2 months on rocket

383 Ocean Rd, Narragansett, RI, 02882

$3,495,000

5 Bedrooms
5 Full Baths, 3 Partial
6,428 SqFt
$544/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built2004
HeatingForced Air, Oil
CoolingCentral Air
BasementYes
WaterfrontWaterfront
FireplaceGas, Marble
ViewWater
MLS #1368858
Lot Size2.18 Acres
StatusActive

About 383 Ocean Rd

Exceptional opportunity to enjoy this one of a kind coastal retreat in the heart of the coveted estate section of Ocean Road. This private compound, with an impressive stone and gated entry, offers tranquility and lovely views of Narragansett's iconic coastline. Ideally sited on over 2 acres of lavishly landscaping, this gracious residence encompasses 4,500+ square feet of casual elegance combined with all the requirements of modern living. An open and inviting floor plan features oversized rooms, hardwood floors, gourmet kitchen, casual and formal dining areas, multiple entertainment rooms, oversized windows and several fireplaces. The amenities of this stunning home are extensive including an elevator, state of the art theatre, gym, spa room, central air conditioning, generator, and so much more! This estate also incorporates stunning grounds and outdoor living spaces with a gunite pool, spa, pool house, gazebo, stone fireplace & outdoor kitchen area. All this yet minutes to Narragansett's beautiful beaches, waterfront, restaurants, shops & activities and a short drive to the other popular coastal towns of Newport, Watch Hill, Wickford and Jamestown.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2004
  • Stories: 3
  • Living Area: 6,428 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Cathedral Ceiling(s), Stall Shower, Tub Shower, Elevator, Cable TV
  • Fireplace: Gas, Marble

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Balcony, Deck, Patio, Sprinkler/Irrigation, Paved Driveway

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 2.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Oil
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,495,000
  • Price Per SqFt: $544/SqFt

Tax Information:

  • Annual Amount: $26,201
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$839.7K

Med. Price/SqFt

$494

Avg. Days On Market

42

# of Sold Homes

22

383 Ocean Rd vs Narragansett

63 DAYS ON ROCKET

+21 Days

$3,495,000

+$2.6M More

$544/SqFt

+$49 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $49/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: #1368858

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: 11/21/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 2005Home Sold
$3,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$26,201$2,957,200
2020$21,698$2,070,400
2019$21,180$2,070,400
2018$20,600$2,070,400
2017$24,197$2,291,400

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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-204580
7
/10
  • Narragansett Elementary School

  • 55 Mumford Rd

  • 1.88 miles

  • Public District Grades PK-4

school-card-donut-204581
5
/10
  • Wakefield School

  • 101 High St

  • 2.95 miles

  • Public District Grades PK-4

school-card-donut-204582
6
/10
  • Peace Dale School

  • 109 Kersey Rd

  • 3.66 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,740. Typical income of Narragansett, RI residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

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 383 Ocean Rd

What is the listing price of this property?

The listing price of 383 Ocean Rd property is $3,495,000.

What type of property is this?

The property 383 Ocean Rd is a house located in Narragansett, Rhode Island, 02882.

Is this property for sale now?

Active Listing: 383 Ocean Rd 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 $26,201 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 30, 2005 for $3,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 383 Ocean Rd has 5 bedrooms and 5 full and 3 half bathrooms.

What is the square footage of this property?

The property 383 Ocean Rd is 6,428 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 383 Ocean Rd is 2004.
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Rocket Homes›Rhode Island›Washington County›Narragansett›02882›383 Ocean Rd

This home is located at 383 Ocean Rd in Narragansett, RI and zip code 02882. This 6,428 square foot home, which was built in 2004, sits on a 2.18 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $3,495,000.

While more than 8 listings in Narragansett, RI in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 11 were sold below. In October 2024 in Narragansett, RI there were 9.7% less homes for sale than in September 2024. In October 2024 median list price was $839,737 and the average listing age was 42 days.

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

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