16 Homestead, Narragansett, RI, 02882

Versatile tri-level coastal home offering 6 bedrooms and 3 full bathrooms, ideal for use as a personal summer retreat and a school-year investment property. The second level features a sun-filled living area with access to a deck showcasing ocean views, along with a fully equipped kitchen and separate dining area—perfect for gatherings after a day at the beach. Each floor has a full bathroom and all bedrooms face southeast toward the water, with water views from the second and third level bedrooms. Offered fully furnished, the home is ready for immediate enjoyment or continued rental use. Enjoy a walkable location to the beach, a short bike ride to Galilee, and close proximity to town shopping, restaurants, and state and town beaches. Conveniently located less than 20 minutes from the University of Rhode Island campus. Currently rented during the academic year with leases in place for the 2026 academic year, this property offers both lifestyle flexibility and built-in income potential. The home is currently rented a few weeks in the summer, but still ample time to enjoy it as a personal summer retreat!

Residential
$1,200,000
Location
City/TownNarragansett
CountyWashington
Community FeaturesBus, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area2,430 sq. ft.
Rooms8
HeatingOil, Baseboard
CoolingIndividual Unit
Interior FeaturesWall (Dry Wall), Wall (Plaster), Cathedral Ceilings, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
Additional Information
Tax Assessment$932,500
Exterior
Acreage0.115
Exterior FeaturesDeck
Waterfront FeaturesWalk to Salt Water, Walk To Water
Listed By: Mott & Chace Sotheby's Intl.

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