NOT LISTED FOR SALE

38 E Shore Ave Groton, CT 06340

Estimated Value: $2,956,000 - $3,408,510

4 Beds
6 Baths
5,420 Sq Ft
$591/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $2,850,000 $526 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $21,923/month

20 Days on Market

Highlights

  • Wine Cellar
  • Waterfront
  • Colonial Architecture
  • Sub-Zero Refrigerator
  • Open Floorplan
  • Deck

About This Home

As of June 2024

A Groton Long Point gem! This exceptional custom-built home on direct waterfront in beautiful Groton Long Point is available for a quick close. Move in and enjoy the summer. The direct water views and access to Fishers Island Sound are unparalleled, and it's a boaters dream! Breathtaking water views are enjoyed from nearly every room of the house. A gracious estate home exuding a stately design of simplified elegance. Sophisticated, classic, timeless - the perfect balance between casual elegance and timeless luxury is found in this unique residence. Well-proportioned rooms, high end finishes, custom craftsmanship, and exceptional amenities define this luxurious 5 Bedroom home. A large chefs kitchen, home theater, amazing home offices, private master bedroom suite, elevator to all three floors, separate bedroom suite on the main floor, beautiful home theater, and SO much more! This is a once in a lifetime opportunity to own an exceptional custom-built home on direct waterfront in beautiful sought-after Groton Long Point.

Last Agent to Sell the Property

Nancy Budd

William Raveis Real Estate License #RES.0794584 Listed on: 04/05/2024

William Raveis Real Estate

Last Buyer's Agent

Thomas Switz

Switz Real Estate Associates License #REB.0757584

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,054

Year Built

  • Built in 2002

Lot Details

  • 11,761 Sq Ft Lot
  • Waterfront
  • Stone Wall
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Cedar Siding
  • Shake Siding
  • Steel Siding
  • Masonry

Interior Spaces

  • 5,420 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Central Vacuum
  • Entertainment System
  • Sound System
  • 3 Fireplaces
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Wine Cellar
  • Sitting Room
  • Home Gym
  • Basement Fills Entire Space Under The House

Kitchen

  • Indoor Grill
  • Gas Cooktop
  • Range Hood
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Smart Thermostat
  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Fitch Senior High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Tankless Water Heater

Additional Features

  • Energy-Efficient Lighting
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 1956560

Community Details

Overview

  • Association fees include club house, tennis, security service, trash pickup, road maintenance

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,054

Year Built

Built in 2002

Lot Details

0.27 Acres

Listing Details

  • Neighborhood: Groton Long Point
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 5420
  • Total Sq Ft: 5420
  • Year Built: 2002
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Bocci Court, Park, Playground/Tot Lot, Private School(s), Putting Green, Tennis Courts
  • Remarks Public Addendum: Breathtaking water views are enjoyed from nearly every room of the house. Start your mornings with gorgeous sunrises and in the evenings savor the calm brilliance of coastal sunsets. In any season, so many wonderful activities are there to be enjoyed within walking distance of your front door: boating, fishing, kayaking, paddle boarding, tennis, pickle ball, putting and chipping, sailing, water skiing, beach volleyball, swimming, dining or long walks along the beach are just a few of the activities enjoyed in this wonderful private community. An unparalleled lifestyle can be enjoyed in this gracious estate home exuding a stately design of simplified, elegance, sophisticated, classic and timeless, the perfect balance between casual elegance and timeless luxury is found in this unique custom built home located in coveted Groton Long Point This extraordinary waterfront residence is surrounded by beautiful, mature specimens plantings, and it's privy to a full Southern exposure. Custom-built stone walls and gracious terraces, and a dramatic wraparound IPE deck are all integrated as part of this home's noteworthy design and of course, focused on it's amazing waterfront views. The professional landscaping and architectural accents and details reflect a home that is nothing short of breathtaking. This is a once in a lifetime opportunity to own an exceptional custom-built home on direct waterfront in beautiful Groton Long Point. The direct water views and access to Fishers Island Sound are unparalleled, and it's a boaters dream! Welcome to Groton Long Point, a very special beach community with amenities that the entire family will enjoy and direct access to Long Island sound. This exceptional home offers amazing water views from every room and the sunrise and sunsets are spectacular! Conveniently located between Boston and New York, and minutes to historic downtown Mystic, Stonington, Borough, and Rhode Island beaches. Don't miss this opportunity to experience the beauty of Groton Long Point, and New England coastal living.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: No
  • Directions: Groton Long Point Road to East Shore
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Basement Description: Full
  • Interior Amenities: Audio System, Auto Garage Door Opener, Central Vacuum, Elevator, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Gas Range, Counter Grill, Range Hood, Subzero, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Exercise Room, Foyer, Laundry Room, Sitting Room, Wine Cellar
  • Laundry Room Info: Lower Level, Upper Level
  • Attic: No
  • Home Automation: Entertainment System, Lighting, Security System, Thermostat(s)

Exterior Features

  • Exterior Features: Porch-Wrap Around, Balcony, Deck, Gutters, Lighting, Stone Wall, French Doors, Underground Sprinkler
  • Exterior Siding: Shake, Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage Beach Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame, Masonry, Steel

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 8
  • Garage And Parking: Under House Garage, Paved, Driveway

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Security Service, Trash Pickup, Road Maintenance

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Programmable Thermostat, Ridge Vents, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.27
  • Lot Description: Corner Lot Borders Open Space Professionally Landscaped Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R
  • Parcel #: 1956560

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 63054

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 19, 2024
Sold by
Falcone James J Est and Falcone
Bought by
Lech Michael
Seller's Agent
Nancy Budd
William Raveis Real Estate
Buyer's Agent
Thomas Switz
Switz Real Estate Associates
List Price
$2,899,000
Sold Price
$2,850,000
Premium/Discount to List
-$49,000
-1.69%
Views
49
Current Estimated Value
$3,201,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,878
Avg. Annual Appreciation
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lech Michael $2,850,000 None Available
Lech Michael $2,850,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2024 06/25/24 Sold $2,850,000 -1.7% $526 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $2,899,000 -- $535 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $59,157 $2,100,000 $970,011 $1,129,989
2024 $64,293 $2,431,660 $1,069,509 $1,362,151
2023 $63,054 $2,473,660 $485,730 $1,987,930
2022 $61,866 $2,473,660 $485,730 $1,987,930
2021 $53,772 $1,785,840 $539,630 $1,246,210
2020 $52,981 $1,785,840 $539,630 $1,246,210
2019 $50,802 $1,785,840 $539,630 $1,246,210
2018 $49,789 $1,785,840 $539,630 $1,246,210
2017 $48,807 $1,785,840 $539,630 $1,246,210
2016 $53,035 $2,145,080 $596,330 $1,548,750
2015 $51,364 $2,145,080 $596,330 $1,548,750
2014 $49,712 $2,145,080 $596,330 $1,548,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24010269

SmartMLS

APN: GROT-002607-001047-008282

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