Nestled by the waterfront and just a stroll away from the ocean, marinas, top-notch amenities, and dining experiences, this stunning retreat home offers a perfect blend of year-round tranquility and exceptional income potential! Originally designed as a single-family home, the main house has been artfully reconfigured to maximize success as an Airbnb. Additionally, the rear part of the property has been set up for year-round rental opportunities. Recently revitalized, this two-bedroom, two-bathroom home is a testament to coastal charm, boasting updated interiors and an energy-efficient furnace that ensures year-round comfort while promoting sustainability. The presence of two full eat-in kitchens caters perfectly to guests and/or long-term residents. You'll be pleased to know that the home will come fully furnished, eliminating the hassle of moving in, and can be easily returned to a single-family home. Imagine unwinding on your private deck after a day by the harbor - the perfect way to relax and recharge. As a bonus, a garage with an attached open floor plan loft area currently functions as an art studio all year round. It also holds exciting potential to be transformed into an accessory dwelling unit (ADU), offering additional flexibility and utility. With its prime location and versatile layout, this property presents a rare opportunity in this beautiful coastal town's thriving vacation rental market.
Sold for $597,500
$597,500
16 Pearse Ave, Bristol, RI 02809
2beds
1,317sqft
Single Family Residence
Built in 1860
7,405 Square Feet Lot
$688,100 Zestimate®
$454/sqft
$2,732 Estimated rent
Home value
$688,100
$654,000 - $729,000
$2,732/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Bruce Bradford 508-265-4922,
Coldwell Banker Realty
Bought with:
Cathy Sousa, RES.0040311
RE/MAX River's Edge - Bristol
Source: StateWide MLS RI,MLS#: 1364805
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Water
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Dishwasher, Exhaust Fan, Refrigerator
Features
- Wall (Dry Wall), Wall (Paneled), Stairs, Plumbing (PVC), Insulation (Cap), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Hardwood, Laminate
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Unfinished,Laundry,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,317
- Total interior livable area: 1,317 sqft
- Finished area above ground: 1,317
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Detached, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Porch
- Waterfront features: Walk to Salt Water
Lot
- Size: 7,405 Square Feet
- Features: Local Historic District
Details
- Additional structures: Barn(s)
- Foundation area: 960
- Parcel number: BRISM19L29
- Zoning: R-6
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Paneled, Vinyl Siding
- Foundation: Block, Slab, Stone
Condition
- New construction: No
- Year built: 1860
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
HOA
- Has HOA: No
Location
- Region: Bristol
Financial & listing details
- Price per square foot: $454/sqft
- Tax assessed value: $340,900
- Annual tax amount: $4,554
- Date on market: 7/28/2024
- Inclusions: Listing agent related to sellers. The property is a Single-family home that is separated into two seperate units and can be converted back with the unlocking of a door—active AirBNB in the front unit and year-round tenant in the rear unit (tenant has moved out). The house will be mostly furnished. A list of exclusions will be uploaded as addendum A Exclusions. Refrigerators, beds, mattresses, and all accessory furniture will remain on the property. Most of the items required to operate as an Airbnb will stay. Cups, linens, pots and pans, toiletries, etc., also remain in place. Buyer's agent due diligence is required for ADU of the rear Barnstyle loft. Rhode Island allows ADUs by right as of 2022. Please send all offers to bruce.bradford@nemoves.com as a single file PFD, and please allow 24 to review with sellers.
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2024 | Sold | $597,500+0.4%$454/sqft |
Source:  StateWide MLS RI #1364805 Report a problem | ||
| 8/15/2024 | Contingent | $595,000$452/sqft |
Source: StateWide MLS RI #1364805 Report a problem | ||
| 8/15/2024 | Listed for sale | $595,000$452/sqft |
Source: StateWide MLS RI #1364805 Report a problem | ||
| 8/12/2024 | Pending sale | $595,000$452/sqft |
Source: StateWide MLS RI #1364805 Report a problem | ||
| 7/28/2024 | Listed for sale | $595,000+83.1%$452/sqft |
Source: StateWide MLS RI #1364805 Report a problem | ||
| 8/13/2020 | Sold | $325,000$247/sqft |
Source: StateWide MLS RI #1249901 Report a problem | ||
| 4/6/2020 | Pending sale | $325,000$247/sqft |
Source: RE/MAX River's Edge #1249901 Report a problem | ||
| 3/17/2020 | Listed for sale | $325,000$247/sqft |
Source: RE/MAX River's Edge - Bristol #1249901 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,711 +3.4% | $340,900 |
| 2023 | $4,554 +2.8% | $340,900 |
| 2022 | $4,432 +4.8% | $340,900 +15.9% |
| 2021 | $4,231 +70.9% | $294,200 |
| 2020 | $2,476 | $294,200 |
| 2019 | $2,476 +1.9% | $294,200 -0.3% |
| 2018 | $2,429 -37.2% | $295,000 +13.7% |
| 2017 | $3,870 +61.5% | $259,400 |
| 2016 | $2,396 -34.2% | $259,400 |
| 2015 | $3,639 -9.7% | $259,400 -15.9% |
| 2014 | $4,028 +2% | $308,450 |
| 2013 | $3,948 +3% | $308,450 |
| 2012 | $3,834 | $308,450 |
| 2011 | $3,834 +16.1% | $308,450 -3.1% |
| 2010 | $3,301 | $318,300 |
| 2009 | $3,301 +0.2% | $318,300 |
| 2008 | $3,294 +7.4% | $318,300 +9.4% |
| 2007 | $3,068 +2.9% | $290,840 |
| 2005 | $2,981 | $290,840 |
Find assessor info on the county website
Neighborhood: 02809
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Nearby schools
GreatSchools rating
- 8/10Colt Andrews SchoolGrades: K-5Distance: 0.4 mi
- 7/10Kickemuit Middle SchoolGrades: 6-8Distance: 4.3 mi
- 8/10Mt. Hope High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$688,100
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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
$688,100
- Rhode Island
- Bristol County
- Bristol
- 02809
- 16 Pearse Ave
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