Located directly on the Pawcatuck River, this gorgeous custom-built home was completed in June 2020 and has been kept in immaculate condition presenting like new. It is set in a quiet enclave between downtown Westerly and the seaside village of Watch Hill. Every detail in the build was carefully and thoughtfully selected for low maintenance and efficiency with only the highest quality of materials used. The home was built elevated and positioned out of the flood zone capturing the finest water views and sunsets. The private dock has 2 boat slips and allows to explore the open ocean. An open floor plan seamlessly connects the living, dining and kitchen areas, all sharing an abundance of natural light with a walk-out to a large bluestone patio and professionally landscaped yard. This home is the perfect gathering place for friends and family and will be treasured for generations to come!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2020
Stories: 2
Living Area: 4,810 SqFt
Listing Office:
Office Name: Stonington Realty
Office Phone: (860) 961-4937
Interior Features
Interior Information:
Appliances: Gas Water Heater
Basement: Yes
Flooring Type: Carpet, Ceramic Tile
Fireplace: Insert, Gas
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 4
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Attached, Garage
Lot Features
Lot Information:
Lot Size: 0.91 Acres
Utilities
Utilities Information:
Heating: Propane, Radiant
Cooling: Heat Pump
Price Information
Listing Price Info
Price Summary:
List Price: $3,495,000
Price Per SqFt: $727/SqFt
Tax Information:
Annual Amount: $19,871
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Westerly, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
State Street School
35 State St
Distance between this listing and this school1.43 miles
Public District Grades KG-4
7
/10
West Broad Street School
131 W Broad St
Distance between this listing and this school2.27 miles
Public District Grades 3-4
7
/10
Dunn's Corners School
8 1/2 Plateau Rd
Distance between this listing and this school2.68 miles
Public District Grades KG-4
Nearby Schools
7
/10
Pawcatuck Middle School
40 Field St
Distance between this listing and this school1.94 miles
Public District Grades 5-8
6
/10
Westerly Middle School
10 Sandy Hill Rd
Distance between this listing and this school2.12 miles
Public District Grades 5-8
6
/10
Mystic Middle School
204 Mistuxet Ave
Distance between this listing and this school6.13 miles
Public District Grades 5-8
Nearby Schools
7
/10
Westerly High School
23 Ward Ave
Distance between this listing and this school2.18 miles
Public District Grades 9-12
8
/10
Stonington High School
176 S Broad St
Distance between this listing and this school2.30 miles
Public District Grades 9-12
7
/10
Wheeler High School
298 Norwich Westerly Rd
Distance between this listing and this school7.21 miles
The neighbors living near this home have an average income of $66,615. The most common annual income of people living in Westerly, RI is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 23 Timothy Dr
What is the listing price of this property?
The listing price of 23 Timothy Dr property is $3,495,000.
What type of property is this?
The property 23 Timothy Dr is a house located in Westerly, Rhode Island, 02891.
Is this property for sale now?
Active Listing: 23 Timothy Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $19,871 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 29, 1998 for $638,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 23 Timothy Dr has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 23 Timothy Dr is 4,810 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 23 Timothy Dr is 2020.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 23 Timothy Dr in Westerly, RI and zip code 02891. This 4,810 square foot home, which was built in 2020, sits on a 0.91 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $3,495,000.
In March 2024, from all listings sold in Westerly, RI there were more than 4 sold above asking price, over 12 sold below and more than 5 were sold right at the asked price. The number of listings in Westerly, RI increased by 16.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 46 days, the median list price was $461,833.
From Rocket Homes Real Estate and based on county public records data.
PGA/LPGA
PGA/LPGA
NASCAR
Soccer
Stein Mart
Dick's Sporting Goods
Old Navy
Bob Evans
Arbys
Jimmy Johns
Lincoln
GMC
Lexus
News/Talk/Information
Adult Hits
New Country