116 Balsam Road South Kingstown

$485,000
2 1 850 sq ft

The Property

Tucked away in the sought-after Ocean Ridge community, this charming cottage offers the perfect blend of comfort, character, and coastal living. With Deeded Water Rights and membership in the Ocean Ridge Civic Association (O.R.C.A.), you’ll enjoy exclusive access to a private beach on Green Hill Pond, kayak/canoe storage, two boat ramps, a 22-slip marina, beach pavilion, clubhouse, and vibrant year-round events.Whether you’re a first-time buyer, downsizing, seeking a summer escape, or looking for a smart investment, this home fits the bill. The fenced backyard provides privacy and space to relax, entertain, or garden. Inside, the cozy interior is filled with warmth and natural light, while the dry basement—with its efficient wood stove—offers flexible space for storage, a home office, or guest overflow.

Bike to nearby Charlestown Beach, or explore local cafés, restaurants, and ice cream shops just minutes away. With easy access to Route 1 and close proximity to URI, this home is ideally located for enjoying everything coastal Rhode Island has to offer.

Embrace the laid-back lifestyle where every day feels like a vacation. Your coastal escape awaits in Ocean Ridge

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Listing Details

MLS Number

1388340

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Laundry, Work Shop
  • Golf
  • Highway Access
  • Hospital
  • Marina
  • Railroad
  • Recreational Facilities
  • Deck
  • Screened Pch/Patio/Dck/Brzwy
  • Fireplace: Wood Insert
  • Heating: Electric, Wood, Baseboard
  • Heating Fuel: Electric, Wood, Baseboard
  • Out Building
  • Type: Bungalow, Cottage, Ranch
  • Year Built: 1956
  • Water Amenities: Access, Beach, Dock, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in South Kingstown

  • Overview
    Homes for Sale Today63-95.1% decrease in inventory
    New on Market *2623.8% increase in new listings
    Avg. Asking Price/Sq.Ft. *$455.61$42 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$986,589$174,228 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.82%-1% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$517.21$61 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *971 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?

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

Listed by Key Real Estate Services

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