Condominium at 118 Bay Street UNIT 4, Westerly
Condominium at 118 Bay Street UNIT 4, Westerly, photo 2 of 20
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20 photos

$1,600,000

118 Bay Street UNIT 4
Westerly, RI 02891
Listed by Lauren Nigrelli
Bedrooms
2
Bathrooms
2
Living area
924 sqft
Year built
1938

About this home

A rare second chance to own in the heart of Watch Hill! This beautifully maintained two-bedroom, two-bath condominium combines an exceptional village location with direct harbor views. From the private deck, watch the boats come and go, savor morning coffee by the water, or unwind with cocktails as the cannon announces the sunset. Bright and inviting, the 924-square-foot residence offers a thoughtfully designed layout with two comfortable bedrooms, two full baths, including a primary en suite, a full kitchen, wet bar area, washer/dryer, central air conditioning, and living spaces positioned to showcase the view. Just outside your door, stroll to Napatree Point and East Beach; explore the shops, galleries and restaurants along Bay Street; ride the historic Flying Horse Carousel; or enjoy a lobster boil at the Ocean House. Few properties place the best of Watch Hill within such easy reach. Ideal as a summer getaway, year-round retreat, or investment in one of Rhode Island’s most treasured seaside communities, this residence offers an increasingly rare combination: water views, walkability to the beach, and effortless access to the Watch Hill lifestyle.

Highlights

Waterfront

Property details

MLS #
1422356
Property type
Condominium
Subdivision
Watch Hill
Status
Active
Days on market
10
On market date
September 3, 2026
Stories
1
Total bathrooms
2
Garage spaces
N/A
Parking spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
State Street School
4.23 mi away · Grades 0-4
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
246
Student:teacher ratio
10.7:1
District
Westerly
Middle
Westerly Middle School
4.58 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
4.99 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. EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

35
Car-dependent
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Nearby-amenity density
35 / 100
Restaurants & cafes8
Grocery stores0
Parks4
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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Est. monthly payment
$9,785/mo
$320,000 down
$1,280,000 loan
Principal & interest$8,302
Property tax (est.)$1,333
Home insurance (est.)$150

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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.