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5 Martin Court Narragansett

$799,000
5 3 1,830 sq ft

The Property

Investors and Seasonal Owners take Note-With recent 5 person allotment regulation passing in the State House allowing for additional Income! Leases in place for Academic Year with strong Summer rental history! Tucked away in the desirable Point Judith area of Narragansett, this expansive 5-bedroom, 3-bathroom town sewer ranch offers abundant living space and a prime location. Positioned at the end of a quiet cul-de-sac on a secluded lot, the home is just minutes from Point Judith Pond, Scarborough Beach, the B.I. Ferry, Iggy’s clam shack, and so much more! Upon entering, you’re greeted by an open-concept living area that effortlessly flows into a welcoming kitchen with sun room overlooking trex deck. The original house offers three bedrooms and two full bathrooms, along with a utility room equipped with a washer/dryer and ample storage for linens and beach gear.

Adjacent to the kitchen, a private bedroom serves as the gateway to a separate guest (or owner’s) suite. This flex space includes a fifth bedroom with its own full bathroom, as well as a separate living and dining area. For added privacy, the space can be locked off, allowing guests to enjoy their own secluded retreat with a private entrance on separate deck for relaxation. A fenced area off the deck ensures your pets can enjoy the outdoors safely. The property also includes a shed for storing beach equipment. With natural gas, ample parking and central A/C, this home is as practical as it is inviting.

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Listing Details

MLS Number

1366989

Lot Size:

0.26 acres

Features

  • Basement: Crawl Space
  • Vinyl Siding
  • Heating: Baseboard
  • Heating Fuel: Electric,Gas
  • Cul De Sac
  • Paved Driveway
  • Type: Ranch
  • Year Built: 1965
  • Water Amenities: Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Narragansett

  • Overview
    Homes for Sale Today59-93.3% decrease in inventory
    New on Market *3566.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$758.54$39 increase in List Price/Sq.Ft.
    Avg. Sale Price *$998,604$354,336 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.33%2% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$708.68$88 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *605 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?

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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 RE/MAX Professionals

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