$5,995,000

38 Bay St Unit W201/202 Westerly, RI 02891

4 beds
4 full, 1 partial
3,524 sqft
0.5 acres
$1,701 / sqft
Condo

Property details

About 38 Bay St Unit W201/202

WATCH HILL LUXURY STYLE LIVING ONE OF A KIND A majestic (4) bedroom, (4 1/2) bath luxury 3,547asf condominium located in the heart of the Historic Village of Watch Hill, R.I., is perhaps the largest condo offering in this exclusive community. Formerly the ballroom of the historic "Watch Hill Inn" building, (originally landmarked as the Narraganset Inn" built in 1845), was totally reconfigured and rebranded by former New York Architect, Peter J. Catalano for his wife and well know singer, Dana Valery, who purchased the Narragansett Inn in December 1985, and in 2006 totally rebuilt and converted the building to residential units. Currently marketed as "The Admiral Suite , the unit overlooks Little Narraganset Bay, the Connecticut coastline, and New York's Fisher Island, from its 30' wide front deck with unobstructed spectacular sunset water views. The beautifully appointed 40x30 Great Room with high ceilings is separated by two back to back gas fired fireplaces with hand carved wood paneling as a focal point surrounded by 270 degree views of the skyline and ocean. The open Viking appliance kitchen is ideal for the cuisine aficionados. An optional Rental Program offers amenities at the Ocean House Resort Hotel a Relais & Chateaux property. Included: private Ocean beach access, gym, spa, beach dining, crochet court, and much more. Car service between the sister properties, Amtrak Station, and Westerly Airport. Walk to one of the (3) beaches. Assigned parking spaces (4)

Highlights

Home typeCondominium
HeatingBaseboard, Central, Electric, Forced Air, Natural Gas, Heat Pump, Zoned
StatusActive
CoolingHeat Pump, Wall Unit(s), Central Air
Size3,524 sqft
Lot size0.4591 Acres
Year built1845
ParkingAssigned, No Garage
MLS #1384525
WaterfrontWater Access, Waterfront
FireplaceGas
ViewWater

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Wet Bar, Tub Shower, Furnished, Jetted Tub, Cable TV
  • Fireplace: Gas
  • Total Bedroom Count: 4
  • Parking: Assigned, No Garage
  • Waterfront: Water Access, Waterfront
  • View: Water
  • Exterior: Balcony, Deck, Paved Driveway
  • Heating: Baseboard, Central, Electric, Forced Air, Natural Gas, Heat Pump, Zoned
  • Cooling: Heat Pump, Wall Unit(s), Central Air
  • List Price: $5,995,000
  • Price/SqFt: $1,701
  • HOA Amount: $2268 Monthly
  • Year Built: 1845
  • Stories: 5
  • Living Area: 3,524 SqFt
  • Lot Size: 0.4591 Acres
  • MLS Number: 1384525
  • MLS Name: RIS
  • Office Name: WATCH HILL PROPERTIES
  • Office Phone: (401) 315-5454
  • Office Email: peter@watchhillproperties.com

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: 5/22/2025, 11:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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38 Bay St Unit W201/202, Westerly, RI 02891 - view of home's community with a water view

$5,995,000

38 Bay St Unit W201/202

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Price information

Property sales

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Tax history

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Nearby schools

9

State Street Elementary School

Public District KG-4

4.1 mi

35 State St

7

Dunn's Corners Elementary School

Public District KG-4

4.9 mi

8 1/2 Plateau Rd

9

Dean's Mill Elementary School

Public District KG-5

5.0 mi

35 Deans Mill 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 $138,816. The most common annual income of people living in Westerly, RI is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

6%
<35k
33%
35k-100k
30%
100k-200k
31%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
4%
Single, with Kids
42%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
4%
18-34 yrs old
38%
35-64 yrs old
45%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • InfinitiInfiniti
  • LincolnLincoln
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Westerly, RI

Transportation in Westerly is facilitated by a combination of roadways and public transit options that connect residents to nearby cities and amenities. The town's layout supports a moderate level of walkability, particularly in the downtown area and along the beachfront. For those relying on public transportation, there are bus routes that serve the community, though the frequency varies by route. The area's road network provides easy access to major highways, making it convenient for commuting and travel.

The community is served by a network of public schools, including several elementary schools, middle schools, and a high school, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. Westerly also boasts a public library system that supports lifelong learning. The retail and dining scene reflects the local culture, with a mix of independent shops and eateries that highlight regional cuisine and products.

Westerly is known for its coastal charm and vibrant community spirit. The town prides itself on its beautiful beaches, historic downtown area, and a calendar filled with local events that celebrate its maritime heritage and artistic flair. Residents and visitors alike enjoy a variety of outdoor activities and cultural experiences that embody the town's unique character.

Westerly's housing market showcases a blend of residential options, with single-family homes being a significant presence. Architectural styles range from classic colonial to contemporary, reflecting the town's historical roots and modern growth. The housing stock includes a mix of older homes with character and newer constructions that cater to modern tastes. While the majority of residents own their homes, a substantial portion of the population opts for rental opportunities, including apartments and townhouses.

About 38 Bay St Unit W201/202

The listing price of 38 Bay St Unit W201/202 property is $5,995,000.

The property 38 Bay St Unit W201/202 is a condo located in Westerly, Rhode Island, 02891.

Active Listing: 38 Bay St Unit W201/202 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 38 Bay St Unit W201/202 are: State Street Elementary School (GreatSchools Rating 9/10), Dunn's Corners Elementary School (GreatSchools Rating 7/10), Dean's Mill Elementary School (GreatSchools Rating 9/10), Westerly Middle School (GreatSchools Rating 7/10), Stonington Middle School (GreatSchools Rating 6/10), Chariho Regional Middle School (GreatSchools Rating 5/10), Stonington High School (GreatSchools Rating 7/10), Westerly High School (GreatSchools Rating 8/10), Robert E. Fitch High School (GreatSchools Rating 5/10).

The property at 38 Bay St Unit W201/202 has 4 bedrooms and 4 full and 1 half bathrooms.

The property 38 Bay St Unit W201/202 is 3,524 SqFt (source: MLS/tax record).

The year of construction for 38 Bay St Unit W201/202 is 1845.

This home is located at 38 Bay St Unit W201/202 in Westerly, RI and zip code 02891. This 3,524 square foot home, which was built in 1845, sits on a 0.46 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $5,995,000.

In April 2025 more than 4 listings in Westerly, RI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. In April 2025 in Westerly, RI there were 34.8% more homes for sale than in March. Listings spent 37 days on the market in April 2025, and had a median list price of $500,000 during the same period.

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

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