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Sold for $265,000 on 08/15/25
  • $265,000

    50 Lane 1, Warwick, RI 02888

    2beds
    680sqft
    Single Family Residence
    Built in 1935
    -- sqft lot
    $267,000 Zestimate®
    $390/sqft
    $-- Estimated rent

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: August 16, 2025 at 05:25pm

    Listed by:

    Sheridan Group 401-413-6794,

    Abbott Properties, LLC

    Bought with:

    Eric Ouhrabka, REB.0049069

    HomeSmart Professionals

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

    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

    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
    • Special conditions: Conventional/Market Value
    • 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 & neighborhood

    Location
    • Region: Warwick
    • Subdivision: Gaspee Point
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $267,000
    2% more+$5,340
    With Zillow Showcase(estimated)$272,340