Sold for $539,900 on 09/20/24
$539,900
7 Lane #1, Warwick, RI 02888
2beds
975sqft
Single Family Residence
Built in 1940
-- sqft lot
$556,000 Zestimate®
$554/sqft
$2,015 Estimated rent
Home value
$556,000
$495,000 - $623,000
$2,015/mo
Zestimate® history
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What's special
Waterfront living at its finest on Gaspee Point! This stunning, newly remodeled one level, 2 bed, 1 bath home offers 180-degree views and direct access to a sandy beach with Eastern views. The beautifully designed quartz counter kitchen features a subway tile backsplash, and vaulted wood-beamed ceilings. The spacious living room, adorned with large windows, showcases breathtaking water views and includes a floor-to-ceiling brick wood-burning fireplace, perfect for setting a cozy mood. Adjacent to the kitchen is a fully remodeled bathroom with laundry, and the master bedroom with vaulted ceilings. The second bedroom overlooks the water, providing serene views. The home also offers basement access from inside and out, ideal for storage or creating a rec area. The patio provides a picture-perfect view and space for outdoor living. Step down to your sandy beach for sunbathing, swimming, fishing, or enjoying watersports. Embrace the New England waterfront lifestyle with proximity to marinas, a train station, an airport, highways, and all the shopping and dining you need. This is the waterfront escape you've dreamed of!
Zillow last checked: 8 hours ago
Listing updated: September 20, 2024 at 09:08am
Listed by:
The DiSpirito Team 401-244-8355,
Engel & Volkers Oceanside
Bought with:
Judy Croyle, RES.0030839
Residential Properties Ltd.
Source: StateWide MLS RI,MLS#: 1364776
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Gas on Gas, Heat Pump, Individual Control, Space Heater
Cooling
- Ductless
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Cathedral Ceiling(s), Plumbing (Mixed), Insulation (Ceiling), Insulation (Unknown), Insulation (Walls)
- Flooring: Ceramic Tile
- Windows: Insulated Windows
- Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
- Number of fireplaces: 1
- Fireplace features: Brick
Interior area
- Total structure area: 975
- Total interior livable area: 975 sqft
- Finished area above ground: 975
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Accessibility
- Accessibility features: One Level
Features
- Patio & porch: Patio
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Access, Beach, Ocean Front, River, Saltwater Front, Walk to Salt Water, Walk To Water
Details
- Parcel number: WARWM305B0058L9507
- On leased land: Yes
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Dry Wall, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Assessment to Buyer
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Warwick
- Subdivision: Gaspee Point
HOA & financial
HOA
- Has HOA: No
- HOA fee: $459 monthly
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2024 | Sold | $539,900$554/sqft |
Source: | ||
| 8/6/2024 | Pending sale | $539,900$554/sqft |
Source: | ||
| 7/29/2024 | Listed for sale | $539,900+322.1%$554/sqft |
Source: | ||
| 5/26/2015 | Sold | $127,900$131/sqft |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,636 | $251,300 |
| 2024 | $3,636 +2% | $251,300 |
| 2023 | $3,566 -2.3% | $251,300 +28.9% |
Find assessor info on the county website
Neighborhood: 02888
Nearby schools
GreatSchools rating
- 7/10Holliman SchoolGrades: K-5Distance: 1.6 mi
- 4/10Warwick Veterans Jr. High SchoolGrades: 6-8Distance: 3.1 mi
- 7/10Pilgrim High SchoolGrades: 9-12Distance: 1.6 mi

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Get a free Zillow Showcase℠ listing and you could sell for .
$556,000
2% more+ $11,120
With Zillow Showcase(estimated)
$567,120