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For sale
  • $3,795,000

    88 Water St, Stonington, CT 06378

    4beds
    3,421sqft
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    Residential, Single Family Residence
    Built in 1840
    6,098 Square Feet Lot
    $3,637,600 Zestimate®
    $1,109/sqft
    $-- HOA

    What's special

    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. The uppermost level offers a particularly versatile arrangement: a private guest retreat complete with its own sitting area, kitchenette, bedroom, and bath. Whether used for visiting guests, extended family, or a creative workspace overlooking the water, the space functions almost as a residence within the home. Outdoors, the property embraces its waterfront setting. Terraces and covered outdoor areas extend the living spaces into the fresh coastal air, creating natural places to dine, gather, or simply watch the harbor activity unfold. A private dock allows direct access to the water, making boating, kayaking, and paddleboarding part of everyday life. The property also includes a detached garage and off-street parking, an uncommon convenience in the historic Borough. Perhaps most remarkable is the home's location along Water Street, the village's iconic waterfront corridor. From the front door, it is an easy walk to the restaurants, cafés, galleries, and boutiques that give Stonington Borough its distinctive character. The harbor lighthouse, duBois Beach, and the town docks are all just moments away, creating a lifestyle defined by walkability, coastal scenery, and an enduring sense of place. In Stonington Borough, homes are not simply addresses... they become part of the village's long maritime story. At 88 Water Street, that story continues at the water's edge.
    123 days
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    1,312
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    37
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    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Malloy 203-921-9987,

    Serhant Connecticut LLC

    Source: Greenwich MLS, Inc.,MLS#: 124505MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Hydro-Air, Propane
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • In-Law Floorplan, Kitchen Island, Sep Shower, Pantry, Back Stairs, Central Vacuum
      • Basement: Full,Unfinished
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 3,421
      • Total interior livable area: 3,421 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Patio & porch: Terrace
      • Exterior features: Outdoor Shower, Dock
      • Fencing: Fenced
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Deep Water, Waterfront
      Lot
      • Size: 6,098 Square Feet
      • Features: Level
      Details
      • Parcel number: 2081662
      • Zoning: OT - Out of Town

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Residential, Single Family Residence
      Materials
      • Fiber Cement, Vinyl Siding
      • Roof: Asphalt
      Condition
      • Year built: 1840
      • Major remodel year: 2022

      Utilities & green energy

      • Water: Public
      • Utilities for property: Propane

      Community & HOA

      Location
      • Region: Stonington

      Financial & listing details

      • Price per square foot: $1,109/sqft
      • Tax assessed value: $1,513,000
      • Annual tax amount: $30,780
      • Date on market: 3/18/2026
      • Inclusions: Washer/Dryer, All Kitchen Applncs

        Estimated market value

        $3,637,600

        $3.46M - $3.82M

        $7,731/mo

        Price history

        DateEventPrice
        3/17/2026Listed for sale$3,795,000+1.2%$1,109/sqft
        Source: Smart MLS #24159613 Report a problem
        1/15/2026Listing removed$3,750,000$1,096/sqft
        Source: Smart MLS #24102555 Report a problem
        9/9/2025Listed for sale$3,750,000$1,096/sqft
        Source: Smart MLS #24102555 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$30,780 +4.3%$1,513,000
        2024$29,504 -0.8%$1,513,000
        2023$29,730 +1.7%$1,513,000 +38%
        2022$29,227 +4.5%$1,096,300 +5.3%
        2021$27,959 +0.7%$1,041,300 -1.1%
        2020$27,752 $1,052,800
        2019$27,752 +3%$1,052,800
        2018$26,931 -3.7%$1,052,800 -2.8%
        2017$27,971 -4.8%$1,082,900 -7.4%
        2016$29,366 +4.5%$1,169,500
        2015$28,091 $1,169,500
        Find assessor info on the county website

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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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        Climate risks

        Neighborhood: 06378

        Getting around

        45 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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