49 Benson Avenue, Westerly
49 Benson Avenue, Westerly
49 Benson Avenue, Westerly

49 Benson Avenue Westerly

$1,200,000
6 1 1,590 sq ft

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The Property

Located in one of Westerly’s most sought-after coastal neighborhoods, this rare two-family beach cottage presents an exceptional opportunity for investors, vacation homeowners, or those seeking a premier beach retreat. Just a short stroll from the sandy shoreline of Misquamicut and Benson Avenue Beach, this property offers the coveted coastal lifestyle that makes this area one of Rhode Island’s most desirable seaside destinations.

The existing structure features two separate units, each offering 3 bedrooms, a kitchen, and a half bath, providing flexible rental or family-use options. Two outdoor showers make it easy to rinse off after a day at the beach, while the property’s location allows residents and guests to enjoy the charm, exclusivity, and limited inventory that define this highly desirable beach community.

Situated on a cesspool system and notably not requiring flood insurance, the property offers a unique investment opportunity in a location where beach-area properties are tightly held and consistently in demand. Whether you’re looking to renovate, maximize rental income, or create the ultimate coastal getaway, the possibilities are abundant.

Buyer to perform all due diligence regarding property condition, future use, redevelopment potential, and all municipal requirements. Property is being sold as-is.

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Listing Details

MLS Number

1415303

Lot Size:

0.21 acres

Features

  • Year Built: 1940
  • Water Amenities: Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today57-96% decrease in inventory
    New on Market *4042.9% increase in new listings
    Avg. Asking Price/Sq.Ft. *$828.81$198 increase in List Price/Sq.Ft.
    Avg. Sale Price *$989,800$43,792 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.63%0.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$557.49$171 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5642 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Elite Property Group

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