215 Watch Hill Road

Westerly, RI
$ 3,395,000 Beds 6 Baths 6.5 Sq 11,798 Virtual Tour
Monthly Estimate* How much can I afford?

This one-of-a-kind home is less than a mile from Atlantic Ocean beaches, Watch Hill's quaint seaside village, and the distinguished Ocean House. Own a part of history on the corner of Watch Hill Road and Foster Cove Road with year-round water views. The Powers family saved this structure from being demolished and had it moved from Massachusetts to Watch Hill in 1915, where it was reconstructed into the “Windover” mansion. Later known as the “Lion Gate Inn,” this property has 19th Century character with modern appeal. This is an ideal spot for a family retreat, “corporate” get-away, or for an investor with a taste for history and making all things possible.The owner's living quarters offers privacy that captures the essence of graceful simplicity that stands the test of time. Absorb enchanting sunsets from a screened-in porch, one of the two decks, or throughout the kitchen and living areas. Luxurious master suite and an on-suite bedroom also have custom built-in closets. There is potential here for separate guest quarters, returning property back to its original grandeur, or to continue use for rental income. These much sought after apartments are tucked into and around the perimeter of the building and offer four 1-bedroom, 1-bath studios that come with a strong rental history. Plenty of spaces in this home to relax, work, and live! Come and be captivated by this turn-key opportunity, summer or year-round, located just minutes from downtown Westerly.

Multi-Family

  • Price
  • $ 3,395,000
  • Lot Size
  • 1.45 Acres
  • Bedrooms
  • 6
  • Sqr Footage
  • 11,798
  • Full Bathrooms
  • 6
  • Year Built
  • 1890
  • Half Bathrooms
  • 1
  • City, Zip
  • Westerly
  • Taxes
  • 30180
  • County
  • WASHINGTON
  • Style
  • Multi Family
  • Area
  • Westerly
  • MLS#
  • 1276702
  • Zip
  • 02891
Listing Provided by: Mott & Chace Sotheby's Intl.
Data Source: Rhode Island Statewide MLS (RIAR)

Features

General

Appliances Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
Construction Materials Drywall, Plaster, Masonry, Shingle Siding, Wood Siding
Cooling Central Air, 1 Unit, Window Unit(s)
Electric 100 Amp Service, 200+ Amp Service, Circuit Breakers, Generator
Exterior Features Balcony, Deck, Porch, Sprinkler/Irrigation
Flooring Hardwood, Laminate, Marble, Other, Carpet
Garage Spaces 4
Garage Y/N Yes
Heating Baseboard, Hydro Air, Oil, Zoned
Interior Features Attic, Bathtub, Cathedral Ceiling(s), Dry Bar, Tub Shower, Cable TV
Parking Features Attached
Patio/Porch Features Balcony, Deck, Porch, Screened
Property SubType Multi Family
Property Type Residential Income
Sewer Septic Tank
Structure Type Apartment
Subdivision Name Watch Hill
Total Rooms 18
Total Units 4
View Water
Virtual Tour https://tour.RiLiving.com/215-Watch-Hill-RD-Westerly-RI-02891
Waterfront Features Beach Access, Walk to Water
Zoning R43

Interior Features

Above Grade Finished Area 11798
Air Conditioning Y/N Yes
Basement Exterior Entry, Full, Interior Entry, Partially Finished
Fireplace Features Gas, Marble, Stone
Fireplace Y/N Yes
Full Baths 6
Half Baths 1
Heating Y/N Yes
Laundry Features Common Area, In Unit
Total Baths 7
Total Bedrooms 6
Total Fireplaces 5
Window Features Storm Window(s), Thermal Windows

Exterior Features

Covered Spaces 4
Door Features Storm Door(s)
Foundation Details Concrete Perimeter, Stone
Frontage Length 260
Lot Features Corner Lot, Sprinkler System
Lot Size Acres 1.45
Lot Size Area 63162
Lot Size Square Feet 63162
Number of Buildings 1
Total Parking 14
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the East Greenwich, RI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/5/2021 Listed $3,395,000

Property vs Zip Code Average in 02891

Price
AVG $1.35M
$3.4M
Taxes
AVG $6,428
$30,180
Visits
AVG 10
8
Year Built
AVG 1912
1890
Walkscore
AVG 45
12
Data Provided by Walkscore ® not using MLS data

Map

215 Watch Hill Road Westerly, RI is a Single Family Home for sale at $3395000 with 11798 sqft and a lot size of 1.45 Acres Acre(s). 215 Watch Hill Road Westerly has 6 bedrooms, 6 baths and was built in 1890. The property's zip code is 02891 which is in Westerly, RI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.