2 Elm St

Westerly, RI 02891

$885,000
Price
4
Beds
3,712 Sq. Ft.
$238 / Sq. Ft.
3,712
Sq. Ft.
$238
per Sq. Ft.
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New
New
The CROWN JEWEL!
This WILL BE the most recognizable and prestigious home in Downtown Westerly!

Description

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...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!
  1. Listed by Kurt Potter • Brokerage DRE #REB.0018786 • RE/MAX Right Choice
    P: (860)-604-5348 kurt@kurtpotter.com

Property Details for 2 Elm Street

Subdivision Name
Downtown
Architectural Style
Colonial
Waterfront Features
River Front, Walk To Water
LISTING UPDATED: 06/30/2026 11:08 AM

Property Details for 2 Elm Street

StatusActive
MLS #1410935
Days on Market1
Taxes$4,900 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1860
Lot Size0.46 AC / 20,038 SF
CountyWashington County
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Location

Listing Courtesy of RE/MAX Right Choice
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Building Information for 2 Elm Street

Stories3Year Built1860Building Size-Lot Size0.46 AC / 20,038 SF

Payment Calculator

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$4,818 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,410

Property Taxes

$408

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2 Elm Street

Summary
Location and General Information
  • City: Westerly
  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Restaurant, Shopping, Sidewalks
  • Postal City: Westerly
  • Postal Code: 02891
  • Postal Code Plus4: 2126
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 10
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $4,900.00
  • Tax Assessed Value: 629800
  • Tax Lot: 79
  • Tax Map Number: 66
  • Tax Year: 2025
Property
Green Features
  • Green Location: Public Transportation, Walkability
Lot Information
  • Above Grade Fin SQFT: 3712.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 3712.0
  • Living Area: 3,712.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.46
  • Lot Size Area: 20038.0
  • Lot Size Square Feet: 20038.0
  • Lot Size Units: Square Feet
  • Parcel Number: 2ELMSTWEST
  • Stories: 3
  • Stories Total: 3
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1860
  • C L I P: 2,200,873,960
Utilities
  • Electric: Amps100
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Approach With Ramp
  • Foundation Details: Combination, Stone
Interior Features
  • Appliances: Water Heater
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: Marble
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Hardwood
  • Heating: Baseboard, Gas, Oil, Steam
  • Heating Y N: Yes
  • Interior Features: Bathtub, Tub Shower
  • Levels: Three Or More
  • Rooms Total: 10
Rental
Rental Information
  • Land Lease Y N: No
  • Listing Terms: Exchange1031, Investor Financing, Trade

Property History for 2 Elm Street

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1410935

$885,000—
Apr 11, 2025

Sold

Rhode Island Association of REALTORS® #1377791

$530,000—
Mar 17, 2025

Contract Signed

Rhode Island Association of REALTORS® #1377791

—
DateEvent & SourcePrice
06/30/2026

Listed (Active)

Rhode Island Association of REALTORS® #1410935

$885,000
04/11/2025

Sold

Rhode Island Association of REALTORS® #1377791

$530,000
03/17/2025

Contract Signed

Rhode Island Association of REALTORS® #1377791

—

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

Public Records for 2 Elm Street

Taxable ValueLand$219,000Additions$410,800Total$629,800
Tax Record2025$4,900 ($408 / month)
Home Facts
Baths1.5Total Finished SqFt3,712 SqFtAbove Grade Finished SqFt3,712 SqFtStories3Lot Size20,227 SqFtStyleMiscellaneous CommercialYear Built1860CountyWASHINGTONAPNWEST M:66 B:79

Schools near 2 Elm Street

This home is within Westerly School District.
Rating
School
Type
Grades
Distance
State Street School
Public - K to 4
Westerly Middle School
Public - 5 to 8
Westerly High School
Public - 9 to 12
Springbrook Elementary School
Public - K to 4
Rating
School
Distance
State Street School
PublicK to 4

Westerly Middle School
Public5 to 8

Westerly High School
Public9 to 12

Springbrook Elementary School
PublicK to 4

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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More information about 2 Elm Street, Westerly, RI 02891

2 Elm Street is a single family home for sale in Westerly, RI 02891. This listing's school district is Westerly School District. Nearby schools include State Street School, Westerly Middle School and Westerly High School. 2 Elm Street is a 4-bed, 2-bath, 3,712 sqft single family home built in 1860.

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 RE/MAX Right Choice

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.