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$2,200,000 Just Listed
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Property Description
Nestled in the heart of Mystic's Historic District, The Captain William Morgan House presents a rare opportunity to own one of the village's most distinguished income-producing properties. Set on nearly a half-acre just moments from downtown Mystic, the Mystic River, restaurants, shops, galleries, and marinas, this circa-1852 Greek Revival sea captain's residence blends historic character with exceptional flexibility. The property includes three structures: the main residence, a two-suite carriage house, and a climate-controlled artist studio, creating a unique compound ideal for hospitality, extended living, creative use, or investment. Currently operating as a proven short-term rental with documented income history and established legal non-conforming status, 26 Pearl Street offers both lifestyle and financial appeal. Original architectural details, inviting outdoor spaces, private gardens, brick patios, and water-adjacent village charm make this one of Mystic's most compelling offerings. A rare setting, a protected use, and a location that places guests and owners just steps from the very best of Mystic. Ask your agent for the detailed Offering Memorandum.
Full Property Details
Full Property Details for 26 Pearl St
General
- Price: $2,200,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Single Family
- Source: SMARTMLS
- MLS ID: 24180353
- Updated: Today (6/3/2026)
- Added to Site: Today
Interior
- Number of Rooms: 15
- Fireplace: Yes
- Number of Fireplaces: 3
- Appliances: Electric Cooktop, Wall Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
- Primary Bedroom: Primary Bedroom - Wall/Wall Carpet, 15 x 14, Upper
- Bedroom 1: Bedroom, Main
- Bedroom 2: Bedroom, Main
- Bedroom 3: Bedroom, 10 x 8, Upper
- Bedroom 4: Bedroom, 15 x 11, Upper
- Bedroom 5: Bedroom, 17 x 15, Upper
Other Rooms
- Living Room: Living Room - Built-Ins, Ceiling Fan, Gas Log Fireplace, Wide Board Floor, 23 x 18, Main
- Kitchen: Kitchen - Granite Counters, Dining Area, Double-Sink, Island, Wide Board Floor, 24 x 14, Main
- Dining Room: Dining Room - Wide Board Floor, 17 x 15, Main
- Laundry: Main Level
- In-Law/Au Pair Suite: Yes
Exterior
- Exterior Features: Shed, Gutters, Guest House, Covered Deck, Patio
- Color: Beige
Parking
- Total Spaces: 3
- Parking: Driveway
Location
- County: New London
- Neighborhood: Mystic
- Driving Directions: I-95 Exit 90 to Mystic; follow Rt 27 to Main St, cross the drawbridge into downtown. Pearl St is just off Main St.
School Information
- Elementary School: Northeast Academy
- High School: Fitch Senior
Community
- Community Name: Mystic
Heating & Cooling
- Cooling Type: Ceiling Fans, Split System, Wall Unit, Window Unit
- Heating Type: Hot Air, Wall Unit, Electric, Oil, Propane
- Heating Fuel: Electric, Oil, Propane
- Water Heater: Domestic
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Antique, Other
- Construction Status: No/Resale
- Exterior Const.: Wood
- Basement Desc.: Full, Unfinished, Storage, Interior Access, Concrete Floor, Full With Hatchway
- Roof: Shingle
- Attic: Yes
- Square Feet: 3,131
- Above Ground: 3,131 Sq. Ft.
- Year Built: 1852
Lot Features
- Lot Size (Acres): 0.44
- Driveway/Sidewalk: Private, Gravel
- Zoning: R-7
- Lot Description: Level Lot, Historic District
Water Features
- Water Front Desc.: Walk to Water, Water Community
Financial Considerations
- Assessment Amount: $642,390
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Flood Zone: Yes
- Property ID: 1960758
Listed by Seaport Real Estate Services, Tim Bray
Get Pre-Approved Today
Schools
Schools serving 26 Pearl St
School District:Groton School District
| Name | Grades | Distance |
|---|---|---|
Northeast Academy Elementary School 115 Oslo Street, Stonington, CT 06355 | PK-5 | 2 mi |
Groton Middle School 35 Groton Long Point Road, Groton, CT 06340 | 6-8 | 2.3 mi |
Fitch Senior High School 101 Groton Long Point Road, Groton, CT 06340 | 9-12 | 2.5 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 26 Pearl St
Date
Details
Price
Change
Source
6/03/2026
Listed
$2,200,000
—
MLS
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
Tax History for 26 Pearl St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,486
8%
$642,390
—
2023
$16,243
4%
$642,390
—
2023
$15,614
6%
$642,390
3%
2022
$14,781
22%
$621,740
45%
2021
$12,109
1%
$429,870
—
2020
$12,011
5%
$429,870
—
2019
$11,490
2%
$429,870
1%
2018
$11,275
2%
$426,930
—
2017
$11,066
2%
$426,930
-5%
2016
$10,857
3%
$451,640
—
2015
$10,496
2%
$451,640
—
2014
$10,248
-1%
$451,640
—
2011
$10,334
—
$451,640
—
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
Estimate the Cost for 26 Pearl St
26 Pearl Street, Groton, CT 06355 (MLS# 24180353) is a Single Family property with 6 bedrooms and 4 full bathrooms. 26 Pearl Street is currently listed for $2,200,000 and was received on June 03, 2026. Want to learn more about 26 Pearl Street? Do you have questions about finding other Single Family real estate for sale in Mystic? You can browse all Mystic real estate or contact a Coldwell Banker agent to request more information.

