$7,850,000

61 Bailey's Ledge Rd Little Compton, RI 02837

Estimated payment $46,129/month

Total Views 10,827
3 Beds
3.5 Baths
4,964 Sq Ft
$1,581 Price per Sq Ft

Highlights

  • Beach Front
  • Marina
  • River Access
  • Wilbur & McMahon School Rated A-
  • Golf Course Community
  • 3.5 Acre Lot

About This Home

Welcome to 61 Baileys Ledge Road, a once-in-a-lifetime opportunity to own a distinguished and exclusive piece of real estate, a truly exceptional property nestled in the heart of Little Compton, RI. This extraordinary home, steeped in history, has been lovingly maintained by the same family for over 60 years. Completely redone in 2018, this residence boasts a captivating interior and offers breathtaking views of the Sakonnet River and ocean. Situated on a sprawling lot consisting of two acres with protected views over 3 acres of shared agricultural trust land ensuring privacy and tranquility. The approach to the property via a private road that winds through the golf course immediately sets the tone for the exclusivity and seclusion that this location highlights. The first floor includes a stunning primary suite offering two ensuite bathrooms, seamlessly coming together with a walk-in shower and soaking tub. The heart of the home features a chef's kitchen with high-end appliances and stone countertops with an open floor plan, perfect for entertaining and everyday living. The second floor, with the option to be accessed by an elevator, includes two additional bedrooms with ensuite baths and incredible south-facing water views. Whether you're captivated by the allure of the water views, the promise of a private and serene lifestyle, or the rich history of this property, don't miss the opportunity to make this remarkable property your own. Buyer pays LCAT at closing.

Listing Agent

Kirk Schryver Team

Compass Listed on: 05/21/2025

Compass

Co-Listing Agent

Rebecca Rubin

Compass License #RES.0040439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,390

Year Built

  • Built in 1962

Lot Details

  • 3.5 Acre Lot
  • Beach Front

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Combination Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Underground Utilities
  • 200+ Amp Service
  • Private Water Source
  • Oil Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 61BAILEY'SLEDGERDLCOM

Community Details

Overview

  • Sakonnet Point Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,390

Year Built

Built in 1962

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 3.5
  • Co List Office Mls Id: CMPM
  • Co List Office Phone: 401-274-1644
  • Inclusions: 3 acres of AG Trust Land will have shared interest ownership. Buyer pays LCAT.
  • Subdivision Name: Sakonnet Point
  • Above Grade Finished Sq Ft: 4546.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 418.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Insert, Gas, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), High Ceilings, Stall Shower, Tub Shower, Vaulted Ceiling(s), Elevator
  • Living Area: 4964.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Underground
  • Sewer: Cesspool
  • Utilities: Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 152460.0
  • Parcel #: 61BAILEY'SLEDGERDLCOM

Tax Info

  • Tax Annual Amount: 30390.0
  • Tax Lot: 25
  • Tax Map Number: 8
  • Tax Year: 2025

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 $34,824 $6,855,200 $4,826,100 $2,029,100
2023 $34,002 $6,855,200 $4,826,100 $2,029,100
2022 $33,061 $6,747,100 $4,826,100 $1,921,000
2021 $35,949 $5,951,800 $4,134,600 $1,817,200
2020 $35,641 $5,950,000 $4,134,600 $1,815,400
2019 $35,563 $5,997,100 $4,193,800 $1,803,300
2018 $31,700 $5,318,800 $3,355,000 $1,963,800
2016 $28,154 $4,965,500 $3,595,800 $1,369,700
2015 $23,404 $4,070,300 $2,685,900 $1,384,400
2014 $22,956 $4,070,300 $2,685,900 $1,384,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $7,850,000 -- $1,581 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1385631

State-Wide MLS

APN: LCOM-000008-000000-000025

Rhode Island Newport County Little Compton 02837

61 Bailey's Ledge Rd, Little Compton, RI

This home is located at 61 Bailey's Ledge Rd, Little Compton, RI 02837 and is currently priced at $7,850,000, approximately $1,581 per square foot. This property was built in 1962. 61 Bailey's Ledge Rd is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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Listing Agent
Kirk Schryver Team
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Compass
(401) 560-5651