$7,500,000

597 Atlantic Ave Westerly, RI 02891

Estimated payment $42,733/month

Total Views 48,945
5 Beds
2.5 Baths
2,032 Sq Ft
$3,691 Price per Sq Ft

Highlights

  • Beach Front
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Wooded Lot
  • Balcony

About This Home

This delightful Cape Cod-style beach house, built in 1935, is nestled in a dune between Watch Hill & Weekapaug on a 1.42-acre lot with 200 feet of pristine beachfront and breathtaking views of Block Island Sound. Unparalleled waterfront location with breathtaking ocean views. An expansive lot in a highly desirable coastal community is ready for renovation, with engineering feasibility confirmed by DiPrete Engineering. Just minutes from Watch Hill, charming downtown Westerly, local shops, and fine dining. The home is set atop a dune with a massive rock formation that affords maximum flood protection - flood insurance is $1350/yr and transferable. Don't miss your chance to own this piece of paradise! Deeded "ownership in common" of two large parcels abutting Winnapaug Pond. Whether you're looking for a permanent residence or a vacation getaway, this beachfront gem is a rare find.

Last Listed By

Adam Mancini

Ann McBride Real Estate, Inc. License #REB.0018496 Listed on: 09/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,170

Year Built

  • Built in 1935

Lot Details

  • 0.78 Acre Lot
  • Beach Front
  • Wooded Lot
  • Property is zoned R10

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 2,032 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Storage Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Community Details

  • Misquamicut Subdivision

Listing and Financial Details

  • Legal Lot and Block 597 / 10
  • Assessor Parcel Number 597ATLANTICAVWEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,170

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.78
  • Subdivision Name: Misquamicut
  • Above Grade Finished Sq Ft: 2032.0
  • Architectural Style: Cape Cod, Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 2032.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Balcony, Deck, Porch
  • Foundation Details: Block
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33977.0
  • Parcel #: 597ATLANTICAVWEST
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 35170.0
  • Tax Block: 10
  • Tax Lot: 597
  • Tax Map Number: 156
  • Tax Year: 2023

Map

Range of Values:

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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
2024 $37,164 $3,788,400 $3,437,300 $351,100
2023 $36,444 $3,788,400 $3,437,300 $351,100
2022 $36,217 $3,788,400 $3,437,300 $351,100
2021 $36,311 $3,152,000 $2,839,400 $312,600
2020 $35,649 $3,152,000 $2,839,400 $312,600
2019 $35,302 $3,152,000 $2,839,400 $312,600
2018 $37,510 $3,157,400 $2,839,400 $318,000
2017 $36,594 $3,157,400 $2,839,400 $318,000
2016 $36,878 $3,157,400 $2,839,400 $318,000
2015 $34,608 $3,198,500 $2,874,300 $324,200
2014 $34,032 $3,198,500 $2,874,300 $324,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 For Sale $7,500,000 -- $3,691 / Sq Ft
Source: State-Wide MLS

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Source: State-Wide MLS

MLS Number: 1368637

State-Wide MLS

APN: WEST-000156-000010

Rhode Island Washington County Westerly 02891

597 Atlantic Ave, Westerly, RI

This home is located at 597 Atlantic Ave, Westerly, RI 02891 and is currently priced at $7,500,000, approximately $3,690 per square foot. This property was built in 1935. 597 Atlantic Ave is a home located in Washington County with nearby schools including Westerly High School.

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Adam Mancini
Listing Agent
Adam Mancini
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Ann McBride Real Estate, Inc.
(401) 583-5491