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38 Bay Street Unit W201/202

Westerly, RI 02891

4 beds
5 baths
3,524 sqft
~1/2 acre lot
$1,701 per sqft
1845 build

WATCH HILL LUXURY STYLE LIVING ONE OF A KIND A majestic (4) bedroom, (4 1/2) bath luxury 3,547asf condominium located in the heart of the Historic Village of Watch Hill, R.I., is perhaps the largest condo offering in this exclusive community. Formerly the ballroom of the historic "Watch Hill Inn" building, (originally landmarked as the Narraganset Inn" built in 1845), was totally reconfigured and rebranded by former New York Architect, Peter J. Catalano for his wife and well know singer, Dana Valery, who purchased the Narragansett Inn in December 1985, and in 2006 totally rebuilt and converted the building to residential units. Currently marketed as "The Admiral Suite , the unit overlooks Little Narraganset Bay, the Connecticut coastline, and New York's Fisher Island, from its 30' wide front deck with unobstructed spectacular sunset water views. The beautifully appointed 40x30 Great Room with high ceilings is separated by two back to back gas fired fireplaces with hand carved wood paneling as a focal point surrounded by 270 degree views of the skyline and ocean. The open Viking appliance kitchen is ideal for the cuisine aficionados. An optional Rental Program offers amenities at the Ocean House Resort Hotel a Relais & Chateaux property. Included: private Ocean beach access, gym, spa, beach dining, crochet court, and much more. Car service between the sister properties, Amtrak Station, and Westerly Airport. Walk to one of the (3) beaches. Assigned parking spaces (4)

Listing courtesy of RIMLS / WATCH HILL PROPERTIES

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

MLS# 1384525 —

The Building

Year Built:

1845
New Construction:

false
Building Name:

Watch Hill Inn
Building Area Total:

3524.0
Construction Materials:

Drywall,Clapboard,ShingleSiding,WoodSiding
Foundation Details:

ConcretePerimeter
Stories:

5
Stories Total:

5
Levels:

One
Entry Level:

2
Entry Location:

Private Entry,Second Floor Access
Basement:

None
Basement:

false
Window Features:

ThermalWindows
Patio And Porch Features:

Balcony,Deck
Exterior Features:

Balcony,Deck,PavedDriveway

Interior

Interior Features:

WetBar,TubShower,Furnished,JettedTub,CableTv
Flooring:

CeramicTile,Hardwood
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Gas
Furnished:

Furnished
Laundry Features:

InUnit

Room Dimensions

Living Area:

3524.0
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:

38BAYSTW201/202WEST
Zoning:

SCWH
View:

Saltwater,Water
View:

true
Fencing:

Security

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

33434.07
Tax Assessed Value:

3658300
Tax Lot:

101

Beds

Bedrooms Total:

4

Baths

Total Baths:

5
Full Baths:

4
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://tour.RiLiving.com/38-Bay-Street-Westerly-RI-02891--1384525

Heating & Cooling

Heating:

Baseboard,Central,Electric,ForcedAir,Gas,HeatPump,Zoned
Heating:

true
Cooling:

HeatPump,WallUnits,CentralAir
Cooling:

true

Utilities

Utilities:

SewerConnected,UndergroundUtilities
Electric:

Amps200OrMore
Sewer:

Connected,SepticTank
Water Source:

Connected,Public,WaterTapFee

Appliances

Appliances:

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

The Community

Subdivision Name:

Watch hill Village
Spa:

true
Senior Community:

false
Community Features:

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

WaterAccess,WalkToWater
Association Fee:

2268.45
Association Fee Includes:

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

Monthly
Pets Allowed:

Yes

Parking

Parking Total:

3.0
Parking Features:

Assigned,NoGarage
Garage:

false

Monthly cost estimate

Asking price

$5,995,000

Expense	Monthly cost
Mortgage	$32,101
Taxes	$2,786
Insurance	$1,648
HOA fees	$2,268
Utilities	$313 See report
Total	$39,116/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/12/25 May 12, 2025	Listed / Active	RIMLS	$5,995,000

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This condo located in Westerly, RI 02891 is currently for sale for $5,995,000. 38 Bay Street Unit W201/202 is a 3,524 square foot condo with 4 beds and 5 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.