2 Elm Street Westerly, RI $ 885,000
2 Elm Street
$ 885,000
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2 Elm Street

Westerly, RI, 02891
$ 885,000
Bedrooms4 Baths1.1 Sq 3,712

Monthly Estimate*

$ 5,588

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Single Family Home for sale in Westerly, RI

for $885,000 with 4 bedrooms and 1 full bath, 1 half bath. This 3,712 square foot home was built in 1860 on a lot size of 0.46.

THE CROWN JEWEL! 2 Elm Street, Westerly, RI. The most majestic property in Beautiful Downtown Westerly is ready to take on its' next life. Looking down from its' perch at the top of Broad Street, she presides over Town. This will once again be the grand Lady it has been in the past. This opportunity is one of a kind, and can be taken advantage of for a variety of potential usages. A single family residence, a rental property, an Inn, a multi-unit property, or an extension of any high end real estate portfolio. Sitting directly next door to the Granite Theatre, you are a stones throw to gorgeous Wilcox Park, and all that Downtown Westerly has to offer. Fine dining, lively Pubs, and beautiful shops abound. Take a stroll to the river or through the Park. Enjoy mornings with coffee and conversation, and happy hour evenings leading to wonderful dinners downtown. Envision the grand front lawn with a western facing patio, complete with fire pits and gorgeous sitting areas looking over beautiful Downtown Westerly. This restoration is HGTV worthy! The seller is willing to partner with the right group that sees the unreal potential here, or to step aside and allow the next owner to complete their own vision. Public water and sewer are in place, along with natural gas. The lot should be able to sustain an ADU (another 2BR unit) and garage expansion in the rear!! There will never be another 2 Elm Street to duplicate this opportunity for a Downtown HOME or business opportunity!!

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Single Family Active

Price

$ 885,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 4,900

Style

Lot Size

0.46

Year Built

1860

Town/City

Westerly

County/Region

Washington

MLS | Web ID

1410935

Features
General
Sewer Public Sewer
Heating Baseboard Gas Oil Steam
Cooling None
Possession Negotiable
Garage Spaces 0
Construction Materials Plaster Clapboard
Year Built 1860
Electric 100 Amp Service
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features River Front Walk to Water
Community Features Highway Access Marina Near Hospital Near Schools Restaurant Shopping Sidewalks
County Washington
New Construction false
Property Type Residential
Subdivision Name Downtown
Garage Y/N false
Total Rooms 10
Full Baths 1
Status Active
City Westerly
Green Location Public Transportation Walkability
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 20038
Land Lease Y/N false
Tax Annual Amount 4900
Standard Status Active
Tax Assessed Value 629800
Tax Lot 79
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Bathtub Tub Shower
Basement Full Unfinished
Flooring Hardwood
Total Fireplaces 2
Fireplace Features Marble
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
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Exterior
Parking Features No Garage
Water Source Public
Total Parking 10
Lot Size Area 20038
Foundation Details Combination Stone
Building Area Total 3712
Lot Size Acres 0.46
Covered Spaces 0
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* Excluded Features
List By
Re/Max Right Choice

Broker

kurt@kurtpotter.com

Email

Affordability Calculator

$5,996
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
$408
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/30/2026$885,000 Listed Price

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2 Elm Street, Westerly, RI, 02891 is a Single Family Home for sale at $885,000 with 3,712 sqft and a lot size of 0.46. 2 Elm Street has 4 bedrooms, 1.1 baths, and was built in 1860. The property's zip code is 02891 which is in Westerly, RI