Skip main navigation
For sale
    • $4,250,000

    117 Water Street, Stonington, CT 06378

    10beds
    12,145sqft
    : 
    $29,379/mo
    Get pre-qualified
    Multi Family
    Built in 1850
    -- sqft lot
    $-- Zestimate®
    $350/sqft
    $-- HOA

    What's special

    Garage and drivewayGlass bay storefrontsOff-the-sidewalk entrySeven residential suitesPrivate laundry
    Ocean House is an eleven unit, mixed use, historic property, comprised of seven residential suites and four commercial suites. The cornerstone of Stonington Borough's commercial Village District, each of the occupied, renovated residential suites features a fully applianced kitchen with dishwasher and a private laundry. Each of the four commercial spaces offer off-the-sidewalk entry and glass bay storefronts. Upside included unfinished, walk up attic with panoramic tri-state water views, and a garage and driveway, presently used by the landlord but in high demand as a rental. Excellent cap at 7.21. Stonington Borough is a quaint peninsula of colonial and Victorian homes on cobblestone and slate sidewalks, magnificent views of Long Island Sound and Napatree Point. Walk, shop, boat, swim, play outside your front door. Owner financing considered.
    254 days
    501
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Lori Hopkins-Cavanagh (860)449-2007,

    Lori Hopkins-Cavanagh Broker 860-443-4976

    Source: Smart MLS,MLS#: 24148701MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 7
      • Full bathrooms: 7
      Heating
      • Baseboard, Oil
      Cooling
      • Wall Unit(s), Window Unit(s)
      Appliances
      • Included: Water Heater
      • Laundry: In Unit
      Features
      • Windows: Thermopane Windows
      • Basement: Partial,Full
      • Attic: Floored,Walk-up
      • Has fireplace: No
      Interior area
      • Total structure area: 12,145
      • Total interior livable area: 12,145 sqft
      • Finished area above ground: 12,145
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Off Street, Driveway, Private
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Exterior Curb Cuts
      Features
      • Exterior features: Sidewalk, Awning(s), Rain Gutters, Lighting
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Walk to Water, Harbor, Access
      Lot
      • Size: 5,227 Square Feet
      • Features: Corner Lot, Level, Historic District, In Flood Zone
      Details
      • Parcel number: 2075135
      • Zoning: PC

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Units on different Floors
      • Property subtype: Multi Family
      Materials
      • Clapboard, Vinyl Siding
      • Foundation: Stone
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1850

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Windows

      Community & HOA

      Community
      • Features: Library, Playground, Public Rec Facilities
      • Subdivision: Stonington Village
      HOA
      • Has HOA: No
      Location
      • Region: Stonington

      Financial & listing details

      • Price per square foot: $350/sqft
      • Tax assessed value: $931,200
      • Annual tax amount: $20,198
      • Date on market: 1/14/2026
      • Exclusions: Personal art and select furnishings.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/9/2026Price change$4,250,000-5.5%$350/sqft
        Source: Smart MLS #24148701 Report a problem
        1/14/2026Listed for sale$4,495,000-9.2%$370/sqft
        Source: Smart MLS #24148701 Report a problem
        12/29/2025Listing removed$4,950,000$408/sqft
        Source: Smart MLS #24136756 Report a problem
        11/22/2025Listed for sale$4,950,000$408/sqft
        Source: Smart MLS #24136756 Report a problem
        3/12/2013Listing removed$895
        Source: Bradford & Company, REALTORS #E263570 Report a problem
        3/3/2013Price change$895+28.8%
        Source: Bradford & Company, REALTORS #E263570 Report a problem
        11/10/2012Listed for rent$695
        Source: Bradford & Company, REALTORS #E262271 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 06378

        Getting around

        46 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Stonington

        Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Stonington Topics

                Search
                Updates
                Favorites
                Plan
                Inbox