Cozy Nest Cottages: Waterfront Property with 7 Cottages in East Lyme, CT

Cozy Nest Cottages

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Financial Details

Asking Price:
$950,000
Annual Revenue:
$77,537
Cash Flow / SDE:
$37,149
Profit Metric:
NOI
Valuation Multiple:
25.6x
Location:
East Lyme, CT, US
Source:
Date:
September 15, 2025

Key Highlights

Unique shoreline opportunity with water views and river access.
Includes a primary residence and seven income-generating cottages.
High rental income potential via platforms like Airbnb and VRBO.

Description

Cozy Nest Cottages presents a unique shoreline opportunity in East Lyme, CT, ideal for owner-occupants or investors. This property features a charming, remodeled main home with water views, deeded access to the Niantic River, a mooring, and a generator hookup. The main residence offers a versatile 3-bedroom, 2-bathroom layout, a two-car garage, and ample storage. The expansive acre-plus parcel also hosts seven distinct cottages, ranging from 240 to 600 sq ft, including studios and one-bedroom units, each with a unique 'cottage beach style'. Six cottages boast porches, and three are seasonal. With significant rental income potential from platforms like Airbnb and VRBO, estimated between $60,000 - $75,000 annually for the cottages alone, plus $3,500/month for the main home, this property offers substantial financial upside. The listing includes a lodging license, no flood insurance requirement, and is conveniently located near the Niantic River, Oswegatchie Hills Nature Preserve, and major highways (I-95/I-395). Enjoy breathtaking sunset and river views from this tranquil enclave.

Industry Information

Industry Description:
Travel
Classification:
Travel

Real Estate & Lease

Status:
Included

Broker Contact

Name:
Lisa Cozzi Tyler DeVecchis
Company:
Century 21 All Points/The Lisa Cozzi Team
Phone:
860-773-9443

Listing Details

Listing ID:
76b87929-e44e-4c18-8305-347091b55933
Source Listing ID:
Ad#:2265461
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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