5 Park Place
Groton, Connecticut 06355
- Beds
- 4
- Baths
- 2
- SqFt
- 2,335
- Acres
- 0.31
- Year Built
- 1853
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
Location, Location, Location. Mystic gem on one of Mystic's most iconic streets known on Park Place. This historic home was built as the "John Prentice" home in 1853 and is an original homestead in the Mystic community. This property was enjoyed by the same owners for past several decades. Now it is the time to create a new chapter for this legendary homestead. The main entrance to the home features decorative staircase to the upper level that includes full bath and bedroom with kitchen in the rear of the building. This pristine destination enjoys coastal access to the Mystic River only a stone's throw from your front doorway where you can wheel your kayak to the boat launch. Park Place savors quiet enjoyment and privacy on this dead end street which opens to expansive water views and a boat launch for recreational activities. Nautical adventures await you up and down the magical river including those from the Mystic Seaport's annual antique wooden boat show and holiday lighted boat parade. There are two homes on this parcel inclusive of the 2 family home and the stand alone guest cottage with its own entrance way and driveway. Water views and close proximity to Downtown Mystic make this home a treasure where you can enjoy all the amenities offered in the Mystic community. The stand alone cottage is ideal for visiting guests or revenue opportunity. The rear of the property is bordered with a three car garage with automatic opener. ESTATE SALE, NO DISCLOSURES.
Key Facts
- City/Town
- Groton
- Property / Style
- Single Family · Cottage,Georgian Colonial
- Year Built
- 1853
- Days on Market
- 1130 days
- Beds
- 4
- Baths
- 2 full
- Living Area
- 2,335 sq ft
- Lot Size
- 0.31 acres
- Property Taxes
- Not on file from MLS
Market Snapshot
The Groton Market
Single Family · trailing 12 months
Active Listings
45
54 under contract
Median List Price
$585,000
45 active listings
Median Closed Price
$435,000
291 sales
Median Days on Market
42
45 active listings
Median $ / Sq Ft
$331
45 active listings
Sale-to-List Ratio
100.0%
291 sales
How this home compares
List Price
$1.50M
vs $585,000 median
2.6× the median
Price / Sq Ft
$642
vs $331 median
94.0% above median
Days on Market
1130 days
vs 42 days median
1088 days longer than median
Based on 45 active and 291 closed sales (trailing 12 mo) of single family in Groton. Source: SmartMLS · As of July 28, 2026.
Location
5 Park Place, Groton, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$7,648
- Property Taxes$0
- Insurance$500
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Groton
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Cottage,Georgian Colonial
- Year Built
- 1853
- Living Area
- 2,335 sq ft
Schools
- Elementary
- S. B. Butler
- High
- Fitch Senior
Interior
- Heating
- Baseboard
- Cooling
- Ceiling FansWindow Unit
- Laundry
- Main LevelUpper Level
Exterior & Lot
- Lot Size
- 0.31 acres
- Garage / Parking
- Detached Garage
- Waterfront Details
- Water CommunityViewWalk to Water
- Construction
- Aluminum
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Exterior Features
- BreezewayGuest HouseGutters
- Lot Description
- Historic DistrictOpen LotDryClearedWater ViewLevel Lot
Listing & Financials
- Days on Market
- 1130
- MLS #
- 170578104
- MLS Status
- Under Contract - Continue to Show
Similar Properties
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Buyer's Agent
Geoff Gordon
RANDALL, REALTORS-Compass
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 5:25 AM UTC.