Salt air rising up off Narragansett Bay envelops this sun drenched yard which has been meticulously cared for by the same homeowners for the previous 48 years. Welcome to your new 1 level beach cottage located in desirable Gaspee Point. Situated just a 3 minute walk from the beach entrance, this beautifully manicured and completely fenced in oversized yard surrounds a charming home, ideal for first time homebuyers or downsizers. Property highlights include a newer roof, recent foundation work, connection to the sewers with no assessment, and 3 exterior sheds. Come experience why Gaspee Point is one of Rhode Island’s best kept secrets. Deadline for offers is Wednesday, June 17th at 5:00 PM. Thank you.
Pending
$199,000
50 Lane #2, Warwick, RI 02888
1beds
776sqft
Single Family Residence
Built in 1925
0.34 Acres Lot
$198,300 Zestimate®
$256/sqft
$475/mo HOA
What's special
Charming homeSun drenched yardNewer roof
- 41 days |
- 1,319 |
- 57 |
Zillow last checked:
Listing updated:
Listed by:
Eric Ouhrabka 401-601-6166,
REMAX Revolution
Source: StateWide MLS RI,MLS#: 1412671
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Bathroom
- Level: First
Dining area
- Level: First
Family room
- Level: First
Other
- Level: First
Kitchen
- Level: First
Kitchen
- Level: First
Heating
- Natural Gas, Space Heater
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Microwave, Oven/Range, Refrigerator
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
- Flooring: Laminate, Vinyl
- Basement: Partial,Bulkhead,Unfinished,Common
- Attic: Attic Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 776
- Total interior livable area: 776 sqft
- Finished area above ground: 776
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
- Waterfront features: Access, Beach, Walk to Salt Water, Walk To Water
Lot
- Size: 0.34 Acres
Details
- Parcel number: WARWM305B0058L9650
- On leased land: Yes
- Other equipment: TV Antenna
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Dry Wall, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
- Subdivision: Gaspee Point
HOA
- Has HOA: No
- HOA fee: $475 monthly
Location
- Region: Warwick
Financial & listing details
- Price per square foot: $256/sqft
- Tax assessed value: $110,500
- Annual tax amount: $2,430
- Date on market: 5/20/2026
Estimated market value
$198,300
$188,000 - $208,000
$1,884/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Pending sale | $199,000$256/sqft |
Source:  StateWide MLS RI #1412671 Report a problem | ||
| 6/11/2026 | Listed for sale | $199,000$256/sqft |
Source: StateWide MLS RI #1412671 Report a problem | ||
| 5/29/2026 | Pending sale | $199,000$256/sqft |
Source: StateWide MLS RI #1412671 Report a problem | ||
| 5/20/2026 | Listed for sale | $199,000$256/sqft |
Source: StateWide MLS RI #1412671 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,599 | $110,500 |
| 2024 | $1,599 +2% | $110,500 |
| 2023 | $1,568 -1.4% | $110,500 +30.2% |
| 2022 | $1,590 | $84,900 |
| 2021 | $1,590 | $84,900 |
| 2020 | $1,590 | $84,900 |
| 2019 | $1,590 +19.8% | $84,900 +33.1% |
| 2018 | $1,327 +2.8% | $63,800 |
| 2017 | $1,291 | $63,800 |
| 2016 | $1,291 +52.1% | $63,800 +56% |
| 2015 | $849 +3.5% | $40,900 |
| 2014 | $820 +1.4% | $40,900 |
| 2013 | $809 -13.8% | $40,900 -23% |
| 2011 | $939 +1.2% | $53,100 |
| 2010 | $928 -26% | $53,100 -40.1% |
| 2009 | $1,254 +5.5% | $88,700 |
| 2008 | $1,189 | $88,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 02888
Getting around
23 / 100
Minimal TransitNearby schools
GreatSchools rating
- 6/10Holliman SchoolGrades: K-5Distance: 1.5 mi
- 5/10Warwick Veterans Jr. High SchoolGrades: 6-8Distance: 3 mi
- 7/10Pilgrim High SchoolGrades: 9-12Distance: 1.5 mi
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.
- Rhode Island
- Kent County
- Warwick
- 02888
- 50 Lane Unit 2
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