Seaport Real Estate Services Blog - Residential Real Estate

Nature, Craftsmanship, and Private Lake Access in North Stonington

387 Wyassup Rd, North Stonington, CT 06359 

Tucked into the serene hills of North Stonington, 387 Wyassup Rd is a handcrafted post-and-beam colonial that offers privacy, character, and deeded access to the tranquil waters of Wyassup Lake. Set on nearly two acres, this one-of-a-kind home combines thoughtful craftsmanship with a connection to nature—perfect for full-time living or a peaceful escape.

Built in 1999 by the original owner, the home features nearly 3,000 square feet above grade, 4 bedrooms, and 3 full bathrooms. The open floor plan is complemented by wood-beamed ceilings, a sun-filled 3-season room, Andersen windows, and stone-accented surroundings.

Outbuildings include a detached two-story barn/workshop  and a separate 16x22…

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Build Your Dream Home on Masons Island:

Build Your Dream Home on Masons Island: Coastal Luxury Meets Natural Tranquility

Nestled within the exclusive community of Masons Island in Mystic, Connecticut, a rare opportunity awaits: two vacant, approved building lots on King Fisher Way—ready for your vision of coastal living to become reality.

Masons Island, the largest island in Connecticut, offers a lifestyle unlike any other along the New England shoreline. With its private gated community, serene beaches, boating and yachting access, and an active yacht club lifestyle, this coveted destination draws those looking for both sophistication and seclusion.

Located just minutes from the heart of historic downtown Mystic, Masons Island provides unparalleled access to the area's finest…

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New Listing Spotlight: 24 Laurel Hill Drive South, East Lyme, CT

Comfort, Style & Versatility in Laurel Hill Acres

We’re excited to present our newest listing nestled in one of East Lyme’s most beloved neighborhoods—Laurel Hill Acres. Welcome to 24 Laurel Hill Drive South, a thoughtfully designed 4-bedroom, 3-bathroom ranch offering over 2,300 square feet of living space filled with natural light, functional updates, and incredible lifestyle potential.

✨ Well-Appointed Living Spaces

Step inside and you’re immediately welcomed by oversized Andersen windows that bring in warm natural light throughout the home. The kitchen has been beautifully updated with quartz countertops, stainless steel appliances, and ample cabinetry, making it a true hub for everyday living and entertaining.

Enjoy evenings by the…

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Gracious Living in Mystic: Discover 12 Whaler Rd

Welcome to 12 Whaler Rd — a beautifully maintained Colonial nestled within one of Mystic’s most desirable neighborhoods. This rare property is more than just a home; it’s a storybook setting that combines timeless design, thoughtful updates, and an unparalleled location. Abutting preserved Avalonia Land Trust woodlands and just minutes from the charm and culture of downtown Mystic, this home offers the perfect balance of privacy, proximity, and peace.

 View the full Property Packet here.

A Home That Evolves With You

Built in 2006 and lovingly updated, 12 Whaler Rd offers 4,152 square feet of finished living space across three levels. From the moment you step into the light-filled two-story foyer, you’ll sense the thoughtful flow and warm…

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Understanding Property Revaluation and Real Estate Taxes in Connecticut

The recent revaluation of real estate in Old Lyme has sparked concerns among residents about potential increases in property taxes. However, the relationship between property values and taxes is more nuanced than it may appear at first glance. Let’s break it down.

What is Property Revaluation?

Revaluation is the process by which towns adjust property assessments to reflect current market values. In Connecticut, properties are assessed at 70% of their appraised value. This means if your home is appraised at $600,000, your assessment will be $420,000.

Revaluation is done periodically to ensure fairness. Over time, real estate markets change, and some properties may appreciate faster than others. Without revaluation, some taxpayers might pay…

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Is Connecticut's Real Estate Market Headed for a Bubble? Explore Our Interactive Map to Find Out!

The real estate market in Connecticut has been on a rollercoaster ride over the past few years, with home prices soaring in some areas while others experience more modest growth. As a homeowner, buyer, or investor, understanding these trends is crucial for making informed decisions. But how do you know if your town is thriving or if it's on the brink of a bubble? At Seaport Real Estate Services, we’ve developed an interactive map that offers real-time insights into the market dynamics of every town in Connecticut. In this blog, we'll dive into how this tool can help you navigate the complexities of the current market and what it could mean for your real estate decisions.

The Power of Real-Time Data:

One of the biggest challenges in real…

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2024 CT Mill Rates

Connecticut's real estate taxes can vary greatly depending on the municipality and districts within them.  The graphic above illustrates the base rates for each town. Additional rates are applied to specific locations where services are provided.  These services can include public water, sewer, trash removal,  police services, or a firehouse.  A town or district with a lower Mill rate may not offer these services.  Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average property tax rate in CT for 2024 is $28.93, with the highest being Hartford at $68.95 and the lowest being Salisbury at $11. 

How to Calculate Connecticut Property Taxes

The…

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Navigating the Complexities of Buying a Home in Connecticut: A Personal and Community Perspective

I’m Andrew O’Reilly from Seaport Real Estate. Today, I’m not just a real estate professional, but also a fellow homeowner sharing my personal experiences and insights into the unique challenges of Connecticut’s real estate market.

 Our Family's Dream and the Market Reality

My family, like many in Connecticut, dreams of a new home – closer to the beach, with a bigger yard, a more spacious primary bath, and a walk-in closet. However, the current market makes this dream a complex decision. Our story reflects a widespread dilemma affecting homeowners throughout the state.

Interest rates have risen sharply, making new mortgages considerably more expensive than just a few years ago. We secured a mortgage at an incredibly low rate of 2.5%…

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Navigating the Tides of Change: Housing Affordability in Connecticut's Coastal Towns

In the span of over two decades, Connecticut's coastal towns have painted a picturesque scene of New England charm and scenic waterfronts. However, beneath the surface of these idyllic communities lies a growing concern: the rising tide of housing prices, surging far faster than their residents' incomes.

#ConnecticutCoast #HousingMarket #EconomicTrends

Over the last 23 years, data reveals a trend that could reshape the fabric of towns like Stonington, Darien, and New Haven. While median household incomes have seen modest growth, median selling prices for homes have soared, in some cases, to more than double the income growth percentage.

#AffordableHousing #IncomeGrowth #RealEstateTrends

In Stonington, for example, incomes have risen by…

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How Climate Change is Reshaping Insurance and the Housing Market

The growing ferocity and frequency of extreme weather events, tied intrinsically to the rapidly changing climate, have sent shockwaves through sectors that once thrived on predictability and historical data – notably, the insurance and housing markets. Jacob Bogage’s recent Washington Post article encapsulates the urgency and gravity of the situation, focusing on how major insurers are pulling away from covering the very natural disasters that are increasing in frequency.

Insurance companies, at their core, are in the business of evaluating and pricing risk. Historically, they've spread these risks across various geographies and disaster types, ensuring that catastrophic payouts in one region are balanced by calmer conditions elsewhere. However, as…

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