$999,000
About this home
Located in one of Westerly’s most sought-after coastal neighborhoods, this rare two-family beach cottage presents an exceptional opportunity for investors, vacation homeowners, or those seeking a premier beach retreat. Just a short stroll from the sandy shoreline of Misquamicut and Benson Avenue Beach, this property offers the coveted coastal lifestyle that makes this area one of Rhode Island’s most desirable seaside destinations. The existing structure features two separate units, each offering 3 bedrooms, a kitchen, and a half bath, providing flexible rental or family-use options. Two outdoor showers make it easy to rinse off after a day at the beach, while the property's location allows residents and guests to enjoy the charm, exclusivity, and limited inventory that define this highly desirable beach community. Situated on a cesspool system and notably not requiring flood insurance, the property offers a unique investment opportunity in a location where beach-area properties are tightly held and consistently in demand. Whether you're looking to renovate, maximize rental income, or create the ultimate coastal getaway, the possibilities are abundant. Buyer to perform all due diligence regarding property condition, future use, redevelopment potential, and all municipal requirements. Property is being sold as-is.
Property details
- MLS #
- 1422019
- Property type
- Multi Family
- Subdivision
- Misquamicut
- Status
- Active
- Days on market
- 10
- On market date
- September 2, 2026
- Stories
- 2
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.21 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 275
- Student:teacher ratio
- 12.5:1
- District
- Westerly
- Enrollment
- 740
- Student:teacher ratio
- 11.2:1
- District
- Westerly
- Enrollment
- 726
- Student:teacher ratio
- 9.9:1
- District
- Westerly
Walkability
Blended score for Westerly's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Westerly, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 22 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.