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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.
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    Zillow last checked: 8 hours ago

    Listing updated: January 05, 2026 at 02:22pm

    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

    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%

    Find assessor info on the county website

    BuyAbility℠ 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.

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    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 06355

    Nearby schools

    GreatSchools rating

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