Seller's Agent in 2023
Lori Joyal
Compass Connecticut, LLC
(401) 742-1225
12 in this area
217 Total Sales
5 Water St Stonington, CT 06378
Estimated Value: $4,758,000 - $7,981,000
7
Beds
8
Baths
7,475
Sq Ft
$921/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Wine Cellar
- Heated In Ground Pool
- Stonington Middle School Rated A-
- 24-Hour Security
- Sub-Zero Refrigerator
About This Home
As of October 2023The Point House in Stonington, which was originally built in 1908 by the Army Corps of Engineers for the lighthouse keeper, sits in front of the Stonington Lighthouse with 270 degree water views, offering vistas of Fishers Island, Watch Hill and even to Montauk and Block Island. The house and gardens are in immaculate condition, having been constructed in its current form in 2002 by Architect Oliver Cope and landscape design by Peter Cummin, followed by a complete interior overhaul by world-renowned architect Peter Marino in 2008 to resemble the Sardinian Yacht Club Costa Esmeralda, which Marino designed and restyled in 2003. The great living room features 17 tall windows and has a 15 ft ceiling with water views East, South and West. The Point House has three wood-burning fire places, a heated swimming pool, beautiful stone terraces, a 3 car garage, 7 bedrooms, a wine cellar, steam room, and an amazing kitchen/family room. This last house on Water Street on Stonington Point is a quick walk from the charming and historic town of Stonington and from its own dock, protected by breakwaters, it is just a few minutes by tender to reach the house’s own deep water mooring in Stonington Harbor. Offered for the first time in almost 30 years, the Point House is a rare and spectacular offering that is a must see for anyone looking for a top New England waterfront home with exquisite style and luxury, ideal for family living, watersports and entertaining.
Last Agent to Sell the Property
Compass Connecticut, LLC License #REB.0758114 Listed on: 03/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $52,939
Year Built
- Built in 1908
Lot Details
- 0.56 Acre Lot
- Property Fronts a Bay or Harbor
- Stone Wall
- Sprinkler System
- Cleared Lot
- Garden
Home Design
- Stone Foundation
- Wood Shingle Roof
- Wood Siding
Interior Spaces
- Open Floorplan
- Entertainment System
- 1 Fireplace
- French Doors
- Entrance Foyer
- Wine Cellar
- Sitting Room
- Home Gym
- Water Views
- Pull Down Stairs to Attic
Kitchen
- Built-In Oven
- Gas Cooktop
- Microwave
- Sub-Zero Refrigerator
- Ice Maker
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- Maid or Guest Quarters
Laundry
- Laundry Room
- Laundry on lower level
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Home Security
- Home Security System
- Smart Lights or Controls
- Smart Thermostat
Parking
- 3 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
- Private Driveway
Eco-Friendly Details
- Energy-Efficient Lighting
Pool
- Heated In Ground Pool
- Gunite Pool
- Saltwater Pool
Outdoor Features
- Balcony
- Deck
- Patio
- Outdoor Grill
- Porch
Schools
- Deans Mill Elementary School
- Stonington High School
Utilities
- Central Air
- Heating System Uses Oil
- Hydro-Air Heating System
- Heating System Uses Oil Above Ground
- Bottled Gas Heating
- Propane Water Heater
- Oil Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2023
Closed on
Sep 30, 2023
Sold by
Ajr 2012 Ret and Roepers
Bought by
Katz Robert and Hyde Mary
Seller's Agent
Lori Joyal
Compass Connecticut, LLC
Buyer's Agent
Serene O'Connor
Residential Properties Ltd.
List Price
$7,950,000
Sold Price
$7,500,000
Premium/Discount to List
-$450,000
-5.66%
Views
733
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
-$614,316
Avg. Annual Appreciation
-3.90%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Katz Robert | $7,500,000 | None Available | |
| Katz Robert | $7,500,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2023 10/11/23 | Sold | $7,500,000 | -5.7% | $1,003 / Sq Ft |
| 06/02/2023 06/02/23 | Pending | -- | -- | -- |
| 03/01/2023 03/01/23 | For Sale | $7,950,000 | -- | $1,064 / 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 | $52,508 | $2,581,000 | $1,307,100 | $1,273,900 |
| 2024 | $52,535 | $2,694,100 | $1,307,100 | $1,387,000 |
| 2023 | $52,939 | $2,694,100 | $1,307,100 | $1,387,000 |
| 2022 | $51,019 | $1,913,700 | $784,500 | $1,129,200 |
| 2021 | $51,383 | $1,913,700 | $784,500 | $1,129,200 |
| 2020 | $50,445 | $1,913,700 | $784,500 | $1,129,200 |
| 2019 | $50,445 | $1,913,700 | $784,500 | $1,129,200 |
| 2018 | $48,952 | $1,913,700 | $784,500 | $1,129,200 |
| 2017 | $42,217 | $1,634,400 | $679,900 | $954,500 |
| 2016 | $41,040 | $1,634,400 | $679,900 | $954,500 |
| 2015 | $39,258 | $1,634,400 | $679,900 | $954,500 |
| 2014 | $37,477 | $1,634,400 | $679,900 | $954,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Joyal
-
Serene O'Connor
S
Buyer's Agent in 2023
Serene O'Connor
Residential Properties Ltd.
(860) 857-6101
3 in this area
11 Total Sales
Map
Source: SmartMLS
MLS Number: 170553023
APN: STON-000102-000005-000014
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