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.
Pending
Price cut: $4.9K (6/24)
$265,000
50 Lane 1, Warwick, RI 02888
2beds
680sqft
Est.:
Single Family Residence
Built in 1935
-- sqft lot
$-- Zestimate®
$390/sqft
$-- HOA
What's special
Private beach accessStunning sunrisesStainless appliancesCheery kitchenTrendy baths
- 60 days
- on Zillow |
- 174 |
- 2 |
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#: 1386500

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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