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Sold for $6,250,000 on 01/31/24
  • $6,250,000

    1020 Ocean Rd, Narragansett, RI 02882

    4beds
    4,950sqft
    Single Family Residence
    Built in 2020
    1.01 Acres Lot
    $6,493,700 Zestimate®
    $1,263/sqft
    $7,182 Estimated rent

    Home value

    $6,493,700

    $6.04M - $7.08M

    $7,182/mo

    Zestimate® history
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    $31,871/mo

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    What's special

    Pristine and welcoming oceanfront home in a unique and desirable community within walking distance of a popular RI beach. This essentially new home has 4 spacious bedrooms, 4 1/2 baths, and breathtaking views of the ocean from practically every room. The wall of windows, door to patio, and open-concept kitchen/dining/living area create the feeling of outdoor living every day. Enjoy coffee in bed while drinking in the ocean views and taking pleasure in the warmth of your gas fireplace on blustery days in your first-floor master bedroom. Two additional gas fireplaces grace the living room and upstairs office/family room. Upstairs has 3 additional bedrooms, one of them is a master with an ensuite, walk-in closet, and bonus room. An upstairs family room/office is adorned with French doors that open to a balcony with endless views of the ocean. The basement is finished and ready for entertaining with plenty of room for the kids to enjoy the game and TV room with an additional full bath. Two utility rooms provide plenty of extra storage. Outside the extended patio, beautiful stone fireplace, and barbecue/bar will extend your days in warmer weather, or stroll down the lighted grass path to a tranquil waterside seating area. The outdoor shower helps when rinsing off after the beach before jumping into the heated, salt-water pool or relaxing in the built-in hot tub. No summer rentals allowed in the neighborhood or flood Insurance. Must see rare offering on the waterfront. Call today!

    Zillow last checked: 8 hours ago

    Listing updated: February 06, 2024 at 04:13pm

    Listed by:

    Melissa Polom 401-921-5011,

    HomeSmart Professionals

    Bought with:

    Kimberly Marion, RES.0042828

    Engel & Volkers Oceanside

    Source: StateWide MLS RI,MLS#: 1346256MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
    Heating
    • Natural Gas, Central Air, Forced Air, Gas Connected, Hydro-Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
    Features
    • Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Family Room,Playroom,Storage Space
    • Number of fireplaces: 4
    • Fireplace features: Free Standing, Gas, Stone
    Interior area
    • Total structure area: 3,850
    • Total interior livable area: 4,950 sqft
    • Finished area above ground: 3,850
    • Finished area below ground: 1,100

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Garage Door Opener, Driveway
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio
    • Exterior features: Balcony, Barbecue
    • Pool features: In Ground, Salt Water
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Access, Beach, Ocean Front, Saltwater Front, Walk to Salt Water, Walk To Water
    Lot
    • Size: 1.01 Acres
    • Features: Sprinklers
    Details
    • Parcel number: NARRMKB460LB
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV, Hot Tub

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Shingles
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Individual Meter, Public
    • Utilities for property: Underground Utilities, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Security System Owned
    Community
    • Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    Location
    • Region: Narragansett

    HOA & financial

    HOA
    • Has HOA: No
    • HOA fee: $500 annually

    Price history

    DateEventPrice
    1/31/2024Sold$6,250,000-3.8%$1,263/sqft
    Source: StateWide MLS RI #1346256
    11/3/2023Pending sale$6,499,000$1,313/sqft
    Source: StateWide MLS RI #1346256
    10/26/2023Listed for sale$6,499,000+95%$1,313/sqft
    Source: StateWide MLS RI #1346256
    10/8/2020Sold$3,332,812+11.3%$673/sqft
    Source: StateWide MLS RI #1243743
    8/28/2020Pending sale$2,995,000$605/sqft
    Source: HomeSmart Professionals Real Estate #1243743

    Public tax history

    YearProperty taxesTax assessment
    2025$30,403 +3.7%$4,477,600
    2024$29,328 +9.6%$4,477,600 +50.6%
    2023$26,759 $2,973,200

    Find assessor info on the county website

    Neighborhood: 02882

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $6,493,700
    2% more+ $130K
    With Zillow Showcase(estimated)
    $6,623,574