We examined a Late Holocene sea-level stillstand using phreatic overgrowths on speleothems (POS) recovered from Medvjeđa Špilja [Bear Cave] (northern Adriatic Sea) from −1.28 ± 0.15 m below present mean sea level. Different mineralogical analyses were performed to characterize the POS and better understand the mechanisms of their formation. Results reveal that the fibrous overgrowth is formed of calcite and that both the supporting soda straw and the overgrowth have very similar trace element compositions. This suggests that the drip-water and groundwater pool from which the POS formed have similar chemical compositions. Four subsamples were dated by means of uranium-series. We found that ca. 2800 years ago, the relative sea level was stable for about 300 years at a depth of approximately −1.28 ± 0.15 m below the current mean sea level. This finding roughly corresponds with the end of a relatively stable sea-level period, between 3250 and 2800 cal yr BP, previously noted in the southern Adriatic. Our research confirms the presence of POS in the Adriatic region and establishes the Medvjeđa Špilja pool as a conducive environment for calcite POS formation, which encourages further investigations at this study site.