Search
Water View Home Opportunity
For Sale
$1,175,000

26 Richard Smith, Narragansett, RI 02882

Updated home with rental history and expansion potential.

Property SizeContact for details
Days on Market131

Property Features for 26 Richard Smith

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $4,404

Amenities

Corner Lot
Level
Listing Agency: BHHS COMMONWEALTH REAL ESTATE
Listed By: ALLEN GAMMONS · License #REB.0015256
Source: Corcoran
Added: Apr 4 Changed: Aug 8 Last Checked: Jul 15 at 9:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS COMMONWEALTH REAL ESTATE

Investment Insights

Based on property information with market context.

This property offers an updated home with water views and a history of seasonal and off-season rentals. Preliminary engineering has been completed for potential expansion. Situated on a corner lot at the crest of a hill, the property overlooks Bonnet Shores Beach and Wesquage Pond. Adding a second level could maximize the views and increase the property's value. The interior has been updated and is designed as a beach home, featuring a screen room and a large yard. The property is located within walking distance of the beach.

Key Highlights

  • Spectacular rental history (in and off season)
  • Water view overlooking Bonnet Shores Beach and Wesquage Pond
  • Preliminary engineering completed for expansion (second level)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Law Firm Auto Parts Store Hair Salon Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 02882, RI

12,919
Population
8,870
Households
1.5
Avg Household Size
52
Median Age
64%
College-Educated
98%
High-School Grad
12.8 sq mi
ZIP Area
1,009
Density / Sq Mi
$95,794
Median Household Income
$44,042
Median Earnings
$1,661
Median Rent
$686,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Updated home with rental history and expansion potential.
Where is this residential land & home lot located?
The property is located at 26 Richard Smith Narragansett, RI.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Spectacular rental history (in and off season); Water view overlooking Bonnet Shores Beach and Wesquage Pond; Preliminary engineering completed for expansion (second level)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message