Skip to main content

32 Broadway Avenue

Stonington, Connecticut 06378

ACTIVE$5,050,000
Beds
6
Baths
6
SqFt
4,002
Acres
0.18
Year Built
2022
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

Call Matt
Pool

About This Home

Rarely does a commercial asset of this caliber become available in the historic heart of downtown Mystic. Located just 0.1 miles from the Mystic Amtrak Station, this turnkey property offers direct, car-free transit to travelers from NYC and Boston. It presents an unmatched opportunity for a boutique hotel operator, short-term rental (STR) investor, or residential developer. Located in the LS-5 zone, it is pre-zoned for hospitality/hotel use, allowing immediate STR or hotel operations. Luxury accommodations and fully furnished with a rooftop oasis with communal sun lounge, dining area, and dip pool with panoramic townscape views. Modern construction, individual high-efficiency climate zones, public utilities, and a dedicated 10-13 car paved off street parking lot allow ease and comfort. Centrally located in one of New England's most desirable, rapidly appreciating coastal destinations. Qualified private showings by appointment only. Also listed as Commercial under MLS# 24184137

Key Facts

City/Town
Stonington
Neighborhood
Mystic
Property / Style
Multi-Family · Units on different Floors,Units are Side-by-Side
Year Built
2022
Days on Market
69 days
Beds
6
Baths
6 full
Living Area
4,002 sq ft
Lot Size
0.18 acres
Garage / Parking
10 total
Property Taxes
$22,599 / Annually

Market Snapshot

The Stonington Market

Multi-Family · trailing 12 months

Median Days on Market

87

7 active listings

Median $ / Sq Ft

$482

7 active listings

Sale-to-List Ratio

96.6%

18 sales

How this home compares

List Price

$5.05M

vs $3.50M median

44.3% above median

Price / Sq Ft

$1,262

vs $482 median

2.6× the median

Days on Market

69 days

vs 87 days median

18 days fresher than median

Based on 7 active and 18 closed sales (trailing 12 mo) of multi-family in Stonington. Source: SmartMLS · As of August 26, 2026.

Location

32 Broadway Avenue, Stonington, Connecticut

Property + 7 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: indicative defaults
$29,501

per month

  • Principal & Interest$25,935
  • Property Taxes$1,883
  • Insurance$1,683
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Stonington
Neighborhood
Mystic
County
New London

Residence

Property Type
Multi-Family
Subtype
5 Family+
Style
Units on different Floors,Units are Side-by-Side
Year Built
2022
New Construction
No/Resale
Living Area
4,002 sq ft

Schools

Elementary
Deans Mill
High
Stonington

Interior

Heating
Hot Air
Heat Fuel
Electric
Cooling
Central AirSplit SystemZoned
Laundry
Common Laundry Area
Laundry Location
One Laundry Room per floor.
Basement
None

Exterior & Lot

Lot Size
0.18 acres
Zoning
LS-5
Garage / Parking
10 total parking spacesPavedOff Street ParkingDrivewaySharedPaved
Waterfront Details
Walk to WaterWater Community
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Pool
Above Ground Pool
Construction
Clapboard
Roof
Asphalt ShingleMetal
Foundation
Concrete
Lot Description
Corner LotCity ViewsWater View

Listing & Financials

Property Taxes
$22,599 / Annually
Days on Market
69
MLS #
24185056
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Jonathan Shockley

(860) 917-6016

Serhant Connecticut, LLC

(203) 489-7800

Co-Listed By

Kevin Rogers

Serhant Connecticut, LLC

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 8/26/2026. 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 8/26/2026 at 8:05 PM UTC.