HIGHEST & BEST 5/28 @ NOON -A rare chance to own a classic wood-shingle gambrel just a short stroll from the Dunes Club and Narragansett Town Beach. This home sits on a generous 0.76-acre lot and is offered for the first time by its original owner. Hear the waves from your back deck, catch summer concerts from the beach, or watch Fourth of July fireworks from your own yard. The first floor has two comfortable living areas: a family room with wood stove and brick hearth, and a living room with fireplace and built-in bookshelves—both with hardwood floors and both opening to a deck spanning the house. There’s a formal dining room for special occasions, and a more casual dining space just off the family room for easy meals and morning coffee. A hallway off the side entrance leads to a laundry room and half bath. The kitchen is spacious and bright, with tile floors, a vaulted shiplap ceiling with skylights, center island, original cabinetry, and granite countertops. There’s direct access to the two-car garage—perfect for groceries or rainy days. Upstairs, the primary suite offers a walk-in closet, full bath, and views of the backyard and distant water views. Two more bedrooms and a second full bath complete the upper level. There’s even future potential for an accessory dwelling unit. Your yard borders 153 acres of protected town land, offering privacy and peaceful views. Beach walks, summer music, and the best of coastal living—this is a special home, ready for its next chapter.
Sold for $1,500,000
$1,500,000
40 Wood Ave, Narragansett, RI 02882
3beds
2,251sqft
Single Family Residence
Built in 1983
0.76 Acres Lot
$1,737,500 Zestimate®
$666/sqft
$4,296 Estimated rent
Home value
$1,737,500
$1.55M - $1.96M
$4,296/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sheil Readyhough Team 401-932-6597,
Mott & Chace Sotheby's Intl.
Bought with:
Sheil Readyhough Team
Mott & Chace Sotheby's Intl.
Source: StateWide MLS RI,MLS#: 1384859
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: Second
Dining room
- Level: First
Family room
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Oil, Baseboard, Forced Water, Zoned
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Disposal, Range Hood, Oven/Range, Refrigerator, Washer
Features
- Skylight, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Carpet
- Doors: Storm Door(s)
- Windows: Skylight(s)
- Basement: Full,Interior and Exterior,Unfinished
- Number of fireplaces: 1
- Fireplace features: Brick
Interior area
- Total structure area: 2,251
- Total interior livable area: 2,251 sqft
- Finished area above ground: 2,251
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Attached, Garage Door Opener, Driveway
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 0.76 Acres
Details
- Parcel number: NARRMAB29L1
- Zoning: R80
- Special conditions: Conventional/Market Value
- Other equipment: Wood Stove
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Shingles, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- 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: $666/sqft
- Tax assessed value: $791,100
- Annual tax amount: $5,182
- Date on market: 5/20/2025
- Inclusions: Property held in a Trust, for P&S purposes Trustees Deed. Seller name is Nedwidek Family Trust, David R. Nedwidek, Trustee. Listing agents are related to Seller - personal interest disclosure attached in supplemental disclosures.
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $1,500,000+0.3%$666/sqft |
Source:  StateWide MLS RI #1384859 Report a problem | ||
| 5/28/2025 | Pending sale | $1,495,000$664/sqft |
Source: StateWide MLS RI #1384859 Report a problem | ||
| 5/20/2025 | Listed for sale | $1,495,000$664/sqft |
Source: StateWide MLS RI #1384859 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,372 +3.7% | $791,100 |
| 2024 | $5,182 +5.3% | $791,100 +44.8% |
| 2023 | $4,919 | $546,500 |
| 2022 | $4,919 +1.6% | $546,500 |
| 2021 | $4,842 +2.3% | $546,500 +21% |
| 2020 | $4,735 +2.4% | $451,800 |
| 2019 | $4,622 +24.2% | $451,800 |
| 2018 | $3,722 -18.3% | $451,800 +4.8% |
| 2017 | $4,555 +4.8% | $431,300 |
| 2016 | $4,348 +1.4% | $431,300 |
| 2015 | $4,287 -2.7% | $431,300 -1.7% |
| 2014 | $4,405 +2.5% | $438,700 |
| 2013 | $4,299 +2.4% | $438,700 |
| 2012 | $4,198 -8.8% | $438,700 -14.5% |
| 2011 | $4,602 +1.3% | $513,000 |
| 2010 | $4,545 +3.2% | $513,000 |
| 2009 | $4,402 -3% | $513,000 -18% |
| 2008 | $4,536 +4.2% | $625,700 |
| 2007 | $4,355 +9% | $625,700 +70.6% |
| 2005 | $3,994 | $366,800 |
Find assessor info on the county website
Neighborhood: Narragansett Pier
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Nearby schools
GreatSchools rating
- 9/10Narragansett Elementary SchoolGrades: PK-4Distance: 0.9 mi
- 8/10Narragansett Pier SchoolGrades: 5-8Distance: 1.2 mi
- 10/10Narragansett High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,737,500
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Estimated market value
$1,737,500
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