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Pending
  • Price cut: $4.9K (6/24)
    $265,000

    50 Lane 1, Warwick, RI 02888

    2beds
    680sqft
    : 
    Single Family Residence
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $390/sqft
    $-- HOA

    What's special

    Private beach accessStunning sunrisesStainless appliancesCheery kitchenTrendy baths
    BIG REDUCTION! Wow all rebuilt and cute as a button! What a LOCATION!! Welcome to Gaspee Point -a quaint private community with private beach access for swimming, sunbathing or long walks, stunning sunrises or exploration of Narragansett Bay. This cozy completely renovated 2 bed, 1.5 bath cottage is just steps to RI's shoreline. This comfortable snug home has been rebuilt from the ground up including new roof, luxury vinyl flooring, new windows/exterior doors, 1.5 trendy baths, cheery kitchen with stainless appliances, new heating and central air, new electrical, plus more! Absolutely nothing to do but move in and enjoy this oasis along Narraganset Bay. A wonderful opportunity for those looking to downsize. Centrally located just 15 minutes to Providence and five minutes to T.F. Green Airport. Close to Pawtuxet Village shops and restaurants. Don't miss this opportunity to own in one of RI's lovely beach communities. Perfect year-round living or as a summer get-away. Property is located on leased land. Pets are welcome. The lease fee is $566 per month which includes a 91.00 sewer assessment. Buyers must be approved for residency from association.
    60 days
    on Zillow
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    174
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    2
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    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2025 at 06:23am

    Listed by:

    Sheridan Group 401-413-6794,

    Abbott Properties, LLC

    Source: StateWide MLS RI,MLS#: 1386500MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Shower Stall
    Heating
    • Electric, Central Air, Heat Pump
    Cooling
    • Ductless
    Appliances
    • Included: Electric Water Heater, Dishwasher, Microwave, Oven/Range
    Features
    • Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
    • Flooring: Vinyl
    • Doors: Storm Door(s)
    • Windows: Insulated Windows
    • Basement: Partial,Bulkhead,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 680
    • Total interior livable area: 680 sqft
    • Finished area above ground: 680
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage
    Features
    • Fencing: Fenced
    • Waterfront features: Access, Beach, Walk to Salt Water, Walk To Water
    Details
    • Additional structures: Outbuilding
    • On leased land: Yes
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Assessment to Buyer, In Fee
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Subdivision: Gaspee Point
    HOA
    • Has HOA: No
    Location
    • Region: Warwick

    Financial & listing details

    • Price per square foot: $390/sqft
    • Annual tax amount: $1,050
    • Date on market: 6/2/2025
    • Inclusions: Fannie Mae property - Lease fee is $566 and of that fee $91 is for sewer assessment. All offers to be made through HOMEPATH.COM
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