This home's estimate is 15.8% lower than the average sale price ($355K) of 6 comparable homes.
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50 Lane 2, Warwick, RI 02888
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About this home
Salt air rising up off Narragansett Bay envelops this sun drenched yard which has been meticulously cared for by the same homeowners for the previous 48 years. Welcome to your new 1 level beach cottage located in desirable Gaspee Point. Situated just a 3 minute walk from the beach entrance, this beautifully manicured and completely fenced in oversized yard surrounds a charming home, ideal for first time homebuyers or downsizers. Property highlights include a newer roof, recent foundation work, connection to the sewers with no assessment, and 3 exterior sheds. Come experience why Gaspee Point is one of Rhode Island's best kept secrets. Deadline for offers is Wednesday, June 17th at 5:00 PM. Thank you.
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Market trends in 02888, RI
Last updated October 2026
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Est. $1,798 per month, based on comparable rentals
Sale and tax history for 50 Lane 2
- Sale History
- Tax History
$271/sq ft
$256/sq ft
Public record
Property details
Parking
- Parking
- Features: No Garage
- # of Parking (Total): 3
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 1
- Room Information
- # of Rooms (Total): 4
- Has Basement
- Basement Information: Partial, Unfinished
- Room 1 Information
- Kitchen
- Level: First
- Room 2 Information
- Bathroom
- Level: First
- Room 3 Information
- Foyer
- Level: First
- Room 4 Information
- Family Room
- Level: First
- Room 5 Information
- Kitchen
- Features: Eat-in Kitchen
- Level: First
- Room 6 Information
- Dining Room
- Level: First
- Room 7 Information
- Bedroom
- Level: First
- Equipment
- Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
- Interior Features
- Flooring: Laminate, Vinyl
- Other Features: Attic, Storage, Stall Shower
Exterior
- Building Information
- Stories: 1
- Stories (Total): 1
- Construction Details: Drywall, Wood Siding
- Exterior Features
- Exterior Features: Paved Driveway, TV Antenna
- Fencing: Fenced
- Lot Information
- Lot Size Area: 15,000
- Lot Size Acres: 0.3444
- Waterfront Features: Beach Access, Water Access, Walk to Water
- Frontage Length: 150
- Frontage Length Remarks: 150
- Property Information
- Above Grade Finished Area: 776
- Foundation Details: Concrete Perimeter
Financial
- Assessments and Fees
- Assessed Value: $191,300
- Tax Information
- Annual Tax Amount: $2,430
- Tax Year: 2025
- Land Lease Information
- Has Land Lease
Utilities
- Utility Information
- Utilities: Sewer Connected
- Electric: Amps 200 Or More
- Sewer: Connected
- Water Source: Connected, Public
- Heating & Cooling
- Has Cooling
- Cooling: Window Unit(s)
- Has Heating
- Heating: Gas, Space Heater
Location
- HOA Information
- Association Fee: $475
- Monthly
- Community Information
- Community Features: Near Schools, Pool, Recreation Area, Restaurant, Shopping
Public facts
- Beds: 1
- Baths: 1.0
- Sq. Ft.: 776
- Stories: 1.0
- Lot Size: —
- Style: Single Family Residential
- Year Built: 1925
- Year Renovated: —
- County: Kent County
- APN: 654644
Around this home
Schools
Public K-5 • Assigned • 1.5mi
Public 6-8 • Assigned • 3.0mi
Public 9-12 • Assigned • 1.5mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 96° expected this year, 15 days in 30 years
74% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Very good sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 02888
Home values near 50 Lane 2
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1138 Sq. Ft. | $439,172 |
2 Beds | 1 Baths | 768 Sq. Ft. | $321,823 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 640 Sq. Ft. | $219,946 |
1 Beds | 1 Baths | 768 Sq. Ft. | $234,620 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 720 Sq. Ft. | $254,963 |
1 Beds | 1 Baths | 680 Sq. Ft. | $276,304 |
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