What $350K Buys In South County’s Real Estate Market
NARRAGANSETT-SOUTH KINGSTOWN, RI — Rhode Island’s real estate market has been red-hot in Rhode Island for years, with low inventory pushing the average price for single-family homes higher with each passing month.
The most recent report from the Rhode Island Association of Realtors showed an average price of $368,000 for a single family home, though prices tend to climb along the state’s bountiful coast.
One of the few listings below the average price in Narragansett or South Kingstown is not a house at all, rather a buildable lot just steps from the water.
Listing Description: BUILDABLE LOT! A unique offering with over one acre of land to build your dream home in the picturesque Southern end of Narragansett. Beautiful ocean views and within walking distance to Sand Hill Cove/Roger Wheeler beach, this is the perfect place to build a family vacation retreat or year-round residence. Situated on the corner of Pt. Judith Rd. and Green Meadow Drive with town water, gas and sewer hookup available. Ideally located in the heart of Point Judith where you can walk to great restaurants like Spain, Chair 5 and the well-known seafood spots Aunt Carries and Iggy’s. Minutes to Narragansett’s marinas, Pt. Judith Lighthouse, fine restaurants, Block Island Ferry & Narragansett’s most coveted white sandy beaches. Narragansett is a favorite summer destination and is conveniently located just 35 miles south of Providence, 90 minutes from Logan International Airport in Boston and 3 hours from Manhattan. (Town issued approvals to build which have since expired)
Listed by: Nicole HARDING, Lila Delman Compass