Seller's Agent in 2018
Tim Bray
Seaport Real Estate Services
(860) 912-7137
3 in this area
61 Total Sales
40 Salt Acres Rd Unit 44 Stonington, CT 06378
Estimated Value: $3,263,000 - $6,066,834
6
Beds
5.5
Baths
7,530
Sq Ft
$620/Sq Ft
Est. Value
Highlights
- Beach Front
- Detached Guest House
- Wine Cellar
- Stonington Middle School Rated A-
- Tennis Courts
- Heated In Ground Pool
About This Home
As of June 2018The crown Jewel of the region, 40 Salt acres is a lifestyle property with panoramic oceanfront views of Napatree Point, Elihu Island, Watch Hill, Fisher’s Island and the Village of Stonington. Adorned with nearly 2400 feet of pristine coastline, 400 feet of sandy beach, 2 moorings, and a 450-foot breakwater pier and dock. This extremely private 8.75 acre waterfront estate offers the impression of an island yet located just steps from high end restaurants and shops. Nearly four acres are held in conservation.
This commanding compound includes a remarkable MAIN HOUSE and GUEST HOUSE embodying more than 9000 square feet of living space perched high above the flood zone. Well-appointed features include unobstructed water-views from almost every room, a 30’x60’ heated salt water pool, 55’ x 110’ tennis court, gently sloping manicured grounds with magnificent gardens as seen in CT Home & Garden, Yankee Magazine, House Beautiful, & Gardens Private & Personal.
***Ask your agent for a property packet highlighting this property and answers to the most commonly asked questions.***
Last Agent to Sell the Property
Seaport Real Estate Services License #REB.0792544 Listed on: 02/09/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $75,214
Year Built
- Built in 1860
Lot Details
- 8.79 Acre Lot
- Beach Front
- Stone Wall
- Fruit Trees
- Garden
- Property is zoned RR-80
Home Design
- Victorian Architecture
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 7,530 Sq Ft Home
- 2 Fireplaces
- French Doors
- Wine Cellar
- Workshop
- Solarium
- Heated Enclosed Porch
Kitchen
- Built-In Oven
- Gas Range
- Sub-Zero Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- Maid or Guest Quarters
Laundry
- Laundry Room
- Laundry on upper level
Attic
- Walkup Attic
- Finished Attic
Basement
- Walk-Out Basement
- Partial Basement
Parking
- 3 Car Detached Garage
- Circular Driveway
Pool
- Heated In Ground Pool
- Saltwater Pool
- Vinyl Pool
- Fence Around Pool
Outdoor Features
- Tennis Courts
- Breezeway
Schools
- Deans Mill Elementary School
- Stonington Middle School
- Stonington High School
Utilities
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- Propane Water Heater
- Cable TV Available
Additional Features
- Detached Guest House
- Property is near a golf course
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2018
Closed on
Jun 18, 2018
Sold by
Ocallahan Louise
Bought by
40 Salt Acres Llc
Seller's Agent
Tim Bray
Seaport Real Estate Services
Buyer's Agent
Iris Meyer
William Raveis Real Estate
List Price
$4,500,000
Sold Price
$3,500,000
Premium/Discount to List
-$1,000,000
-22.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164,917
Avg. Annual Appreciation
3.94%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 40 Salt Acres Llc | $900,630 | -- | |
| 40 Salt Acres Llc | $900,630 | -- | |
| 40 Salt Acres Llc | $2,599,369 | -- | |
| 40 Salt Acres Llc | $2,599,369 | -- | |
| 40 Salt Acres Llc | $900,630 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2018 06/18/18 | Sold | $3,500,000 | -10.3% | $465 / Sq Ft |
| 04/24/2018 04/24/18 | Pending | -- | -- | -- |
| 04/20/2018 04/20/18 | Price Changed | $3,900,000 | -13.3% | $518 / Sq Ft |
| 02/09/2018 02/09/18 | For Sale | $4,500,000 | -- | $598 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $74,795 | $3,676,500 | $1,620,500 | $2,056,000 |
| 2024 | $71,692 | $3,676,500 | $1,620,500 | $2,056,000 |
| 2023 | $72,243 | $3,676,500 | $1,620,500 | $2,056,000 |
| 2022 | $82,227 | $3,084,300 | $1,379,400 | $1,704,900 |
| 2021 | $82,813 | $3,084,300 | $1,379,400 | $1,704,900 |
| 2020 | $79,035 | $2,998,300 | $1,379,400 | $1,618,900 |
| 2019 | $79,035 | $2,998,300 | $1,379,400 | $1,618,900 |
| 2018 | $76,622 | $2,995,400 | $1,376,500 | $1,618,900 |
| 2017 | $85,862 | $3,324,100 | $1,601,300 | $1,722,800 |
| 2016 | $83,468 | $3,324,100 | $1,601,300 | $1,722,800 |
| 2015 | $79,845 | $3,324,100 | $1,601,300 | $1,722,800 |
| 2014 | $76,222 | $3,324,100 | $1,601,300 | $1,722,800 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Bray
-
Iris Meyer
Buyer's Agent in 2018
Iris Meyer
William Raveis Real Estate
(203) 530-7820
41 Total Sales
Map
Source: SmartMLS
MLS Number: 170046896
APN: STON-000078-000001-000001
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