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

26 Richard Smith Road, Narragansett, RI 02882

LAND - Narragansett, RI

Lot Size0.12 Acres
Days on Market121

Property Features for 26 Richard Smith Road

General Information

Property type Land
Property subtype Other
Zoning description Residential
Subdivision Bonnet Shores
Lot features Suburban, Corner Lot
View Water
Standard status Active
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4404

Utilities

Utilities Natural Gas Available
Listing Agency: Bhhs Commonwealth Real Estate · Berkshire Hathaway HomeServices
Listed By: Allen Gammons · License #8574
Added: Apr 4 Changed: Jul 23 Last Checked: Aug 2 at 5:06AM
MLS# 1409133

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This updated home presents a Bonnet Shores opportunity with water views and a history of seasonal and off-season rentals. Preliminary engineering has been completed for 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 is updated and inviting, suitable as a beach home, and includes a screen room and a large yard. The property is a short walk from the beach. The lot size is 0.12 acres.

Key Highlights

  • Water view property with strong rental history.
  • Preliminary engineering completed for potential expansion.
  • Corner lot location at the crest of a hill overlooking Bonnet Shores Beach and Wesquage Pond.

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

Market

Properties on Market for Land in Narragansett

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Updated home with rental history and expansion potential.
Where is this land located?
The property is located at 26 Richard Smith Road 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: Water view property with strong rental history.; Preliminary engineering completed for potential expansion.; Corner lot location at the crest of a hill overlooking Bonnet Shores Beach and Wesquage Pond.
More about this property
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