Unparalleled waterfront opportunity in highly coveted Bonnet Shores! Positioned high above the coastline with no flood insurance required due to its elevation, this oversized, nearly half acre parcel commands breathtaking 180-degree panoramic views spanning Narragansett Bay, from the iconic Jamestown and Newport bridges, past Beavertail to the Atlantic Ocean. Originally two separate parcels, this property offers rare potential to unmerge into two standalone lots (approvals required) or build the ultimate luxury oceanfront compound. The property currently features a 2,900 SF, 4-bedroom, 2-bath 1938 Colonial with hardwood floors, town water, and town sewer. Whether you choose to redevelop, or restore, the clifftop location is unmatched. Lots of this size offering an opportunity to build your dream home are exceedingly rare in Bonnet Shores! Enjoy the quintessential Narragansett lifestyle with exclusive deeded beach rights to Bonnet’s private Kelly Beach and boat launch access at Little Beach. Don't miss this extraordinary piece of coastal Rhode Island. Please see the video for additional footage.
For sale
$4,499,000
168 Colonel John Gardner Rd, Narragansett, RI 02882
4beds
2,906sqft
Single Family Residence
Built in 1938
0.47 Acres Lot
$-- Zestimate®
$1,548/sqft
$-- HOA
What's special
- 27 days
- 2,261
- 72
Zillow last checked:
Listing updated:
Listed by:
Michele Doherty 401-835-1616,
Lila Delman Compass
Source: StateWide MLS RI,MLS#: 1421772
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Bathroom
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: Second
Heating
- Electric, Baseboard
Cooling
- Has cooling: Yes
Appliances
- Included: Electric Water Heater
Features
- Plumbing (Mixed)
- Flooring: Ceramic Tile, Hardwood
- Basement: Crawl Space,Unfinished
- Number of fireplaces: 1
- Fireplace features: Brick
Interior area
- Total structure area: 2,906
- Total interior livable area: 2,906 sqft
- Finished area above ground: 2,906
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
Lot
- Size: 0.47 Acres
Details
- Parcel number: NARRMNSB250
- Zoning: R10
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Shingles
- Foundation: Unknown
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Bonnet Shores
HOA
- Has HOA: No
Location
- Region: Narragansett
Financial & listing details
- Price per square foot: $1,548/sqft
- Tax assessed value: $2,504,800
- Annual tax amount: $17,634
- Date on market: 8/28/2026
- Inclusions: Property is in an estate and is being sold As-Is.
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $4,499,000$1,548/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,008 +3.7% | $2,504,800 |
| 2024 | $16,406 +18.3% | $2,504,800 +62.6% |
| 2023 | $13,867 | $1,540,800 |
| 2022 | $13,867 +1.6% | $1,540,800 |
| 2021 | $13,651 -11.1% | $1,540,800 +5.1% |
| 2020 | $15,361 +2.4% | $1,465,700 |
| 2019 | $14,994 +53.8% | $1,465,700 |
| 2018 | $9,750 -38.9% | $1,465,700 -3% |
| 2017 | $15,949 +4.8% | $1,510,300 |
| 2016 | $15,224 +1.4% | $1,510,300 |
| 2015 | $15,012 +22.8% | $1,510,300 +24% |
| 2014 | $12,227 +2.5% | $1,217,800 |
| 2013 | $11,934 +2.4% | $1,217,800 |
| 2012 | $11,654 -0.8% | $1,217,800 -7% |
| 2011 | $11,748 +1.2% | $1,309,700 |
| 2010 | $11,604 +3.3% | $1,309,700 |
| 2009 | $11,237 -0.2% | $1,309,700 -15.7% |
| 2008 | $11,261 +4.2% | $1,553,300 |
| 2007 | $10,811 -2.4% | $1,553,300 +52.8% |
| 2005 | $11,073 | $1,016,800 |
Find assessor info on the county website
Monthly payment
Est. payment







