22 days on rocket

121 Ocean Rd, Narragansett, RI, 02882

$3,250,000

3 Bedrooms
2 Full Baths
1,904 SqFt
$1,707/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Built In, Garage
Attached GarageYes
Year Built1996
HeatingOil
CoolingCentral Air
WaterfrontBeach, Ocean Front, Waterfront
FireplaceStone
ViewWater
MLS #1366992
Lot Size0.27 Acres
StatusActive

About 121 Ocean Rd

Once in a generation opportunity to own one of only 9 single family houses on Ocean Road in between Narragansett Beach and the end of the Sea Wall. Superyacht views from the ground in three directions in perpetuity. Located in the heart of Narragansett Pier, the epicenter of walking and water amenities, and moments away from one of the best beaches in New England, elevated seaside dining, bike paths, wildlife refuges, a whole charming coastal town to explore. Additional amenities include an expansive front lawn, a privacy hedgerow, an oversized front deck that rivals the views and seating capacity of most waterfront restaurants, and an ideally placed footprint which encourages expansion. The 3 bedroom 2 full bath home enjoys unobstructed ocean-framed views of the towers, Narragansett Beach, Beavertail light house, Newport bridge and even gilded age mansions on a clear day.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1996
  • Stories: 2
  • Living Area: 1,904 SqFt

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 789-6666

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Ceramic Tile, Hardwood
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front, Waterfront
  • View: Water
  • Exterior: Paved Driveway

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Built In, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Waterfront
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Oil
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Narragansett High School, Public District Grades 9-12
  • Narragansett Pier School, Public District Grades 5-8
  • Narragansett Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,250,000
  • Price Per SqFt: $1,707/SqFt

Tax Information:

  • Annual Amount: $11,168
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$812.5K

Med. Price/SqFt

$481

Avg. Days On Market

34

# of Sold Homes

17

121 Ocean Rd vs Narragansett

22 DAYS ON ROCKET

-12 Days

$3,250,000

+$2.4M More

$1,707/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price and $1.2K/SqFt more than other homes in Narragansett, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1366992

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 789-6666

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: 9/14/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,168$1,260,500
2020$11,435$1,091,100
2019$11,162$1,091,100
2018$10,856$1,091,100
2017$10,991$1,040,800

History based on county public records data.

Payment Calculator

$16.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,810

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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.

Elementary School

school-card-donut-1302036
7
/10
  • Narragansett Elementary School

  • 55 Mumford Rd

  • 1.10 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1302037
7
/10
  • Narragansett Pier School

  • 235 S Pier Rd

  • 0.72 miles

  • Public District Grades 5-8

High School

school-card-donut-1302038
8
/10
  • Narragansett High School

  • 245 S Pier Rd

  • 0.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,455. The majority of Narragansett, RI residents have income less than $35k annually. 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

Living In Narragansett, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Narragansett, RI?

Narragansett's housing market is characterized by a diverse array of options, with single-family homes being particularly prevalent. The architectural styles in the area range from classic New England cottages to contemporary beachfront properties. A significant portion of the housing stock reflects the town's coastal charm and history, with many homes dating back to the early 20th century. The homeownership rate in Narragansett is robust, with a majority of residents owning their homes, while the remainder of the population opts for rental opportunities that include apartments and seasonal housing, catering to the town's influx of summer visitors.

Is Narragansett, RI a good place to live?

Narragansett prides itself on its serene coastal ambiance and strong community spirit. The town is celebrated for its beautiful beaches, historic landmarks, and a laid-back lifestyle that appeals to both year-round residents and seasonal visitors. Local events such as the Narragansett Art Festival and the Seafood Festival highlight the town's cultural vibrancy and its connection to the ocean. The community's character is further defined by its commitment to preserving natural beauty and promoting outdoor activities.

Are things conveniently located in Narragansett, RI?

The community of Narragansett is served by a number of public schools, offering education from elementary through high school levels. The town also has access to healthcare services, including urgent care facilities and primary care providers, ensuring residents' medical needs are met. Narragansett's public library system provides educational and cultural resources to the community. Retail and dining options are plentiful, with many establishments reflecting the local seafood tradition and the town's coastal heritage. The town is proactive in adapting its services to meet the evolving needs of its residents and seasonal visitors.

What does the transportation in Narragansett, RI look like?

Narragansett's transportation infrastructure supports both private and public transit options, with local bus services connecting residents to key areas within the town and to neighboring communities. The town's layout and scenic landscapes make it conducive to walking and biking, particularly in the more densely populated and tourist-friendly areas. Major roads provide easy access to nearby cities and attractions, and ongoing efforts are made to enhance the efficiency and accessibility of the town's transportation network. While specific ride-sharing services are available, they complement the existing transportation options, offering residents and visitors an additional mode of travel.

Frequently Asked Questions About 121 Ocean Rd

What is the listing price of this property?

The listing price of 121 Ocean Rd property is $3,250,000.

What type of property is this?

The property 121 Ocean Rd is a house located in Narragansett, Rhode Island, 02882.

Is this property for sale now?

Active Listing: 121 Ocean Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 121 Ocean Rd are:
Narragansett Elementary School: GreatSchools Rating 7/10
Narragansett Pier School: GreatSchools Rating 7/10
Narragansett High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,168 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 121 Ocean Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 121 Ocean Rd is 1,904 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 121 Ocean Rd is 1996.
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Rocket Homes›Rhode Island›Washington County›Narragansett›02882›121 Ocean Rd

This home is located at 121 Ocean Rd in Narragansett, RI and zip code 02882. This 1,904 square foot home, which was built in 1996, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $3,250,000.

In August 2024, from all listings sold in Narragansett, RI there were more than 5 sold above asking price, over 11 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Narragansett, RI increased by 10.1% between July 2024 and August 2024. Listings spent 34 days on the market in August 2024, and had a median list price of $812,500 during the same period.

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

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