18 Balsam Road South Kingstown

$550,000
2 2 672 sq ft

The Property

Discover the perfect coastal getaway in this charming beach cottage, nestled in the highly sought-after Ocean Ridge community. Ideal for first-time buyers, those looking to downsize, or anyone seeking a summer escape or a lucrative rental investment, this property offers a world of possibilities. Situated on a private, park-like lot with a fully fenced yard, the cottage features a delightful outdoor shower for refreshing rinses after beach days.

Inside, the cottage exudes warmth and comfort with a cozy stone fireplace and oil-fired forced hot water heating, ensuring comfort throughout the cooler months.

The partially finished dry basement provides additional living space and ample storage.

As a resident of Ocean Ridge, you’ll enjoy membership in the Ocean Ridge Civic Association (O.R.C.A.), which includes access to a clubhouse, beach pavilion, private Greenhill Pond beach, kayak/canoe racks, two boat ramps, a 22-slip marina, and a variety of community events.

Conveniently located, this property offers easy biking distance to Charlestown Beach and is close to local ice cream shops, restaurants, and cafes. It’s also just minutes from the University of Rhode Island (URI) and offers quick access to Route 1, making all of Rhode Island’s attractions easily accessible.

Whether you seek relaxation by the beach or a home with convenient access to amenities and entertainment, this beach cottage embodies the quintessential Rhode Island lifestyle.

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Listing Details

MLS Number

1360598

Lot Size:

0.23 acres

Features

  • Basement: Full
  • Deck
  • Insulated Glass Windows
  • Shingles
  • Storm Door
  • Fireplace: Stone
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Bottle Gas,Oil
  • Fenced
  • Out Building
  • Type: Cottage,Ranch
  • Year Built: 1972
  • 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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