$4,499,000
About this home
Unparalleled waterfront opportunity in highly coveted Bonnet Shores! Positioned high above the coastline with no flood insurance required due to its elevation, this oversized, nearly half acre parcel commands breathtaking 180-degree panoramic views spanning Narragansett Bay, from the iconic Jamestown and Newport bridges, past Beavertail to the Atlantic Ocean. Originally two separate parcels, this property offers rare potential to unmerge into two standalone lots (approvals required) or build the ultimate luxury oceanfront compound. The property currently features a 2,900 SF, 4-bedroom, 2-bath 1938 Colonial with hardwood floors, town water, and town sewer. Whether you choose to redevelop, or restore, the clifftop location is unmatched. Lots of this size offering an opportunity to build your dream home are exceedingly rare in Bonnet Shores! Enjoy the quintessential Narragansett lifestyle with exclusive deeded beach rights to Bonnet’s private Kelly Beach and boat launch access at Little Beach. Don't miss this extraordinary piece of coastal Rhode Island. Please see the video for additional footage.
Highlights
Property details
- MLS #
- 1421772
- Property type
- Single Family Residence
- Subdivision
- Bonnet Shores
- Status
- Active
- Days on market
- 13
- On market date
- August 28, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.47 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 245
- Student:teacher ratio
- 10.7:1
- District
- Jamestown
- Enrollment
- 193
- Student:teacher ratio
- 9.7:1
- District
- Jamestown
- Enrollment
- 489
- Student:teacher ratio
- 13.6:1
- District
- Narragansett
Walkability
Blended score for Narragansett'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).
Market position
How this listing compares to current activity in Narragansett, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 11 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.