8-1/2 Prospect Street
Groton, Connecticut 06355
- Beds
- 4
- Baths
- 2 | 1
- SqFt
- 3,463
- Acres
- 0.61
- Year Built
- 1962
- Neighborhood
- Mystic
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
Rare Find. Perfectly positioned in one of the most desirable neighborhoods in Mystic. This classic Cape offers an opportunity to enjoy timeless New England living just moments from Historic Downtown Mystic, world-class marinas, celebrated restaurants, boutique shopping, and convenient I-95 access. Privately set on .61 beautifully manicured acres with mature landscaping and an inviting in-ground pool, this cherished 4 Bedroom, 2 and 1/2 Bath 3,463 square foot residence has been lovingly maintained by the same family for more than four decades. Designed with comfort and flexibility in mind, the home features the best of ONE-LEVEL living with two bedrooms located on the main floor, while the second level offers two additional bedrooms perfect for guests, extended family, or private office space. Also offers 3 Fireplaces. 2 Propane and One Classic Wood. Warm and welcoming interiors offer generous living spaces, quality craftsmanship, and a layout ideal for both relaxed everyday living and entertaining. An attached two-car garage, expansive manicured yard, and peaceful setting further enhance the appeal of this exceptional property. An iconic Mystic location combined with privacy, convenience, and enduring charm make this a truly special offering in one of coastal Connecticut's most sought-after destinations.
Key Facts
- City/Town
- Groton
- Neighborhood
- Mystic
- Property / Style
- Single Family · Cape Cod
- Year Built
- 1962
- Days on Market
- 5 days
- Beds
- 4
- Baths
- 2 full · 1 half
- Living Area
- 3,463 sq ft
- Lot Size
- 0.61 acres
- Garage / Parking
- 2 garage · 3 total
- Property Taxes
- $17,238 / Annually
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
$1.43M
vs $585,000 median
2.4× the median
Price / Sq Ft
$413
vs $331 median
24.8% above median
Days on Market
5 days
vs 42 days median
37 days fresher 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
8-1/2 Prospect Street, Groton, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$7,286
- Property Taxes$1,437
- Insurance$476
- HOA$0
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
- Single Family
- Style
- Cape Cod
- Year Built
- 1962
- New Construction
- No/Resale
- Living Area
- 3,463 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- Fitch Senior
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- Split System
- Fireplaces
- 2
- Laundry
- Main Level
- Laundry Location
- Main Level
- Appliances
- Gas CooktopWall OvenMicrowaveRefrigeratorIcemakerDishwasherWasherDryer
- Basement
- Full
- Interior Features
- Auto Garage Door OpenerCable - Available
- Additional Rooms
- FoyerWorkshop
Exterior & Lot
- Lot Size
- 0.61 acres
- Zoning
- RS-12
- Garage / Parking
- 2 garage spaces3 total parking spacesAttached GaragePavedOff Street ParkingDrivewayPrivateAsphalt
- Waterfront Details
- Not Applicable
- Water Source
- Public Water ConnectedPrivate Well
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Pool
- VinylIn Ground Pool
- Construction
- ShingleCedar
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Deck
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $17,238 / Annually
- Days on Market
- 5
- MLS #
- 24193886
- 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.