This 832 sq ft ranch is a rare opportunity for those looking to invest in a property with tremendous potential in the desirable town of Old Lyme. Situated on a peaceful LARGE 1.01-acre lot, this home features 2 bedrooms and provides the perfect canvas for a creative renovation or rebuild. While it's in need of substantial work, the possibilities are endless for those ready to put in the effort and make it their own. The property is being sold as-is, where-is, with no repairs or concessions from the seller. The real value lies in its prime location offering easy access to all that Old Lyme has to offer. Whether you're looking to restore this home to its former glory or start fresh, this is a fantastic opportunity to create your dream property in a highly desirable town. With its spacious lot and great location, this home is an ideal project for those looking to build equity and enjoy the charm and convenience of Old Lyme. Don't miss your chance to own a piece of this beautiful community. Exterior viewing only, interior of property is not accessible at this time. Interior viewings to begin Thursday 2/13. Some contents may remain. More pics to follow.