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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 distinctive properties. Situated on nearly one-half acre just moments from downtown Mystic, the Mystic River, renowned restaurants, boutique shopping, galleries, and marinas, this circa-1852 Greek Revival sea captain's residence offers a remarkable combination of historic character, flexibility, and location. The property includes a beautifully preserved main residence, a separate carriage house, and a detached climate-controlled artist studio, creating a unique compound with multiple living and work spaces. Whether you're seeking a primary residence, a weekend retreat, accommodations for extended family, guest quarters, creative studio space, or exploring hospitality-related opportunities, this exceptional property offers a variety of possibilities. Buyers are encouraged to conduct their own due diligence regarding future use. Rich in architectural detail, the property features inviting gardens, brick patios, mature landscaping, and outdoor spaces that reflect the charm and character of historic Mystic. Its walkable location places you just steps from the very best the village has to offer while providing a level of privacy rarely found in the downtown area. Additional information regarding the property's history, floor plans, financial information, and due diligence materials is available upon request.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | 15.0 x 17.0 | Upper | |
| Bedroom 2 | 8.0 x 10.0 | Upper | |
| Bedroom 3 | 11.0 x 15.0 | Upper | |
| Bedroom 4 | Main | ||
| Bedroom 5 | Main | ||
| Dining Room | Wide Board Floor | 15.0 x 17.0 | Main |
| Kitchen | Granite Counters,Dining Area,Double-Sink,Island,Wide Board Floor | 14.0 x 24.0 | Main |
| Living Room | Built-Ins,Ceiling Fan,Gas Log Fireplace,Wide Board Floor | 18.0 x 23.0 | Main |
| Primary Bedroom | Wall/Wall Carpet | 14.0 x 15.0 | Upper |
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,599,999 | $1,599,999 | $1,599,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,457 | $1,457 | $1,457 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,085 | $9,593 | $13,502 |
| Total Monthly Payment | $10,667 | $11,175 | $15,084 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.