99 Smith Street Bristol

$1,395,000
2 2 1,958 sq ft

The Property

The seller is installing a 3 zone, mini split system that will be in place before closing and provide both heat and air conditioning. Bristol has a Homestead exemption that can be combined with other exemptions. The tax rate is 10.61 for Residential. This contemporary style home on the Kickemuit River offers the ultimate coastal living experience at a one-of-a-kind location.

It has been completely re-built in 2006 with 17 concrete pilings added for stability and can withstand high winds. The modern design and large windows provide 270-degree panoramic views and plenty of natural light. Outdoor enthusiasts can take advantage of the private beach for sunbathing, sailing and kayaking. This area is a safe harbor during storms. There is a Mooring, and docks are permitted in this area. This property sits across from the Touisset Marsh Wildlife Refuge and is across from the inlet access to Mount Hope Bay. The property is just minutes to Newport by boat Take advantage of the robust weekly rental market in this area. Let this property pay for itself when you are not there. This property brings in $750-$1000 a night. The Town of Bristol offers a 75% incentive to lift the home above the flood zone for certain properties close to the shore. Conveniently located near amenities in Bristol, Warren and Barrington with many restaurants and Colt State Park nearby. This property is a paradise for water lovers. Can you imagine spending the holidays here?

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Listing Details

MLS Number

1387010

Lot Size:

0.17 acres

Features

  • Basement: Crawl Space
  • Golf
  • Highway Access
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Shopping
  • Near Swimming
  • Tennis
  • Balcony
  • Deck
  • Patio
  • Heating: Electric, Other Fuel, Heat Pump, Other, Zoned
  • Heating Fuel: Electric, Other Fuel, Heat Pump, Other, Zoned
  • Corner Lot
  • Fenced
  • Type: Colonial, Contemporary
  • Year Built: 1920
  • Water Amenities: Waterfront, Beach, Flood Insurance, Saltwater Front

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Market Trends for Single Family Homes
in Bristol

  • Overview
    Homes for Sale Today24-96.3% decrease in inventory
    New on Market *17-5.6% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$375.92$42 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$662,200$34,441 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.50%3.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$425.93$22 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *548 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 Homesmart Professionals

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