Life is good at the beach! A wonderful opportunity awaits you at 40 Portland Avenue. This property is comprised of 2 separate year-round dwellings. Get ready to enjoy idyllic summer days as a family compound or collect rental income from one or both! The main house is comprised of 5 bedrooms, 2 kitchens and 2 baths. Currently this home possesses the flexibility to be used as a single family or two separate units. Your front door opens into a versatile enclosed sunporch leading to a bright LR, DR and kitchen w an additional side entrance and a tiled bath with shower. Head upstairs to 3 charming bedrooms with closets. A separate access leads you to the quaint 2 BR, LR, bath w shower and kitchen unit. Dwelling 2 is an adorable bungalow with a sun-filled enclosed porch, hardwoods, 2 BR, office/storage room, spacious LR and kitchen with attached mudroom. The property boasts 2 separate on site parking areas for you and your guests. You'll be happy to take advantage of the outdoor shower after some sandy good times at Sound View Beach - just a short stroll away! Join the optional Association (only $60!) and partake in all the fun with scheduled entertainment and events. Vacation at home year round and embrace the wonderful restaurants, shopping and activities that make shoreline living in Old Lyme so special!