Distinctive waterfront residence with 165' frontage on the Lieutenant river. Originally built in 1931, it was then expanded and updated in 1993 by architect Paul B. Bailey. The first-floor offers a great flow for entertaining, with 3 large adjoining rooms with double pocket doors. There is also a cozy den off the foyer, and a private office with river views. The 2-story addition adds a sun-filled family room with wide water views, and a private master bedroom suite. The expanded chef's kitchen includes professional appliances and several work areas. An elevator services three floors. Upstairs, three additional bedrooms have private baths and one offers a balcony overlooking the river. There is also a second-floor office with built-in cabinetry overlooking the back yard. Stairs lead to the third-floor attic, with cedar closets. There is a workshop in the lower level as well as a heated workshop room in the garage. The home offers a unique waterfront lifestyle and peaceful privacy while being steps to the village of Old Lyme. The inviting stone terrace overlooks the lawn, stone walls, and a deep-water dock, providing boat access to the CT river. This is an ideal setting for entertaining and relaxing while reveling in natures beauty, including spectacular sunsets. It is also a great commuter location, near I-95, Rte 9, and a nearby train station, with a 2.5-hr ride to NY or Boston. The house includes a home warranty for peace of mind, and does not require flood insurance.