61 Bailey's Ledge Rd Little Compton, RI 02837
Estimated payment $44,185/month
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.
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
- Hot Water Heating System
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $7,850,000 | -- | $1,581 / Sq Ft |
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 | -- | -- | |
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Source: State-Wide MLS
MLS Number: 1385631
APN: LCOM-000008-000000-000025
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