Located in one of Westerly’s most sought-after coastal neighborhoods, this rare two-family beach cottage presents an exceptional opportunity for investors, vacation homeowners, or those seeking a premier beach retreat. Just a short stroll from the sandy shoreline of Misquamicut and Benson Avenue Beach, this property offers the coveted coastal lifestyle that makes this area one of Rhode Island’s most desirable seaside destinations. The existing structure features two separate units, each offering 3 bedrooms, a kitchen, and a half bath, providing flexible rental or family-use options. Two outdoor showers make it easy to rinse off after a day at the beach, while the property's location allows residents and guests to enjoy the charm, exclusivity, and limited inventory that define this highly desirable beach community. Situated on a cesspool system and notably not requiring flood insurance, the property offers a unique investment opportunity in a location where beach-area properties are tightly held and consistently in demand. Whether you're looking to renovate, maximize rental income, or create the ultimate coastal getaway, the possibilities are abundant. Buyer to perform all due diligence regarding property condition, future use, redevelopment potential, and all municipal requirements. Property is being sold as-is.
For sale
$1,200,000
49 Benson Ave, Westerly, RI 02891
6beds
1,450sqft
Multi Family
Built in 1940
-- sqft lot
$1,179,700 Zestimate®
$828/sqft
$-- HOA
What's special
Two-family beach cottageTwo outdoor showersTwo separate units
- 11 days |
- 1,591 |
- 49 |
Zillow last checked:
Listing updated:
Listed by:
Courtney Grady 401-345-7278,
ELITE Property Group
Source: StateWide MLS RI,MLS#: 1415303
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- 1/2 bathrooms: 2
Bathroom
- Features: No Tub or Shower
Heating
- None
Cooling
- None
Features
- Wall (Wood), Plumbing (Mixed), Insulation (None)
- Flooring: Other
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,590
- Total interior livable area: 1,450 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Stories: 2
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: WESTM164B245
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Wood Wall(s), Wood
- Foundation: Unknown
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Cesspool
- Utilities for property: Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Westerly
Financial & listing details
- Price per square foot: $828/sqft
- Tax assessed value: $725,900
- Annual tax amount: $5,161
- Date on market: 6/16/2026
- Total actual rent: 0
- Tenant pays: Heat
Estimated market value
$1,179,700
$1.12M - $1.24M
$2,343/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $1,200,000$828/sqft |
Source:  StateWide MLS RI #1415303 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,161 +2.2% | $725,900 +41% |
| 2024 | $5,051 +2.6% | $514,900 |
| 2023 | $4,922 | $514,900 |
| 2022 | $4,922 +10.4% | $514,900 +33% |
| 2021 | $4,458 +1.9% | $387,000 |
| 2020 | $4,377 +1% | $387,000 |
| 2019 | $4,334 +4.7% | $387,000 +11.1% |
| 2018 | $4,139 +2.5% | $348,400 |
| 2017 | $4,038 -0.8% | $348,400 |
| 2016 | $4,069 +5.6% | $348,400 -2.2% |
| 2015 | $3,853 +1.7% | $356,100 |
| 2014 | $3,789 +1% | $356,100 |
| 2013 | $3,750 -4.3% | $356,100 -11.5% |
| 2012 | $3,918 | $402,300 |
| 2011 | $3,918 +0.4% | $402,300 |
| 2010 | $3,902 +0.7% | $402,300 -7.9% |
| 2009 | $3,876 | $437,000 |
| 2008 | $3,876 +3.1% | $437,000 |
| 2007 | $3,758 +24.2% | $437,000 +54.7% |
| 2006 | $3,025 +4.1% | $282,400 +0.1% |
| 2005 | $2,905 +16.7% | $282,000 +73.9% |
| 2003 | $2,490 | $162,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 02891
Nearby schools
GreatSchools rating
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 2.3 mi
- 7/10Westerly High SchoolGrades: 9-12Distance: 3.6 mi
- 5/10Dunn's Corners SchoolGrades: K-4Distance: 2.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Rhode Island
- Washington County
- Westerly
- 02891
- 49 Benson Ave
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Nearby zip codes
Other Westerly Topics
