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16-20 Stonington Road

Stonington, Connecticut 06379

ACTIVE$2,250,000
Beds
0
Baths
0
SqFt
Acres
7.23
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.

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About This Home

Positioned on the highly desirable corridor connecting historic downtown Mystic and Stonington, this undeveloped parcel offers a rare canvas for a landmark project. Location is key here- land with this level of visibility and proximity to Mystic's booming tourism, dining, and retail hub is virtually non-existent. A Proven Head Start. Phases 1 & 2 of environmental studies are complete, leaving only Phase 3 approvals to be finalized by the incoming developer. While the parcel contains some wetlands, the path to unlocking its full potential is clear: with the completion of Phase 3 and a standard strategy to fill and raise the site, this property will be fully primed for construction. Ideal for mixed-use or condominiums. The ongoing demand for both housing and premium commercial space in the Mystic market, the site's footprint is highly versatile. It is an idea match for luxury condominiums, tapping into the high-end coastal residential market. OR commercial retail, dining, or office spaces with upscale apartments. Seize the chance to shape the future of the Mystic-Stonington line. Bring your vision to a high-demand, high-yield location and take Phase 3 across the finish line.

Key Facts

City/Town
Stonington
Neighborhood
Mystic
Property Type
Land
Days on Market
18 days
Beds
0
Baths
0 baths
Lot Size
7.23 acres
Property Taxes
$9,864 / Annually

Market Snapshot

The Stonington Market

Land · trailing 12 months

Median Days on Market

109

15 active listings

Median $ / Sq Ft

--

15 active listings

Sale-to-List Ratio

94.8%

16 sales

How this home compares

List Price

$2.25M

vs $945,000 median

2.4× the median

Price / Sq Ft

--

Median unavailable

Limited comparable data

Days on Market

18 days

vs 109 days median

91 days fresher than median

Based on 15 active and 16 closed sales (trailing 12 mo) of land in Stonington. Source: SmartMLS · As of July 28, 2026.

Location

16-20 Stonington Road, Stonington, Connecticut

Property + 10 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$13,044

per month

  • Principal & Interest$11,472
  • Property Taxes$822
  • Insurance$750
  • 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
Land
Subtype
SingleFamilyResidence

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Exterior & Lot

Lot Size
7.23 acres
Zoning
GC-60
Waterfront Details
Water Community
Water Source
None
Sewer
None
Flood Zone
Yes
Lot Description
Some WetlandsLevel LotOpen Lot

Listing & Financials

Property Taxes
$9,864 / Annually
Days on Market
18
MLS #
24190401
MLS Status
Active

Similar Properties

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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 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 6:10 AM UTC.