$10,000 Closing Credit¹
#1384522, Listing Office: WATCH HILL PROPERTIES
$1,695,000 List price
38 Bay St Unit W402 Westerly, RI 02891
$10,000
Closing credit¹
2 beds
2 full
1,116 sqft
0.5 acres
$1,519 / sqft
Condo
Property details
About 38 Bay St Unit W402
This Watch Hill Inn Villa Residence Unit W402 is located in the heart of the Historic Village of Watch Hill RI, is currently sponsored in the Ocean House Management Rental Program with access to many quality lifestyle amenities. The Watch Hill Inn formerly the Historic Narraganset Inn built circa 1845, was gut-rehabbed in 2006, and completely refurbished in 2014. The apartment includes ownership of a separate and exclusive "Solarium Deck" with incredible sunset and water views overlooking the Watch Hill Yacht Club and Little Narragansett Bay. This 1,116 asf Unit to be sold completely furnished "as is" with natural bamboo and Italian marble floors, black granite countertops and Thomasville wood cabinets, Koehler bath fixtures, an open kitchen, and a living room pull out queen sofa-bed - accommodating 4-5 persons. Owners in the Rental Program share rent income, and also while in occupancy have access to the various amenities offered at our two other Relais & Chateaux Historic Landmark Hotel properties, the Ocean House Resort Hotel, and the Weekapaug Inn. These amenities include access to the OH private Atlantic Ocean beach, OH Spa, OH gym, croquette court, intra-property shuttle service, daily housekeeping, gourmet restaurants, special events, OH marine fleet rentals, and the Inns' private Sun Deck with breathtaking unobstructed sunset views looking westward towards the Connecticut coastline. It's a first class living experience.
Highlights
Home typeCondominium
HeatingBaseboard, Electric, Heat Pump, Zoned
StatusActive
CoolingHeat Pump, Single Unit, Wall Unit(s)
Size1,116 sqft
Lot size0.4591 Acres
Year built2006
ParkingAssigned, No Garage
MLS #1384529
WaterfrontWater Access, Waterfront
ViewWater
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Basement: No
- Flooring Type: Ceramic Tile, Hardwood, Carpet
- Interior: Tub Shower, Furnished, Jetted Tub, Cable TV
- Fireplace: None
- Total Bedroom Count: 2
- Parking: Assigned, No Garage
- Waterfront: Water Access, Waterfront
- View: Water
- Exterior: Balcony, Paved Driveway
- Heating: Baseboard, Electric, Heat Pump, Zoned
- Cooling: Heat Pump, Single Unit, Wall Unit(s)
- List Price: $1,695,000
- Price/SqFt: $1,518
- HOA Amount: $669 Monthly
- Year Built: 2006
- Stories: 5
- Living Area: 1,116 SqFt
- Lot Size: 0.4591 Acres
- MLS Number: 1384529
- 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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$1,695,000
38 Bay St Unit W402
$10,000
closing credit¹
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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.
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 majority of families are 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/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Bob Evans
Cracker Barrel
What do the neighbors drive?
Infiniti
Lincoln
Lexus
What do the neighbors listen to?
Adult Hits
News/Talk/Information
Oldies
All data provided by Home Junction and Claritas
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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 W402
The listing price of 38 Bay St Unit W402 property is $1,695,000.
The property 38 Bay St Unit W402 is a condo located in Westerly, Rhode Island, 02891.
Active Listing: 38 Bay St Unit W402 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 38 Bay St Unit W402 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 W402 has 2 bedrooms and 2 bathrooms.
The property 38 Bay St Unit W402 is 1,116 SqFt (source: MLS/tax record).
The year of construction for 38 Bay St Unit W402 is 2006.
This home is located at 38 Bay St Unit W402 in Westerly, RI and zip code 02891. This 1,116 square foot home, which was built in 2006, sits on a 0.46 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $1,695,000.
While more than 4 listings in Westerly, RI in April 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 8 were sold below. Between March and April 2025, Westerly, RI real estate market has seen increase in the number of listings by 34.8%. In April 2025 median list price was $500,000 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.