1 month on rocket

043 Fairview Ave, Portsmouth, RI, 02872

$1,075,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
2,724 SqFt
$395/SqFt
House
Schools Nearby

Location

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043 Fairview Ave, Portsmouth$1,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built2010
HeatingBaseboard, Central, Electric, Oil
CoolingNone
BasementYes
WaterfrontBeach, Ocean Front, Waterfront
FireplaceStone
ViewWater
MLS #1355158
Lot Size1.16 Acres
StatusActive

About 043 Fairview Ave

Welcome to your dream beach house on Prudence Island! This two-level, 2010 build with a full walkout basement offers panoramic views of Narragansett Bay from every level. Wake up to the sunrise and enjoy the quiet nights with views of the Mt. Hope Bridge. This home sits on 1.16 acres, an unheard-of amount of oceanview property on Prudence Island. When building the house, the owners took no shortcuts, using 50-year roof and shingles, PVC trim, and Trex decking. With gardens, stonework, and pathways throughout the property, this is the peaceful getaway you have been searching for. The first floor is finished with two bedrooms and one bathroom, a custom-crafted stone wood-burning fireplace for winter nights, and a living room and kitchen with breathtaking views of the bay. The second floor has all electrical and plumbing in place for a new master bedroom, bathroom, and office/bedroom. The basement has the ability to be set up for two more bedrooms, a bathroom, and another living room, all with water views. All mechanicals have been updated, repaired, and maintained. This home is on a well with a water filtration system and a large septic system for low maintenance and additional bedrooms/future additions. The large 1-plus acre lot can be subdivided (buyer to do due diligence). This type of home rarely hits the market, and it is move-in ready so you can enjoy every minute of the home while finishing off the other two floors. Schedule your boat trip over to view today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage, Colonial
  • Year Built: 2010
  • Stories: 2
  • Living Area: 2,724 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (401) 274-1644

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Water Heater, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Attic, Permanent Attic Stairs, Tub Shower
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front, Waterfront
  • View: Water

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 1.16 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Central, Electric, Oil
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,075,000
  • Price Per SqFt: $395/SqFt
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Housing Market Comparison

See how this home compares to others in Portsmouth, RI.

Med. Sold Price

$650K

Med. Price/SqFt

$345

Avg. Days On Market

66

# of Sold Homes

29

043 Fairview Ave vs Portsmouth

36 DAYS ON ROCKET

-30 Days

$1,075,000

+$425K More

$395/SqFt

+$50 More

KEY TAKEAWAY

This property is $425K more than the Median Sold Price and $50/SqFt more than other homes in Portsmouth, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1355158

Listing Office:

  • Office Name: Compass
  • Office Phone: (401) 274-1644

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1006740
8
/10
  • Melville School

  • 1351 W Main Rd

  • 1.00 miles

  • Public District Grades PK-3

school-card-donut-1006741
7
/10
  • Howard Hathaway School

  • 53 Tallman Ave

  • 2.52 miles

  • Public District Grades KG-3

school-card-donut-1006742
8
/10
  • Fort Barton School

  • 99 Lawton Ave

  • 3.76 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,321. The most common annual income of people living in Portsmouth, RI is between $100k-200k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 043 Fairview Ave

What is the listing price of this property?

The listing price of 043 Fairview Ave property is $1,075,000.

What type of property is this?

The property 043 Fairview Ave is a house located in Portsmouth, Rhode Island, 02872.

Is this property for sale now?

Active Listing: 043 Fairview Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 043 Fairview Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 043 Fairview Ave is 2,724 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 043 Fairview Ave is 2010.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02872›043 Fairview Ave

This home is located at 043 Fairview Ave in Portsmouth, RI and zip code 02872. This 2,724 square foot home, which was built in 2010, sits on a 1.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,075,000.

In March 2024 more than 8 listings in Portsmouth, RI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 19 were sold below. In March 2024 in Portsmouth, RI there were 14.9% more homes for sale than in February 2024. Listings spent 66 days on the market in March 2024, and had a median list price of $650,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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