38 Bay St, Unit W201/202

$5,000,000
Last Sold Price
3,524 Sq. Ft.
$1,419 / Sq. Ft.
3,524
Sq. Ft.
$1,419
per Sq. Ft.

Description

WATCH HILL LUXURY STYLE LIVING ONE OF A KIND A majestic (4) bedroom, (4 1/2) bath luxury 3,547asf condominium located in the heart of the Historic Village of Watch Hill, R. I., is perhaps the largest condo offering in this exclusive community. Formerly the ballroom of the historic "Watch Hill Inn" building, (originally landmarked as the Narraganset Inn" built in 1845), was totally reconfigured and rebranded by former New York Architect, Peter J. Catalano for his wife and well know singer, Dana Valery,...WATCH HILL LUXURY STYLE LIVING ONE OF A KIND A majestic (4) bedroom, (4 1/2) bath luxury 3,547asf condominium located in the heart of the Historic Village of Watch Hill, R. I., is perhaps the largest condo offering in this exclusive community. Formerly the ballroom of the historic "Watch Hill Inn" building, (originally landmarked as the Narraganset Inn" built in 1845), was totally reconfigured and rebranded by former New York Architect, Peter J. Catalano for his wife and well know singer, Dana Valery, who purchased the Narragansett Inn in December 1985, and in 2006 totally rebuilt and converted the building to residential units. Currently marketed as "The Admiral Suite , the unit overlooks Little Narraganset Bay, the Connecticut coastline, and New York's Fisher Island, from its 30' wide front deck with unobstructed spectacular sunset water views. The beautifully appointed 40x30 Great Room with high ceilings is separated by two back to back gas fired fireplaces with hand carved wood paneling as a focal point surrounded by 270 degree views of the skyline and ocean. The open Viking appliance kitchen is ideal for the cuisine aficionados. An optional Rental Program offers amenities at the Ocean House Resort Hotel a Relais & Chateaux property. Included: private Ocean beach access, gym, spa, beach dining, crochet court, and much more. Car service between the sister properties, Amtrak Station, and Westerly Airport. Walk to one of the (3) beaches. Assigned parking spaces (4)
  1. Listed by Peter Catalano • Brokerage DRE #REB.0017173 • WATCH HILL PROPERTIES
    P: (401)-315-5454 info@watchhillproperties.com

Property Details for 38 Bay Street, Unit W201/202

Subdivision Name
Watch hill Village
Building Name
Watch Hill Inn
Waterfront Features
Water Access, Walk To Water
View
Saltwater, Water
Furnished
Furnished
Pets Allowed
Yes
LISTING UPDATED: 11/12/2025 08:44 AM

Property Details for 38 Bay Street, Unit W201/202

StatusClosed
MLS #1384525
Days on Market151
Taxes$33,434 / year
HOA Fees$2,268 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1845
CountyWashington County

Location

Listing Courtesy of WATCH HILL PROPERTIES

Sold By Residential Properties Ltd.

Add your commute

Building Information for 38 Bay Street, Unit W201/202

Building/ComplexWatch Hill InnFloor2Stories5Residences11Pet PolicyAllowedPet Policy DetailsYesYear Built1845

Payment Calculator

$29,423 per month

30 year fixed, 6.15% Interest

Principal and Interest

$24,369

Property Taxes

$2,786

HOA Dues

$2,268

The Payment Calculator is for illustrative purposes only.

Property Information for 38 Bay Street, Unit W201/202

Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Westerly
  • Postal Code: 02891
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: SCWH
  • Human Modified Y N: Yes
Location and General Infromation
  • Complex Name: Watch Hill Inn
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: Assigned, No Garage
  • Parking Total: 3
Taxes and HOA Information
  • Association Fee: $2,268.45
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Gas, Hot Water, Maintenance Grounds, Parking, Sewer, Snow Removal, Trash, Water
  • Tax Annual Amount: $33,434.07
  • Tax Assessed Value: 3658300
  • Tax Lot: 101
  • Tax Map Number: 179
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 3524.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 3524.0
  • Living Area: 3,524.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.4591
  • Lot Size Area: 20000.0
  • Lot Size Square Feet: 20000.0
  • Lot Size Units: Square Feet
  • Parcel Number: 38BAYSTW201/202WEST
  • Stories: 5
  • Stories Total: 5
  • Property Sub Type Additional: Condominium
Property and Assessments
  • Buyer Financing: Cash
  • Entry Level: 2
  • Entry Location: Private Entry,Second Floor Access
  • New Construction Y N: No
  • Number Of Units In Community: 11
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1845
  • C L I P: 1,379,622,188
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected, Septic Tank
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public, Water Tap Fee
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Deck, Paved Driveway
  • Fencing: Security
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Common Water Heater, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Cooling: Heat Pump, Wall Units, Central Air
  • Cooling Y N: Yes
  • Fireplace Features: Gas
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Baseboard, Central, Electric, Forced Air, Gas, Heat Pump, Zoned
  • Heating Y N: Yes
  • Interior Features: Wet Bar, Tub Shower, Furnished, Jetted Tub, Cable Tv
  • Laundry Features: In Unit
  • Levels: One
  • Patio And Porch Features: Balcony, Deck
  • Rooms Total: 7
  • Spa Y N: Yes
  • Window Features: Thermal Windows
Room 1
  • Room Type 1: Kitchen
  • Room Features 1: Granite Counters, Kitchen Island, Sound System, Track Lighting, Wired For Sound, Eat In Kitchen
  • Room Level 1: First
Room 2
  • Room Type 2: Half Bath
  • Room Level 2: First
Room 3
  • Room Type 3: Bathroom
  • Room Level 3: First
Room 4
  • Room Type 4: Bedroom 4
  • Room Level 4: First
Room 5
  • Room Type 5: Bedroom 3
  • Room Level 5: First
Room 6
  • Room Type 6: Bedroom 2
  • Room Level 6: First
Room 7
  • Room Type 7: Primary Bedroom
  • Room Level 7: First
Room 8
  • Room Type 8: Foyer
  • Room Level 8: First
Room 9
  • Room Type 9: Kitchen
  • Room Features 9: Eat In Kitchen
  • Room Level 9: First
Room 10
  • Room Type 10: Dining Room
  • Room Level 10: First
Room 11
  • Room Type 11: Living Room
  • Room Level 11: First
Room 30
  • Room List: Kitchen, Half Bath, Bathroom, Bedroom 4, Bedroom 3, Bedroom 2, Primary Bedroom, Foyer, Dining Room, Living Room

Property History for 38 Bay Street, Unit W201/202

DateEvent & SourcePriceAppreciation
Nov 10, 2025

Sold

Rhode Island Association of REALTORS® #1384525

$5,500,000
Nov 10, 2025

Sold

Rhode Island Association of REALTORS® #1384525

$5,000,000
Oct 9, 2025

Contract Signed

Rhode Island Association of REALTORS® #1384525

May 11, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1384525

$5,995,000
Nov 3, 2023

Permanently Off Market

Rhode Island Association of REALTORS® #1339168

Jul 10, 2023

Listed (Active)

Rhode Island Association of REALTORS® #1339168

$5,995,000
Oct 24, 2022

Permanently Off Market

Rhode Island Association of REALTORS® #1317509

Aug 9, 2022

Listed (Active)

Rhode Island Association of REALTORS® #1317509

$5,995,000
Apr 23, 2022

Temporarily Off Market

Rhode Island Association of REALTORS® #1296965

Oct 23, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1296965

$5,995,000
Aug 22, 2021

Temporarily Off Market

Rhode Island Association of REALTORS® #1275847

Feb 22, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1275847

$6,500,000
Jan 28, 2021

Temporarily Off Market

Rhode Island Association of REALTORS® #1260058

Jul 28, 2020

Listed (Active)

Rhode Island Association of REALTORS® #1260058

$4,999,500
DateEvent & SourcePrice
11/10/2025

Sold

Rhode Island Association of REALTORS® #1384525

$5,500,000
11/10/2025

Sold

Rhode Island Association of REALTORS® #1384525

$5,000,000
10/09/2025

Contract Signed

Rhode Island Association of REALTORS® #1384525

05/11/2025

Listed (Active)

Rhode Island Association of REALTORS® #1384525

$5,995,000
11/03/2023

Permanently Off Market

Rhode Island Association of REALTORS® #1339168

07/10/2023

Listed (Active)

Rhode Island Association of REALTORS® #1339168

$5,995,000
10/24/2022

Permanently Off Market

Rhode Island Association of REALTORS® #1317509

08/09/2022

Listed (Active)

Rhode Island Association of REALTORS® #1317509

$5,995,000
04/23/2022

Temporarily Off Market

Rhode Island Association of REALTORS® #1296965

10/23/2021

Listed (Active)

Rhode Island Association of REALTORS® #1296965

$5,995,000
08/22/2021

Temporarily Off Market

Rhode Island Association of REALTORS® #1275847

02/22/2021

Listed (Active)

Rhode Island Association of REALTORS® #1275847

$6,500,000
01/28/2021

Temporarily Off Market

Rhode Island Association of REALTORS® #1260058

07/28/2020

Listed (Active)

Rhode Island Association of REALTORS® #1260058

$4,999,500

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

Schools near 38 Bay Street, Unit W201/202

This home is within Westerly School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
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

Dunn's Corners 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.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of WATCH HILL PROPERTIES

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.