Sold for $1,650,000 on 07/31/25
$1,650,000
38 Bay St #W402, Westerly, RI 02891
2beds
1,116sqft
Condominium
Built in 2006
-- sqft lot
$1,682,900 Zestimate®
$1,478/sqft
$2,321 Estimated rent
Home value
$1,682,900
$1.51M - $1.87M
$2,321/mo
Zestimate® history
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Owner options
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What's special
This Watch Hill Inn Villa Residence Unit W402 is located in the heart of the Historic Village of Watch Hill RI, is currently sponsored in the Ocean House Management Rental Program with access to many quality lifestyle amenities. The Watch Hill Inn formerly the Historic Narraganset Inn built circa 1845, was gut-rehabbed in 2006, and completely refurbished in 2014. The apartment includes ownership of a separate and exclusive "Solarium Deck" with incredible sunset and water views overlooking the Watch Hill Yacht Club and Little Narragansett Bay. This 1,116 asf Unit to be sold completely furnished "as is" with natural bamboo and Italian marble floors, black granite countertops and Thomasville wood cabinets, Koehler bath fixtures, an open kitchen, and a living room pull out queen sofa-bed - accommodating 4-5 persons. Owners in the Rental Program share rent income, and also while in occupancy have access to the various amenities offered at our two other Relais & Chateaux Historic Landmark Hotel properties, the Ocean House Resort Hotel, and the Weekapaug Inn. These amenities include access to the OH private Atlantic Ocean beach, OH Spa, OH gym, croquette court, intra-property shuttle service, daily housekeeping, gourmet restaurants, special events, OH marine fleet rentals, and the Inns' private Sun Deck with breathtaking unobstructed sunset views looking westward towards the Connecticut coastline. It's a first class living experience.
Zillow last checked: 8 hours ago
Listing updated: August 01, 2025 at 04:47pm
Listed by:
Mark Szaro 401-207-4114,
WATCH HILL PROPERTIES
Bought with:
William Hecker, RES.0031080
BHHS New England Properties
Source: StateWide MLS RI,MLS#: 1384529
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bathroom
- Level: First
Other
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric, Baseboard, Heat Pump, Zoned
Cooling
- Heat Pump, Individual Unit, Wall Unit(s)
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Range Hood, Microwave, Oven/Range, Refrigerator, Washer, Whirlpool
- Laundry: In Unit
Features
- Wall (Cermaic), Wall (Dry Wall), Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Cap), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Carpet
- Windows: Insulated Windows
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,116
- Total interior livable area: 1,116 sqft
- Finished area above ground: 1,116
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: No Garage, Assigned, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: Third Floor or higher Access
- Exterior features: Balcony
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Access, Flood Insurance, Walk to Salt Water, Walk To Water
Lot
- Size: 0.46 Acres
- Features: Local Historic District, Security, Sidewalks
Details
- Parcel number: WESTM179B101LW402
- Zoning: SCWH
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Ceramic, Dry Wall, Shingles
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: In Fee, Septic Tank
- Water: Common Meter, In Fee, Municipal
- Utilities for property: Underground Utilities, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Schools, Near Shopping, Near Swimming, Tennis, On-Site Maintenance
Location
- Region: Westerly
- Subdivision: Watch Hill Village
HOA & financial
HOA
- Has HOA: No
- HOA fee: $670 monthly
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | $1,650,000-2.7%$1,478/sqft |
Source: | ||
| 7/8/2025 | Pending sale | $1,695,000$1,519/sqft |
Source: | ||
| 5/12/2025 | Listed for sale | $1,695,000+5.9%$1,519/sqft |
Source: | ||
| 11/2/2023 | Listing removed | -- |
Source: | ||
| 7/18/2023 | Listed for sale | $1,600,000+7%$1,434/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,605 -22.7% | $788,300 +6.7% |
| 2024 | $7,249 +2.6% | $738,900 |
| 2023 | $7,064 | $738,900 |
Find assessor info on the county website
Neighborhood: 02891
Nearby schools
GreatSchools rating
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 4.6 mi
- 6/10Westerly High SchoolGrades: 9-12Distance: 5 mi
- 6/10Dunn's Corners SchoolGrades: K-4Distance: 5 mi

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$1,682,900
2% more+ $33,658
With Zillow Showcase(estimated)
$1,716,558
