Location, style, size, privacy and amenities make this a sure fit for anyone looking for a lovely summer home or year-round residence in the heart of Little Compton’s famed “Sakonnet Point” area. Short distance walk/ride to the harbor, beaches, yacht club, restaurants and ALL the activities one would expect from a quintessential coastal seaside village. The home underwent a full renovation and expansion, led by a RISD design/build company in 2016-2017, transforming this 1933 cottage into the perfect retreat. Designed specifically to emulate the quaintness of a cottage style manor, open concept living, with more intimate/cozy living spaces and a coastal flair. The home offers a gracious amount of living space, designed to comfortably allow for multiple guests or extended family, offering a studio in-law apt. over the garage and finished space in the lower level including a bedroom, living room, laundry room and space for a mini-kitchen. The living room, den and dining area open up to an expansive private deck and yard, and also offers a screened, western facing, front porch. The sunrises, moonrises and sunsets are truly one of a kind! You don’t want to miss this exquisite home and once in a lifetime opportunity! Generator, A/C, surround sound. Buyer to Pay LCAT.
Single-familyProperty Type
1933Year Built
2.09 acresLot Size
$853Est. Price/Sq.Ft.
2 car garageParking
Listed by Welchman Real Estate Group• Keller Williams Coastal
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Earn from this home
Sell
$1,677,370
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$4,206/mo
Redfin rental estimate
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Market trends in 02837, RI
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-list price
98.4%
+0.5% MoM
Median sale price
$1.2M
$125K MoM
Avg. days on market
73d
6 days MoM
Recently sold homes
15
4 MoM
Provided by Redfin
Sale history for 116 Sakonnet Point Rd
Date
Event
Price
RIS #1256501
Jul 31, 2020
Sold
$1,955,000
$515/sq ft
Jun 29, 2020
Pending
—
Jun 17, 2020
Listed
$1,750,000
$461/sq ft
Public Records
May 27, 2015
Sold
$950,000
$250/sq ft
RIS #1076659
Jun 4, 2015
Pending
—
Jun 4, 2015
Relisted
—
May 27, 2015
Sold
$950,000
$250/sq ft
Apr 21, 2015
Listing Removed
—
Oct 13, 2014
Price Changed
$1,195,000
$315/sq ft
Aug 20, 2014
Listed
$1,249,000
$329/sq ft
+18
In the Heart of Sakonnet Point, Cape Style home, rebuilt/expanded 1997 w/ new garage and Finished Loft Studio/Suite. Nicely Finished basement, Central A/C, hardwoods, large rear deck, screened porch, updated systems/finishes, walk to beach, clubs, Pt
Year
Property tax
Land + Additions
Assessment*
2025
$11,306 (+3.3%)
$721,100 + $1,639,200
$2,360,300
2024
$10,949 (+2.4%)
$626,300 + $1,529,100
$2,155,400
2023
$10,691 (+1.4%)
$626,300 + $1,529,100
$2,155,400
2022
$10,542 (+35.4%)
$626,300 + $1,525,200
$2,151,500
2021
$7,783 (+19.3%)
$496,200 + $792,400
$1,288,600
2020
$6,522 (+1.0%)
$496,200 + $592,600
$1,088,800
2019
$6,457 (−2.7%)
$496,200 + $592,600
$1,088,800
2018
$6,639 (+61.7%)
$496,200 + $617,800
$1,114,000
2016
$4,106 (−5.4%)
$496,200 + $227,900
$724,100
2015
$4,341 (+1.9%)
$414,100 + $340,800
$754,900
2014
$4,258 (+3.9%)
$414,100 + $340,800
$754,900
2013
$4,099 (+5.7%)
$414,100 + $340,800
$754,900
2012
$3,877
$338,800 + $381,800
$720,600
Tax history for 116 Sakonnet Point Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,306 (+3.3%)
$721,100 + $1,639,200
$2,360,300
2024
$10,949 (+2.4%)
$626,300 + $1,529,100
$2,155,400
2023
$10,691 (+1.4%)
$626,300 + $1,529,100
$2,155,400
2022
$10,542 (+35.4%)
$626,300 + $1,525,200
$2,151,500
2021
$7,783 (+19.3%)
$496,200 + $792,400
$1,288,600
2020
$6,522 (+1.0%)
$496,200 + $592,600
$1,088,800
2019
$6,457 (−2.7%)
$496,200 + $592,600
$1,088,800
2018
$6,639 (+61.7%)
$496,200 + $617,800
$1,114,000
2016
$4,106 (−5.4%)
$496,200 + $227,900
$724,100
2015
$4,341 (+1.9%)
$414,100 + $340,800
$754,900
2014
$4,258 (+3.9%)
$414,100 + $340,800
$754,900
2013
$4,099 (+5.7%)
$414,100 + $340,800
$754,900
2012
$3,877
$338,800 + $381,800
$720,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
2.09 Acres
Year renovated
—
Sq. Ft.
2,780
Year built
1994
Style
Single Family Residential
County
Newport County
APN
9367698S
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Jul 26, 2021 • Final
Electrical
Electrical
Jun 16, 2021 • Final
Mechanical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.