15 1/2 Water St, Unit 4

1,314 Sq. Ft.
$1,027 / Sq. Ft.
1,314
Sq. Ft.
$1,027
per Sq. Ft.

Description

Direct Waterfront One Level Condo with Un-Obstructed Water Views of the Mystic River. This 2 Bedroom, 2 Full Bath condo is located in one of the most Iconic Buildings in all of Mystic. "The Power House" turn of the Century Stately Water Front Building in Historic Downtown Mystic. Enjoy one-level living at its best. Includes 1 private parking space in the covered garage and access to the private outside parking lot as well. Watch the mesmeric boat traffic on the Mystic River from your 14' Balcony...Direct Waterfront One Level Condo with Un-Obstructed Water Views of the Mystic River. This 2 Bedroom, 2 Full Bath condo is located in one of the most Iconic Buildings in all of Mystic. "The Power House" turn of the Century Stately Water Front Building in Historic Downtown Mystic. Enjoy one-level living at its best. Includes 1 private parking space in the covered garage and access to the private outside parking lot as well. Watch the mesmeric boat traffic on the Mystic River from your 14' Balcony and enjoy the waterfront seating area with picnic table for outdoor gatherings. Efficient heat pump heating system with central air. First floor unit accessed by elevator. Adjacent to Deep Water Marina and stroll to fine restaurants, SIFT Bakery, Resort Shopping and Seaside Cafes. Live a Dream in Historic Downtown Mystic.
  1. Listed by Judith Caracausa • William Pitt Sotheby's Int'l
    P: (860)-912-9903 C: (860)-912-9903 buymystic@aol.com

Property Details for 15 1/2 Water Street, Unit 4

Basement Description
None
Direct Waterfront
Yes
Garages Number
1
Neighborhood
Mystic
Style
Ranch
Garage Parking Info
Under House Garage, Assigned Parking
Swimming Pool
No
LISTING UPDATED: 05/29/2026 07:09 PM

Property Details for 15 1/2 Water Street, Unit 4

StatusActive
MLS #24173072
Days on Market12
Pet Policy-
Taxes$12,562 / year
HOA Fees$610 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeCondo/Co-Op / Condominium
Year Built1830
CountyNew London County

Location

Listing Courtesy of William Pitt Sotheby's Int'l, Judith Caracausa
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Building Information for 15 1/2 Water Street, Unit 4

Building/Complex15 1/2 Water StFloor-Stories-Residences16Pet Policy-Pet Policy DetailsRestrictionsYear Built1830

Payment Calculator

$8,379 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,722

Property Taxes

$1,047

HOA Dues

$610

The Payment Calculator is for illustrative purposes only.

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Property Information for 15 1/2 Water Street, Unit 4

Summary
Property and Location
  • Association Amenities: Elevator, Guest Parking, Security Services
  • Complex Name: Power House
  • Directions: Water Street to the Power House Condominiums.
  • Elementary School: Per Board of Ed
  • End Unit: Yes
  • Flood Zone: Yes
  • High School: Fitch Senior
  • Latitude: 41.35244
  • Longitude: -71.971176
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Pets Allowed Info: With restrictions
  • Pets Allowed: Restrictions
  • Unit On Floor Number: 2
  • State: Connecticut
  • Subd Complex: Power House
Parking
  • Parking Total Spaces: 1
HOA and Fees
  • Association Fee Includes: Security Service, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Flood Insurance
  • HOA Fee Amount: 610
  • HOA Fee Frequency: Monthly
  • Home Owner's Assocation: Yes
  • Sewer Usage Fee Annual: $450
  • Special Association Assessment: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $12,562
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Sidewalk, Lighting
  • Waterfront Description: River, Walk to Water, Water Community, View, Access
Interior Features
  • Appliances Included: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Attic YN: No
  • Fireplaces Total: 0
  • Interior Features: Cable - Available
  • Laundry Room Info: Main Level
  • Laundry Room Location: Main Level
  • Rooms Total: 4
Room 1
  • Room Entry Order: 1
  • Room Features: Balcony/Deck,Combination Liv/Din Rm,Dining Area,Sliders,Hardwood Floor
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 16.0
Room 2
  • Room Entry Order: 2
  • Room Features: Balcony/Deck,Combination Liv/Din Rm,Sliders,Hardwood Floor
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Dining Room
  • Room Width: 11.0
Room 3
  • Room Entry Order: 3
  • Room Features: Breakfast Bar,Granite Counters,Double-Sink,Hardwood Floor
  • Room Length: 16.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 12.0
Room 4
  • Room Entry Order: 4
  • Room Features: Balcony/Deck,Bedroom Suite,Full Bath,Walk-In Closet,Wall/Wall Carpet
  • Room Length: 18.0
  • Room Level: Main
  • Room Type: Primary BR Suite
  • Room Width: 15.0
Room 5
  • Listing Key: 5118DFF525F57F3AE063E201100AD3D2
  • Room Entry Order: 5
  • Room Features: Stall Shower,Hardwood Floor
  • Room Length: 6.0
  • Room Level: Main
  • Room Type: Primary Bath
  • Room Width: 9.0
Room 6
  • Room Entry Order: 6
  • Room Features: Hardwood Floor
  • Room Length: 14.0
  • Room Level: Main
  • Room Type: Bedroom
  • Room Width: 10.0
Room 7
  • Room Entry Order: 7
  • Room Features: Stall Shower
  • Room Length: 5.0
  • Room Level: Main
  • Room Type: Full Bath
  • Room Width: 7.0
Property
Property and Assessments
  • Construction Description: Brick
  • Elevation Certificate: No
  • Exterior Siding: Brick
  • Levels In Unit: 1
  • New Construction Type: No/Resale
  • Year Built: 1830
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 1314
Lot Information
  • Lot Description: Level Lot, Water View
  • Parcel Number: 2239668
  • Sq Ft Est Heated Above Grade: 1314.0
  • Sq Ft Total: 1314.0
  • Zoning: MDD
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Sewage System: Public Sewer Connected
  • Sewer Assess Description: Sewer usage charge is yearly
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Owner
  • Total Number of Units: 16

Property History for 15 1/2 Water Street, Unit 4

DateEvent & SourcePriceAppreciation
Jun 17, 2015

Closed (Public Record)

Public Record #1051319358

$522,000—
Jun 15, 2015

Closed (Public Record)

Public Record #551319358

$522,000

+1.0% / yr

May 7, 2007

Closed (Public Record)

Public Record #219795482

$480,000—
DateEvent & SourcePrice
06/17/2015

Closed (Public Record)

Public Record #1051319358

$522,000
06/15/2015

Closed (Public Record)

Public Record #551319358

$522,000

+1.0% / yr

05/07/2007

Closed (Public Record)

Public Record #219795482

$480,000

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

Public Records for 15 1/2 Water Street, Unit 4

Taxable ValueLand$138,453Additions$323,057Total$461,510
Tax Record2024$12,562 ($1,047 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,314 SqFtAbove Grade Finished SqFt1,314 SqFtStories1StyleCondominiumYear Built1830ZoningMDDCountySOUTHEASTERN CONNECTICUTAPNGROT M:261918307079 L:0004

Schools near 15 1/2 Water Street, Unit 4

This home is within Groton School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Northeast Academy Elementary School
PublicPK to 5

Groton Middle School
Public6 to 8

Fitch Senior High School
Public9 to 12

Mystic River Magnet School
PublicPK to 5

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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15 1/2 Water Street, Unit 4 is a condo for sale in Groton, CT 06355. This property was listed for sale on May 20, 2026 by William Pitt Sotheby's Int'l, it's currently listed at $1,349,000. It has been on the market for a total of 12 days and was last sold on June 17, 2015. This listing's school district is Groton School District. Nearby schools include Northeast Academy Elementary School, Groton Middle School and Fitch Senior High School. 15 1/2 Water Street, Unit 4 is a 2-bed, 2-bath, 1,314 sqft condo built in 1830.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Pitt Sotheby's Int'l, Judith Caracausa

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.