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123 Circuit Drive Narragansett

$995,000
3 2 1,467 sq ft

The Property

NEW CONSTRUCTION / TO-BE-BUILT: Wonderful opportunity for brand new custom build in highly desirable Narragansett under $1M! This Lofgren Consulting Architect Concept features beautiful unobstructed Narrow River views and design flexibility. As proposed, the builder, MG Unlimited, will develop a 2 level, 3 bedroom home with full basement. Take this idea and run with it or bring your own vision. Town water, sewer, gas and no flood insurance required! Potential to work directly with builder to conceptualize different design.

Alternatively, option to buy as-is (see MLS 1367721).

***Proposed building plans shown. Final design and build budget are subject to formal agreement with builder.***

***Photos shown are taken from different project location***

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Listing Details

MLS Number

1367795

Lot Size:

0.13 acres

Features

  • Basement: Full
  • None
  • Other Siding
  • Fireplace: Gas Insert
  • Heating: Baseboard, Central Air
  • Heating Fuel: Electric,Gas
  • Corner
  • Waterview
  • Type: Colonial,Contemporary,Cottage,Other,Ranch
  • Year Built: 2024
  • Water Amenities: Access, Saltwater View, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Narragansett

  • Overview
    Homes for Sale Today26-97.2% decrease in inventory
    New on Market *5-50% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$735.53$112 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,020,674$138,871 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.54%2.5% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$646.69$66 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *703 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 Edge Realty RI

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