For sale

$2,200,000

497 Atlantic Ave, Westerly, RI 02891

4beds

1,700sqft

$12,589/mo

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Single Family Residence

Built in 1957

0.42 Acres Lot

$-- Zestimate^®

$1,294/sqft

$-- HOA

What's special

Walkout lower levelSpacious deck

MISQUAMICUT BEACH cottage set on 0.42 acres, currently configured as a two-family beachfront property. A great opportunity to create your own coastal retreat in a prime location. This home has been cherished by the same family for many years and has also functioned as a successful rental, with bookings in place for the 2026 summer season. The main level features a spacious deck, ideal for relaxing or casual outdoor dining after a day at the beach. Inside, you’ll find two bedrooms, one full bath, and a living room with a large window overlooking the ocean, with views stretching toward Block Island. The walkout lower level includes two additional bedrooms, a full bath, kitchen, and family room, offering flexible space for guests or extended stays. Use this as a canvas to create your own beachfront escape and enjoy this well-loved location for years to come.

99 days

1,759

72

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

None

Cooling

Window Unit(s)

Features

Plumbing (Mixed), Insulation (None)
Flooring: Other, Vinyl
Basement: Full,Walk-Out Access,Partially Finished,Bath/Stubbed,Bedroom(s),Family Room,Kitchen,Living Room
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 980
Total interior livable area: 1,700 sqft
Finished area above ground: 980
Finished area below ground: 720

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Property

Parking

Total spaces: 8
Parking features: No Garage

Features

Patio & porch: Deck
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront, Ocean Front, Walk to Salt Water

Lot

Size: 0.42 Acres

Details

Parcel number: WESTM155B24

Construction

Type & style

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

Materials

Shingles
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1957

Utilities & green energy

Electric: Circuit Breakers
Sewer: Septic Tank
Utilities for property: Water Connected

Community & HOA

Community

Features: Golf, Marina
Subdivision: Misquamicut Beachfront

HOA

Has HOA: No

Location

Region: Westerly

Financial & listing details

Price per square foot: $1,294/sqft
Tax assessed value: $1,797,100
Annual tax amount: $12,777
Date on market: 5/4/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/4/2026	Listed for sale	$2,200,000$1,294/sqft
Source: StateWide MLS RI #1411646 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,777 +1.3%	$1,797,100 +39.7%
2024	$12,616 +2.6%	$1,286,000
2023	$12,294	$1,286,000
2022	$12,294 +6.1%	$1,286,000 +27.8%
2021	$11,590 +1.9%	$1,006,100
2020	$11,379 +1%	$1,006,100
2019	$11,268 +3.9%	$1,006,100 +10.2%
2018	$10,850 +2.5%	$913,300
2017	$10,585 -0.8%	$913,300
2016	$10,667 +5.9%	$913,300 -1.9%
2015	$10,069 +1.7%	$930,600
2014	$9,902 +1.1%	$930,600
2013	$9,799 +2.5%	$930,600 -5.2%
2012	$9,560	$981,500
2011	$9,560 +0.4%	$981,500
2010	$9,521 -13.4%	$981,500 -20.8%
2009	$10,992	$1,239,200
2008	$10,992 +3.1%	$1,239,200
2007	$10,657 +14.4%	$1,239,200 +42.4%
2006	$9,318 +4%	$870,000 +0%
2005	$8,960 +16.4%	$869,900 +73.5%
2003	$7,695	$501,300