$6,519

closing credit¹

16 Ln 7 Warwick, RI 02888

$549,000
1 bed
1 full
684 sqft
$803 / sqft
House

Property details

About 16 Ln 7

Spectacular waterfront home located in Gaspee Point. This lovely cottage has panoramic views of Narragansett Bay. Enjoy sunrises, sunsets and the sparkle of the Mt. Hope Bridge in the evening from the comfort of your home in this private community. This updated home features one bedroom with full bath, spacious kitchen and great room with beautiful year round saltwater views. The outdoor space is perfect for entertaining or simply relaxing while watching the passing boasts and wildlife go by. Take long walks as you stroll down the private path to the beach and then rinse off in your large outdoor shower. Pride in ownership is evident within this cottage. No Flood Insurance required. Property located on leased land, pets are welcome and subject to buyers approval by the association. Buyer responsible for sewer assessment of $91 per month. Subject to seller securing suitable housing. Welcome Home!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas, Other
StatusActive
CoolingDuctless
Size684 sqft
Lot size0 Acres
Year built1935
ParkingNo Garage
MLS #1377188
WaterfrontBeach, Water Access, Waterfront
ViewWater

Summary

  • MLS Number: 1377188
  • MLS Name: RIS
  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

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 © 2025 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: 2/4/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room with vaulted ceiling with beams, an AC wall unit, and ceiling fan

$549,000

16 Ln 7

$6,519

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Wyman Elementary School

Public District KG-6

0.9 mi

1 Columbia Ave

6

Hoxsie Elementary School

Public District KG-6

1.4 mi

55 Glenwood Dr

5

Holliman Elementary School

Public District KG-6

1.8 mi

70 Deborah Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,689. The majority of Warwick, RI residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
53%
35k-100k
19%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
8%
Single, with Kids
30%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
50%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • LincolnLincoln

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Warwick, RI

About 16 Ln 7

This home is located at 16 Ln 7 in Warwick, RI and zip code 02888. This 684 square foot home was built in 1935. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $549,000.

Over 30 listings were sold over their listed price in January 2025 in Warwick, RI. In the same period over 26 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Warwick, RI increased by 2.1% between December and January 2025. While the average time on the market in January 2025 was 28 days, the median list price was $400,000.

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

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