Single Family Residence at 497 Atlantic Avenue, Westerly
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$1,900,000

497 Atlantic Avenue
Westerly, RI 02891
Listed by Lori Joyal
Bedrooms
4
Bathrooms
2
Living area
1,700 sqft
Year built
1957

About this home

MISQUAMICUT BEACHFRONT !! This well-loved Misquamicut cottage situated on .42 of an acre of beachfront offers something increasingly rare---the opportunity to create your own vision at the shore. The beachfront cottage has been cherished by the same family for many years and has enjoyed a successful history as a rental . Imagine morning coffee, sunset cocktails, or casual outdoor dining after a day at the beach while overlooking the ocean, with views extending toward Block Island, Montauk and beyond. More than simply a beach house, this is an opportunity to take a cherished piece of Misquamicut and make it your own. Think of the existing cottage as a canvas—not defined by what it is today, but by what it could become. Bring your vision, explore the possibilities, and create a one-of-a-kind coastal escape in one of Rhode Island’s most sought-after beach locations.

Highlights

Waterfront

Property details

MLS #
1422678
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
10
On market date
September 8, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
8
Lot size
0.42 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Dunn's Corners School
1.35 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
275
Student:teacher ratio
12.5:1
District
Westerly
Middle
Westerly Middle School
1.52 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
740
Student:teacher ratio
11.2:1
District
Westerly
High
Westerly High School
3.91 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
726
Student:teacher ratio
9.9:1
District
Westerly

Walkability

Blended score for Westerly's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

33
Car-dependent
out of 100
EPA National Walkability Index
5.8 / 20 -- Below average walkable
Nearby-amenity density
38 / 100
Restaurants & cafes9
Grocery stores0
Parks13
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Westerly, from live MLS data.

On the market 10 days -- 37 fewer days than Westerly's current average of 47 days.
For reference, the median list price across 205 active listings in Westerly right now is $599,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$11,592/mo
$380,000 down
$1,520,000 loan
Principal & interest$9,859
Property tax (est.)$1,583
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 6 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.