CCertihomes
383 Ocean, Narragansett, RI 02882

$3,895,000

5 beds 8 baths 4,512 sqft Built 2004Active

About this home

Exceptional opportunity to enjoy this one of a kind coastal retreat in the heart of the coveted estate section of Ocean Road. This private compound, with an impressive stone and gated entry, offers tranquility and lovely views of Narragansett's iconic coastline. Ideally sited on over 2 acres of lavishly landscaping, this gracious residence encompasses 4, 500+ square feet of casual elegance combined with all the requirements of modern living. An open and inviting floor plan features oversized rooms, hardwood floors, gourmet kitchen, casual and formal dining areas, multiple entertainment rooms, oversized windows and several fireplaces. The amenities of this stunning home are extensive including an elevator, state of the art theatre, gym, spa room, central air conditioning, generator, and so much more! This estate also incorporates stunning grounds and outdoor living spaces with a gunite pool, spa, pool house, gazebo, stone fireplace & outdoor kitchen area. All this yet minutes to Narragansett's beautiful beaches, waterfront, restaurants, shops & activities and a short drive to the other popular coastal towns of Newport, Watch Hill, Wickford and Jamestown.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$25,957/mo

Real estate (PITI + HOA + PMI)
$26,218
Principal + interest$17,666
Property tax + insurance$7,091
PMI / 2nd mortgage$1,461
Utilities
$1,938
Heating + cooling$816
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$136
Car insurance + maintenance$136
Other (entertainment)
$140
$25,957/mo TLC
Budget$26,457/mo
Remaining after TLC$500/mo
Purchase price
$3,895,000
Down payment
$194,750 (5%)
Loan amount
$3,700,250
APR
4%

Quick facts

Type
Residential
Style
Colonial
Year built
2004
Lot size
2.18 ac
Stories
0
Heating
Oil, Central Air, Forced Air
Cooling
Central Air
Water
Connected
HOA
Annual tax
$41,214
MLS #
1357790
County
Washington

At a glance

Air conditioning
Fireplace
Basement
Pool
Garage (3)
Dishwasher
Balcony

Home features

Appliances
DishwasherDryerExhaust FanRange HoodOven/RangeRefrigeratorWasher
Interior
Attic StorageCathedral CeilingsStairsWalls: Dry WallPlumbing: MixedInsulation: CeilingFloorsWalls
Exterior
BalconyDeckPatio
Parking
AttachedGarage Door Opener
Pool
In Ground
Fireplace
GasMarble
Flooring
Ceramic Tile, Hardwood
Sewer
Septic Tank

Lot features

Local Historic District, Fenced, Out Building, Paved Driveway, Security, Sprinklers

Neighborhood — 02882

MetricThis ZIPCountyUSA
Population13,0091,095,423299,088,112
Population Change Since199015.00%9.00%20.00%
Population Density863994
Male6,286529,266147,432,321
Female6,723566,157151,655,844
Never Married4,397266,40463,775,926
Married4,987435,678123,120,365
Separated17943,64212,639,686
Widowed59866,66815,467,586
Divorced1,28783,84323,075,029
Number Of House Hold5,017410,399111,826,380
Average House Hold Size2.592.562.60
Medial Age35.2037.2735.46
Median House Hold Income$54,698$47,553$48,276
Average House Hold Income$71,904$61,609$63,629
P C I$27,842$23,965$24,529
M D I$45,810$40,634$41,133
A T H E$56,033$49,940$50,898
S T R7.00%7.00%
W C J78.40%78.02%77.74%
(Zip) Code
2882

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 4/28/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

383 Ocean · Narragansett — $3,895,000 · Certihomes