Listed price in listed location currency (USD).
$1,995,000

340

MLS® 24167756

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 7389 sqft
Garage 
Taxes $18,100
Days Active 66
Lot Size 0.09 Acres
Approx. Age 1856
Avg. Price Per Sqft $269
MLS® Number 24167756

Property Address: 145 Water St, Stonington, CT, 06378-1364

Average square foot calculated using Size range provided by listing agent.

Description

The Trumbull Building at 145 Water Street offers a new chapter for this historic asset. Given its storied past and strategic location in "The Borough, " this building has a prestigious artistic pedigree with untapped commercial potential. Own a piece of Stonington's cultural soul. Known historically as the Trumbull Building and the longtime creative sanctuary of world-renowned female photographer Rollie McKenna, this 7, 000+ sq. ft. mixed-use masterpiece is the ultimate cornerstone for a visionary investor. Nestled in the heart of "The Borough, " the property offers a rare combination of high-ceilinged commercial grandeur and storied residential lofts. The Street Level: Currently configured for flexible commercial use (historically three separate galleries), the first floor is a prime candidate for a destination restaurant or flagship retail. With soaring potential, two electrical meters, and a rear private courtyard ideal for an outdoor sculpture garden or al fresco dining, the possibilities for revenue sharing and partnership are boundless. The Lofts: The upper floors house two distinct residential units. The front apartment features magnificent built-in library shelving and light-filled lofts, while the rear apartment preserves the authentic atmosphere of Rollie McKenna's original studio, complete with a functional galley kitchen and private loft space. While the building's 1856 "Vernacular Classical Revival" architecture is timeless, the interior serves as a blank canvas, for modern luxury. Whether you choose to gut and reconfigure the mechanicals for maximum efficiency-including a potential basement excavation to further enhance first-floor ceiling heights-or restore the artistic suites to their mid-century glory, 145 Water Street is the most versatile investment in New London County. Walk to the harbor, dine in the village, and own the building where 20th-century literary and artistic history was captured.
MLS® Number24167756
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1856
BasementCrawl Space
Driveway
Garage Spaces
HeatElectric, Oil, Hot Air, Radiant
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Apr 17, 2026List Date
$1,995,000List Price
-End Date
Not Sold YetSold Price

Other

Apr 17, 2026List Date
$1,995,000List Price

Home Appraisal

This property is estimated to sell between: $1,528,000 and $2,229,000.
Similar properties in this area sold on average for: $1,528,000
Expected to sell in 10 days. Similar properties sold in 76 days. This home has been on eXp Realty for 66 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
145 Water St, Stonington, CT

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