8-1/2 Prospect Street - Groton, CT

$1,495,000

Beds

3.00

Baths

3,463

SqFt

0.61

Acres

Pricing Insight: Originally listed for $1,495,000, the price has remained unchanged for approximately 10 days. This property has been on the market for approximately 10 days.

8-1/2 Prospect Street, Groton, CT is a 4-bed, 3-bath, 3,463 square foot home built in 1962 , featuring cape cod architecture.

This home is within the Groton school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24187198

Offered Price: $1,495,000

Residence Type: Single Family

Architectural Style: Cape Cod

Living Area: 3,463 Sq. Ft.

Lot Size: 0.61 Acres

Neighborhood: Mystic

County: New London

Year Built: 1962

Design & Construction: Frame

Heating: Hot Water

Cooling: Split System

Garage Spaces: 2

Price per Sq Ft as listed: $432

Estimated Tax: $17,238

Days on Market: 10

$1,395,000

4 Beds · 4 Baths · 3,869 Sq Ft

10 Prospect Street, Groton

$1,450,000

4 Beds · 3 Baths · 2,786 Sq Ft

8 Mystic Avenue, Groton

$865,000

3 Beds · 2 Baths · 1,512 Sq Ft

181 Ocean View Avenue, Groton

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Oil

Fuel Type: Hot Water

Fuel Tank Location: Above Ground

Cooling System: Split System

Hot Water System: Domestic

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $432 / Sq. Ft.

Tax assessed value: $633,290

Estimated Tax: $17,238

Architectural Style: Cape Cod

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1962

Living Area: 3,463 Sq. Ft.

Lot Size: 0.61 Acres

Fuel: Oil

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in Groton
Statistical modeling algorithms

Local Market Context

Active Listings: 94

Average Price: $709,542

Average DOM: 10 days

Complimentary CMAs, no obligation

Rare Find. Perfectly positioned in one of the most desirable neighborhoods in Mystic. This classic Cape offers an opportunity to enjoy timeless New England living just moments from Historic Downtown Mystic, world-class marinas, celebrated restaurants, boutique shopping, and convenient I-95 access. Privately set on .61 beautifully manicured acres with mature landscaping and an inviting in-ground pool, this cherished 4 Bedroom, 2 and 1/2 Bath 3,463 square foot residence has been lovingly maintained by the same family for more than four decades. Designed with comfort and flexibility in mind, the home features the best of ONE-LEVEL living with two bedrooms located on the main floor, while the second level offers two additional bedrooms perfect for guests, extended family, or private office space. Also offers 3 Fireplaces. 2 Propane and One Classic Wood. Warm and welcoming interiors offer generous living spaces, quality craftsmanship, and a layout ideal for both relaxed everyday living and entertaining. An attached two-car garage, expansive manicured yard, and peaceful setting further enhance the appeal of this exceptional property. An iconic Mystic location combined with privacy, convenience, and enduring charm make this a truly special offering in one of coastal Connecticut's most sought-after destinations.

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Flood Risk Assessment

Location Analysis:

Inland Groton location

Water Proximity:

No direct water access

Topography:

Standard terrain • 0.6 acres

Recommendations:

Consult FEMA Flood Maps for accurate zone info
Consider flood insurance based on professional assessment
Evaluate property drainage during inspection
Review local flood history with town officials

Risk Level: Low

Minimal flood risk indicators. Verify with FEMA flood maps.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

94

Homes For Sale

$709,542

Average List Price

Mechanicals & Utilities: Hot Water • Oil • Split System • Public Water Connected,Private Well water • 3 fireplaces

Exterior Features

Exterior Construction: Shingle,Cedar

Roof Type: Asphalt Shingle

Foundation: Concrete

Driveway: Private,Asphalt

Garage: Attached Garage,Paved,Off Street Parking,Driveway (2 car)

Parking: 3 Total

Patio/Deck: Deck

Pool: Vinyl,In Ground Pool

Utilities: Water: Public Water Connected,Private Well

Only motif connects you to a certified
"Local Market Expert"

George Antonopoulos

Real Estate Advisor

Groton • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(800) 555-0001

george@appzentric.com

Good afternoon George, I'm interested in
8-1/2 Prospect Street, Groton, Connecticut

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