Location, Location, Location. Mystic gem on one of Mystic's most iconic streets known on Park Place. This historic home was built as the "John Prentice" home in 1853 and is an original homestead in the Mystic community. This property was enjoyed by the same owners for past several decades. Now it is the time to create a new chapter for this legendary homestead. The main entrance to the home features decorative staircase to the upper level that includes full bath and bedroom with kitchen in the rear of the building. This pristine destination enjoys coastal access to the Mystic River only a stone's throw from your front doorway where you can wheel your kayak to the boat launch. Park Place savors quiet enjoyment and privacy on this dead end street which opens to expansive water views and a boat launch for recreational activities. Nautical adventures await you up and down the magical river including those from the Mystic Seaport's annual antique wooden boat show and holiday lighted boat parade. There are two homes on this parcel inclusive of the 2 family home and the stand alone guest cottage with its own entrance way and driveway. Water views and close proximity to Downtown Mystic make this home a treasure where you can enjoy all the amenities offered in the Mystic community. The stand alone cottage is ideal for visiting guests or revenue opportunity. The rear of the property is bordered with a three car garage with automatic opener. ESTATE SALE, NO DISCLOSURES.
Sold for $1,152,500
$1,152,500
5 Park Place, Groton, CT 06355
4beds
2,335sqft
Single Family Residence
Built in 1853
0.31 Acres Lot
$1,618,200 Zestimate®
$494/sqft
$4,438 Estimated rent
Home value
$1,618,200
$1.41M - $1.89M
$4,438/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Bill F. Turner 860-501-5453,
Berkshire Hathaway NE Prop. 860-536-4906
Bought with:
Geoff Gordon, RES.0806562
Compass Connecticut, LLC
Source: Smart MLS,MLS#: 170578104
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Features: Hardwood Floor
- Level: Main
- Area: 135 Square Feet
- Dimensions: 10 x 13.5
Bedroom
- Features: Hardwood Floor
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Features: Hardwood Floor
- Level: Main
- Area: 151.13 Square Feet
- Dimensions: 9.75 x 15.5
Bedroom
- Features: Wall/Wall Carpet
- Level: Upper
- Area: 149.5 Square Feet
- Dimensions: 13 x 11.5
Dining room
- Features: Wall/Wall Carpet
- Level: Upper
- Area: 120.75 Square Feet
- Dimensions: 11.5 x 10.5
Kitchen
- Features: Laundry Hookup, Vinyl Floor
- Level: Main
- Area: 282.75 Square Feet
- Dimensions: 19.5 x 14.5
Kitchen
- Features: Vinyl Floor
- Level: Upper
- Area: 145 Square Feet
- Dimensions: 10 x 14.5
Living room
- Features: Hardwood Floor
- Level: Main
- Area: 253.75 Square Feet
- Dimensions: 14.5 x 17.5
Living room
- Features: Wall/Wall Carpet
- Level: Upper
- Area: 266.5 Square Feet
- Dimensions: 13 x 20.5
Other
- Features: Walk-In Closet(s), Wall/Wall Carpet
- Level: Upper
- Area: 90 Square Feet
- Dimensions: 7.5 x 12
Heating
- Baseboard, Oil
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator, Water Heater
- Laundry: Main Level, Upper Level
Features
- Basement: Full,Crawl Space,Concrete,Storage Space
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 2,335
- Total interior livable area: 2,335 sqft
- Finished area above ground: 2,335
Property
Parking
- Total spaces: 3
- Parking features: Detached, Paved, Asphalt
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Exterior features: Breezeway, Rain Gutters
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Water Community, Walk to Water
Lot
- Size: 0.31 Acres
- Features: Historic District, Open Lot, Dry, Cleared, Level, In Flood Zone
Details
- Additional structures: Guest House
- Parcel number: 1960677
- Zoning: RS-12
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Georgian Colonial
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1853
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Golf, Health Club, Library, Medical Facilities, Park, Private School(s), Shopping/Mall
- Subdivision: Mystic
HOA
- Has HOA: No
Location
- Region: Mystic
Financial & listing details
- Price per square foot: $494/sqft
- Tax assessed value: $631,400
- Annual tax amount: $15,347
- Date on market: 11/17/2023
Price history
| Date | Event | Price |
|---|---|---|
| 1/1/2026 | Listing removed | $1,775,000$760/sqft |
Source:  Smart MLS #24119459 Report a problem | ||
| 10/8/2025 | Price change | $1,775,000-2.5%$760/sqft |
Source: Smart MLS #24119459 Report a problem | ||
| 8/22/2025 | Listed for sale | $1,820,000+57.9%$779/sqft |
Source: Smart MLS #24119459 Report a problem | ||
| 11/15/2023 | Sold | $1,152,500-23.2%$494/sqft |
Source: Smart MLS #170578104 Report a problem | ||
| 10/17/2023 | Contingent | $1,500,000$642/sqft |
Source: Smart MLS #170578104 Report a problem | ||
| 9/28/2023 | Listed for sale | $1,500,000$642/sqft |
Source: Smart MLS #170578104 Report a problem | ||
| 6/27/2023 | Pending sale | $1,500,000$642/sqft |
Source:  Berkshire Hathaway HomeServices New England Properties #170578104 Report a problem | ||
| 6/27/2023 | Contingent | $1,500,000$642/sqft |
Source: Smart MLS #170578104 Report a problem | ||
| 6/23/2023 | Listed for sale | $1,500,000$642/sqft |
Source: Smart MLS #170578104 Report a problem | ||
| 1/23/2018 | Listing removed | $1,400$1/sqft |
Source: Mystic #170039906 Report a problem | ||
| 12/28/2017 | Listed for rent | $1,400$1/sqft |
Source: Mystic #170039906 Report a problem | ||
| 3/31/2017 | Listing removed | $1,400$1/sqft |
Source: Mystic #E10201164 Report a problem | ||
| 3/27/2017 | Listed for rent | $1,400+27.3%$1/sqft |
Source: Mystic #E10201164 Report a problem | ||
| 6/27/2014 | Listing removed | $1,100 |
Source: RE/MAX Coast and Country #E276985 Report a problem | ||
| 6/12/2014 | Listed for rent | $1,100 |
Source: RE/MAX Coast and Country #E276985 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,358 +8.7% | $637,700 +1% |
| 2024 | $15,966 +4% | $631,400 |
| 2023 | $15,347 +2.2% | $631,400 |
| 2022 | $15,011 -3.9% | $631,400 +13.9% |
| 2021 | $15,619 +0.8% | $554,470 |
| 2020 | $15,492 +4.5% | $554,470 |
| 2019 | $14,821 +1.2% | $554,470 |
| 2018 | $14,644 +1.9% | $554,470 |
| 2017 | $14,372 +41.9% | $554,470 +31.6% |
| 2016 | $10,125 +3.4% | $421,190 |
| 2015 | $9,788 +2.4% | $421,190 |
| 2014 | $9,557 -0.8% | $421,190 |
| 2013 | $9,637 +2.7% | $421,190 |
| 2012 | $9,380 -7.4% | $421,190 -13.4% |
| 2011 | $10,131 +1.9% | $486,360 |
| 2010 | $9,946 +2.7% | $486,360 |
| 2009 | $9,683 +4.2% | $486,360 |
| 2008 | $9,292 +17.5% | -- |
| 2006 | $7,906 +4.8% | $328,720 |
| 2005 | $7,544 +1.5% | $328,720 |
| 2004 | $7,436 -0.6% | $328,720 |
| 2003 | $7,478 +57.6% | $328,720 +90.2% |
| 2001 | $4,744 -10% | $172,830 +2.2% |
| 2000 | $5,270 +0.4% | $169,190 -1.7% |
| 1996 | $5,250 | $172,130 |
Find assessor info on the county website
Neighborhood: 06355
Nearby homes
- $--2 bd3 ba1.6k sqft41 Park Ave, Mystic, CT 06355Off Market
- $372,5002 bd1 ba968 sqft5 1/2 Park Pl, Mystic, CT 06355Off Market
- $1,121,9003 bd2 ba1.6k sqft7 Park Pl, Groton, CT 06355Off Market
- $708,6002 bd3 ba1.8k sqft31 Park Ave, Mystic, CT 06355Off Market
- $1,041,0003 bd4 ba2.8k sqft3 Park Pl, Groton, CT 06355Off Market
- $817,8003 bd2 ba2.3k sqft25 Park Ave, Mystic, CT 06355Off Market
- $1,358,0003 bd3 ba2.2k sqft9 Park Pl, Groton, CT 06355Off Market
- $1,121,3004 bd3 ba2.4k sqft9 Park Pl, Mystic, CT 06355Off Market
Nearby schools
GreatSchools rating
- 7/10Northeast Academy Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 5/10Groton Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Fitch Senior High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: S. B. Butler
- High: Fitch Senior
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Connecticut
- New London County
- Groton
- 06355
- 5 Park Place
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