OFF MARKET

Off Market Mar 2020 for $355K

$691,471

•

1,485

sq ft

55 Terrace Ave, Westerly, RI 02891

About this home

Your beach house awaits! This low-maintenance, 3-bedroom home is located within walking distance to some of the area’s finest beaches and public access to Winnapaug Pond. Featuring an open floorplan, an eat-in-kitchen and generously sized rooms this is the perfect summer getaway! A small corner lot with a backyard patio and outdoor shower provide a fun outdoor space without a lot of upkeep. The Cove Road neighborhood is located in an out-of-the-way corner on beautiful Winnapaug Pond and it offers public access boating, swimming, clamming, fishing and every imaginable water sport right out your door. This home also includes deeded access to a beach path on Atlantic Avenue as seen in the photos. This close-knit community is distinctly laid back and friendly and it’s a perfect place for family vacations. Downtown Westerly features a variety of restaurants, theaters, art galleries, live music, shops, a state-of-the-art YMCA, an outdoor skating rink, a fabulous library and the acclaimed Wilcox Park. We also have our very own Amtrak station for quick access to NYC and Boston and Westerly Airport for regional air service.

Single-familyProperty Type

1956Year Built

3,485 sq ftLot Size

$466Est. Price/Sq.Ft.

4 spacesParking

Listed by Larry Burns • Lila Delman Compass

Bought with Sean Conroy • RE/MAX South County

Redfin checked: a minute ago

•Source:RIS #1243936

Redfin Estimate

$691,471

$336K since sold in March 2020$24K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.1% lower than the average sale price ($728K) of 6 comparable homes.

SOLD APR 20, 2026
$655,000
A
3 beds1 bath861 sq ft
46 Salt Pond Way, Westerly, RI 02891
SOLD APR 10, 2026
$615,000
B
3 beds1 bath1,368 sq ft
13 Plateau Rd, Westerly, RI 02891
SOLD JUL 13, 2026
$635,000
C
3 beds1 bath1,041 sq ft
189 Shore Rd, Westerly, RI 02891
SOLD NOV 14, 2025
$799,999
D
3 beds2 baths1,412 sq ft
288 Shore Rd, Westerly, RI 02891
SOLD JUL 17, 2026
$930,000
E
3 beds1.5 baths979 sq ft
11 Collins Ave, Westerly, RI 02891
SOLD MAR 2, 2026
$735,000
F
3 beds2 baths1,344 sq ft
26 Charlene Ave, Westerly, RI 02891

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

Earn from this home

Sell

$402,696

Est. take-home

List your home with Redfin and save $6,915

Rent

$2,318/mo

Redfin rental estimate

List your home for rent

Market trends in 02891, RI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

1.3% MoM

Median sale price

$735K

$110K MoM

Avg. days on market

25d

1 days MoM

Recently sold homes

6 MoM

New listings for sale

COMING SOON
$799,999
4 beds2.5 baths2,543 sq ft
19 C Sycamore Dr, Westerly, RI 02891
$6,950,000
4 beds4.5 baths3,867 sq ft
111 Avondale Rd, Westerly, RI 02891
$529,000
4 beds2 baths3,816 sq ft
160 160 Westerly Bradford Rd, Westerly, RI 02891
$549,900
2 beds1 bath1,789 sq ft
3 Pauline St, Westerly, RI 02891
$2,300,000
3 beds1.5 baths1,596 sq ft
12 Brightman Way, Westerly, RI 02891
$349,000
2 beds1 bath528 sq ft
88 Old Post Rd #6, Westerly, RI 02891
FOR SALE BY OWNER
$525,000
3 beds2 baths1,352 sq ft
30 Cosmo St, Westerly, RI 02891
$525,000
3 beds2 baths1,379 sq ft
39 Riverdale Rd, Westerly, RI 02891
$920,000
5 beds2.5 baths3,302 sq ft
11 Seabury Dr, Westerly, RI 02891
$289,900
2 beds1.5 baths907 sq ft
22 Apache Dr Unit B, Westerly, RI 02891
See all

Provided by Redfin

Sale history for 55 Terrace Ave

Date

Event

Price

RIS #1243936

Mar 23, 2020

Sold

$355,000

$239/sq ft

Mar 9, 2020

Pending

—

Feb 12, 2020

Contingent

—

Feb 11, 2020

Relisted

—

Feb 10, 2020

Contingent

—

Jan 10, 2020

Listed

$395,000

$266/sq ft

RIS #1237885

Dec 31, 2019

Listing Removed

—

Oct 2, 2019

Listed

$399,000

$269/sq ft

RIS #1215537

Oct 1, 2019

Listing Removed

—

Sep 12, 2019

Price Changed

$429,900

$289/sq ft

Feb 20, 2019

Listed

$439,900

$296/sq ft

RIS #450533

Mar 18, 2005

Sold

$395,000

$266/sq ft

Feb 12, 2005

Listing Removed

—

Oct 13, 2004

Listed

$409,000

$275/sq ft

RIS #441971

Sep 23, 2004

Listing Removed

—

Jun 24, 2004

Listed

$429,000

$289/sq ft

Smart MLS #E147760

Sep 23, 2004

Listing Removed

—

Jun 24, 2004

Listed

$429,000

$289/sq ft

RIS #610184

Nov 22, 1996

Listing Removed

—

May 24, 1996

Listed

$79,900

$54/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,813 (−3.2%)

$291,100 + $245,200

$536,300

2024

$3,938 (+2.0%)

$207,900 + $193,500

$401,400

2023

$3,861 (+0.6%)

$207,900 + $193,500

$401,400

2022

$3,837 (+5.7%)

$207,900 + $193,500

$401,400

2021

$3,629 (+1.9%)

$153,700 + $161,300

$315,000

2020

$3,563 (+1.0%)

$153,700 + $161,300

$315,000

2019

$3,528 (+4.2%)

$153,700 + $161,300

$315,000

2018

$3,385 (+2.5%)

$153,700 + $131,200

$284,900

2017

$3,302 (−0.8%)

$153,700 + $131,200

$284,900

2016

$3,328 (+5.5%)

$153,700 + $131,200

$284,900

2015

$3,154 (+1.7%)

$156,800 + $134,700

$291,500

2014

$3,102 (+1.1%)

$156,800 + $134,700

$291,500

2013

$3,069 (+0.9%)

$156,800 + $134,700

$291,500

2012

$3,042

$174,300 + $138,000

$312,300

Tax history for 55 Terrace Ave

Year

Property tax

Land + Additions

Assessment*

2025

$3,813 (−3.2%)

$291,100 + $245,200

$536,300

2024

$3,938 (+2.0%)

$207,900 + $193,500

$401,400

2023

$3,861 (+0.6%)

$207,900 + $193,500

$401,400

2022

$3,837 (+5.7%)

$207,900 + $193,500

$401,400

2021

$3,629 (+1.9%)

$153,700 + $161,300

$315,000

2020

$3,563 (+1.0%)

$153,700 + $161,300

$315,000

2019

$3,528 (+4.2%)

$153,700 + $161,300

$315,000

2018

$3,385 (+2.5%)

$153,700 + $131,200

$284,900

2017

$3,302 (−0.8%)

$153,700 + $131,200

$284,900

2016

$3,328 (+5.5%)

$153,700 + $131,200

$284,900

2015

$3,154 (+1.7%)

$156,800 + $134,700

$291,500

2014

$3,102 (+1.1%)

$156,800 + $134,700

$291,500

2013

$3,069 (+0.9%)

$156,800 + $134,700

$291,500

2012

$3,042

$174,300 + $138,000

$312,300

*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
Zoning

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

3,485 Sq. Ft.

Year renovated

—

Sq. Ft.

1,664

Year built

1956

Style

Single Family Residential

County

Washington County

APN

235830

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

HDR-10

High-Density Residential 10 District

High-Density Residential 10 Zoning Districts are intended primarily for areas of existing residential development. These zoning districts are designed for areas where existing densities are high, close to saturation, which include a variety of housing types. These areas are served by municipal water. Also except Misquamicut, they are served by municipal sewers

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Park & open space
Water related

Property details

Parking

Parking
Features: No Garage
# of Parking (Total): 4

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1

Room Information
# of Rooms (Total): 5

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Stone

Equipment
Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer

Interior Features
Accessibility Features: Accessible Doors
Flooring: Hardwood, Parquet, Vinyl
Other Features: Tub Shower, Cable TV, Wood Burning Stove

Exterior

Building Information
Stories: 2
Stories (Total): 2
Construction Details: Drywall, Vinyl Siding

Lot Information
Lot Size Area: 3,485
Lot Size Acres: 0.08
Lot Features: Corner Lot
Waterfront Features: Walk to Water
Frontage Length: 122
Zoning: R-10

Property Information
Above Grade Finished Area: 1,485
Foundation Details: Slab

Financial

Assessments and Fees
Assessed Value: $315,000

Tax Information
Annual Tax Amount: $3,528
Tax Year: 2019

Utilities

Utility Information
Electric: 100 Amp Service
Sewer: Septic Tank
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Forced Air, Oil

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,664
Stories: 2.0
Lot Size: 3,485 square feet
Style: Single Family Residential
Year Built: 1956
Year Renovated: —
County: Washington County
APN: 235830

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Dunn's Corners School

Public K-4 • Assigned • 0.6mi

6/10

Westerly Middle School

Public 5-8 • Assigned • 1.0mi

7/10

Westerly High School

Public 9-12 • Assigned • 3.5mi

7/10

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 89° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Westerly, RI • 02891

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

$657,000 – $796,000

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Nearby similar homes

$6,950,000

4 beds4.5 baths3,867 sq ft

111 Avondale Rd, Westerly, RI 02891

$3,900,000

5 beds6.5 baths4,260 sq ft

325 Post Rd, Westerly, RI 02891

$849,000

2 beds1 bath2,406 sq ft

263 Post Rd, Westerly, RI 02891

$2,650,000

3 beds2.5 baths3,319 sq ft

13 No Bottom Rdg, Westerly, RI 02891

$599,000

4 beds3 baths2,902 sq ft

11 Wadchu Rd, Westerly, RI 02891

$655,000

4 beds2.5 baths1,889 sq ft

10 Lofty Heights Rd, Westerly, RI 02891

New listings for sale in 02891

COMING SOON

$799,999

4 beds2.5 baths2,543 sq ft

19 C Sycamore Dr, Westerly, RI 02891

$6,950,000

4 beds4.5 baths3,867 sq ft

111 Avondale Rd, Westerly, RI 02891

$529,000

4 beds2 baths3,816 sq ft

160 160 Westerly Bradford Rd, Westerly, RI 02891

$549,900

2 beds1 bath1,789 sq ft

3 Pauline St, Westerly, RI 02891

$2,300,000

3 beds1.5 baths1,596 sq ft

12 Brightman Way, Westerly, RI 02891

$349,000

2 beds1 bath528 sq ft

88 Old Post Rd #6, Westerly, RI 02891

FOR SALE BY OWNER

$525,000

3 beds2 baths1,352 sq ft

30 Cosmo St, Westerly, RI 02891

$525,000

3 beds2 baths1,379 sq ft

39 Riverdale Rd, Westerly, RI 02891

$920,000

5 beds2.5 baths3,302 sq ft

11 Seabury Dr, Westerly, RI 02891

Home values near 55 Terrace Ave

Data from public records.

Address	Redfin Estimate
53 Terrace Avenue, Westerly, RI 2 Beds \| 1 Baths \| 825 Sq. Ft.	$457,661
51 Terrace Avenue, Westerly, RI 3 Beds \| 2.5 Baths \| 2499 Sq. Ft.	$947,244

Address	Redfin Estimate
54 Terrace Avenue, Westerly, RI 3 Beds \| 1.5 Baths \| 1500 Sq. Ft.	$692,853
47 Terrace Avenue, Westerly, RI 3 Beds \| 3 Baths \| 1942 Sq. Ft.	$1,404,991

Address	Redfin Estimate
52 Terrace Avenue, Westerly, RI 2 Beds \| 1 Baths \| 720 Sq. Ft.	$457,735
52 Terrace Avenue, Westerly, RI 2 Beds \| 1 Baths \| 720 Sq. Ft.	$439,180

Property information provided by RIS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02891, RI

Sale history for 55 Terrace Ave

Tax history for 55 Terrace Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02891

Home values near 55 Terrace Ave

More real estate resources