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Sold for $6,800,000
  • $6,800,000

    54 Wawaloam Dr, Westerly, RI 02891

    6beds
    4,572sqft
    Single Family Residence
    Built in 1937
    0.46 Acres Lot
    $7,847,500 Zestimate®
    $1,487/sqft
    $5,404 Estimated rent

    Home value

    $7,847,500

    $6.98M - $8.79M

    $5,404/mo

    Zestimate® history
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    What's special

    Original beach stone fireplaceBlock islandClose to the oceanDramatic coastal locationOpen floor planMature landscapingSerene screen porch
    One of Weekapaug’s most gracious ocean-facing homes is now available on iconic Wawaloam Drive. This gorgeous designer home has been recently renovated and is being offered fully furnished and move-in ready. The bright and contemporary style perfectly complements the dramatic coastal location and makes this an extraordinary opportunity to acquire a truly “turnkey” home in one of New England’s most sought-after summer communities. Sweeping ocean views greet you throughout the home and with 6 bedrooms and 4 full bathrooms you will easily accommodate family and friends all summer long. A sun-filled chef’s kitchen opens to a stylish dining room and living room with an original beach stone fireplace. The open floor plan offers numerous family gathering spots, including a serene screen porch, an expansive deck overlooking the Atlantic Ocean – the perfect spot to gather for cocktail hour, and a cozy second-floor balcony with views to Montauk and Block Island. A sumptuous primary bedroom features a stunning sitting area that will tempt you to stay in your pajamas all day, unless the spa-like bathroom and fashionable dressing room inspire you for something more ambitious. Situated on over a half acre of land and surrounded by mature landscaping, this setting offers a degree of privacy not usually found in a home so close to the ocean. This property is located between Weekapaug’s famous “Fenway” and “Inn” Beaches and is a short walk to all of Weekapaug’s renowned amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Burns 401-222-0656,

    Lila Delman Compass

    Bought with:

    DeeDee Buffum, REB.0016813

    Mott & Chace Sotheby's Intl.

    Source: StateWide MLS RI,MLS#: 1357617MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Oil, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
    Features
    • Wall (Dry Wall), Skylight, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Windows: Skylight(s)
    • Basement: Partial,Interior Entry,Partially Finished,Media Room,Utility
    • Number of fireplaces: 2
    • Fireplace features: Brick, Stone
    Interior area
    • Total structure area: 4,129
    • Total interior livable area: 4,572 sqft
    • Finished area above ground: 4,129
    • Finished area below ground: 443

    Property

    Parking
    • Total spaces: 7
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Patio & porch: Deck, Porch, Screened
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach, Dock, Walk to Salt Water
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: WESTM157B52
    • Zoning: MDR-30
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Shingles
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1937

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Septic Tank
    • Water: Municipal

    Community & HOA

    Community
    • Features: Marina, Recreational Facilities, Near Swimming, Tennis
    • Subdivision: Weekapaug
    HOA
    • Has HOA: No
    Location
    • Region: Westerly

    Financial & listing details

    • Price per square foot: $1,487/sqft
    • Tax assessed value: $7,169,100
    • Annual tax amount: $49,063
    • Date on market: 4/25/2024

    Price history

    DateEventPrice
    6/6/2024Sold$6,800,000-2.8%$1,487/sqft
    Source: StateWide MLS RI #1357617 Report a problem
    5/1/2024Pending sale$6,995,000$1,530/sqft
    Source: StateWide MLS RI #1357617 Report a problem
    4/25/2024Listed for sale$6,995,000-12%$1,530/sqft
    Source: StateWide MLS RI #1357617 Report a problem
    4/25/2024Listing removed--
    Source: StateWide MLS RI #1351151 Report a problem
    1/17/2024Listed for sale$7,950,000$1,739/sqft
    Source: StateWide MLS RI #1351151 Report a problem
    12/31/2023Listing removed--
    Source: StateWide MLS RI #1343283 Report a problem
    9/6/2023Listed for sale$7,950,000-3.6%$1,739/sqft
    Source: StateWide MLS RI #1343283 Report a problem
    9/6/2023Listing removed--
    Source: StateWide MLS RI #1332889 Report a problem
    4/28/2023Listed for sale$8,250,000+129.5%$1,804/sqft
    Source: StateWide MLS RI #1332889 Report a problem
    9/27/2019Sold$3,595,000-10%$786/sqft
    Source: StateWide MLS RI #1220039 Report a problem
    4/11/2019Price change$3,995,000-11.2%$874/sqft
    Source: Lila Delman Real Estate #1220039 Report a problem
    1/7/2019Listed for sale$4,500,000-9.9%$984/sqft
    Source: Lila Delman Real Estate #1211782 Report a problem
    11/28/2018Listing removed$4,995,000$1,093/sqft
    Source: Lila Delman Real Estate #1201622 Report a problem
    8/20/2018Price change$4,995,000-16.7%$1,093/sqft
    Source: Lila Delman Real Estate #1201622 Report a problem
    5/3/2018Listed for sale$5,995,000$1,311/sqft
    Source: Lila Delman Real Estate #1189603 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$50,972 +1.9%$7,169,100 +40.6%
    2024$50,033 +15%$5,100,200 +12%
    2023$43,521 $4,552,400
    2022$43,521 0%$4,552,400 +20.5%
    2021$43,527 +1.9%$3,778,400
    2020$42,734 +1%$3,778,400
    2019$42,318 +16.2%$3,778,400 +23.3%
    2018$36,418 +2.5%$3,065,500
    2017$35,529 -0.8%$3,065,500
    2016$35,805 -9.2%$3,065,500 -15.9%
    2015$39,430 +1.7%$3,644,200
    2014$38,774 +1%$3,644,200
    2013$38,373 +4.2%$3,644,200 -3.6%
    2012$36,812 $3,779,500
    2011$36,812 +0.4%$3,779,500
    2010$36,661 +1.5%$3,779,500 -7.2%
    2009$36,109 $4,070,900
    2008$36,109 +3.3%$4,070,900 +0.1%
    2007$34,968 +12.4%$4,066,100 +39.9%
    2006$31,120 +4%$2,905,700 +0.1%
    2005$29,910 +38.3%$2,903,900 +106%
    2003$21,634 $1,409,400
    Find assessor info on the county website

    Neighborhood: 02891

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    Estimated market value
    $7,847,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,847,500