$7,795,000

Estimated payment $42,789/month

Total Views 438
6 Beds
6 Baths
4,927 Sq Ft
$1,582 Price per Sq Ft

Highlights

  • Hot Property
  • Beach Front
  • Golf Course Community
  • Melrose Avenue School Rated A-
  • Marina
  • Water Access

About This Home

This unique offering presents a rare waterfront shingled cottage, built 1893. This property has two moorings currently with panoramic water views towards the east side of Narragansett Bay. There is the possibility of a dock and there are steps down to a slate patio by the water. This home is sited on a 27,955 sq.ft. lot with a comfortable floor plan. The first level consists of a welcoming entry, mudroom, eat in kitchen, butler's pantry, dining room w/ gas fireplace, living room w/ a wood insert, an expansive hallway leading onto the wraparound waterfront screened in porch, 18' wide by 39' long. It's perfect for gatherings with privacy and easy access to open water, making it convenient for swimming, fishing, or a boat ride. First level continues with a family room/study that could be a bedroom, a year-round sun room with a brick floor and radiant heat, pantry/laundry room and full bath. Second level features 4 en suites, an office and a media room. Third level has two additional bedrooms, recreation room and a full bath. An artists studio, built in 2015, is a few steps away from the main residence. A separate waterfront lot is available for sale with this property, MLS#1401347, this lot will not sell on its own. In addition, MLS #1399629, a second home with a guest cottage and two outbuildings, is also available for sale. Opportunities to acquire such a versatile compound/estate are a once-in-a-generation occurrence. Coastal living, in town, at its absolute finest!

Listing Agent

Dianne Grippi

Residential Properties Ltd. License #RES.0030326 Listed on: 12/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,892

Year Built

  • Built in 1893

Lot Details

  • 0.64 Acre Lot
  • Beach Front
  • Property is zoned R40

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 4,927 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Hot Water Heating System
  • 200+ Amp Service
  • Power Generator
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 297
  • Assessor Parcel Number 41WALCOTTAVJAME

Community Details

Overview

  • Village, In Town Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,892

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6418
  • Subdivision Name: Village, in town
  • Above Grade Finished Sq Ft: 4927.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1893
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Insert, Gas, Masonry, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Other
  • Interior Amenities: Bathtub, Stall Shower, Tub Shower
  • Living Area: 4927.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Beach Front, Mooring, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Combination
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Hot Water, Propane, Other, Wood, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27955.0
  • Parcel #: 41WALCOTTAVJAME
  • Zoning: R40

Tax Info

  • Tax Annual Amount: 22892.46
  • Tax Lot: 297
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $22,872 $4,055,400 $2,904,900 $1,150,500
2024 $25,233 $3,519,300 $2,384,100 $1,135,200
2023 $24,576 $3,520,900 $2,384,100 $1,136,800
2022 $23,907 $3,520,900 $2,384,100 $1,136,800
2021 $27,816 $3,359,400 $2,601,300 $758,100
2020 $27,110 $3,359,400 $2,601,300 $758,100
2019 $27,299 $3,391,200 $2,601,300 $789,900
2018 $20,260 $2,289,300 $1,719,700 $569,600
2017 $19,825 $2,289,300 $1,719,700 $569,600
2016 $19,639 $2,288,900 $1,719,700 $569,200
2015 $19,499 $2,220,800 $1,623,300 $597,500
2014 $19,352 $2,211,600 $1,623,300 $588,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2025 12/07/25 For Sale $7,795,000 -- $1,582 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Deed $2,975,000 --
Deed $2,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,410,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,400,000 Purchase Money Mortgage
Source: Public Records

Source: State-Wide MLS

MLS Number: 1401345

State-Wide MLS

APN: JAME-000009-000000-000297