For sale

$850,000

40 Tern Rd, Narragansett, RI 02882

3beds

2,136sqft

$5,120/mo

Get pre-qualified

Single Family Residence

Built in 1961

9,583 Square Feet Lot

$807,700 Zestimate^®

$398/sqft

$-- HOA

What's special

Beautifully updated spaces

What an incredible opportunity in Narragansett, RI! Tucked away in a truly hidden-gem neighborhood, this property offers the perfect blend of privacy and convenience, just minutes from Narragansett’s beautiful beaches, renowned restaurants, shopping, and many of the area’s favorite attractions. Completely transformed and thoughtfully updated from top to bottom, this turnkey property is ready for its next owner. With its exceptional location, beautifully updated spaces, and endless potential, the possibilities are truly limitless. The neighborhood even offers the option of a boat mooring nearby. Whether you’re looking for a year-round residence, a coastal getaway, or an investment opportunity, this is one you won’t want to miss!

7 hours
401
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Forced Air

Cooling

None

Appliances

Included: Gas Water Heater

Features

Plumbing (Mixed)
Flooring: Other
Basement: Partial,Interior Entry,Partially Finished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,212
Total interior livable area: 2,136 sqft
Finished area above ground: 1,212
Finished area below ground: 924

Property

Parking

Total spaces: 12
Parking features: Detached
Garage spaces: 2

Features

Waterfront features: Access

Lot

Size: 9,583 Square Feet

Details

Parcel number: NARRMWB150
Zoning: R-40

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Block

Condition

New construction: No
Year built: 1961

Utilities & green energy

Electric: 150 Amp Service
Sewer: Septic Tank
Utilities for property: Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis

HOA

Has HOA: No

Location

Region: Narragansett

Financial & listing details

Price per square foot: $398/sqft
Tax assessed value: $449,000
Annual tax amount: $3,049
Date on market: 8/30/2026

Estimated market value

$807,700

$767,000 - $848,000

$2,539/mo

Price history

Date	Event	Price
8/30/2026	Listed for sale	$850,000+33.9%$398/sqft
Source: StateWide MLS RI #1421905 Report a problem
7/13/2026	Sold	$635,000+1.6%$297/sqft
Source: StateWide MLS RI #1412102 Report a problem
6/8/2026	Pending sale	$625,000$293/sqft
Source: StateWide MLS RI #1412102 Report a problem
6/2/2026	Contingent	$625,000$293/sqft
Source: StateWide MLS RI #1412102 Report a problem
5/13/2026	Listed for sale	$625,000+174.7%$293/sqft
Source: StateWide MLS RI #1412102 Report a problem
9/19/2012	Sold	$227,500$107/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,049 +3.7%	$449,000
2024	$2,941 -0.9%	$449,000 +36.1%
2023	$2,968	$329,800
2022	$2,968 +1.6%	$329,800
2021	$2,922 -12.1%	$329,800 +3.9%
2020	$3,325 +2.4%	$317,300
2019	$3,246 +2.8%	$317,300
2018	$3,157 +14.1%	$317,300 +21.1%
2017	$2,768 +4.8%	$262,100
2016	$2,642 +1.4%	$262,100
2015	$2,605 +2.1%	$262,100 +3.1%
2014	$2,552 +2.4%	$254,200
2013	$2,491 +2.4%	$254,200
2012	$2,433 +0.9%	$254,200 -5.4%
2011	$2,411 +1.2%	$268,800
2010	$2,382 +3.8%	$268,800 +0.5%
2009	$2,295 +2.5%	$267,500 -13.4%
2008	$2,240 +4.2%	$308,900
2007	$2,150	$308,900