8 Tonkawa Avenue Westerly

$580,000
3 2 1,049 sq ft

The Property

Welcome to 8 Tonkawa Ave-where coastal living meets convenience, lifestyle, and long term value. This is a charming single family home perfectly situated in the heart of Indian Hills, one of Westerly’s most desirable coastal neighborhoods. Just minutes from the sparkling shores of Misquamicut and Watch Hill beaches, this property offers the perfect blend of seaside serenity, everyday convenience, and income producing opportunity. Live the coastal lifestyle you’ve always dreamed of, with beaches so close you can walk, bike or take a quick drive to dip your toes in the Atlantic.

Whether it’s a morning stroll along the shore or sunset cocktails with an ocean breeze, this location puts it all within reach. This property is fully renovated with modern finishes featuring 3 bedrooms and 2 full bathrooms, a finished basement with additional living area and office space. The backyard has an outdoor shower, a screened in porch, a Koi pond, and an above ground pool. Whether you’re seeking a year round residence, a second home, or a turnkey vacation rental, this property is an ideal investment. With Westerly’s popularity as a summer destination, the potential for strong short term rental income is undeniable. Don’t miss your chance to own in one of Rhode Island’s most sought after seaside communities.

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Listing Details

MLS Number

1390478

Lot Size:

0.48 acres

Features

  • Basement: Full, Interior and Exterior, Finished, Bathroom, Bedroom(s), Living Room
  • Golf
  • Highway Access
  • Hospital
  • Marina
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Screened Pch/Patio/Dck/Brzwy
  • Heating: Oil, Baseboard
  • Heating Fuel: Oil, Baseboard
  • Paved Driveway
  • Pool
  • Type: Raised Ranch
  • Year Built: 1974
  • Water Amenities: Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today57-95.9% decrease in inventory
    New on Market *23-17.9% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$478.07$20 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$744,180$125,120 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *94.12%-5.8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$604.52$154 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9320 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 Real Broker, Llc

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