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Back 28 Money Point Rd
Off Market

28 Money Point Rd

Mystic CT 06355

0.52 ac.
Land
Last sold for $1,125,000
Judith CaracausaJudith Caracausa, last sold this property on 02 June 2026 after 362 days on market.

Overview

Direct Waterfront Building Lot in Masons Island Private Association. Rare opportunity to purchase the only direct waterfront building lot currently available on The Island. Located within the Masons Island Private Association at the coveted southern end of the island, this .55 acre approved parcel offers approximately 250 feet of direct waterfront on Mystic River / Mystic Harbor, positioned at the entrance to the river with sweeping water views and a premier coastal setting. The property is fully approved and ready for development, including approved house plans for a 2,963 sq ft, three-bedroom residence, approved dock plans for a 33' Fixed Pier, 19' Gangway and 16' Float and, 305 feet of approved seawall/retaining wall plans. Water depth is approximately 3' at Mean Low Tide (MLT). An A-2 survey, architectural renderings, approvals, and prior perc test results are available for review-significantly reducing permitting timelines and offering a clear path to build. Surrounded by an enclave of fine homes, this magical island setting provides exceptional privacy, natural beauty, and close proximity to Mystic's renowned dining, shopping, marinas, and cultural attractions. Optional membership to the MI Yacht Club may be available; initiation and acceptance are not guaranteed. A truly exceptional and irreplaceable waterfront offering-build new in one of southeastern Connecticut's most exclusive and tightly held coastal communities, where opportunities like this are seldom available.

Features

0.52 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Mystic over the last 12 months, the estimated median property value of 28 Money Point Rd is $510k.

Median value
$510k
Estimated value range
$175k - $1.13m
Median days on market
145
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Mystic. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 28 Money Point Rd

2026
Sold
$1,125,000
02 Jun 2026 by Judith Caracausa, of William Pitt Sotheby's Int'l
2021
Sold
$550,000
25 Oct 2021 by Tim Bray, of Seaport Real Estate Services

Happy sellers in Mystic

94%
94% of sellers in Mystic reported that their sale price either exceeded or met their price expectations.

Mystic stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Mystic over the last 12 months.

Local market activity for land plots in Mystic

In the last 12 months, 2 land plots similar to 28 Money Point Rd, have been sold.

This represents a 58% increase in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mystic

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Kristopher Tramont

Sellers who recommend Kristopher Tramont have praised them for being local expert, clear communication, responsive, proactive, strategic, supportive, and attentive

  •   5   (142 reviews)
  •  5 Reviews in Mystic
  •  2 Sales in Mystic
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Bridget Morrissey

Bridget Morrissey is a recommended agent for Mystic.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (13 reviews)
  •  1 Review in Mystic
  •  3 Sales in Mystic
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Gregory Hanner

Sellers who recommend Gregory Hanner have praised them for being local expert, responsive, clear communication, supportive, detail-oriented, patient, and reliable

  •   5   (267 reviews)
  •  1 Review in Mystic
  •  3 Sales in Mystic
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Danielle Turrell

Danielle Turrell is a recommended agent for Mystic.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Mystic
  •  2 Sales in Mystic
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