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$995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 6 days ago
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Expansive Water Views of Fishers Island and an Unbeatable Location in a Quiet Section of Stonington Borough! Located just one block from the Velvet Mill, enjoy a quick stroll to the Farmers Market, local restaurants, boutique shops, marinas, tennis courts and the beach - capturing the very best of coastal living. Currently enjoyed as a spacious single-family residence, this legally designated two-family property offers exceptional versatility to suit a variety of needs. Set on an oversized corner lot, the home features ample parking, a newer roof, windows and siding, along with gorgeous wood floors, detailed trim, and timeless architectural character. The private fenced in yard is a peaceful retreat with professionally landscaped gardens and an outdoor shower-perfect after a day at the beach. Whether you choose to continue enjoying first floor living as a single-family home, create an in-law set up, or take advantage of its two-family income potential, the possibilities here are truly endless! Classic New England living at its finest---inviting, flexible and ideally located!

Full Property Details for 5 South St

General

  • Price: $995,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24172248
  • Updated: 5/7/2026
  • Added to Site: 6 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Basement Hook-Up(s), Common Laundry Area

Exterior

  • Exterior Features: Grill, Sidewalk, Gutters, Garden Area, Lighting, Covered Deck, Stone Wall, Patio
  • Color: White

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 8
  • Parking: Detached Garage, Off Street Parking, Driveway

Location

  • County: New London
  • Neighborhood: Stonington Borough
  • Driving Directions: GPS Friendly- Elm to Bayview, past Velvet Mill right on Elihu; Corner house on Elihu and South St

School Information

  • Elementary School: Deans Mill
  • High School: Stonington

Community

  • Community Name: Stonington Borough

Heating & Cooling

  • Cooling Type: Ceiling Fans, Window Unit
  • Heating Type: Hot Water, Zoned, Oil
  • Heating Fuel: Oil
  • Water Heater: Oil, Domestic

Utilities

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

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Storage, Interior Access, Full With Hatchway
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 1,934
  • Above Ground: 1,934 Sq. Ft.
  • Year Built: 1900

Unit Information

Unit 1

  • Square Feet: 806
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 1128
  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.12
  • Driveway/Sidewalk: Paved, Crushed Stone
  • Zoning: RM-20
  • Lot Description: Corner Lot, Level Lot, Water View

Water Features

  • Water Front Desc.: Walk to Water, Water Community, Harbor, View

Green Features

  • Energy Features: Thermopane Windows

Financial Considerations

  • Assessment Amount: $290,200
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 2078243

Listed by Malek Real Estate, Kimberly Malek

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Listing agent

— 5 South St —

  • Kimberly Malek

    Malek Real Estate

Agent Contact: (860) 639-9112 Office Contact: (860) 639-9112

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 5 South St

School District:Stonington School District
NameGradesDistance
Deans Mill School
35 Deans Mill Road, Stonington, CT 06378
K-52.2 mi
Stonington Middle School
204 Mistuxet Avenue, Stonington, CT 06355
6-82.8 mi
Stonington High School
176 South Broad St., Stonington, CT 06379
9-122.8 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 5 South St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$995,000
278.1%
MLS
12/09/2002
Sold
$263,157
—
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 5 South St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,904
4%
$290,200
—
2023
$5,659
-1%
$290,200
—
2023
$5,702
9%
$290,200
48%
2022
$5,212
-1%
$195,500
—
2021
$5,249
2%
$195,500
—
2020
$5,153
—
$195,500
—
2019
$5,153
3%
$195,500
—
2018
$5,001
7%
$195,500
8%
2017
$4,686
3%
$181,400
—
2016
$4,555
5%
$181,400
—
2015
$4,357
5%
$181,400
—
2014
$4,160
2%
$181,400
—
2011
$4,060
—
$181,400
—
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.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Malek Real Estate, Kimberly Malek

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5 South Street, Stonington, CT 06378 (MLS# 24172248) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 5 South Street is currently listed for $995,000 and was received on May 07, 2026. Want to learn more about 5 South Street? Do you have questions about finding other Multi-Family real estate for sale in Stonington Village? You can browse all Stonington Village real estate or contact a Coldwell Banker agent to request more information.

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