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Hot Mystic Listings

$18,000,000
2 Baths 24158924 MLS
12 Water Street represents a rare and compelling redevelopment opportunity in the heart of one of New England's most celebrated coastal destinations. Situated on 1.61 acres along the storied waterfront of Mystic, Connecticut, the property offers a substantial existing 4-story, 60,143-square-foot mixed-use building with immediate proximity to the iconic Mystic Drawbridge - one of the most photographed landmarks in the northeastern United States. The site is zoned within the Mystic Downtown District (MDD), a designation purpose-built to encourage concentrated, pedestrian-oriented mixed-use and residential development while preserving the historic character that defines Mystic's irreplaceable sense of place. The MDD zoning framework, combined with the property's scale, location, and existing structure, positions 12 Water Street as an exceptional candidate for adaptive residential reuse - and the recently completed luxury condo projects in the immediate market leave no ambiguity about the demand that awaits a well-executed vision here. Central Hall at 22 West Main Street, completed in 2022 and located within steps of the subject property, is now fully absorbed - including a number of off-market transactions that never reached the open market. Prices at Central Hall accelerated from $743 per square foot at initial closings to over $1,170 per square foot by mid-2025, demonstrating both the depth of demand and the market's appetite for premium product in this location.

12 Water St, Groton

$6,495,000
11 Baths 24134112 MLS
Iconic Historic Inn steps from Historic Downtown Mystic. Once-in-a-lifetime opportunity to own this exquisite architectural masterpiece. Meticulous 10,500 Sq Ft Italianate Victorian Hotel-Inn with 8 Bedrooms, 8 Full Bathrooms and 3 Half Bathrooms all nestled on 1.5 manicured acres with private parking lot and porte-cochere. Featuring 3 grand parlors with hand-painted ceilings, full commercial kitchen with stainless steel counters, formal dining room for 30 with French Doors leading out to brick patio for Alfresco Dining. 5 beautiful ornate original fireplaces converted to gas. Serviced by municipal water and sewer. Also includes a registration area, and potential lower-level Speakeasy. Endless possibilities. Perfect for a boutique inn, buyouts, event venue or luxury residence. Zoned for business or private use. Stunning tri-state views from the Belvedere. One of the most historically significant building in Mystic. A very rare investment opportunity in a prime shoreline location. If used as an 8 unit Inn, 6 outdoor events per year under a tent. This property blends History, Luxury and Functionality - ideal as a boutique inn, exclusive event venue, or private residence. Whether hosting small gathering under the stars on your brick patio or welcoming guests through the grand porte cochere, every detail reflects timeless New England elegance. Discover this landmark estate where every visit feels like a dream and just steps to Historic Downtown Mystic!

15 Elm St, Groton

$3,800,000
4 Beds 3 Baths 24170583 MLS
Mystic luxury home in the heart of the Mystic River Historic District. Home's majestic presence along the Mystic River has been a beacon for Mystic's nautical community. One of the premier homes along the river front with direct access to nautical adventures with your own personal dock. The home is located directly opposite The Mystic Seaport with 156 feet of unobstructed waterfront views. Home's interior showcases a first floor ensuite with panoramic views of the Mystic River and French doors leading to the outer decks and dining area. Kitchen includes new appliances with Kitchen Aid double stainless ovens, Bosch 5 burner cook-top, LG side-by-side fridge, Whirlpool dishwasher, center island, custom cabinets, granite counters and central island. The kitchen triple casement windows overlook the Mystic Seaport. First and second floors are hardwood with captivating water views. The third floor expands the opportunity for hosting additional guests and the ideal place to rest and take in your favorite novel while enjoying nautical traffic. The lower level has the setting for an English pub and adjoining office area. The expansive yard area complete with access to your own personal dock and built-in swimming pool. Gracious mature landscaping is framed by rose hedge and wisteria trellis with cascading clusters of lilac flowers welcoming spring. Home conveniently located between NY and Boston with high speed rail and ferry service. SEE DRONE ICON BELOW LISTING PHOTO.

20 Grove Ave, Groton

$3,500,000
12 Beds 6 Baths 24175981 MLS
Exceptional opportunity to acquire a thriving six-unit short-term rental portfolio in the heart of Mystic, Ct. Offered as three well-maintained buildings with six guest accommodations, this turnkey hospitality operation provides immediate income in one of New England's most desirable coastal destinations. Located within walking distance of Historic Downtown Mystic, the portfolio benefits from strong year-round demand driven by waterfront attractions, acclaimed restaurants, boutique shopping, marinas, entertainment venues, and a vibrant tourism economy. Guests enjoy convenient access to Mystic's most popular destinations, helping drive occupancy and repeat visitation. The portfolio includes six thoughtfully appointed accommodations across three separate buildings, creating multiple revenue streams and operational flexibility. The properties have been carefully maintained and are positioned for continued success under new ownership. Unlike traditional multifamily investments, this offering represents an established lodging business with immediate cash flow and future growth potential. The combination of location, scale, and guest appeal creates a rare opportunity to acquire a hospitality asset in one of Connecticut's premier tourism markets. Whether expanding an existing portfolio or entering the short-term rental industry, this unique Mystic offering delivers proven income, operational flexibility, and long-term value. Financial and operational information availabl

9 School (4 And 6 School Place)(Mystic) Street, Stonington

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