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Sold
  • $1,500,000

    118 Bay St Suite 4, Westerly, RI 02891

    2beds
    924sqft
    Condominium
    Built in 1938
    -- sqft lot
    $1,508,300 Zestimate®
    $1,623/sqft
    $2,112 Estimated rent

    Home value

    $1,508,300

    $1.39M - $1.63M

    $2,112/mo

    Zestimate® history
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    What's special

    Wet bar areaThoughtfully designed layoutWater viewsDirect harbor viewsCentral air conditioningTwo comfortable bedroomsFull kitchen
    A rare second chance to own in the heart of Watch Hill! This beautifully maintained two-bedroom, two-bath condominium combines an exceptional village location with direct harbor views. From the private deck, watch the boats come and go, savor morning coffee by the water, or unwind with cocktails as the cannon announces the sunset. Bright and inviting, the 924-square-foot residence offers a thoughtfully designed layout with two comfortable bedrooms, two full baths—including a primary en suite—a full kitchen, wet bar area, washer/dryer, central air conditioning, and living spaces positioned to showcase the view. Just outside your door, stroll to Napatree Point and East Beach; explore the shops, galleries and restaurants along Bay Street; ride the historic Flying Horse Carousel; or enjoy a lobster boil at the Ocean House. Few properties place the best of Watch Hill within such easy reach. Ideal as a summer getaway, year-round retreat, or investment in one of Rhode Island’s most treasured seaside communities, this residence offers an increasingly rare combination: water views, walkability to the beach, and effortless access to the Watch Hill lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Nigrelli 401-742-5570,

    Residential Properties, Ltd.

    Bought with:

    Dianne Lemay, RES.0040230

    Residential Properties, Ltd.

    Source: StateWide MLS RI,MLS#: 1422356MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    Bedroom 2
    • Level: First
    Bathroom
    • Level: First
    Dining area
    • Level: First
    Kitchen
    • Level: First
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 924
    • Total interior livable area: 924 sqft
    • Finished area above ground: 924
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: No Garage, Assigned
    Features
    • Stories: 1
    • Entry location: Elevator,Second Floor Access
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Saltwater Front, Walk To Water
    Details
    • Parcel number: WESTM185B2LR4
    • Zoning: SCWH
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Dry Wall, Shingles
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Septic Tank
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Restaurants, Schools, Near Shopping
    • Subdivision: Watch Hill
    HOA
    • Has HOA: No
    • HOA fee: $751 monthly
    Location
    • Region: Westerly

    Financial & listing details

    • Price per square foot: $1,623/sqft
    • Tax assessed value: $901,100
    • Annual tax amount: $6,407
    • Date on market: 9/3/2026

    Price history

    DateEventPrice
    9/30/2026Sold$1,500,000-6.3%$1,623/sqft
    Source: StateWide MLS RI #1422356 Report a problem
    9/14/2026Contingent$1,600,000$1,732/sqft
    Source: StateWide MLS RI #1422356 Report a problem
    9/3/2026Listed for sale$1,600,000+0.6%$1,732/sqft
    Source: StateWide MLS RI #1422356 Report a problem
    6/9/2026Sold$1,591,000+15.7%$1,722/sqft
    Source: StateWide MLS RI #1412721 Report a problem
    5/20/2026Contingent$1,375,000$1,488/sqft
    Source: StateWide MLS RI #1412721 Report a problem
    5/15/2026Listed for sale$1,375,000+108.3%$1,488/sqft
    Source: StateWide MLS RI #1412721 Report a problem
    5/3/2024Listing removed--
    Source: Randall, Realtors #1346231 Report a problem
    11/28/2023Listed for rent$2,700$3/sqft
    Source: Randall, Realtors #1346231 Report a problem
    11/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/17/2023Listed for rent$2,700$3/sqft
    Source: Zillow Rentals Report a problem
    6/22/2012Sold$660,000+19311.8%$714/sqft
    Source: Agent Provided Report a problem
    12/7/2008Listing removed$3,400$4/sqft
    Source: Prudential Connecticut Realty #99998338 Report a problem
    10/19/2008Listed for sale$3,400$4/sqft
    Source: Prudential Connecticut Realty #99998338 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,407 -5.2%$901,100 +30.9%
    2024$6,755 +2.6%$688,600
    2023$6,583 $688,600
    2022$6,583 -10.7%$688,600 +7.7%
    2021$7,368 +1.9%$639,600
    2020$7,234 +1%$639,600
    2019$7,164 +1.6%$639,600 +7.8%
    2018$7,050 +2.5%$593,400
    2017$6,878 -0.8%$593,400
    2016$6,931 +4.4%$593,400 -3.3%
    2015$6,640 +1.7%$613,700
    2014$6,530 +1.1%$613,700
    2013$6,462 -5.7%$613,700 -12.8%
    2012$6,853 $703,600
    2011$6,853 +0.4%$703,600
    2010$6,825 +1.9%$703,600 -6.8%
    2009$6,696 $754,900
    2008$6,696 +3.1%$754,900
    2007$6,492 $754,900
    Find assessor info on the county website

    Neighborhood: 02891

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,508,300

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,508,300