Discover a truly rare, multigenerational compound in East Lyme, situated on a sprawling 2.37-acre retreat along the scenic Latimer Brook. A configuration like this is virtually impossible to recreate, making it a once-in-a-lifetime opportunity for a family compound, investment property, or a peaceful private sanctuary. The property features a spacious 2,252-square-foot main house originally built in 1900, with 4 bedrooms, 3 full baths, and expanded as recently as 2004. Steps away sits a fully detached, 1,134-square-foot guest cottage/in-law ranch featuring 1 bedroom and 1 bath, boasting an effective build year of 2018 following a complete, top-to-bottom renovation. Adding immense value is a massive, versatile outbuilding complete with a workshop and garage space, perfect for entrepreneurs, hobbyists, or a home occupation. The expansive grounds, already featuring a chicken coop, a vegetable garden, established apple and pear trees, blueberry bushes, and raspberries, offer fantastic potential for a small homestead or hobby farm. Outside, the park-like acreage offers unparalleled tranquility, filled with the gentle, distant sounds of the active Silver Falls. Enjoy ultimate privacy with room to breathe, all while remaining minutes from East Lyme's coastal amenities, highways, and top-rated schools. Whether looking to house multiple generations separately, offset your mortgage with rental income, or find workspace to cultivate your passion, this unique country compound delivers.