Cozy Nest Cottages in East Lyme, CT - Unique Shoreline Opportunity!
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Cozy Nest Cottages | 23 River Road, East Lyme, CT
Offering Price: $1,100,000
Important Showing Requirement:
All prospective buyers must submit a Letter of Intent (LOI) reflecting the asking price, along with Proof of Funds (POF) or financing outline (cash, mixed-use financing, or private capital) prior to any approved showing.
No low-ball offers will be considered.
Cozy Nest Cottages presents a rare shoreline investment and lifestyle opportunity in East Lyme. Situated on an acre-plus parcel with water views and deeded access to the Niantic River, this unique compound offers both immediate income potential and long-term upside.
The main residence, renovated in 2007, is a year-round 3-bedroom, 2-bath home featuring water views, a flexible layout, generator hookup, two-car garage, and additional storage. The property also includes a mooring and private access to the river.
Complementing the main home are seven standalone cottages (approximately 240–600 SF each), designed in a coastal “cottage beach” style. The unit mix includes:
One-bedroom cottages with open kitchen/living layouts
Studio units with lofts
Larger open-concept studio cottages
Six cottages feature porches, four are heated for extended seasonal use, and each unit includes a full bathroom.
Income Potential (Pro Forma):
Main Home: ~$3,500/month
Cottages: ~$90,000 – $95,000 annually
Total Potential Income: ~$130-140K annually (and trending upward, if main home rented)
Short-term rental demand supports use cases including vacation stays, traveling professionals, group rentals, and event overflow (weddings, seasonal tourism, etc.), with strong upside through platforms such as Airbnb and VRBO.
Additional Highlights:
Lodging license in place
No flood insurance currently required
Close proximity to Niantic River and Oswegatchie Hills Nature Preserve
Minutes to I-95 and I-395
Quiet, tucked-away setting with strong rental appeal
Showing Instructions:
Owner-occupied. Showings are not daily or on-demand. All tours require minimum 24-hour notice and seller approval, and will only be scheduled after receipt and review of LOI and POF.
Disclaimer:
Rental income, occupancy, and pricing are seasonally variable and subject to change. Buyers should rely on the most current financials provided at the time of LOI submission.
Offering Price: $1,100,000
Important Showing Requirement:
All prospective buyers must submit a Letter of Intent (LOI) reflecting the asking price, along with Proof of Funds (POF) or financing outline (cash, mixed-use financing, or private capital) prior to any approved showing.
No low-ball offers will be considered.
Cozy Nest Cottages presents a rare shoreline investment and lifestyle opportunity in East Lyme. Situated on an acre-plus parcel with water views and deeded access to the Niantic River, this unique compound offers both immediate income potential and long-term upside.
The main residence, renovated in 2007, is a year-round 3-bedroom, 2-bath home featuring water views, a flexible layout, generator hookup, two-car garage, and additional storage. The property also includes a mooring and private access to the river.
Complementing the main home are seven standalone cottages (approximately 240–600 SF each), designed in a coastal “cottage beach” style. The unit mix includes:
One-bedroom cottages with open kitchen/living layouts
Studio units with lofts
Larger open-concept studio cottages
Six cottages feature porches, four are heated for extended seasonal use, and each unit includes a full bathroom.
Income Potential (Pro Forma):
Main Home: ~$3,500/month
Cottages: ~$90,000 – $95,000 annually
Total Potential Income: ~$130-140K annually (and trending upward, if main home rented)
Short-term rental demand supports use cases including vacation stays, traveling professionals, group rentals, and event overflow (weddings, seasonal tourism, etc.), with strong upside through platforms such as Airbnb and VRBO.
Additional Highlights:
Lodging license in place
No flood insurance currently required
Close proximity to Niantic River and Oswegatchie Hills Nature Preserve
Minutes to I-95 and I-395
Quiet, tucked-away setting with strong rental appeal
Showing Instructions:
Owner-occupied. Showings are not daily or on-demand. All tours require minimum 24-hour notice and seller approval, and will only be scheduled after receipt and review of LOI and POF.
Disclaimer:
Rental income, occupancy, and pricing are seasonally variable and subject to change. Buyers should rely on the most current financials provided at the time of LOI submission.
About the Property
- Type
- Multi-Family
- Building Status
- Established
- Facilities & Assets
- It features a versatile 3-bedroom, 2-full-bath floor plan, a two-car garage, storage, and a shed. Situated on an acre-plus parcel, the property includes seven cottages ranging from 240 to 600 sq ft. These cottages feature one-bedroom units with open kitchen-family room styles, studios with lofts, and larger open-concept studios. Six cottages have porches, and three are seasonal, all showcasing a unique "cottage beach style" with one bathroom per cottage.
- Current and Prior Use
- Seasonal summer cottages, rental properties
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Current Property Expenses
- $36,512
Listing Info
- ID:
- 2265461
- Listing Views:
- 7488
Attached DocumentsAttachment Disclaimer
Listing ID: 2265461 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
