NOT LISTED FOR SALE

2 Ninigret Ave Westerly, RI 02891

Estimated Value: $3,455,000 - $6,671,004

8 Beds
5.5 Baths
5,168 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $8,500,000 $1,645 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $33,964/month

4 Days on Market

Highlights

  • Marina
  • Beach Access
  • In Ground Pool
  • Water Views
  • Golf Course Community
  • 1.49 Acre Lot

About This Home

As of August 2023

Highland Lodge, the essence of Watch Hill, is perched majestically on 1.49 acres embodying a premiere location within steps to the Village of Watch Hill. Originally built in 1900, the house has been thoughtfully maintained through history with its charm and character. You will find eight bedrooms, five and a half baths, and over 5168 square feet of a literally pristine move-in ready palatial residence. To add to the perfection, there is a spectacular in-ground pool that is a perfect respite after a long day at one of the glorious beaches of Watch Hill. You will be enamored once you enter into this Watch Hill piece of paradise. Every aspect of this piece of Watch Hill history will captivate you. Wait until you see the views from the primary suite! Moments away from the renowned OCEAN HOUSE, The VILLAGE OF WATCH HILL, and with all of the boutique resort shops (not to mention a private airport Foxwoods, Mohegan Sun.. Newport and al the grandeur Rhode Island has to offer)! Truly a piece of coastal, seaside paradise.

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 06/21/2023

Last Buyer's Agent

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 06/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,400

Year Built

  • Built in 1900

Lot Details

  • 1.49 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 5,168 Sq Ft Home
  • 3-Story Property
  • Stone Fireplace
  • Fireplace Features Masonry
  • Game Room
  • Storage Room
  • Water Views
  • Security System Owned

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 2NINIGRETAVWEST

Community Details

Overview

  • Watch Hill Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,400

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 1.49
  • Subdivision Name: WATCH HILL
  • Above Grade Finished Sq Ft: 5168.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 5168.0
  • Dining Room Type: Game Room, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 22.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 64904.0
  • Parcel #: 2NINIGRETAVWEST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 47400.0
  • Tax Lot: 56
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Cowherd Colin M and Cowherd Ann
Bought by
Cowherd Ft and Cowherd
Current Estimated Value
$5,586,335

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 10, 2023
Sold by
Tighe Steven C and Tighe Ann J
Bought by
Cowherd Colin M and Cowherd Ann
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Lori Joyal
Lila Delman Compass
List Price
$8,500,000
Sold Price
$8,500,000
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.75%
Original Mortgage
$3,000,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cowherd Ft -- None Available
Cowherd Ft -- None Available
Cowherd Ft -- None Available
Cowherd Colin M $8,500,000 None Available
Cowherd Colin M $8,500,000 None Available
Cowherd Colin M $8,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowherd Colin M $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Sold $8,500,000 0.0% $1,645 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $8,500,000 -- $1,645 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $59,467 $8,363,900 $4,845,600 $3,518,300
2024 $48,311 $4,924,700 $3,194,100 $1,730,600
2023 $46,446 $4,828,100 $3,194,100 $1,634,000
2022 $44,870 $4,693,500 $3,194,100 $1,499,400
2021 $49,316 $4,280,900 $2,781,500 $1,499,400
2020 $48,417 $4,280,900 $2,781,500 $1,499,400
2019 $47,946 $4,280,900 $2,781,500 $1,499,400
2018 $46,508 $3,914,800 $2,781,500 $1,133,300
2017 $45,373 $3,914,800 $2,781,500 $1,133,300
2016 $45,725 $3,914,800 $2,781,500 $1,133,300
2015 $40,630 $3,755,100 $2,580,900 $1,174,200
2014 $39,954 $3,755,100 $2,580,900 $1,174,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1338150

State-Wide MLS

APN: WEST-000179-000056