117 Water Street, Stonington, CT 06378
New London County
Key Facts
Description
Ocean House is an eleven unit, mixed use, historic property and the cornerstone of Stonington Borough's commercial Village District. Each of the fully occupied, fully renovated, seven residential suites features a fully applianced kitchen and private laundry. Each of the four occupied commercial spaces offer off-the-sidewalk entry and glass bay storefronts. Upside includes unfinished, full attic with panoramic, three state water views, and a garage and driveway, presently used for storage. Excellent cap 7.21. Stonington Borough is a quaint penninsula of colonial and victorian homes on cobblestone and slate fronted sidewalks, magnificent views of Long Island Sound and Napatree Point. Walk, boat, shop, play, outside your front door. Owner financing considered.
Property Information
Property Type
Commercial Sale
Year Built
1850
Stories
4
Living Area
12,145 sq ft
Lot Size
0.12 acres
Parking Spaces
3
Zoning
PC
Days on Market
119
MLS® Listing#
24148334
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$12,200
Parcel Number
2075135
Directions
Water St. to Church St. on right
Affordability Calculator
$850,000
Estimated monthly payment
$22,620/mo
Principal $3,400,000 · Est. interest $4,743,303 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Stonington, CT
- $1,000,000
- Median Listing Price
- 70
- Median Days on Market
- 2,218
- Median Sq Ft
- $447
- Median Price / Sq Ft
- 72
- Active Listings
- This home’s price is 325% above the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Stonington, CT.
Location
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Points of Interest in Stonington, CT
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 9 School (4 and 6 School Place)(Mystic) Street, Stonington, CT | $3,500,000 | 12 | 6 | 1,658 |
| 455 Stonington Road, Stonington, CT | $3,595,000 | 7 | 6 | 11,726 |
| 259 North Main Street, Stonington, CT | $3,595,000 | 7 | 7 | 7,060 |
| Clarks Falls, North Stonington, CT | $3,850,000 | — | — | — |
| 117 Water Street, Stonington, CT | $4,250,000 | 10 | 7 | 12,145 |
| 152 Whitehall Avenue, Stonington, CT | $4,350,000 | 4 | 6 | 7,000 |
Moving Cost Estimate
EXIT Agents in Stonington
Listing Courtesy: Lori Hopkins-Cavanagh Broker - (860) 449-2007
Presented by: Lori Hopkins-Cavanagh