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117 Water Street, Stonington, CT 06378

Multi-Family For Sale · 5 Family+

$4,250,000
$350/sqft
117 Water Street, Stonington, CT
Active
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10
Bedrooms
7
Bathrooms
12,145
Sq Ft
0.12
Acres
1850
Year Built

About This Home

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.

Listed by Lori Hopkins-Cavanagh (860) 449-2007 with Lori Hopkins-Cavanagh Broker (860) 443-4976

Listing Snapshot

Price $4,250,000 Days on Our Site 90 days
Property Tax $12,198/yr Style Units on different Floors
Year Built 1850 Total Sq Ft 12,145
Lot Size 0.12 acres HOA Fees N/A
Bedrooms 10 Full Bathrooms 7
Total Rooms 25 Half Baths 0

Key Features

Outdoor
  • Sidewalk
  • Awnings
  • Gutters
  • Lighting
Nearby
  • Library
  • Playground/Tot Lot
  • Public Rec Facilities

Structure & Parking

Construction Frame
Roof Asphalt Shingle
Garage Spaces 1
Garage Type Attached Garage, Off Street Parking, Driveway

Systems & Utilities

Heat Baseboard
Fuel Oil
Cooling Wall Unit, Window Unit
Hot Water Oil, Domestic
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
Middle Per Board of Ed
High Stonington

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $1,017/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
May 9, 2026 Price Reduced $4,250,000
Jan 14, 2026 Listed $4,495,000

Frequently Asked Questions

How much does 117 Water Street in Stonington, CT cost?
This property is listed at $4,250,000, which works out to $350 per square foot.
How many bedrooms does 117 Water Street have?
This home has 10 bedrooms and 7 bathrooms.
What is the square footage of 117 Water Street?
The home is 12,145 square feet, situated on 0.12 acres.
When was 117 Water Street in Stonington built?
This property was built in 1850.
Is 117 Water Street, Stonington, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 117 Water Street, Stonington in?
This home is served by the Stonington public school system, with Per Board of Ed as the elementary school and Stonington as the high school.
How do I schedule a tour of 117 Water Street, Stonington, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Lori Hopkins-Cavanagh · (860) 449-2007

Lori Hopkins-Cavanagh Broker · (860) 443-4976

MLS# 24148701 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated May 9, 2026 1:15 PM UTC