• 6 days on site
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Positioned on the highly desirable corridor connecting historic downtown Mystic and Stonington, this undeveloped parcel offers a rare canvas for a landmark project. Location is key here- land with this level of visibility and proximity to Mystic's booming tourism, dining, and retail hub is virtually non-existent. A Proven Head Start. Phases 1 & 2 of environmental studies are complete, leaving only Phase 3 approvals to be finalized by the incoming developer. While the parcel contains some wetlands, the path to unlocking its full potential is clear: with the completion of Phase 3 and a standard strategy to fill and raise the site, this property will be fully primed for construction. Ideal for mixed-use or condominiums. The ongoing demand for both housing and premium commercial space in the Mystic market, the site's footprint is highly versatile. It is an idea match for luxury condominiums, tapping into the high-end coastal residential market. OR commercial retail, dining, or office spaces with upscale apartments. Seize the chance to shape the future of the Mystic-Stonington line. Bring your vision to a high-demand, high-yield location and take Phase 3 across the finish line.

Source: Smart MLS, MLS#: 24186614

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  • Property Type
    Land
  • Lot
    7.23 acres

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Craig Milton

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 16-20 Stonington Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: Smart MLS Added to Database
June 24, 2026
Listing provided courtesy of Serhant Connecticut, LLC- MLS# 24186614MLS ProviderContact Information: (860) 917-6016