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16 Pearse Avenue Bristol

$597,500
2 2 1,317 sq ft

The Property

Nestled by the waterfront and just a stroll away from the ocean, marinas, top-notch amenities, and dining experiences, this stunning retreat home offers a perfect blend of year-round tranquility and exceptional income potential! Originally designed as a single-family home, the main house has been artfully reconfigured to maximize success as an Airbnb. Additionally, the rear part of the property has been set up for year-round rental opportunities. Recently revitalized, this two-bedroom, two-bathroom home is a testament to coastal charm, boasting updated interiors and an energy-efficient furnace that ensures year-round comfort while promoting sustainability. The presence of two full eat-in kitchens caters perfectly to guests and/or long-term residents.

You’ll be pleased to know that the home will come fully furnished, eliminating the hassle of moving in, and can be easily returned to a single-family home. Imagine unwinding on your private deck after a day by the harbor – the perfect way to relax and recharge. As a bonus, a garage with an attached open floor plan loft area currently functions as an art studio all year round. It also holds exciting potential to be transformed into an accessory dwelling unit (ADU), offering additional flexibility and utility. With its prime location and versatile layout, this property presents a rare opportunity in this beautiful coastal town’s thriving vacation rental market.

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Listing Details

MLS Number

1364805

Lot Size:

0.17 acres

Features

  • Basement: Full
  • Deck
  • Insulated Glass Windows
  • Porch
  • Vinyl Siding
  • Heating: Forced Water
  • Heating Fuel: Gas
  • Garage: Detached
  • Barn
  • Paved Driveway
  • Type: Cottage
  • Year Built: 1860
  • Water Amenities: Walk to Salt Water

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Market Trends for Single Family Homes
in Bristol

  • Overview
    Homes for Sale Today21-96.1% decrease in inventory
    New on Market *1318.2% increase in new listings
    Avg. Asking Price/Sq.Ft. *$440.95$42 increase in List Price/Sq.Ft.
    Avg. Sale Price *$707,400$69,329 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.49%-4.1% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$380.08$19 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *661 increase 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 Coldwell Banker Realty

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