38 Bay Street, Unit#w301 Westerly

$2,800,000
2 2 1,000 sq ft

The Property

A fully renovated two-bedroom, two-bath residence in the historic Watch Hill Inn, a Relais & Châteaux property.

This residence boasts a magnificent 12-by-32-foot outdoor deck furnished with chaise lounges and an outdoor dining table that seats six. Enjoy spectacular sunset and ocean views from the direct southwestern exposure overlooking Little Narragansett Bay and the Watch Hill Yacht Club, all from the heart of historic Watch Hill Village.

Enjoy a fully equipped kitchen with an electric range, refrigerator, microwave, oven, and exhaust hood, dining area, two tiled full bathrooms, and a contemporary decorative fireplace in the living room.

Accommodates up to 6 guests with 2 on-site parking spaces. An on-site property manager maintains the common areas of this gated community.

It is fully furnished & participates in the Ocean House Rental Program. Participation is optional, allowing the owner to occupy the residence or generate rental income when it is not in use. Owners who participate in the program, operated by Ocean House Management as the hospitality manager, have access to Ocean House amenities during their stays. These amenities include a private Atlantic Ocean beach, spa, fitness center, indoor lap pool, croquet court, shuttle service, and several dining venues.

Located on Bay Street, offering unobstructed views and is within walking distance of local shops, the historic Watch Hill Carousel, a famous ice cream shop, and three pristine beaches.

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Listing Details

MLS Number

1417980

Lot Size:

0.46 acres

Features

  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Balcony
  • Deck
  • Fireplace: Wood Frame
  • Heating: Electric, Baseboard, Heat Pump
  • Heating Fuel: Electric, Baseboard, Heat Pump
  • Laundry
  • Local Historic District
  • Private Compound
  • Security
  • Sidewalks
  • Underground Utilities
  • Year Built: 2006
  • Water Amenities: Access, Dock, Flood Insurance, River, Saltwater View, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today63-95.7% decrease in inventory
    New on Market *35-12.5% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$764.62$5 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,979,572$757,436 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.41%-2.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$751.39$257 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7515 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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Listed by WATCH HILL PROPERTIES
Email: peter@watchhillproperties.com
Phone: 401-315-5454

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