55 Otter Cove Drive, Old Saybrook (Otter Cove), CT, 06475 | $1,475,000

Welcome to 55 Otter Cove Dr, a charming New England residence that offers an unparalleled multi-generational living experience in the prestigious Otter Cove Estates. This exquisite home, located in a serene community with private beach access to the Connecticut River, is more than just a house-it's a lifestyle. Property Features: 5 Beds, 4 Baths, 4, 792 SqFt on 2. 4 Acres with Water Views of the CT River, private beach access, in-ground heated pool/spa, and full in-law/au pair apartment. Step through the carved wood entry doors and admire the high-quality construction and attention to detail. The spacious open floor plan, features an expansive living room with a marble gas fireplace and cozy window seat, elegant dining room for hosting gatherings, and gourmet kitchen equipped with commercial-grade appliances, custom cabinetry, and a Butler's pantry. The luxurious primary suite offers ample space and modern amenities, while the large in-law/au pair apartment is perfect for extended family or guests. The spacious backyard offers breathtaking Connecticut River views and features an in-ground heated pool and spa, perfect for relaxation and entertaining. The picturesque 2. 4-acre lot provides ample space for outdoor activities, with peaceful tree-lined walks and private access to the CT River. This home is thoughtfully designed for multi-generational living, making it an ideal choice for creating lasting memories. Don't miss the opportunity to own this beautiful home. This home was lovingly and completely renovated in 2014-2016. The pool was also completed renovated with new plaster, tile, coping, skimmer, filter, heater, and more in 2017. The District of Otter Cove, a peaceful and serene area of lovely homes located on over 200 acres along the Connecticut River, enjoys an abundance of nature from the native plantings throughout, winding country lanes, spring-fed ponds, walking trails around Turtle Creek Preserve, the private association beach on the Connecticut River and a variety of wildlife and birds including Osprey and Eagles. Minutes from both Essex and Old Saybrook downtowns. Convenient to get to RT 9 and I-95 for quick access to Boston and NYC.

Features

  • Town: Old Saybrook
  • Rooms: 9
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: Lower Level,Main Level
  • Style: Split Level
  • Year Built: 1979
  • Garage: 2-car Attached Garage,Under House Garage
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: Full,Heated,Storage,Cooled,Interior Access,Liveable Space,Full With Walk-Out
  • Above Grade Approx. Sq. Feet: 4,792
  • Acreage: 2.4
  • Est. Taxes: $12,564
  • HOA Fee: $505 Annually
  • Lot Desc: Fence - Partial,In Subdivision,Lightly Wooded,Professionally Landscaped,Water View
  • Elem. School: Kathleen E. Goodwin
  • Middle School: Old Saybrook
  • High School: Old Saybrook
  • Pool: Gunite,Heated,In Ground Pool
  • Appliances: Gas Cooktop,Electric Range,Wall Oven,Microwave,Range Hood,Refrigerator,Dishwasher,Disposal,Washer,Dryer,Wine Chiller
  • MLS#: 24026044
  • Days on Market: 137 days
  • Website: https://www.raveis.com
    /eprop/24026044/55ottercovedrive_oldsaybrook_ct?source=qrflyer
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Listing courtesy of Coldwell Banker Realty

Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Hardwood Floor14.0 x 14.0Main
Bedroom 2 Hardwood Floor12.0 x 14.0Main
Bedroom 3 Wall/Wall CarpetLower
Dining Room 9 ft+ Ceilings,Cathedral Ceiling,Hardwood Floor,Wide Board FloorMain
Dining Room Wall/Wall CarpetLower
Full Bath Remodeled,Granite Counters,Double-Sink,Tub w/Shower,Tile FloorMain
Full Bath Remodeled,Granite Counters,Full Bath,Stall Shower,Tile FloorLower
Kitchen Balcony/Deck,Granite Counters,Double-Sink,Island,Pantry,Hardwood Floor22.0 x 36.0Main
Kitchen Remodeled,Granite Counters,Island,Engineered Wood FloorLower
Living Room Remodeled,Bay/Bow Window,Cathedral Ceiling,Gas Log Fireplace,Hardwood Floor,Wide Board Floor15.0 x 20.0Main
Living Room Remodeled,Gas Log Fireplace,Wall/Wall CarpetLower
Primary Bath Built-Ins,Quartz Counters,Double-Sink,Full Bath,Stall Shower,Tile FloorMain
Primary Bath Remodeled,Full Bath,Stall Shower,Tile FloorLower
Primary BR Suite Remodeled,French Doors,Full Bath,Walk-In Closet,Wall/Wall Carpet15.0 x 20.0Main
Primary BR Suite Remodeled,Bedroom Suite,Full Bath,Patio/Terrace,Sliders,Wall/Wall CarpetLower

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

55 Otter Cove Drive, Old Saybrook (Otter Cove), CT, 06475

$1,475,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,180,000 $1,180,000 $1,180,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,047 $1,047 $1,047
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,793 $7,458 $9,958
Total Monthly Payment $7,965 $8,630 $11,130

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.