Last Sold Price
3 beds1,904 sqft$1,297/sqft
121 Ocean Rd, Narragansett, RI 02882

Description

Once in a generation opportunity to own one of only 9 single family houses on Ocean Road in between Narragansett Beach and the end of the Sea Wall. Superyacht views from the ground in three directions in perpetuity. Located in the heart of Narragansett Pier, the epicenter of walking and water amenities, and moments away from one of the best beaches in New England, elevated seaside dining, bike paths, wildlife refuges, a whole charming coastal town to explore. Additional amenities include an expansive...Once in a generation opportunity to own one of only 9 single family houses on Ocean Road in between Narragansett Beach and the end of the Sea Wall. Superyacht views from the ground in three directions in perpetuity. Located in the heart of Narragansett Pier, the epicenter of walking and water amenities, and moments away from one of the best beaches in New England, elevated seaside dining, bike paths, wildlife refuges, a whole charming coastal town to explore. Additional amenities include an expansive front lawn, a privacy hedgerow, an oversized front deck that rivals the views and seating capacity of most waterfront restaurants, and an ideally placed footprint which encourages expansion. The 3 bedroom 2 full bath home enjoys unobstructed ocean-framed views of the towers, Narragansett Beach, Beavertail light house, Newport bridge and even gilded age mansions on a clear day.
LISTING CLOSED: 11/26/2024 12:00 AM

  1. Listed by Gregory Arakelian • Brokerage DRE #REB.0019349 • Lila Delman Compass
    P: (401) 954-5703 Gregory.Arakelian@LilaDelman.com

Property Details for 121 Ocean Road

Status
MLS #
1370720
Days on Market
23
Taxes
$16,999 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1996
Lot Size
0.27 AC / 11,761 SF
Subdivision Name
Narragansett Pier / Ocean Road
Architectural Style
Contemporary
Waterfront Y N
Yes
Waterfront Features
Beach Access, Beach Front, Ocean Front, Walk To Water, Waterfront
View
Saltwater, Water

Recent comparable sales

Median sold price

$1,475,000

Avg days on market

88

Sale-to-list ratio

87.0%

Narragansett, RI

9 comparable properties found

$1,050,000 | 54 Othmar Street, Narragansett, RI 02882
1/36
1

$1,050,000

Sold 03/31/26

3
Bedrooms
1,991
Square Feet
0.23
Acres
$2,000,000 | 30 Pocono Road, Narragansett, RI 02882
1/47
2

$2,000,000

Sold 11/14/25

3
Bedrooms
2,052
Square Feet
0.37
Acres
$2,100,000 | 16 Dunes Road, Narragansett, RI 02882
1/51
3

$2,100,000

Sold 09/16/24

3
Bedrooms
2,007
Square Feet
0.15
Acres
$2,275,000 | 228 Bonnet Point Road, Narragansett, RI 02882
1/41
4

$2,275,000

Sold 07/30/26

3
Bedrooms
1,695
Square Feet
0.33
Acres
$750,000 | 1 Alexander Drive, Narragansett, RI 02882
1/42
5

$750,000

Sold 07/12/25

3
Bedrooms
1,857
Square Feet
0.31
Acres
$1,500,000 | 14 S Trail, Narragansett, RI 02882
1/43
6

$1,500,000

Sold 05/29/26

3
Bedrooms
1,909
Square Feet
0.42
Acres
$2,700,000 | 430 Ocean Road, Narragansett, RI 02882
1/44
7

$2,700,000

Sold 04/30/25

3
Bedrooms
3,409
Square Feet
1.00
Acres
$750,000 | 285 Kingstown Road, Narragansett, RI 02882
1/38
8

$750,000

Sold 10/17/25

3
Bedrooms
1,932
Square Feet
0.23
Acres
$1,475,000 | 64 Starr Drive, Narragansett, RI 02882
1/44
9

$1,475,000

Sold 09/29/25

3
Bedrooms
2,216
Square Feet
0.77
Acres

Location

Listing Courtesy of Lila Delman Compass

Sold By William Raveis Inspire

Add your commute

Building Information for 121 Ocean Road

Stories2Year Built1996Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$13,971 per month

30 year fixed, 6.55% Interest

Principal and Interest

$12,555

Property Taxes

$1,417

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 121 Ocean Road

Summary
Location and General Information
  • City: Narragansett
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Courts
  • Postal City: Narragansett
  • Postal Code: 02882
  • Postal Code Plus4: 1325
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Attached, Built In, Garage
  • Parking Total: 7
Taxes and HOA Information
  • Tax Annual Amount: $16,999.00
  • Tax Assessed Value: 1825900
  • Tax Lot: 196-1
  • Tax Map Number: D
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 1904.0
  • Building Area Total: 1904.0
  • Frontage Length: 243
  • Living Area: 1,904.00
  • Living Area Source: Public Records
  • Lot Features: Corner Lot, Waterfront
  • Lot Size Acres: 0.27
  • Lot Size Area: 11761.0
  • Lot Size Square Feet: 11761.0
  • Lot Size Units: Square Feet
  • Parcel Number: 121OCEANRDNARR
  • Stories: 2
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1996
  • C L I P: 5,166,671,900
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Other
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Oil Water Heater
  • Basement: Crawl Space
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Fireplace Features: Stone
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Oil
  • Heating Y N: Yes
  • Levels: Two
  • Rooms Total: 5
Rental
Rental Information
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • Land Lease Y N: No

Property History for 121 Ocean Road

DateEvent & SourcePriceAppreciation
Nov 26, 2024

Sold

Rhode Island Association of REALTORS® #1370720

$2,470,000
Nov 22, 2024

Sold (Public Record)

Public Record #1545921640

$2,470,000
Nov 2, 2024

Contract Signed

Rhode Island Association of REALTORS® #1370720

DateEvent & SourcePrice
11/26/2024

Sold

Rhode Island Association of REALTORS® #1370720

$2,470,000
11/22/2024

Sold (Public Record)

Public Record #1545921640

$2,470,000
11/02/2024

Contract Signed

Rhode Island Association of REALTORS® #1370720

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 121 Ocean Road

Taxable ValueLand$1,327,900Additions$498,000Total$1,825,900
Tax Record2025$12,398 ($1,033 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,904 SqFtAbove Grade Finished SqFt1,904 SqFtStories2Lot Size11,752 SqFtStyleSingle Family ResidenceYear Built1996Year Renovated2004ZoningR-10CountyWASHINGTONAPNNARR M:D B:196 L:1

Schools near 121 Ocean Road

This home is within Narragansett School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Narragansett Elementary School
PublicPK to 4

Narragansett Pier School
Public5 to 8

Narragansett High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 121 Ocean Road, Narragansett, RI 02882
$2,470,000
3
1,904
11,761
$1,096,250
4
2,272
5,053
$583,928
36,299
$475,000
3
1,085
4,792
$1,240,000
4
2,862
16,553
401

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lila Delman Compass

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.