Single Family Residence at 125 Waterway, North Kingstown
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$4,495,000

125 Waterway
North Kingstown, RI 02874
Listed by Dina Karousos/Nicole Lucenti Team
Bedrooms
4
Bathrooms
4
Living area
5,392 sqft
Year built
2003

About this home

Set on over 1.1 private acres in Old Saunderstown, 125 Waterway is designed for year-round living, working, entertaining and recreation, just a short walk from Narragansett Bay and Saunderstown Yacht Club. Extensively renovated, the property brings together an unusual range of indoor and outdoor spaces in one setting. Inside are custom millwork, designer lighting, a chef’s kitchen, library, hidden bar, billiards room and creative studio, along with private office/studio space and a dedicated heated fitness and recreation area. High-speed fiber Wi-Fi extends throughout the house and across the property. Outside, deep covered porches and bluestone terraces provide separate places to dine, gather and relax. The grounds include an outdoor kitchen, pergola, hot tub, gas and wood-burning fire features, lighted pickleball and basketball court, putting green, climbing and ropes area, hammock grove and expansive Great Lawn, all surrounded by mature gardens. The outdoor spaces are designed to be used across the seasons. Walk to neighborhood water access, Saunderstown Yacht Club and Willett Free Library, with Casey Farm nearby. Newport, Narragansett beaches, the Dunes Club and Point Judith Country Club are within easy reach, as are Amtrak and T.F. Green Airport. Private, connected and unusually well equipped for the way people actually live.

Highlights

Fireplace

Property details

MLS #
1423199
Property type
Single Family Residence
Subdivision
Old Saunderstown - Yacht Clb
Status
Active
Days on market
10
On market date
September 15, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
2
Parking spaces
10
Lot size
1.14 acres
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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).

Elementary
Jamestown School-Melrose
2.13 mi away · Grades -1-4
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
245
Student:teacher ratio
10.7:1
District
Jamestown
Middle
Jamestown School-Lawn
2.24 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
193
Student:teacher ratio
9.7:1
District
Jamestown
High
North Kingstown Sr. High
3.8 mi away · Grades 9-12
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
1,451
Student:teacher ratio
13.7:1
District
North Kingstown

Walkability

Blended score for North Kingstown'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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

54
Somewhat walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable

Market position

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

On the market 10 days -- 47 fewer days than North Kingstown's current average of 57 days.
For reference, the median list price across 170 active listings in North Kingstown right now is $672,500.

Mortgage calculator

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

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Est. monthly payment
$27,219/mo
$899,000 down
$3,596,000 loan
Principal & interest$23,324
Property tax (est.)$3,746
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 4 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.