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38 Bay Street Unit W402

Westerly, RI 02891

2 beds
2 baths
1,116 sqft
~1/2 acre lot
$1,518 per sqft
2006 build

This Watch Hill Inn Villa Residence Unit W402 is located in the heart of the Historic Village of Watch Hill RI, is currently sponsored in the Ocean House Management Rental Program with access to many quality lifestyle amenities. The Watch Hill Inn formerly the Historic Narraganset Inn built circa 1845, was gut-rehabbed in 2006, and completely refurbished in 2014. The apartment includes ownership of a separate and exclusive "Solarium Deck" with incredible sunset and water views overlooking the Watch Hill Yacht Club and Little Narragansett Bay. This 1,116 asf Unit to be sold completely furnished "as is" with natural bamboo and Italian marble floors, black granite countertops and Thomasville wood cabinets, Koehler bath fixtures, an open kitchen, and a living room pull out queen sofa-bed - accommodating 4-5 persons. Owners in the Rental Program share rent income, and also while in occupancy have access to the various amenities offered at our two other Relais & Chateaux Historic Landmark Hotel properties, the Ocean House Resort Hotel, and the Weekapaug Inn. These amenities include access to the OH private Atlantic Ocean beach, OH Spa, OH gym, croquette court, intra-property shuttle service, daily housekeeping, gourmet restaurants, special events, OH marine fleet rentals, and the Inns' private Sun Deck with breathtaking unobstructed sunset views looking westward towards the Connecticut coastline. It's a first class living experience.

Listing courtesy of RIMLS / WATCH HILL PROPERTIES

Last checked: Checking… • Last updated May 12, 2025 •

MLS# 1384529 —

The Building

Year Built:

2006
New Construction:

false
Building Name:

Watch Hill Inn
Building Area Total:

1116.0
Construction Materials:

Drywall,ShingleSiding
Foundation Details:

ConcretePerimeter
Stories:

5
Stories Total:

5
Levels:

One
Entry Level:

4
Entry Location:

Third Floor or higher Access
Basement:

None
Basement:

false
Window Features:

ThermalWindows
Patio And Porch Features:

Balcony
Exterior Features:

Balcony,PavedDriveway

Interior

Interior Features:

TubShower,Furnished,JettedTub,CableTv
Flooring:

CeramicTile,Hardwood,Carpet
Fireplace:

false
Fireplace Features:

None
Furnished:

Furnished
Laundry Features:

InUnit

Room Dimensions

Living Area:

1116.0
Living Area Source:

PublicRecords

Location

Latitude:

41.311028
Longitude:

-71.85669

The Property

Property Type:

Residential
Property Subtype:

Condominium
Property Subtype Additional:

Condominium
Lot Size Acres:

0.4591
Lot Size Area:

20000.0
Lot Size Square Feet:

20000.0
Lot Size Units:

SquareFeet
Parcel Number:

38BAYSTW402WEST
Zoning:

SCWH
View:

Saltwater,Water
View:

true
Fencing:

Security

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

7416.36
Tax Assessed Value:

788300
Tax Lot:

101

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://tour.RiLiving.com/38-Bay-Street-Westerly-RI-02891

Heating & Cooling

Heating:

Baseboard,Electric,HeatPump,Zoned
Heating:

true
Cooling:

HeatPump,OneUnit,WallUnits
Cooling:

true

Utilities

Utilities:

SewerConnected,UndergroundUtilities
Electric:

Amps200OrMore
Sewer:

Connected,SepticTank
Water Source:

Connected,Public,WaterTapFee

Appliances

Appliances:

CommonWaterHeater,Dryer,Dishwasher,ExhaustFan,GasWaterHeater,Microwave,Oven,Range,Refrigerator,RangeHood,Washer

The Community

Subdivision Name:

Watch Hill Village
Spa:

true
Senior Community:

false
Community Features:

Golf,HighwayAccess,Marina,MaintenanceOnSite,NearHospital,NearSchools,PublicTransportation,RecreationArea,Shopping,TennisCourts,Sidewalks
Waterfront Features:

WaterAccess,WalkToWater
Association Amenities:

Maintenance
Association Fee:

669.5
Association Fee Includes:

Gas,HotWater,Laundry,MaintenanceGrounds,Parking,Sewer,SnowRemoval,Security,Trash,Water
Association Fee Frequency:

Monthly
Pets Allowed:

Yes

Parking

Parking Total:

2.0
Parking Features:

Assigned,NoGarage
Garage:

false

Monthly cost estimate

Asking price

$1,695,000

Expense	Monthly cost
Mortgage	$9,076
Taxes	$618
Insurance	$466
HOA fees	$670
Utilities	$152 See report
Total	$10,982/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/12/25 May 12, 2025	Listed / Active	RIMLS	$1,695,000

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This condo located in Westerly, RI 02891 is currently for sale for $1,695,000. 38 Bay Street Unit W402 is a 1,116 square foot condo with 2 beds and 2 baths. This condo is in the attendance area of Westerly High School and Westerly Inclusion Preschool Program.

Listing Courtesy of: RIMLS and WATCH HILL PROPERTIES.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2025 State-Wide Multiple Listing Service. All rights reserved.