Skip to main content

3 Water Street #203

Groton, Connecticut 06355

ACTIVE - NEW$850,000
Beds
2
Baths
2
SqFt
1,148
Year Built
2020
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
1-Car GarageVirtual Tour

About This Home

Experience modern luxury living in the heart of historic downtown Mystic. This beautifully appointed 2bedroom, 2bath condo offers an open floor plan designed for comfort, style, and effortless everyday living. Built in 2020, the unit features an upgraded custom kitchen with highend finishes, a spacious living area, in unit washer & dryer and large windows showcasing stunning views of the Mystic River. The Standard is a premier mixed-use building featuring a rooftop lounge area overlooking all of Mystic and the Mystic River, perfect for relaxing or entertaining. Enjoy the convenience elevator access to every floor, and a private parking garage-rare amenities in downtown Mystic. Step outside and be immersed in everything Mystic has to offer: awardwinning dining, boutique shops, entertainment, cultural attractions, and the iconic Mystic River Bascule Bridge. This is truly turnkey coastal living in one of Connecticut's most desirable waterfront communities. The unit is in pristine condition and a pleasure to show.

Key Facts

City/Town
Groton
Neighborhood
Mystic
Property / Style
Condo · Other
Year Built
2020
Days on Market
0 days
Beds
2
Baths
2 full
Living Area
1,148 sq ft
Garage / Parking
1 garage
Property Taxes
$9,997 / Annually
HOA Fee
$1,665 / Quarterly

Market Snapshot

The Groton Market

Condo · trailing 12 months

Median Days on Market

30

7 active listings

Median $ / Sq Ft

$597

7 active listings

Sale-to-List Ratio

100.0%

87 sales

How this home compares

List Price

$850,000

vs $850,000 median

In line with median

Price / Sq Ft

$740

vs $597 median

24.0% above median

Days on Market

0 days

vs 30 days median

30 days fresher than median

Based on 7 active and 87 closed sales (trailing 12 mo) of condo in Groton. Source: SmartMLS · As of September 10, 2026.

Location

3 Water Street #203, Groton, Connecticut

Property + 6 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$6,086

per month

  • Principal & Interest$4,415
  • Property Taxes$833
  • Insurance$283
  • HOA$555

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
Other
Year Built
2020
New Construction
No/Resale
Living Area
1,148 sq ft

Schools

Elementary
S. B. Butler
High
Fitch Senior

Interior

Heating
Hot AirZoned
Heat Fuel
Electric
Cooling
Central Air
Appliances
Gas RangeRefrigeratorFreezerIcemakerDishwasherWasherDryer
Basement
None

Exterior & Lot

Zoning
Mystic
Garage / Parking
1 garage spaceParking Garage
Waterfront Details
Walk to WaterWater CommunityView
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
ClapboardWood
Lot Description
City ViewsLevel LotHistoric DistrictWater View

HOA / Association

Fee
$1,665 / Quarterly

Listing & Financials

Property Taxes
$9,997 / Annually
Days on Market
0
MLS #
24200391
MLS Status
Active

Similar Properties

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

Listed By

Thomas Switz

(860) 884-6003

Switz Real Estate Associates

(860) 572-9501

Co-Listed By

Jackson Switz

Switz Real Estate Associates

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/10/2026. 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 9/10/2026 at 10:20 PM UTC.