NOT LISTED FOR SALE

57 River Ave Wakefield, RI 02879

Estimated Value: $664,000 - $740,000

3 Beds
1 Bath
1,500 Sq Ft
$458/Sq Ft Est. Value

About This Home

SHORT TERM RENTAL: Month of May! (June,July, Aug - weekly rental) WATERFRONT: 6 Kayaks 3 paddle boards 2 canoes on NARROW RIVER right from our front yard!
Share 8 bikes, beach gear, yard games!
This VACATION House is 15ft from river"s edge & is turn key, clean & cozy
Enjoy sunrises kayaking fishing wildlife from front yard
5 min by car to ocean, 20 to Newport, 10 to URI!


Awesome waterfront location right on Narrow River that leads out to ocean at Narragansett Pier!
Minutes from several beaches, restaurants, shops, URI, Routes 1, 1A and 138.
.
Share our 6 Kayaks*****2 Canoes*****3 paddle*****8 street bikes!!!

Available for the month of MAY! (Weekly rental for June, July & Aug)
This description is from our summer weekly rental website ad:
A Wonderful Family Vacation location...
Come visit Newport, Block Island and Narragansett areas! 5 minutes by car to Ocean!

River leads south to the ocean and north to a fresh water lake.
We are located half way between ocean and lake. Lots of activity on the river in the spring, summer and Fall months. Watch kayaks, motorboats, paddle boarders, fishing boats and wild life right from the front yard. And yes...we have a small little swimming area steps away from this house!

Rent this entire 3 bedroom waterfront house on beautiful Narrow River...a saltwater inlet from Narragansett Bay!
Swim, fish, kayak and canoe right from the front yard of this house!

Small public playground at the top of this street for children.

This "turn key" property gives you complete privacy and all the comforts of home in a 6 +1/2 room cozy cottage. House is well equipped with all you would need for a vacation!
House is located on a quiet dead end and sits facing the river.
Awesome views of the river from every window,“like living on a houseboat”!

by car:
5 minutes from ocean (Narragansett Beach), Narragansett Towers and town of Wakefield
10 minutes from URI campus
15 minutes from Kingston Amtrak Station
20 minutes from historic Newport
30 minutes from Providence

House is fully furnished… washer/dryer … working fireplace…fully functional kitchen…linens included...outside gas grill...outside hot/cold shower

3 bedrooms: queen, queen, bunk room (double on bottom ,single on top)
plus a pull out coach
(Counting the pull out and 3 in the bunk room, this house will sleep max 9)

Cozy, Comfortable and Clean!

Narrow River (or Pettaquamcutt River on maps) leads to ocean! Narrow River has become the #1 kayaking location in RI!

Love to host quiet folks and families who enjoy nature and the abundant wildlife of this beautiful river! (geese, egret, swans etc.) and who would appreciate the privacy and peacefulness of this awesome vacation cottage!

Guest will have access to everything in this cottage!
Our kitchen is small but very well equipped with everything you should need, even down to the spices! A gas grill is also provided. All linens, towels, and extra blankets are provided. We get nice breezes on the river but we do provide small bedroom fans if ever needed and there are 3 ceiling fans in the house. Guests are welcome to use our kayaks, canoes, paddle boards and our 5 bikes. There is a small shed on the property that has kayak and canoe paddles, life jackets, etc. Shed also has a croquet set, horseshoes, etc. for yard games.

Other things to note
Many folks ask if the river is clean enough for swimming. The answer is yes! The bottom of the river is a a little muddy from being turned up by all the boat traffic but the river is clean enough for swimming even right in front of this house! We even have our own little (about 20 feet wide) beach in front of this house! Most of vacationers seem to prefer our beautiful ocean beach just 5 minutes away by car! Narragansett Pier ocean is one of the top beaches in the state and was voted top family beach in New England! There are fees for the beaches but we have tips and suggestions for our tenants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Williamson Gary A and Williamson Kathryn A
Bought by
Gary A Williamson Ret
Current Estimated Value
$687,528
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Gary A Williamson Ret -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2025 03/15/25 Off Market $5,000 -- --
02/10/2025 02/10/25 For Rent $5,000 0.0% --
02/10/2025 02/10/25 Price Changed $5,000 +85.2% $3 / Sq Ft
11/03/2024 11/03/24 Off Market $2,700 -- --
10/08/2024 10/08/24 Off Market $2,700 -- --
10/01/2024 10/01/24 For Rent $2,700 0.0% --
10/01/2024 10/01/24 For Rent $2,700 -- --

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 $7,002 $783,200 $602,600 $180,600
2024 $6,628 $599,800 $463,300 $136,500
2023 $6,628 $599,800 $463,300 $136,500
2022 $6,568 $599,800 $463,300 $136,500
2021 $5,592 $387,000 $287,500 $99,500
2020 $5,592 $387,000 $287,500 $99,500
2019 $5,592 $387,000 $287,500 $99,500
2018 $5,535 $353,000 $267,400 $85,600
2017 $5,404 $353,000 $267,400 $85,600
2016 $5,327 $353,000 $267,400 $85,600
2015 $5,444 $350,800 $261,600 $89,200
2014 $5,430 $350,800 $261,600 $89,200
Source: Public Records

Map

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