BOUGHT WITH REDFIN FEB 17, 2026

Off Market Feb 2026 for $1.2M

$1,273,042

•

2,430

sq ft

16 Homestead Rd, Narragansett, RI 02882

About this home

Versatile tri-level coastal home offering 6 bedrooms and 3 full bathrooms, ideal for use as a personal summer retreat and a school-year investment property. The second level features a sun-filled living area with access to a deck showcasing ocean views, along with a fully equipped kitchen and separate dining area perfect for gatherings after a day at the beach. Each floor has a full bathroom and all bedrooms face southeast toward the water, with water views from the second and third level bedrooms. Offered fully furnished, the home is ready for immediate enjoyment or continued rental use. Enjoy a walkable location to the beach, a short bike ride to Galilee, and close proximity to town shopping, restaurants, and state and town beaches. Conveniently located less than 20 minutes from the University of Rhode Island campus. Currently rented during the academic year with leases in place for the 2026 academic year, this property offers both lifestyle flexibility and built-in income potential. The home is currently rented a few weeks in the summer, but still ample time to enjoy it as a personal summer retreat!

Single-familyProperty Type

2007Year Built

5,009 sq ftLot Size

$524Est. Price/Sq.Ft.

6 spacesParking

Buyer's agent

Colleen Mercurio Redfin Corporation

Listed by Janet Kermes • Mott & Chace Sotheby's Intl.

Listed by Brandi Lacoste • Mott & Chace Sotheby's Intl.

Redfin checked: 2 minutes ago

•Source:RIS #1401959

Redfin Estimate

$1,273,042

$73K since sold in February 2026$12K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.8% higher than the average sale price ($1.16M) of 6 comparable homes.

SOLD APR 16, 2026
$1,362,650
A
5 beds3.5 baths2,552 sq ft
26 Saint James Rd, Narragansett, RI 02882
SOLD AUG 14, 2026
$1,200,000
B
4 beds3.5 baths2,854 sq ft
25 Southern View Dr, Narragansett, RI 02882
SOLD JUL 22, 2026
$950,000
C
3 beds3 baths2,352 sq ft
110 Houston Ave, Narragansett, RI 02882
SOLD JUL 31, 2026
$895,000
D
4 beds2 baths2,200 sq ft
8 Southwest Rd, Narragansett, RI 02882
SOLD NOV 17, 2025
$1,200,000
E
3 beds3 baths2,315 sq ft
100 Chestnut Ave, Narragansett, RI 02882
SOLD AUG 14, 2026
$1,350,000
F
3 beds2.5 baths2,116 sq ft
9 Arbeth Rd, Narragansett, RI 02879

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$246,885

Est. take-home

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Rent

$5,131/mo

Redfin rental estimate

List your home for rent

Market trends in 02882, RI

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

0.6% MoM

Median sale price

$875K

$107K MoM

Avg. days on market

22d

3 days MoM

Recently sold homes

13 MoM

New listings for sale

NEW 9 HRS AGO
$850,000
3 beds2 baths2,136 sq ft
40 Tern Rd, Narragansett, RI 02882
COMING SOON
$2,100,000
3 beds2 baths1,539 sq ft
13 Lane Five, Narragansett, RI 02882
COMING SOON
$4,499,000
4 beds2 baths2,906 sq ft
168 Colonel John Gardner Rd, Narragansett, RI 02882
OPEN TODAY, 12PM TO 2PM
$1,050,000
2 beds2 baths1,200 sq ft
26 Cypress Ave, Narragansett, RI 02882
$924,000
3 beds2 baths1,452 sq ft
85 North River Dr, Narragansett, RI 02882
$565,000
2 beds1 bath780 sq ft
137 A Kingstown Rd, Narragansett, RI 02882
FOR SALE BY OWNER
$890,000
3 beds2 baths1,001 sq ft
711 Point Judith Rd, Narragansett, RI 02882
$698,500
1 bed1 bath405 sq ft
4 Lane Three, Narragansett, RI 02882
$1,248,000
2 beds2 baths1,813 sq ft
22 Noble St, Narragansett, RI 02882
See all

Provided by Redfin

Sale history for 16 Homestead Rd

Date

Event

Price

RIS #1401959

Feb 17, 2026

Sold

$1,200,000

$494/sq ft

Feb 10, 2026

Pending

—

Jan 18, 2026

Contingent

—

Jan 18, 2026

Relisted

—

Jan 13, 2026

Contingent

—

Jan 5, 2026

Listed

$1,200,000

$494/sq ft

RIS #1207051

Jan 4, 2019

Sold

$730,000

$300/sq ft

Dec 20, 2018

Pending

—

Nov 18, 2018

Contingent

—

Oct 15, 2018

Listed

$755,000

$311/sq ft

+28

Investors take notice! Point Judith beach house with cool summer breezes and wonderful views of the Atlantic Ocean, Point Judith Lighthouse, Jamestown’s Beavertail Point and the East Passage to Newport harbor. Tremendous investment opportunity with proven and reliable rental income. 6 Large bedrooms and 3 baths, great layout with eat in kitchen, dining area & outside grilling deck off kitchen and living room. This is truly a turn key operation or the perfect beach house. Located walking distance to 5 restaurants, an ice cream stand, clam cake and chowder hall and a short bike ride or drive (1 mile) to 3 outstanding sandy beaches: Sand Hill Cove, the Fisherman's Beach and Scarborough Beach. Walk to the Point Judith Lighthouse. Close to the Block Island Ferry, marinas, fishing boats and shopping. Whether you're looking for a beach house or investment this is a home run. Great location, good condition and real summer vibes. Net income less taxes and insurance for academic year 2019/2020 at $33,000 (this number is gross rental income less $2,000 owner booking fees for the rental contract). Closing to be on or after May 22, 2019.

RIS #1193038

Oct 15, 2018

Listing Removed

—

Jul 14, 2018

Relisted

—

Jun 29, 2018

Contingent

—

May 25, 2018

Listed

$775,000

$319/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,332 (+3.7%)

$396,600 + $535,900

$932,500

2024

$6,108 (+2.6%)

$396,600 + $535,900

$932,500

2023

$5,954 (+3.4%)

$264,300 + $375,200

$639,500

2022

$5,756 (+1.6%)

$264,300 + $375,200

$639,500

2021

$5,666 (+10.9%)

$264,300 + $375,200

$639,500

2020

$5,110 (+2.4%)

$185,000 + $302,600

$487,600

2019

$4,988 (+2.8%)

$185,000 + $302,600

$487,600

2018

$4,852 (+2.5%)

$185,000 + $302,600

$487,600

2017

$4,732 (+4.8%)

$178,500 + $269,600

$448,100

2016

$4,517 (+1.4%)

$178,500 + $269,600

$448,100

2015

$4,454 (−3.3%)

$178,500 + $269,600

$448,100

2014

$4,605 (+2.4%)

$165,700 + $293,000

$458,700

2013

$4,495 (+2.4%)

$165,700 + $293,000

$458,700

2012

$4,390

$165,700 + $293,000

$458,700

Tax history for 16 Homestead Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,332 (+3.7%)

$396,600 + $535,900

$932,500

2024

$6,108 (+2.6%)

$396,600 + $535,900

$932,500

2023

$5,954 (+3.4%)

$264,300 + $375,200

$639,500

2022

$5,756 (+1.6%)

$264,300 + $375,200

$639,500

2021

$5,666 (+10.9%)

$264,300 + $375,200

$639,500

2020

$5,110 (+2.4%)

$185,000 + $302,600

$487,600

2019

$4,988 (+2.8%)

$185,000 + $302,600

$487,600

2018

$4,852 (+2.5%)

$185,000 + $302,600

$487,600

2017

$4,732 (+4.8%)

$178,500 + $269,600

$448,100

2016

$4,517 (+1.4%)

$178,500 + $269,600

$448,100

2015

$4,454 (−3.3%)

$178,500 + $269,600

$448,100

2014

$4,605 (+2.4%)

$165,700 + $293,000

$458,700

2013

$4,495 (+2.4%)

$165,700 + $293,000

$458,700

2012

$4,390

$165,700 + $293,000

$458,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,792 Sq. Ft.

Year renovated

2009

Sq. Ft.

2,430

Year built

2007

Style

Single Family Residential

County

Washington County

APN

597402

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Parking
Features: No Garage
# of Parking (Total): 6

Interior

Bathroom Information
# of Full Bathrooms: 3

Room Information
# of Rooms (Total): 8

Equipment
Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer

Interior Features
Furnished
Flooring: Hardwood
Other Features: Cathedral Ceiling(s), High Ceilings, Interior Steps, Stall Shower, Vaulted Ceiling(s), Furnished, Cable TV

Exterior

Building Information
Stories: 3
Stories (Total): 3
Construction Details: Drywall, Plaster, Vinyl Siding

Exterior Features
Exterior Features: Deck, Barbecue
Patio And Porch Features: Deck

Lot Information
Lot Size Area: 5,009.4
Lot Size Acres: 0.115
Waterfront Features: Walk to Water

Property Information
Has View
Above Grade Finished Area: 2,430
Foundation Details: Slab

Financial

Assessments and Fees
Assessed Value: $932,500

Tax Information
Annual Tax Amount: $6,331.68
Tax Year: 2025

Utilities

Utility Information
Utilities: Sewer Connected
Electric: Amps 200 Or More
Sewer: Connected, Public Sewer
Water Source: Connected

Heating & Cooling
Has Cooling
Cooling: One Unit
Has Heating
Heating: Baseboard, Oil

Location

Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts

Public facts

Beds: 6
Baths: 3.0
Sq. Ft.: 2,430
Stories: 2.0
Lot Size: 4,792 square feet
Style: Single Family Residential
Year Built: 2007
Year Renovated: 2009
County: Washington County
APN: 597402

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Narragansett Pier School

Public 5-8 • Assigned • 3.9mi

8/10

Narragansett High School

Public 9-12 • Assigned • 4.0mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 88° expected this year, 18 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Narragansett, RI • 02882

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.21M – $1.46M

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Nearby similar homes

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New listings for sale in 02882

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COMING SOON

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COMING SOON

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168 Colonel John Gardner Rd, Narragansett, RI 02882

OPEN TODAY, 12PM TO 2PM

$1,050,000

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26 Cypress Ave, Narragansett, RI 02882

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FOR SALE BY OWNER

$890,000

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711 Point Judith Rd, Narragansett, RI 02882

$698,500

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Home values near 16 Homestead Rd

Data from public records.

Address	Redfin Estimate
19 Homestead Rd, Narragansett, RI 3 Beds \| 2 Baths \| 768 Sq. Ft.	$523,190
10 Homestead Rd, Narragansett, RI 3 Beds \| 4 Baths \| 3192 Sq. Ft.	—

Address	Redfin Estimate
20 Homestead Rd, Narragansett, RI 2 Beds \| 1 Baths \| 770 Sq. Ft.	$672,693
12 Homestead Rd, Narragansett, RI 5 Beds \| 4 Baths \| 3000 Sq. Ft.	$1,461,113

Address	Redfin Estimate
14 Homestead Rd, Narragansett, RI 3 Beds \| 1 Baths \| 816 Sq. Ft.	$656,232
13 Homestead Rd, Narragansett, RI 5 Beds \| 3 Baths \| 2208 Sq. Ft.	$1,073,345

Property information provided by RIS when last listed in 2026. This data may not match . Learn more.

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