1 Pearl Street

Groton, CT 06340

1,988 Sq. Ft.
$654 / Sq. Ft.
Sq. Ft.
per Sq. Ft.


Rare Offering - First time offered for sale since 1923. Prime .28 Acre Commercial Parcel in the WDD Zone in Historic Downtown Mystic. Waterfront Design District Zoning. Used as a parking lot since 1964. In addition, this property includes an income producing 2 family home. First and Second Floor Offer Two Bedroom Units. Ideal long term or short term VRBO rental property. Many Uses in the Waterfront Design District Zone. Truly in the Heart of Historic Downtown Mystic. Adjacent to mixed use commercial...

Property Details for 1 Pearl Street

Direct Waterfront
Swimming Pool
Basement Description
Garage Parking Info
Parking Lot
Garages Number

Property Details for 1 Pearl Street

MLS #170343803
Taxes$5,337 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1826
Lot Size0.28 AC / 12,196 SF
CountyNew London County

Listing Agent

Judith Caracausa

Market Realty, LLC


P: (860) 912-9903

M: (860) 912-9903

Contact Agent(s)


Listing Courtesy of Market Realty, LLC, Judith Caracausa

Building Information for 1 Pearl Street

Stories-Residences2Year Built1826Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$4,801 per month

30 year fixed, 2.95% Interest

Principal and Interest


Property Taxes


HOA Dues


Property Information for 1 Pearl Street

    Property and Location
  • Postal Code Plus 4: 5730
  • Directions: Main St. to Pearl St.
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Shopping/Mall
  • Property Sub Type: 2 Family
  • Flood Zone: Yes
  • Elementary School: S. B. Butler
  • Middle Jr High School: Cutler
  • High School: Fitch Senior
  • Acres Source: Public Records
    HOA and Fees
  • HOA: No
  • Property Tax: $5,337
  • Tax Year: July 2020-June 2021
    Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
    Exterior Features
  • Exterior Features: Sidewalk
  • Waterfront Description: Walk to Water
    Interior Features
  • Attic: No
  • Street View Param: 1$41.325539$-71.987637$252.32$13.33$1.00$b4xtNiGPwrpUa_9aF1dwbA
    Property and Assessments
  • Bank Owned Property YN: No
  • Exterior Siding: Wood
  • Driveway Type: Asphalt
  • Fuel Tank Location: Non Applicable
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Gross SQFT Per Public Records: 1988
  • New Construction Type: No/Resale
  • Construction Description: Frame
  • Year Built Source: Public Records
  • Living Area SQFT Per Public Records: 1988
    Lot Information
  • Lot Description: City Views, Level Lot
  • Parcel Number: 1960784
  • Zoning: WDD
  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Water Source: Public Water Connected
  • Hot Water Description: Domestic
  • Sewage System: Public Sewer Connected
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
Multi Family
    Income and Expenses
  • Total Numof Units: 2
  • Occupied By: Tenant
    Building Details
  • Unit Count: 2
  • Rooms Total Multi Family: 8
    Unit 1
  • Unit Full Baths: 1
  • Unit Num Rooms: 4
  • Unit Monthly Rent: $1,750
  • Lease: Leased
  • Unit Appliances: Oven/Range,Refrigerator
  • Occupied By: Tenant
    Unit 2
  • Unit Full Baths: 2
  • Unit Num Rooms: 4
  • Unit Monthly Rent: $850
  • Lease: Leased
  • Unit Appliances: Oven/Range,Refrigerator
  • Occupied By: Tenant

Schools near 1 Pearl Street

Carl C. Cutler Middle SchoolPublic6-81.6 mi
Fitch Senior High SchoolPublic9-121.6 mi
S. B. Butler SchoolPublicPK-51.7 mi
Virtual Learning AcademyPublic9-104.3 mi

Carl C. Cutler Middle School

6-8, 1.6 mi, Public


Fitch Senior High School

9-12, 1.6 mi, Public


S. B. Butler School

PK-5, 1.7 mi, Public


Virtual Learning Academy

9-10, 4.3 mi, Public


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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1 Pearl Street is a multi-family home for sale in Groton, CT 06340. This property was listed for sale on October 8, 2020 by Market Realty, LLC at $1,300,000. This listing's school district is Groton School District. Nearby schools include Virtual Learning Academy, Carl C. Cutler Middle School and S. B. Butler School. 1 Pearl Street is a 4-bed, 3-bath, 1,988 sqft multi-family home built in 1826. This address can also be written as 1 Pearl St.

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 expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Market Realty, LLC, Judith Caracausa

The information being provided by Darien MLS as of 10/08/2020 12:00 AM, Smart MLS as of 10/08/2020 12:00 AM, and/or Greenwich Multiple Listing Service ("GMLS") as of 10/08/2020 12:00 AM is provided exclusively for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by GMLS, Darien MLS, and/or Smart MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. This website may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. 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. Data last updated on 10/08/2020 01:58 PM.