15-1/2 Water Street #4
Groton, Connecticut 06355
- Beds
- 2
- Baths
- 2
- SqFt
- 1,314
- Year Built
- 1830
- Neighborhood
- Mystic
- Property Type
- Condo
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Direct Waterfront One Level Condo with Un-Obstructed Water Views of the Mystic River. This 2 Bedroom, 2 Full Bath condo is located in one of the most Iconic Buildings in all of Mystic. "The Power House" turn of the Century Stately Water Front Building in Historic Downtown Mystic. Enjoy one-level living at its best. Includes 1 private parking space in the covered garage and access to the private outside parking lot as well. Watch the mesmeric boat traffic on the Mystic River from your 14' Balcony and enjoy the waterfront seating area with picnic table for outdoor gatherings. Efficient heat pump heating system with central air. First floor unit accessed by elevator. Adjacent to Deep Water Marina and stroll to fine restaurants, SIFT Bakery, Resort Shopping and Seaside Cafes. Live a Dream in Historic Downtown Mystic.
Key Facts
- City/Town
- Groton
- Neighborhood
- Mystic
- Property / Style
- Condo · Ranch
- Year Built
- 1830
- Days on Market
- 22 days
- Beds
- 2
- Baths
- 2 full
- Living Area
- 1,314 sq ft
- Garage / Parking
- 1 garage · 1 total
- Property Taxes
- $12,562 / Annually
- HOA Fee
- $610 / Monthly
Market Snapshot
The Groton Market
Condo · trailing 12 months
Active Listings
11
11 under contract
Median List Price
$450,000
11 active listings
Median Closed Price
$267,250
84 sales
Median Days on Market
36
11 active listings
Median $ / Sq Ft
$312
11 active listings
Sale-to-List Ratio
100.0%
84 sales
How this home compares
List Price
$1.29M
vs $450,000 median
2.9× the median
Price / Sq Ft
$986
vs $312 median
3.2× the median
Days on Market
22 days
vs 36 days median
14 days fresher than median
Based on 11 active and 84 closed sales (trailing 12 mo) of condo in Groton. Source: SmartMLS · As of July 28, 2026.
Location
15-1/2 Water Street #4, Groton, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$6,603
- Property Taxes$1,047
- Insurance$432
- HOA$610
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Groton
- Neighborhood
- Mystic
- County
- New London
Residence
- Property Type
- Condo
- Subtype
- Condominium
- Style
- Ranch
- Year Built
- 1830
- New Construction
- No/Resale
- Living Area
- 1,314 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Fitch Senior
Interior
- Heating
- Heat Pump
- Heat Fuel
- Electric
- Cooling
- Central Air
- Laundry
- Main Level
- Laundry Location
- Main Level
- Appliances
- Oven/RangeMicrowaveRange HoodRefrigeratorDishwasherWasherDryer
- Basement
- None
- Interior Features
- Cable - Available
Exterior & Lot
- Zoning
- MDD
- Garage / Parking
- 1 garage space1 total parking spaceUnder House GarageAssigned Parking
- Waterfront
- Direct waterfront
- Waterfront Details
- RiverWalk to WaterWater CommunityViewAccess
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- Yes
- Construction
- Brick
- Exterior Features
- BalconySidewalkLighting
- Lot Description
- Level LotWater View
HOA / Association
- Fee
- $610 / Monthly
- Amenities
- ElevatorGuest ParkingSecurity Services
Listing & Financials
- Property Taxes
- $12,562 / Annually
- Days on Market
- 22
- MLS #
- 24184927
- MLS Status
- Active
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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 4:25 AM UTC.