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Sold for $1,326,000
  • $1,326,000

    40 Pier Market Pl, Narragansett, RI 02882

    3beds
    1,680sqft
    Townhouse
    Built in 1984
    -- sqft lot
    $1,468,300 Zestimate®
    $789/sqft
    $3,779 Estimated rent

    Home value

    $1,468,300

    $1.35M - $1.62M

    $3,779/mo

    Zestimate® history
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    $3,779/mo

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    $7,891/mo

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    What's special

    Direct beach accessBreathtaking sunrises and sunsetsExpansive decksCorner condo
    ***OPEN HOUSE CANCELLED*** Welcome to one of the most coveted locations in Narragansett, where oceanfront living meets coastal luxury. This 1,680 sq/ft, 3 bed, 2.5 bath corner condo offers unparalleled panoramic views of the Atlantic, Narragansett Town Beach, & the iconic Towers. From 2 expansive decks, you’ll experience breathtaking sunrises and sunsets - views that are simply priceless. Imagine starting your day with a stroll along the renowned mile-long beach, recognized as New England’s top beach by Boston Globe. It’s the perfect way to elevate your mood and embrace coastal living. Location is everything, & this property is a true once-in-a-lifetime opportunity. In addition to direct beach access, you’ll enjoy walking to the area’s best restaurants, charming boutiques, and weekly town events. All this, just steps from the historic Towers, one of RI’s most treasured landmarks. As if the location alone weren’t enough, this condo comes with an additional bonus: a retail store with a successful long-term tenant, ensuring a steady stream of income. Whether you plan to live here full-time or use it as a seasonal retreat, the flexible rental policy, which includes a 30-day minimum rental period, makes it easy to generate income while you’re away, offering incredible potential for both short and long-term rentals. This is an opportunity that simply won’t last. Don’t miss your chance to own a slice of paradise. Call today to schedule your private showing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Paula Torres 401-680-3335,

    Keller Williams Leading Edge

    Bought with:

    Peter Ciccone, RES.0026294

    RE/MAX Professionals

    Source: StateWide MLS RI,MLS#: 1371085MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Electric, Heat Pump, Individual Control
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Dishwasher, Dryer, Disposal, Oven/Range, Refrigerator, Washer
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Cathedral Ceiling(s), Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Ceramic Tile, Hardwood, Carpet
    • Basement: Partial,Interior Entry,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,680
    • Total interior livable area: 1,680 sqft
    • Finished area above ground: 1,680
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Assigned
    • Garage spaces: 2
    Features
    • Stories: 3
    • Entry location: Second Floor Access
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach, Ocean Front, Walk to Salt Water
    Lot
    • Features: Paved
    Details
    • Parcel number: NARRMCB319L10
    • Zoning: UR
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Dry Wall, Shingles, Vinyl Siding
    • Foundation: Unknown
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers, Individual Meter
    • Water: Individual Meter
    • Utilities for property: Underground Utilities, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    Location
    • Region: Narragansett
    • Subdivision: Pier Market Place

    HOA & financial

    HOA
    • Has HOA: No
    • HOA fee: $1,280 monthly

    Price history

    DateEventPrice
    11/14/2024Sold$1,326,000+10.5%$789/sqft
    Source: StateWide MLS RI #1371085 Report a problem
    10/27/2024Pending sale$1,200,000$714/sqft
    Source: StateWide MLS RI #1371085 Report a problem
    10/23/2024Listed for sale$1,200,000+118.2%$714/sqft
    Source: StateWide MLS RI #1371085 Report a problem
    12/13/2011Sold$550,000-35.3%$327/sqft
    Source: Agent Provided Report a problem
    9/5/2011Listed for sale$850,000$506/sqft
    Source: Carty Realty Co. #1000769 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,473 +3.7%$953,300
    2024$6,244 +1.2%$953,300 +39.1%
    2023$6,167 $685,200
    2022$6,167 +1.6%$685,200
    2021$6,071 -5.5%$685,200 +11.8%
    2020$6,424 +2.4%$613,000
    2019$6,271 +2.8%$613,000
    2018$6,099 -0.8%$613,000 +5.3%
    2017$6,150 +4.8%$582,400
    2016$5,871 +1.4%$582,400
    2015$5,789 -1%$582,400
    2014$5,847 +2.4%$582,400
    2013$5,708 +2.4%$582,400
    2012$5,574 -0.7%$582,400 -6.9%
    2011$5,612 +1.2%$625,600
    2010$5,543 +7.9%$625,600 +4.5%
    2009$5,136 +18.3%$598,600
    2008$4,340 +4.2%$598,600
    2007$4,166 $598,600

    Find assessor info on the county website

    Neighborhood: Narragansett Pier

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,468,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,468,300