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    117 Water St Stonington, CT 06359

    For Sale
    $4,950,000

    5 Family+ - Stonington, CT

    Property size:
    12,145 SF
    Lot size:
    0.12 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 117 Water St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Village Business District
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    11
    APN
    2075135
    Parking
    2
    Parking features
    Driveway, Garage, Garage - Attached
    Exterior features
    Sidewalk, Gutters, Lighting
    Basement Y/N
    1
    Size
    12,145 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Baseboard, Oil
    Cooling system
    Window Unit(s)
    Water front features
    Beach Rights

    Building Details

    Year built
    1840
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Shoreviews, LLC (860) 449-2007 [email protected]

    Listing agent Lori Hopkins-Cavanagh (860) 443-4976

    Listing date Nov 25, 2025

    MLS# 24136756 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stonington Mixed-Use Investment Opportunity

    This property, located in the Village Business District, features a mix of residential and commercial units. Currently, there are seven residential units and four commercial units. The historic building offers potential for expansion in the attic, which boasts views. The property includes an attached garage and off-street parking. A village lot on the water across the street provides additional parking and overlooks a park and swimming platform. The location is near restaurants, shops, historic homes, and parks. The property is situated in a location near Connecticut's premier dive spot and fishing fleet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Switz Real Estate Lodging Shari's Pet Sitting ... Kennel Mystic Doggy Day ... Kennel

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Accounting Firm Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stonington
    County
    New London
    State
    Connecticut
    Longitude
    -71.9065981
    Latitude
    41.3342099

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    FAQs

    What type of property is this?
    Apartment building - Mixed-use property with expansion potential in Stonington's Village Business District.
    Where is this apartment building located?
    The property is located at 117 Water St Stonington, CT.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Sweeping tri-state views and expansion potential in attic.; - Prime location in the heart of the Village Business District.; - Ample parking with attached garage, off-street parking, and Village lot on the water.
    (860) 443-4976
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 Water St Stonington, CT 06359
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