For sale

Price cut: $245K (5/9)

$4,250,000

117 Water Street, Stonington, CT 06378

10beds

12,145sqft

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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.

180 days

420

20

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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: $599,700
Annual tax amount: $12,200
Date on market: 1/14/2026
Exclusions: Personal art and select furnishings.

Estimated market value

Not available

Estimated sales range

Not available

Price history

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

Public tax history

Tax history is unavailable.

Monthly payment

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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