88 Water Street - Stonington, CT

$3,795,000

Beds

5.00

Baths

3,421

SqFt

0.14

Acres

Pricing Insight: Originally listed for $3,795,000, the price has remained unchanged for approximately 134 days. This property has been on the market for approximately 134 days. MLS reports 133 Days on Market (DOM) before it went under contract.

88 Water Street, Stonington, CT is a 4-bed, 5-bath, 3,421 square foot home built in 1840 , featuring colonial architecture.

This home is within the Stonington school district. Local, with nearby schools including Deans Mill.

MLS #: 24159613

Offered Price: $3,795,000

Residence Type: Single Family

Architectural Style: Colonial

Living Area: 3,421 Sq. Ft.

Lot Size: 0.14 Acres

Neighborhood: Stonington Borough

County: New London

Year Built: 1840

Design & Construction: Frame

Heating: Hydro Air

Cooling: Central Air

Garage Spaces: 1

Price per Sq Ft as listed: $1,109

Estimated Tax: $30,780

Days on Market: 133

$2,750,000

3 Beds · 3 Baths · 2,619 Sq Ft

92 Water Street, Stonington

$2,850

1 Beds · 1 Baths · 1,050 Sq Ft

117-119 Water Street, Stonington

$3,700

2 Beds · 1 Baths · 950 Sq Ft

117-119 Water Street, Stonington

$73,000

0 Beds · 0 Baths · 50 Sq Ft

4 Northwest Street, Stonington

$60,000

0 Beds · 0 Baths · 50 Sq Ft

4 Northwest Street, Stonington

$1,800

1 Beds · 1 Baths · 880 Sq Ft

64 Main Street, Stonington

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Propane

Fuel Type: Hydro Air

Fuel Tank Location: Above Ground

Cooling System: Central Air

Hot Water System: Propane, Domestic

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $1,109 / Sq. Ft.

Tax assessed value: $1,513,000

Estimated Tax: $30,780

Architectural Style: Colonial

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1840

Living Area: 3,421 Sq. Ft.

Lot Size: 0.14 Acres

Fuel: Propane

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in Stonington
Statistical modeling algorithms

Local Market Context

Active Listings: 97

Average Price: $1,240,663

Average DOM: 133 days

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At the edge of Stonington Harbor, where sailboats move slowly through the water and the village wakes each morning to the rhythm of the tide, 88 Water Street offers a rare opportunity to live directly within one of New England's most beloved coastal communities. This historic home dates to 1840, yet today it feels distinctly current following an extensive renovation completed in 2022. The result is a residence that respects its heritage while embracing the ease and openness expected of modern coastal living. Inside, more than 3,400 square feet of thoughtfully reimagined space unfold across multiple levels, with views of the harbor appearing at nearly every turn. The home's central living spaces flow naturally from one room to the next, creating an environment designed as much for relaxed daily life as it is for hosting friends and family. A spacious kitchen anchors the main level, centered around a generous island and complemented by casual gathering areas that invite conversation long after dinner ends. Nearby living and dining rooms retain the warmth and character expected in a home of this era, anchored by a traditional fireplace that brings a sense of intimacy to the space. Upstairs, the primary suite enjoys its own private outlook toward the water, with direct access to a deck that feels perfectly suited for quiet mornings overlooking the harbor. Additional bedrooms provide comfortable accommodations for family and guests.

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain • 0.1 acres

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

97

Homes For Sale

$1,240,663

Average List Price

Mechanicals & Utilities: Hydro Air • Propane • Central Air • Public Water Connected water • 2 fireplaces

Exterior Features

Exterior Construction: Vinyl Siding,Hardie Board

Roof Type: Asphalt Shingle

Foundation: Concrete

Garage: Detached Garage,Off Street Parking (1 car)

Parking: 3 Total

Patio/Deck: Balcony,Covered Deck

Utilities: Water: Public Water Connected

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Stonington • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

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(203) 675-3399

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88 Water Street, Stonington, Connecticut

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