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Sold for $635,000
    • $635,000

    40 Tern Rd, Narragansett, RI 02882

    3beds
    2,136sqft
    Single Family Residence
    Built in 1961
    9,583 Square Feet Lot
    $597,900 Zestimate®
    $297/sqft
    $2,598 Estimated rent

    Home value

    $597,900

    $568,000 - $628,000

    $2,598/mo

    Zestimate® history
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    What's special

    Generous living spacePeaceful hideaway settingPrivate little paradiseWell-built homeQuiet streetSpacious lot
    Set on a spacious lot along a quiet street in one of Narragansett’s hidden gem neighborhoods, 40 Tern Road offers an incredible opportunity for the next owner to reimagine and renovate a property with tremendous potential. This well-built home features solid bones, generous living space, and a layout ready for a complete renovation and personal vision. Perfectly located close to Narragansett’s beaches, restaurants, shopping, and local attractions, the property still feels tucked away in its own private little paradise. Enjoy the rare combination of convenience and tranquility, where you can be minutes from everything while coming home to a peaceful hideaway setting surrounded by privacy and nature. The large lot provides outstanding space for entertaining, relaxing, or possible future expansion. Whether you are looking for your next renovation project, investment opportunity, future coastal getaway, or hoping to make Narragansett your primary home, this hidden gem is ready for its next chapter in one of Rhode Island’s premier beach communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Team KEY 401-329-9722,

    KEY Real Estate Services

    Bought with:

    Robert Sweeney, RES.0042913

    Real Broker, LLC

    Source: StateWide MLS RI,MLS#: 1412102MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bathroom
    • Features: Bath w Tub
    Heating
    • Natural Gas, Forced Air
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Hardwood
    • Basement: Full,Interior Entry,Unfinished,Utility
    • Attic: Attic Storage
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,212
    • Total interior livable area: 2,136 sqft
    • Finished area above ground: 1,212
    • Finished area below ground: 924

    Property

    Parking
    • Total spaces: 10
    • Parking features: Detached, Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Adjusted Height Sink (No Cabinets Below), Accessible Approach with Ramp
    Features
    • Waterfront features: Walk to Salt Water, Walk To Water
    Lot
    • Size: 9,583 Square Feet
    Details
    • Additional structures: Barn(s), Outbuilding
    • Parcel number: NARRMWB150
    • Zoning: R-40
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Shingles
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Electric: 150 Amp Service
    • Sewer: Septic Tank
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Commuter Bus, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    HOA
    • Has HOA: No
    Location
    • Region: Narragansett

    Financial & listing details

    • Price per square foot: $297/sqft
    • Tax assessed value: $449,000
    • Annual tax amount: $3,049
    • Date on market: 5/13/2026

    Price history

    DateEventPrice
    7/13/2026Sold$635,000+1.6%$297/sqft
    Source: StateWide MLS RI #1412102 Report a problem
    6/8/2026Pending sale$625,000$293/sqft
    Source: StateWide MLS RI #1412102 Report a problem
    6/2/2026Contingent$625,000$293/sqft
    Source: StateWide MLS RI #1412102 Report a problem
    5/13/2026Listed for sale$625,000+174.7%$293/sqft
    Source: StateWide MLS RI #1412102 Report a problem
    9/19/2012Sold$227,500$107/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,049 +3.7%$449,000
    2024$2,941 -0.9%$449,000 +36.1%
    2023$2,968 $329,800
    2022$2,968 +1.6%$329,800
    2021$2,922 -12.1%$329,800 +3.9%
    2020$3,325 +2.4%$317,300
    2019$3,246 +2.8%$317,300
    2018$3,157 +14.1%$317,300 +21.1%
    2017$2,768 +4.8%$262,100
    2016$2,642 +1.4%$262,100
    2015$2,605 +2.1%$262,100 +3.1%
    2014$2,552 +2.4%$254,200
    2013$2,491 +2.4%$254,200
    2012$2,433 +0.9%$254,200 -5.4%
    2011$2,411 +1.2%$268,800
    2010$2,382 +3.8%$268,800 +0.5%
    2009$2,295 +2.5%$267,500 -13.4%
    2008$2,240 +4.2%$308,900
    2007$2,150 $308,900
    Find assessor info on the county website

    Neighborhood: Narragansett Pier

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    Estimated market value
    $597,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $597,900

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