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8-1/2 Prospect Street

Groton, Connecticut 06355

ACTIVE - NEW$1,429,000
Beds
4
Baths
2 | 1
SqFt
3,463
Acres
0.61
Year Built
1962
Matt Caiola

Matt Caiola

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Pool2-Car Garage2 FireplacesVirtual Tour

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

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

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$9,199

per 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

Similar Properties

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Listed By

Judith Caracausa

(860) 912-9903

William Pitt Sotheby's Int'l

(860) 536-5900

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.