By Joe Wojtas
Publication: The Day
Stonington - In what town officials believe is the second-highest price ever paid for a residential property here, a Wamphassuc Point property with two homes has been sold to a New York City couple for $4.4 million.
On. Oct. 1, Jane I. Schaefer of Stonington sold the waterfront property at 262 Wamphassuc Road to Samuel R. and Marybeth L. Chapin. The conveyance taxes alone amounted to more than $62,000.
One of the homes on the 3.5-acre property contains 11 rooms and the other, nine. There are also two docks on the property. The Chapins also own a 12-room home at 261 Wamphassuc Road appraised at $2.7 million.
The most expensive home sale here took place on June 9, 2011, when Christopher McLaughlin sold a waterfront home at 53 Church St. in the borough to Donald and Jean Wolf for $5,575,000. That house has been used for scenes in the movies "Mystic Pizza" and, more recently, in "Hope Springs," starring Meryl Streep and Tommy Lee Jones.
Both U.S. Senate candidates have stated their commitment to generating economic growth in Connecticut. How much impact do you think a senator realistically has on the local economy?
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