Sold
Last Sold Price
3 beds2,136 sqft$297/sqft
40 Tern Rd, Narragansett, RI 02882
Single FamilyProperty Type
9,583 sq ftLot Size
1961Year Built
$297/sq ftPrice per sq ft
10 carsParking Spaces

Description

Set on a spacious lot along a quiet street in one of Narragansett's hidden gem neighborhoods, 40 Tern Road offers an incredible opportunity for the next owner to reimagine and renovate a property with tremendous potential. This well-built home features solid bones, generous living space, and a layout ready for a complete renovation and personal vision. Perfectly located close to Narragansett's beaches, restaurants, shopping, and local attractions, the property still feels tucked away in its own private...Set on a spacious lot along a quiet street in one of Narragansett's hidden gem neighborhoods, 40 Tern Road offers an incredible opportunity for the next owner to reimagine and renovate a property with tremendous potential. This well-built home features solid bones, generous living space, and a layout ready for a complete renovation and personal vision. Perfectly located close to Narragansett's beaches, restaurants, shopping, and local attractions, the property still feels tucked away in its own private little paradise. Enjoy the rare combination of convenience and tranquility, where you can be minutes from everything while coming home to a peaceful hideaway setting surrounded by privacy and nature. The large lot provides outstanding space for entertaining, relaxing, or possible future expansion. Whether you are looking for your next renovation project, investment opportunity, future coastal getaway, or hoping to make Narragansett your primary home, this hidden gem is ready for its next chapter in one of Rhode Island's premier beach communities.
  • Listed by: Team KEY 401.329.9722 teamkey.re@gmail.com Brokerage DRE #REC.0018315 • KEY Real Estate Services
Listing closed: 07/13/2026 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1412102

Location

Listing Courtesy of KEY Real Estate Services

Sold By Real Broker, LLC

Add your commute

Payment Calculator

$3,482 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,228

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 40 Tern Road

Property Details
  • Taxes: $3,049 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Ranch
  • Waterfront Features: Walk To Water
Building Information
  • Stories: 1
  • Year Built: 1961
  • Lot Size: 0.22 AC / 9,583 SF
Summary
Location and General Information
  • City: Narragansett
  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Narragansett
  • Postal Code: 02882
  • Postal Code Plus4: 3410
  • State Or Province: RI
  • Zoning: R-40
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 10
Taxes and HOA Information
  • Tax Annual Amount: $3,049.00
  • Tax Assessed Value: 449000
  • Tax Lot: 150
  • Tax Map Number: W
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 1212.0
  • Below Grade Finished Area: 924.0
  • Building Area Total: 2136.0
  • Living Area: 2,136.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.22
  • Lot Size Area: 9583.0
  • Lot Size Square Feet: 9583.0
  • Lot Size Units: Square Feet
  • Parcel Number: 40TERNRDNARR
  • Stories: 1
  • Stories Total: 1
  • Property Sub Type Additional: Single Family Residence
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: 1961
  • C L I P: 2,327,662,483
Utilities
  • Electric: Amps150
  • Sewer: Septic Tank
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Approach With Ramp
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplace Y N: No
  • Flooring: Hardwood
  • Heating: Forced Air, Gas
  • Heating Y N: Yes
  • Interior Features: Attic, Bathtub, Storage, Tub Shower
  • Levels: One
  • Rooms Total: 8
Rental
Rental Information
  • Land Lease Y N: No

Property History for 40 Tern Road

DateEvent & SourcePriceAppreciation
Jul 13, 2026

Sold (Public Record)

Public Record #1945584651

$635,000

+7.7% / yr

Jul 13, 2026

Sold

Rhode Island Association of REALTORS® #1412102

$635,000
Jun 8, 2026

Contract Signed

Rhode Island Association of REALTORS® #1412102

DateEvent & SourcePrice
07/13/2026

Sold (Public Record)

Public Record #1945584651

$635,000

+7.7% / yr

07/13/2026

Sold

Rhode Island Association of REALTORS® #1412102

$635,000
06/08/2026

Contract Signed

Rhode Island Association of REALTORS® #1412102

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

Public Records for 40 Tern Road

Taxable ValueLand$165,600Additions$283,400Total$449,000
Tax Record2025$3,049 ($254 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,212 SqFtAbove Grade Finished SqFt1,212 SqFtUnfinished Basement SqFt924 SqFtStories1Lot Size9,557 SqFtStyleSingle Family ResidenceYear Built1961Year Renovated1994ZoningR-40CountyWASHINGTONAPNNARR M:W B:150

Schools near 40 Tern 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.

Similar Homes

New listings in 02882

$275,000 | 64 Burnside Avenue, Narragansett, RI 02882
1/34

$275,000

1
Bedrooms
640
Square Feet
Unavailable
Acres
$899,000 | 9 Therese Street, Narragansett, RI 02882
1/20
Open: 8/22 12:00PM - 02:00PM

$899,000

3
Bedrooms
1,698
Square Feet
0.26
Acres
$1,250,000 | 14 Stanton Avenue, Narragansett, RI 02882
1/21

$1,250,000

4
Bedrooms
1,344
Square Feet
0.11
Acres
$799,000 | 39 Ottawa Trail, Narragansett, RI 02882
1/43
Open: 8/23 10:00AM - 12:00PM

$799,000

2
Bedrooms
783
Square Feet
0.11
Acres
$985,000 | 101 Sakonnet Boulevard, Narragansett, RI 02882
1/18

$985,000

4
Bedrooms
1,924
Square Feet
0.23
Acres
$1,299,000 | 204 Bellevue Court, Unit 204, Narragansett, RI 02882
1/33

$1,299,000

2
Bedrooms
1,742
Square Feet
$1,750,000 | 0 Daytona Avenue, Narragansett, RI 02882
1/2

$1,750,000

5
Bedrooms
2,499
Square Feet
0.37
Acres
$1,600,000 | 1 Sea Crest Drive, Narragansett, RI 02882
1/34
Active Under Contract

$1,600,000

3
Bedrooms
2,502
Square Feet
0.26
Acres
$815,000 | 68 Birchwood Drive, Narragansett, RI 02882
1/43
Active Under Contract

$815,000

3
Bedrooms
1,512
Square Feet
0.34
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40 Tern Road, Narragansett, RI 02882
$635,000
3
2,136
9,583
$328,000
3
2.5
1,596
19,110
$115,000
3
988
19,110
3
2
1,214
9,557
$342,000
3
1,834
32,164
$618,000
3
2,306
29,273

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 KEY Real Estate Services

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.