COASTAL WATERFRONT! Nestled in historic Arnold's Neck, this 3 bedroom, charming Cape style cottage offers waterfront living with tranquil views of Greenwich and Narragansett bays. The bright and airy, open concept layout, provides a cozy atmosphere perfect for entertaining; or simply enjoy the serenity of watching seasons change. The updated eat-in kitchen has quartz countertops and SS appliances. The second floor boasts beautifully finished, original hardwood flooring, 3 ample-sized bedrooms and a bathroom. The home also offers basement access from inside and out, ideal for storage or creating a rec area. Sit back and relish the vibrant boating activity, stunning sunrises, glowing moon light and enchanting coastal breezes. Perfect for outdoor enthusiasts who enjoy bird watching, fishing, kayaking and other watersports including a New England waterfront lifestyle with very close proximity to marinas, train station, airport, highways, major commerce, and local fine dining at its best. This is a fantastic opportunity to own a double lot waterfront home and creating lasting memories on the bay. It’s also a wonderful opportunity to secure your very own vacation retreat or a smart investment property. Embrace the potential for growth and equity in this idyllic setting on Paul Avenue. NO FLOOD INSURANCE! Call now to schedule your private tour and make this cottage yours!
Sold for $304,855
$304,855
40 Paul Ave, Warwick, RI 02886
3beds
1,260sqft
Single Family Residence
Built in 1921
0.32 Acres Lot
$311,200 Zestimate®
$242/sqft
$2,986 Estimated rent
Home value
$311,200
$280,000 - $345,000
$2,986/mo
Zestimate® history
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$2,986/mo
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$2,986/mo
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$1,976/mo
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$1,976/mo
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Zillow last checked:
Listing updated:
Listed by:
Hanne LeBlanc 401-241-6306,
Keller Williams Coastal
Bought with:
Mary Noll, RES.0034409
HomeSmart First Class Realty
Source: StateWide MLS RI,MLS#: 1365540
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Oil, Forced Air
Cooling
- None
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Wall (Paneled), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Hardwood, Vinyl
- Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
- Finished area above ground: 1,260
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: No Garage
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Beach, Saltwater Front
Lot
- Size: 0.32 Acres
- Features: Cul-De-Sac, Extra Lot, Wooded
Details
- Parcel number: WARWM365B0014L0000
- Zoning: A7
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Dry Wall, Paneled, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
Location
- Region: Warwick
- Subdivision: Arnold's Neck
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Sold | $304,855-45.1%$242/sqft |
Source: Public Record Report a problem | ||
| 10/21/2024 | Sold | $555,000-4.3%$440/sqft |
Source:  StateWide MLS RI #1365540 Report a problem | ||
| 10/4/2024 | Pending sale | $579,900$460/sqft |
Source: StateWide MLS RI #1365540 Report a problem | ||
| 9/21/2024 | Contingent | $579,900$460/sqft |
Source: StateWide MLS RI #1365540 Report a problem | ||
| 8/14/2024 | Listed for sale | $579,900+64.3%$460/sqft |
Source: StateWide MLS RI #1365540 Report a problem | ||
| 4/13/2021 | Sold | $353,000-5.9%$280/sqft |
Source: StateWide MLS RI #1272568 Report a problem | ||
| 3/5/2021 | Contingent | $375,000$298/sqft |
Source: StateWide MLS RI #1272568 Report a problem | ||
| 2/14/2021 | Listed for sale | $375,000$298/sqft |
Source: StateWide MLS RI #1272568 Report a problem | ||
| 2/7/2021 | Pending sale | $375,000$298/sqft |
Source: StateWide MLS RI #1272568 Report a problem | ||
| 1/27/2021 | Listed for sale | $375,000$298/sqft |
Source: StateWide MLS RI #1272568 Report a problem | ||
| 1/16/2021 | Contingent | $375,000$298/sqft |
Source: StateWide MLS RI #1272568 Report a problem | ||
| 1/13/2021 | Listed for sale | $375,000$298/sqft |
Source: StateWide MLS RI #1272568 Report a problem | ||
| 1/13/2021 | Listing removed | -- |
Source:  StateWide MLS RI Report a problem | ||
| 1/12/2021 | Listed for sale | $375,000$298/sqft |
Source: Besson Realty Inc. #1272568 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,782 | $468,700 |
| 2024 | $6,782 +2% | $468,700 |
| 2023 | $6,651 -0.2% | $468,700 +31.7% |
| 2022 | $6,664 -5.7% | $355,800 -5.7% |
| 2021 | $7,065 | $377,200 |
| 2020 | $7,065 | $377,200 |
| 2019 | $7,065 +7.9% | $377,200 +19.8% |
| 2018 | $6,548 +2.8% | $314,800 |
| 2017 | $6,372 | $314,800 |
| 2016 | $6,372 +0.6% | $314,800 +3.2% |
| 2015 | $6,331 +3.4% | $305,100 |
| 2014 | $6,120 +1.4% | $305,100 |
| 2013 | $6,038 -2.2% | $305,100 -12.6% |
| 2011 | $6,174 +1.2% | $349,000 |
| 2010 | $6,101 -3.4% | $349,000 -21.8% |
| 2009 | $6,314 +5.4% | $446,500 |
| 2008 | $5,988 +12% | $446,500 +29.1% |
| 2007 | $5,348 | $345,900 |
| 2006 | $5,348 +4.4% | $345,900 |
| 2004 | $5,123 +61.3% | $345,900 +203% |
| 2003 | $3,177 | $114,160 |
Find assessor info on the county website
Neighborhood: 02886
Nearby schools
GreatSchools rating
- 5/10Robertson SchoolGrades: K-5Distance: 0.8 mi
- 5/10Winman Junior High SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Toll Gate High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$311,200
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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
$311,200
- Rhode Island
- Kent County
- Warwick
- 02886
- 40 Paul Ave
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