For sale

Price cut: $1.2M (9/12)

$9,750,000

41 Ocean Rd, Narragansett, RI 02882

5beds

5,099sqft

$62,136/mo

Get pre-qualified

Single Family Residence

Built in 1880

0.69 Acres Lot

$-- Zestimate^®

$1,912/sqft

$-- HOA

What's special

Historic chandeliersSweeping water view porchesUnique tower roomIntricate details

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.

81 days
2,629
75

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: $1,912/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

Price history

Date	Event	Price
9/12/2026	Price change	$9,750,000-11%$1,912/sqft
Source: StateWide MLS RI #1415788 Report a problem
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