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$492,972

Listing Price

1beds

1baths

821sqft

20,909sqft lot

488 Lake Dr, Guilford, CT 06437

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

600.45

Price / sqft

1937

Year built

Home Details

Incredible opportunity to own a direct lakefront property. Built in 1937 and well-cared for through the years, this 1 Bedroom, 1 Bath home situated on a generous .48 acre lot has sweeping views and over 100' of beach/lake frontage with a private dock. Lake Quonnipaug is an angler's paradise; a serene 98-acre, spring-fed lake regularly stocked with trout by the CT DEEP, alongside thriving large-mouth bass, yellow perch, and chain pickerel. Perfect conditions for seamless kayaking, paddle boarding, swimming, and boating right from your backyard. Need something a little quieter to do? Enjoy quiet mornings observing resident herons, egrets, swans, ducks, and geese. Directly across sits the sandy Lake Quonnipaug Town Beach. Also just minutes from premier hiking at Bluff Head Trailhead and the scenic Guilford Lakes golf course. There is endless potential; use it immediately as a cozy summer getaway, a lucrative rental, or build your ultimate custom lakefront estate. Newer roof, split units, appliances. Includes 1 car-detached garaged and a sweet little shed across the bridge over the stream all on your own property. So many memories and fun to be made right here!

Interior Details

Square Feet
  • 821

Bedrooms
  • 1

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Space

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 20909

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$5,882

$166,020

$16,020

--%

$182,040

2019

$5,831

$166,020

$16,020

--%

$182,040

2018

$5,694

$166,020

$16,020

--%

$182,040

2017

$5,711

$170,230

$24,280

--%

$194,510

2016

$5,577

$170,230

$24,280

--%

$194,510

2014

$5,333

$170,230

$24,280

--%

$194,510

2011

$5,289

$189,140

$40,210

--%

$229,350

percent-home-icon

Average Home Price in 06437

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$492,972

1 Beds

1 Baths

821 Sqft

20,909 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
492,972
$
Down payment
98,594.40
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,957.83
$
HOA (Monthly)
0
$
PMI
0
$
$3,191
Your Payment
Total Monthly Payment:$3,191
Percent of Income:55%
Affordable:No

Details for 488 LAKE DR

Property Debt

Foreclosure Contact Details

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