$3,795,000
Stonington, CT 06378
MLS# 124505
4 beds | 3.2 baths | 3421 sqft

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Property Description
At the edge of Stonington Harbor, where sailboats move slowly through the water and the village wakes each morning to the rhythm of the tide, 88 Water Street offers a rare opportunity to live directly within one of New England's most beloved coastal communities. This historic home dates to 1840, yet today it feels distinctly current following an extensive renovation completed in 2022. The result is a residence that respects its heritage while embracing the ease and openness expected of modern coastal living. Inside, more than 3,400 square feet of thoughtfully reimagined space unfold across multiple levels, with views of the harbor appearing at nearly every turn.
Details
Maps
Location & Property Info
List Price/SqFt: 1109.32
Zoning: OT - Out of Town
Owner Financing: No
Section: Out of Town
For Rent: No
CIOA: No
# HBths: 2
# FPs: 2
General Property Info
Acres +/-: 0.14
Year Renovations: 2022
Elementary School: Out of Town
Middle School: Out of Town
Pool: No
Year Built: 1840
Garage #: 1
SqFt +/-: 3421
Tax & Misc Info
Assessment: 1513000
Mill Rate: 20.34
Taxes: 30780
Remarks & Misc
Directions: Rt 1 to North Water over viaduct to Water St.
Exterior
Fiber Cement: 1
Vinyl Siding: 1
Design
Colonial: 1
Heat System
Hydro-Air: 1
Entry Hall Level/FP
1st: 1
Heat Fuel
Propane: 1
Living Room Level/FP
1st: 1
FP: 1
Attic
Finished: 1
Full: 1
Lot Description
Fenced: 1
Level: 1
Roof
Asphalt: 1
Dining Room Level/FP
1st: 1
Waterfront Descrip
Deep Water: 1
Waterfront: 1
Waterviews: 1
Cooling System
Central Air: 1
Water Source
Public: 1
Sanitation Source
Town Sewer: 1
Gas Source
Propane: 1
Family Room Level/FP
1st: 1
FP: 1
Powder Room Level/FP
1st: 1
Kitchen Level/FP
1st: 1
Parking Description
Detached Garage: 1
Kitchen Comments
Adjacent Family Room: 1
Breakfast Room: 1
Gourmet: 1
Kitchen Island: 1
Pantry: 1
Primary Bdrm Level/FP
2nd: 1
Included
All Kitchen Applncs: 1
Washer/Dryer: 1
Primary Bdrm Comments
Balcony: 1
Multi-Closets: 1
Primary Bedroom Suite: 1
Primary Bath Level/FP
2nd: 1
Primary Bth Comments
Luxury Bath: 1
Sep Shower: 1
Dbl Bdrms Level/FP
2nd: 2
3rd: 1
Bath Level/FP
2nd: 1
3rd: 1
Staff Level/FP
3rd: 1
Staff Comments
1 Bath: 1
Suite: 1
Laundry Level/FP
2nd: 1
Laundry Comments
Separate Room: 1
Other Room Level/FP
3rd: 1
Other Room Comments
In-Law Floorplan: 1
Separate Apartment: 1
Hot Water
See Remarks: 1
Basement Type
Full: 1
Unfinished: 1
Features
Back Stairs: 1
Central Vacuum: 1
Dock: 1
Outdoor Shower: 1
Terrace: 1
Location Property Info
List Price: $3,795,000
Type: Single Family Residence
Street #: 88
Street Name: Water
Street Suffix: Street
State: CT
Zip Code: 06378
County: New London
Area: 16 - Out of Town
Property ID: 20-81662
# Bdrms: 4
# FBths: 3
Baths: 3.2
OfficeContract Info
Status: Active
List Date: 2026-03-18
Property Features
Kitchen Comments: Adjacent Family Room; Breakfast Room; Gourmet; Kitchen Island; Pantry
Primary Bdrm Comments: Balcony; Multi-Closets; Primary Bedroom Suite
Primary Bth Comments: Luxury Bath; Sep Shower
Staff Comments: 1 Bath; Suite
Laundry Comments: Separate Room
Other Room Comments: In-Law Floorplan; Separate Apartment
Design: Colonial
Cooling System: Central Air
Heat System: Hydro-Air
Heat Fuel: Propane
Hot Water: See Remarks
Attic: Finished; Full
Basement Type: Full; Unfinished
Water Source: Public
Sanitation Source: Town Sewer
Gas Source: Propane
Exterior: Fiber Cement; Vinyl Siding
Parking Description: Detached Garage
Roof: Asphalt
Lot Description: Fenced; Level
Waterfront Descrip: Deep Water; Waterfront; Waterviews
Features: Back Stairs; Central Vacuum; Dock; Outdoor Shower; Terrace
Included: All Kitchen Applncs; Washer/Dryer
Supplements
The home's central living spaces flow naturally from one room to the next, creating an environment designed as much for relaxed daily life as it is for hosting friends and family. A spacious kitchen anchors the main level, centered around a generous island and complemented by casual gathering areas that invite conversation long after dinner ends. Nearby living and dining rooms retain the warmth and character expected in a home of this era, anchored by a traditional fireplace that brings a sense of intimacy to the space.
Upstairs, the primary suite enjoys its own private outlook toward the water, with direct access to a deck that feels perfectly suited for quiet mornings overlooking the harbor. Additional bedrooms provide comfortable accommodations for family and guests.
The uppermost level offers a particularly versatile arrangement: a private guest retreat complete with its own sitting area, kitchenette, bedroom, and bath. Whether used for visiting guests, extended family, or a creative workspace overlooking the water, the space functions almost as a residence within the home.
Outdoors, the property embraces its waterfront setting. Terraces and covered outdoor areas extend the living spaces into the fresh coastal air, creating natural places to dine, gather, or simply watch the harbor activity unfold. A private dock allows direct access to the water, making boating, kayaking, and paddleboarding part of everyday life. The property also includes a detached garage and off-street parking, an uncommon convenience in the historic Borough. Perhaps most remarkable is the home's location along Water Street, the village's iconic waterfront corridor. From the front door, it is an easy walk to the restaurants, cafés, galleries, and boutiques that give Stonington Borough its distinctive character. The harbor lighthouse, duBois Beach, and the town docks are all just moments away, creating a lifestyle defined by walkability, coastal scenery, and an enduring sense of place.
In Stonington Borough, homes are not simply addresses... they become part of the village's long maritime story. At 88 Water Street, that story continues at the water's edge.
Listing Office: Serhant Connecticut LLC
Last Updated: March - 25 - 2026
Listing information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision. Greenwich Multiple Listing Service, Inc.