117 Water St

12,145 Sq. Ft.
$370 / Sq. Ft.
12,145
Sq. Ft.
$370
per Sq. Ft.

Description

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...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.
  1. Listed by Lori Hopkins-Cavanagh • Lori Hopkins-Cavanagh Broker
    P: (860)-449-2007 C: (860)-449-2007 realty@shoreviews.com

Property Details for 117 Water Street

Basement Description
Partial, Full
Direct Waterfront
No
Garages Number
1
Neighborhood
Stonington Village
Style
Units on different Floors
Garage Parking Info
Attached Garage, Off Street Parking, Driveway
Swimming Pool
No
LISTING UPDATED: 01/14/2026 04:35 PM

Property Details for 117 Water Street

StatusActive
MLS #24148701
Days on Market30
Taxes$12,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1850
Lot Size0.12 AC / 5,227 SF
CountyNew London County

Location

Listing Courtesy of Lori Hopkins-Cavanagh Broker, Lori Hopkins-Cavanagh
Add your commute

Building Information for 117 Water Street

Stories-Residences11Year Built1850Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$22,925 per month

30 year fixed, 6.15% Interest

Principal and Interest

$21,908

Property Taxes

$1,017

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 Water Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Water Street to Church Street. Properties on left at corner.
  • Elementary School: Per Board of Ed
  • Flood Zone: Yes
  • High School: Stonington
  • Intermediate School: Per Board of Ed
  • Latitude: 41.3342
  • Longitude: -71.906605
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Library, Playground/Tot Lot, Public Rec Facilities
  • State: Connecticut
Parking
  • Parking Total Spaces: 3
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $12,200
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Awnings, Gutters, Lighting
  • Waterfront Description: Walk to Water, Harbor, View, Access
Interior Features
  • Attic Description: Unfinished, Floored, Walk-up
  • Cooling System: Wall Unit, Window Unit
  • Heat Type: Baseboard
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: Washer/Dryer All Units
  • Laundry Room Location: 4 commercial suites do not have laundry
  • Rooms Total: 25
Room 5
  • Listing Key: 4845BAFE85576109E0631A01100A1A10
Property
Property and Assessments
  • Construction Description: Frame
  • Driveway Type: Private
  • Elevation Certificate: No
  • Exclusions: Personal art and select furnishings.
  • Exterior Siding: Clapboard, Vinyl Siding
  • Foundation Type: Stone
  • Fuel Tank Location: In Basement
  • Handicap Features: Exterior Curb Cuts
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1850
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: Public Records
  • Sq Ft Est Heated Below Grade: 0
  • Living Area SQFT Per Public Records: 0
Lot Information
  • Lot Description: Corner Lot, Level Lot, Historic District, Water View
  • Parcel Number: 2075135
  • Sq Ft Est Heated Above Grade: 12145.0
  • Sq Ft Total: 12145.0
  • Zoning: PC
Utilities
  • Energy Features: Thermopane Windows
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil, Domestic
  • Radon Mitigation Air: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 11
  • Total Rooms Multi Family: 25
Unit 1
  • Unit Appliances: Electric Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Average Sq Ft: 645
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 01-14-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 2
  • Unit Appliances: Electric Range,Microwave,Range Hood,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 01-14-2026
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 01-14-2026
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 01-14-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 5
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Modified Date: 01-14-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 6
  • Unit Appliances: Gas Range,Microwave,Range Hood,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 01-14-2026
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 7
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 01-14-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant

Property History for 117 Water Street

DateEvent & SourcePriceAppreciation
Aug 19, 2021

Closed (Public Record)

Public Record #1470614598

$895,000

+3.1% / yr

Jan 2, 1998

Closed (Public Record)

Public Record #92701054

$439,900—
DateEvent & SourcePrice
08/19/2021

Closed (Public Record)

Public Record #1470614598

$895,000

+3.1% / yr

01/02/1998

Closed (Public Record)

Public Record #92701054

$439,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117 Water Street

Taxable ValueLand$245,900Additions$353,800Total$599,700
Tax Record2024$12,200 ($1,017 / month)
Home Facts
Lot Size5,227 SqFtStyleMiscellaneous CommercialZoningPCCountyNEW LONDONAPNSTNG M:101 B:18 L:5

Schools near 117 Water Street

This home is within Stonington School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 4
Rating
School
Distance
Deans Mill School
PublicPK to 5

Stonington Middle School
Public6 to 8

Stonington High School
Public9 to 12

West Broad Street School
Public3 to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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117 Water Street is a multi-family home for sale in Stonington, CT 06378. This property was listed for sale on January 14, 2026 by Lori Hopkins-Cavanagh Broker, it's currently listed at $4,495,000. It has been on the market for a total of 30 days and was last sold on August 19, 2021. This listing's school district is Stonington School District. Nearby schools include Deans Mill School, Stonington Middle School and Stonington High School. 117 Water Street is a 10-bed, 7-bath, 12,145 sqft multi-family home built in 1850.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lori Hopkins-Cavanagh Broker, Lori Hopkins-Cavanagh

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