497 Atlantic Avenue Westerly, RI $ 2,200,000
497 Atlantic Avenue
$ 2,200,000
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497 Atlantic Avenue

Westerly, RI, 02891
$ 2,200,000
Bedrooms4 Baths2.0 Sq 1,700

Monthly Estimate*

$ 13,546

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Single Family Home for sale in Westerly, RI

for $2,200,000 with 4 bedrooms and 2 full baths. This 1,700 square foot home was built in 1957 on a lot size of 0.42.

MISQUAMICUT BEACH cottage set on 0.42 acres, currently configured as a two-family beachfront property. A great opportunity to create your own coastal retreat in a prime location. This home has been cherished by the same family for many years and has also functioned as a successful rental, with bookings in place for the 2026 summer season. The main level features a spacious deck, ideal for relaxing or casual outdoor dining after a day at the beach. Inside, you'll find two bedrooms, one full bath, and a living room with a large window overlooking the ocean, with views stretching toward Block Island. The walkout lower level includes two additional bedrooms, a full bath, kitchen, and family room, offering flexible space for guests or extended stays. Use this as a canvas to create your own beachfront escape and enjoy this well-loved location for years to come.

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Single Family Active

Price

$ 2,200,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 12,777

Style

Lot Size

0.42

Year Built

1957

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1411646

Features
General
Sewer Septic Tank
Heating None
Cooling Window Unit(s)
Possession Close Plus 45 to 90 Days
Garage Spaces 0
Patio/Porch Features Deck
Construction Materials Shingle Siding
Year Built 1957
Electric Circuit Breakers
View Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Ocean Front Walk to Water Waterfront
Community Features Golf Marina
County Washington
New Construction false
Property Type Residential
Subdivision Name MISQUAMICUT BEACHFRONT
Garage Y/N false
Total Rooms 6
Full Baths 2
Status Active
City Westerly
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 18295
Land Lease Y/N false
Tax Annual Amount 12777
Property Condition Fixer
Virtual Tour https://tour.RiLiving.com/497-Atlantic-Avenue-Westerly-RI-02891
Standard Status Active
Tax Assessed Value 1797100
Tax Lot 24
Property Sub Type Additional Single Family Residence
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Interior
Basement Full Partially Finished Walk-Out Access
Flooring Other Vinyl
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N false
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 720
Total Baths 2
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Exterior
Exterior Amenities Deck
Parking Features No Garage
Lot Features Waterfront
Water Source Connected
Total Parking 8
Lot Size Area 18295
Foundation Details Concrete Perimeter
Building Area Total 1700
Lot Size Acres 0.42
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Lila Delman Compass

Broker

lori.joyal@liladelman.com

Email

Affordability Calculator

$14,611
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$1,065
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$2,200,000 Listed Price

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497 Atlantic Avenue, Westerly, RI, 02891 is a Single Family Home for sale at $2,200,000 with 1,700 sqft and a lot size of 0.42. 497 Atlantic Avenue has 4 bedrooms, 2.0 baths, and was built in 1957. The property's zip code is 02891 which is in Westerly, RI