,000
Jan 5, 2021
Source: Agent Provided
Listed For Sale
$399,000

Market trends in Old Lyme

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
35
1MoM

Around this home

What Locals Say about Old Lyme

At least 28 Trulia users voted on each feature.

  • 93 % Say yards are well-kept

  • 91 % Say there's wildlife

  • 88 % Say it's dog friendly

  • 87 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say car is needed

  • 79 % Say there's holiday spirit

  • 79 % Say people would walk alone at night

  • 71 % Say neighbors are friendly

  • 70 % Say kids play outside

  • 53 % Say they plan to stay for at least 5 years

  • 46 % Say there are community events

  • 32 % Say it's walkable to restaurants

  • 25 % Say streets are well-lit

  • 16 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Revmkjr
    "I work within 10 min walking distance to my place of employment. Most commute 30-50 min to work in the community."
    0
    Flag
  • Art Misiaszek
    "We have lived here for 23 years, Great neighborhood, safe and secure, private association with a diverse group of residents. Well maintained and good access to I 95, beaches and Route 9, I 395. One hour away 60 miles to each, Bradley or TF Green Airports. 2 hours drive or train to NYC or Boston. About 1 hour 20 minutes to Springfield, MA, 45 to 50 minutes to Hartford"
    0
    Flag
  • Jf2887
    "I've lived here for 10 years and love the town. Great schools and lots of respect for preserving open spaces. "
    8
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2 Bailey Rd

  • What is 2 Bailey Rd estimated to be worth?
    Trulia's estimated value for 2 Bailey Rd in Old Lyme, CT is $586,300.
  • What is the price history for 2 Bailey Rd?
    2 Bailey Rd in Old Lyme, CT last sold for $400,000 in March 2021.
  • Is Old Lyme a buyer's or seller's market?
    Old Lyme is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Old Lyme?
    Residents describe Old Lyme, CT as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Old Lyme, CT.

Explore by feature - Air Conditioning

16 rentals with air conditioning in Old Lyme, CT

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16 rentals with a washer/dryer in Old Lyme, CT

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Off Market Homes Near 2 Bailey Rd

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