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Lot/land
  • $1,175,000

    28 Money Point Road, Stonington, CT 06355

    --beds
    --baths
    0.52Acres
    Unimproved Land
    Built in ----
    0.52 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Direct waterfront building lotNatural beautyPremier coastal setting
    Direct Waterfront Building Lot in Masons Island Private Association. Rare opportunity to purchase the only direct waterfront building lot currently available on The Island. Located within the Masons Island Private Association at the coveted southern end of the island, this .55 acre approved parcel offers approximately 250 feet of direct waterfront on Mystic River / Mystic Harbor, positioned at the entrance to the river with sweeping water views and a premier coastal setting. The property is fully approved and ready for development, including approved house plans for a 2,963 sq ft, three-bedroom residence, approved dock plans for a 33' Fixed Pier, 19' Gangway and 16' Float and, 305 feet of approved seawall/retaining wall plans. Water depth is approximately 3' at Mean Low Tide (MLT). An A-2 survey, architectural renderings, approvals, and prior perc test results are available for review-significantly reducing permitting timelines and offering a clear path to build. Surrounded by an enclave of fine homes, this magical island setting provides exceptional privacy, natural beauty, and close proximity to Mystic's renowned dining, shopping, marinas, and cultural attractions. Optional membership to the MI Yacht Club may be available; initiation and acceptance are not guaranteed. A truly exceptional and irreplaceable waterfront offering-build new in one of southeastern Connecticut's most exclusive and tightly held coastal communities, where opportunities like this are seldom available.
    92 days
    |
    705
    |
    23
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    Zillow last checked: 7 hours ago

    Listing updated: 23 hours ago

    Listed by:

    Judith Caracausa (860)912-9903,

    William Pitt Sotheby's Int'l 860-536-5900

    Source: Smart MLS,MLS#: 24145796MLS Logo

      Facts & features

      Interior

      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront, Pond, Beach, Water Community, Association Optional, Access
      • Frontage length: 341
      Lot
      • Size: 0.52 Acres
      • Features: Sloped, Approved Building Lot, Lot Staked, Suburban, In Flood Zone
      Details
      • Parcel number: 2075991
      • Zoning: RA-20

      Utilities & green energy

      • Sewer: Septic Needed
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Phone Available

      Community & HOA

      Community
      • Features: Gated
      • Subdivision: Masons Island
      HOA
      • Has HOA: No
      Location
      • Region: Mystic

      Financial & listing details

      • Tax assessed value: $360,500
      • Annual tax amount: $7,780
      • Date on market: 1/5/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        1/5/2026Listed for sale$1,175,000-5.9%
        Source: Smart MLS #24145796 Report a problem
        1/1/2026Listing removed$1,249,000
        Source: Smart MLS #24100106 Report a problem
        6/4/2025Listed for sale$1,249,000+101.5%
        Source: Smart MLS #24100106 Report a problem
        9/19/2023Sold$620,000+12.7%
        Source: Public Record Report a problem
        10/25/2021Sold$550,000-8.2%
        Source: Smart MLS #170372782 Report a problem
        8/3/2021Contingent$599,000
        Source: Smart MLS #170372782 Report a problem
        6/11/2021Price change$599,000-14.3%
        Source: Smart MLS #170372782 Report a problem
        5/14/2021Price change$699,000-6.2%
        Source: Smart MLS #170372782 Report a problem
        3/1/2021Listed for sale$745,000
        Source: Smart MLS #170372782 Report a problem
        12/2/2018Listing removed$745,000
        Source: William Pitt Sotheby's International Realty #N10239419 Report a problem
        6/29/2018Price change$745,000-6.3%
        Source: William Pitt Sotheby's International Realty #N10239419 Report a problem
        5/4/2018Price change$795,000-73.5%
        Source: William Pitt Sotheby's International Realty #N10239419 Report a problem
        3/7/2018Listed for sale$2,995,000
        Source: William Pitt Sotheby's International Realty #N10239419 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$7,780 +3.5%$360,500
        2024$7,516 +9.4%$360,500
        2023$6,868 -45.3%$360,500 -25.1%
        2022$12,550 +0.6%$481,600
        2021$12,481 +3%$481,600
        2020$12,117 +0.4%$481,600
        2019$12,069 +3.1%$481,600
        2018$11,708 -8.6%$481,600 -7.5%
        2017$12,810 +2.8%$520,500
        2016$12,461 +4.3%$520,500
        2015$11,945 $520,500

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 06355

        Getting around

        2 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 06355

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