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Bay Spring Home for Sale

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    $749,000

    • 4 Beds
    • 2.5 Baths
    • 2,983 Sq Ft

    29 Lake Ave, Barrington, RI 02806

    Looking for space? This Colonial with a contemporary flair has plenty of it. Step into the main entry and the open plan living area unfolds before you. There is a generous living room with a fireplace which has an electric insert surrounded by a cultured stone accent wall. To the right is a beautifully renovated kitchen with crisp white cabinetry, a center island, stone counters and stainless

    Jim DeRentis Residential Properties Ltd.

    29 Lake Ave, Barrington, RI 02806

Why Live in Bay Spring

Bay Spring, located in Barrington, Rhode Island, has transformed from a collection of cottages to a neighborhood with larger family residences while maintaining its New England waterfront charm. The area features slender lots with spacious backyards, and some waterfront homes come with private docks. The neighborhood is known for its low crime risk, significantly safer than the national average. Bay Spring offers several parks, including Latham Park, where residents can swim, watch boats, and enjoy outdoor concerts. Haines Memorial State Park provides 19 acres for fishing, kayaking, hiking, and relaxing. The Bay Spring Community Center, housed in an old firehouse, hosts various classes and events, including the Manning Street Music Festival in July. The small business district along Bay Spring Avenue includes a yoga studio, daycare center, and auto repair shops. For more extensive shopping, the Barrington Shopping Center is about 3 miles away. Dining options include Vienna Bakery, known for its European-style baked goods, and Spaghetti Lane, which serves Italian-inspired dishes. The neighborhood is walkable, but a car or bike is recommended for reaching dining and shopping destinations. The East Bay Bike Path, a 14.5-mile trail, runs through Barrington along Narragansett Bay. Bay Spring is served by highly rated Barrington Public Schools, including Primrose Hill School, Hampden Meadows School, Barrington Middle, and Barrington High, all of which have received high ratings.

Frequently Asked Questions

Is Bay Spring a good place to live?
Bay Spring is a good place to live. Bay Spring is considered car-dependent and bikeable. Bay Spring is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Bay Spring has 6 parks for recreational activities. It is fairly dense in population with 11.6 people per acre and a median age of 47. The average household income is $107,788 which is above the national average. College graduates make up 61.4% of residents. A majority of residents in Bay Spring are home owners, with 24% of residents renting and 76% of residents owning their home. A local real estate agent serving Bay Spring can help you decide if this neighborhood is the right one for you. Learn more on our Bay Spring neighborhood guide.
Is Bay Spring, RI a safe neighborhood?
Bay Spring, RI is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Bay Spring?
The median home price in Bay Spring is $469,000. If you put a 20% down payment of $93,800 and had a 30-year fixed mortgage with an interest rate of 6.24%, your estimated principal and interest payment would be $2,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Bay Spring. The average household income in Bay Spring is $108K.
What are the best public schools in Bay Spring?
The best public schools that serve Bay Spring are:
What are the best private schools in Bay Spring?
The best private schools that serve Bay Spring are:
What are the most popular zip codes in Bay Spring, Barrington, RI?
The most popular zip codes in Bay Spring, Barrington, RI include 02806, 02915, 02888, 02905 and 02889.
What are the most popular neighborhoods near Bay Spring, Barrington, RI?
The most popular neighborhoods near Bay Spring, Barrington, RI are North Barrington, Alfred Drowne, Riverside, Nayatt and Palace Garden.
Are home prices dropping in Bay Spring?
Yes, home prices in Bay Spring are down 20% in the last 12 months.

Home Trends in Bay Spring, RI

Housing Trends

Median Sale Price
$457,500
Median Single Family Sale Price
$465,000
Average Price Per Sq Ft
$411
Number of Homes for Sale
1
Last 12 months Home Sales
6
Months of Supply
2.00
Median List Price
$469,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-21%
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