Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,195,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,314 Sq. Ft.
  • 1 Car Garage

Next open house:

Open House: 1:30 PM - 3:30 PM

Saturday 10/10 1:30 PM - 3:30 PM

15-1/2 Water Street #4,Groton, CT 06355

15-1/2 Water Street #4GrotonCT06355

Get directions
See This Home
Save This Home
See This Home
Save This Home
Direct Waterfront One Level Condo with Un-Obstructed Water Views of the Mystic River. This 2 Bedroom, 2 Full Bath condo is located in one of the most Iconic Buildings in all of Mystic. "The Power House" turn of the Century Stately Water Front Building in Historic Downtown Mystic. Enjoy one-level living at its best. Includes 1 private parking space in the covered garage and access to the private outside parking lot as well. Watch the mesmeric boat traffic on the Mystic River from your 14' Balcony and enjoy the waterfront seating area with picnic table for outdoor gatherings. Efficient heat pump heating system with central air. First floor unit accessed by elevator. Adjacent to Deep Water Marina and stroll to fine restaurants, SIFT Bakery, Resort Shopping and Seaside Cafes. Live a Dream in Historic Downtown Mystic.

Full Property Details for 151/2 Water St #4

General

  • Price: $1,195,000
  • HOA FEE: $610/month
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Condo
  • Source: SMARTMLS
  • MLS ID: 24198104
  • Updated: 9/15/2026
  • Added to Site: 58 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Cable - Available
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Primary Bath - Stall, 6 x 9, Main
  • Full Bath: Stall Shower, 5 x 7, Main

Bedrooms

  • Total Bedrooms: 2
  • Primary Suite: Balcony/Deck, Bedroom Suite, Full Bath, Walk-In Close, 18 x 15, Main
  • Bedroom 1: Bedroom - Hardwood Floor, 14 x 10, Main

Other Rooms

  • Living Room: Living Room - Balcony/Deck, Combination Liv/Din Rm, Dining Area, Sliders, Hardwood Floor, 11 x 16, Main
  • Kitchen: Kitchen - Breakfast Bar, Granite Counters, Double-Sink, Hardwood Floor, 16 x 12, Main
  • Dining Room: Dining Room - Balcony/Deck, Combination Liv/Din Rm, Sliders, Hardwood Floor, 11 x 11, Main
  • Laundry: Main Level

Additional Information

  • Shared Amenities: Elevator, Guest Parking, Security Services

Exterior

  • Exterior Features: Balcony, Sidewalk, Lighting

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking: Under House Garage, Assigned Parking

Location

  • County: New London
  • Neighborhood: Mystic
  • Complex: Power House
  • Driving Directions: Water Street to the Power House Condominiums.

School Information

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Fitch Senior

Community

  • Community Name: Mystic
  • Association: Yes
  • Home Owners Assn.: 1
  • Assoc. Fees Include: Security Service, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Flood Insurance
  • Pet Restrictions: With restrictions

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump, Electric
  • Heating Fuel: Electric
  • Water Heater: Domestic

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Ranch
  • Construction Status: No/Resale
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Unit on End: Yes
  • Square Feet: 1,314
  • Above Ground: 1,314 Sq. Ft.
  • Year Built: 1830

Lot Features

  • Zoning: MDD
  • Lot Description: Level Lot, Water View

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: River, Walk to Water, Water Community, View, Access

Financial Considerations

  • Association Fee: $610
  • Assoc Fee Freq.: Monthly
  • Annual Sewer Fee: $450
  • Assessment Amount: $461,510
  • Sewer Assmt: Sewer usage charge i
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Flood Zone: Yes
  • Property ID: 2239668

Listed by William Pitt Sotheby's Int'l, Judith Caracausa

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 151/2 Water St #4 —

  • Judith Caracausa

    William Pitt Sotheby's Int'l

Agent Contact: (860) 912-9903 Office Contact: (860) 536-5900

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 151/2 Water St #4

School District:Groton School District
NameGradesDistance
Mystic River Magnet School
160 Fish Town Rd, Stonington, CT 06355
PK-51.5 mi
Groton Middle School
35 Groton Long Point Road, Groton, CT 06340
6-82.2 mi
Fitch Senior High School
101 Groton Long Point Road, Groton, CT 06340
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 151/2 Water St #4 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/11/2026
Listed
$1,195,000
128.93%
MLS
6/17/2015
Sold
$522,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 151/2 Water St #4

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,562
8%
$461,510
—
2023
$11,670
4%
$461,510
—
2023
$11,217
2%
$461,510
—
2022
$10,972
22%
$461,510
44%
2021
$9,014
1%
$319,970
—
2020
$8,940
5%
$319,970
—
2019
$8,553
1%
$319,970
—
2018
$8,450
2%
$319,970
—
2017
$8,294
15%
$319,970
6%
2016
$7,226
3%
$300,580
—
2015
$6,985
2%
$300,580
—
2014
$6,820
-1%
$300,580
—
2011
$6,877
—
$300,580
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 151/2 Water St #4

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by William Pitt Sotheby's Int'l, Judith Caracausa

Similar Properties near 151/2 Water St #4

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7 Gravel St, Groton, CT 06355 - Photo 1
$1,349,000

7 Gravel St  #1  Groton, CT 06355

  • Condo
  • Active
  • 3
    Beds
  • 2
    Total Baths
  • 2,338
    Sq. Ft.
Listed by William Pitt Sotheby's Int'l

Just Listed near 151/2 Water St #4

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

65 Westridge Rd, New London, CT 06320 - Photo 1 Just Listed
$182,000

65 Westridge Rd  #D5  New London, CT 06320

  • Condo
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,050
    Sq. Ft.
Listed by William Pitt Sotheby's Int'l
194-196 Jefferson Ave, New London, CT 06320 - Photo 1 Just Listed
$399,999

194-196 Jefferson Ave  New London, CT 06320

  • Multi-Family
  • Active
  • Updated 5 days ago
  • 6
    Total Beds
Listed by Real Broker CT, LLC
97 & 107 Green St, New London, CT 06320 - Photo 1 Just Listed
$695,000

97 & 107 Green St  New London, CT 06320

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 4
    Total Beds
Listed by Horvath & Tremblay
153 Bank St, New London, CT 06320 - Photo 1 Just Listed
$15

153 Bank St  New London, CT 06320

  • Commercial Lease
  • Active
Listed by U.S. Properties Real Estate Services, LLC

Price Reduced near 151/2 Water St #4

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

461 Bank St, New London, CT 06320 - Photo 1 Price Reduced
-$5,000 (-1.7%)
$289,000

461 Bank St  #706  New London, CT 06320

  • High Rise Apartment
  • Active
  • Updated 2 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 827
    Sq. Ft.
Listed by William Raveis Real Estate
292 Pequot Ave, New London, CT 06320 - Photo 1 Price Reduced
-$10,000 (-2.99%)
$325,000

292 Pequot Ave  #D2  New London, CT 06320

  • Apartment
  • Active
  • Updated 2 hours ago
  • 1
    Bed
  • 1
    Total Bath
  • 934
    Sq. Ft.
Listed by RE/MAX Legends
1092 Ocean Ave, New London, CT 06320 - Photo 1 Price Reduced
-$5,900 (-0.87%)
$669,000
Open House

1092 Ocean Ave  New London, CT 06320

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,339
    Sq. Ft.
Listed by RE/MAX One
29 Miner Ave, Waterford, CT 06385 - Photo 1 Price Reduced
-$16,000 (-4.16%)
$369,000

29 Miner Ave  Waterford, CT 06385

  • Single Family
  • Active
  • Updated 23 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,454
    Sq. Ft.
Listed by Mia Berube (860) 917-1991

Recent Sales near 151/2 Water St #4

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

8 Pearl St, Groton, CT 06355 - Photo 1 Sold
$1,165,000

8 Pearl St  Groton, CT 06355

  • Single Family
  • Closed
  • 6
    Beds
  • 2
    Total Baths
  • 2,400
    Sq. Ft.
Listed by William Raveis Real Estate
Sold by William Pitt Sotheby's Int'l
2 Elm St, Groton, CT 06355 - Photo 1 Sold
$1,210,000

2 Elm St  Groton, CT 06355

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,953
    Sq. Ft.
Listed by William Pitt Sotheby's Int'l
Sold by RE/MAX Legends
2 Ashby St, Groton, CT 06355 - Photo 1 Sold
$1,325,000

2 Ashby St  Groton, CT 06355

  • Single Family
  • Closed
  • Updated 7 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 2,598
    Sq. Ft.
Listed by CENTURY 21 Shutters & Sails
Sold by Berkshire Hathaway NE Prop.
5 Eldridge St, Groton, CT 06355 - Photo 1 Sold
$1,250,000

5 Eldridge St  Groton, CT 06355

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,416
    Sq. Ft.
Listed by Compass Connecticut, LLC
Sold by William Pitt Sotheby's Int'l

15-1/2 Water Street #4, Groton, CT 06355 (MLS# 24198104) is a Condo property with 2 bedrooms and 2 full bathrooms. 15-1/2 Water Street #4 is currently listed for $1,195,000 and was received on August 11, 2026. Want to learn more about 15-1/2 Water Street #4? Do you have questions about finding other Condo real estate for sale in Mystic? You can browse all Mystic real estate or contact a Coldwell Banker agent to request more information.

Tour this property