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

26 Richard Smith Road Narragansett, Narragansett, RI 02882

Updated home with rental history and expansion potential.

Property SizeContact for details
Days on Market91

Property Features for 26 Richard Smith Road Narragansett

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $4,404
Listing Agency:
Listed By: Crystal Silva
Source: Milestonerealtyinc
Added: May 15 Changed: Aug 8 Last Checked: Aug 8 at 3:21PM

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 Crystal Silva

Investment Insights

Based on property information with market context.

This property in Bonnet Shores offers water views and an updated home with 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 includes 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 (potential for second level to maximize views and value)

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
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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 Road Narragansett 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 (potential for second level to maximize views and value)
More about this property
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