The Reading Room, one of Narragansett's most iconic properties, is now available for the first time in over 50 years. Situated on almost 3/4's of an acre in the heart of the Pier and closely abuts the Narragansett Towers, seawall and Town Beach. Property was meticulously restored in 2010 to its original splendor and has received Historic Preservation awards from both Preserve Rhode Island and the Rhody Awards. This property enjoys sweeping water view porches, water views from almost every room, intricate details, multiple year round sun porches, historic chandeliers and a unique Tower room. This is your opportunity to live in the center of it all with this once in a generation opportunity. Property has previously been utilized as a Social Club affiliated with the Historic Narragansett Casino, a residence and most recently a legal non conforming office.
For sale
$10,950,000
41 Ocean Rd, Narragansett, RI 02882
5beds
5,099sqft
:
Get pre-qualified$67,013/mo
Single Family Residence
Built in 1880
0.69 Acres Lot
$-- Zestimate®
$2,147/sqft
$-- HOA
What's special
Historic chandeliersSweeping water view porchesUnique tower roomIntricate details
- 35 days |
- 3,939 |
- 119 |
Zillow last checked:
Listing updated:
Listed by:
John Hodnett 401-286-4100,
Hopewell Real Estate
Source: StateWide MLS RI,MLS#: 1415788
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Forced Air, Gas Connected
Cooling
- None
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Wall (Plaster), Wet Bar, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Ceramic Tile, Wood
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Partial,Interior and Exterior,Unfinished
- Number of fireplaces: 3
- Fireplace features: Brick
Interior area
- Total structure area: 5,099
- Total interior livable area: 5,099 sqft
- Finished area above ground: 5,099
- Finished area below ground: 0
Property
Parking
- Total spaces: 15
- Parking features: Detached
- Garage spaces: 3
Features
- Patio & porch: Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Beach, Flood Insurance, Saltwater Front, Walk to Salt Water
Lot
- Size: 0.69 Acres
- Features: Local Historic District
Details
- Additional structures: Outbuilding
- Parcel number: NARRMDB53
- Zoning: R-10
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Dry Wall, Plaster, Clapboard, Shingles
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers, Generator, Underground
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Narragansett Pier
HOA
- Has HOA: No
Location
- Region: Narragansett
Financial & listing details
- Price per square foot: $2,147/sqft
- Tax assessed value: $2,223,400
- Annual tax amount: $20,392
- Date on market: 6/26/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $10,950,000$2,147/sqft |
Source:  StateWide MLS RI #1415788 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,097 | $2,223,400 |
| 2024 | -- | $2,223,400 +25% |
| 2023 | -- | $1,778,400 |
| 2022 | -- | $1,778,400 |
| 2021 | -- | $1,778,400 +23.6% |
| 2020 | -- | $1,438,600 |
| 2019 | $20,040 | $1,438,600 |
| 2018 | -- | $1,438,600 -0.1% |
| 2017 | -- | $1,439,400 |
| 2016 | -- | $1,439,400 |
| 2015 | -- | $1,439,400 +2.9% |
| 2011 | -- | $1,399,400 +4% |
| 2010 | -- | $1,345,700 |
| 2009 | -- | $1,345,700 -6% |
| 2008 | -- | $1,432,200 |
| 2007 | -- | $1,432,200 +136.9% |
| 2005 | -- | $604,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Narragansett Pier
Nearby schools
GreatSchools rating
- 8/10Narragansett Pier SchoolGrades: 5-8Distance: 0.7 mi
- 10/10Narragansett High SchoolGrades: 9-12Distance: 0.7 mi
- 9/10Narragansett Elementary SchoolGrades: PK-4Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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