497 Atlantic Ave

Westerly, RI 02891

$2,200,000
Price
4
Beds
1,700 Sq. Ft.
$1,294 / Sq. Ft.
1,700
Sq. Ft.
$1,294
per Sq. Ft.
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Listed By CompassNew
Listed By CompassNew

Description

MISQUAMICUT BEACH cottage set on 0.42 acres, currently configured as a two-family beachfront property. A great opportunity to create your own coastal retreat in a prime location. This home has been cherished by the same family for many years and has also functioned as a successful rental, with bookings in place for the 2026 summer season. The main level features a spacious deck, ideal for relaxing or casual outdoor dining after a day at the beach. Inside, you'll find two bedrooms, one full bath,...MISQUAMICUT BEACH cottage set on 0.42 acres, currently configured as a two-family beachfront property. A great opportunity to create your own coastal retreat in a prime location. This home has been cherished by the same family for many years and has also functioned as a successful rental, with bookings in place for the 2026 summer season. The main level features a spacious deck, ideal for relaxing or casual outdoor dining after a day at the beach. Inside, you'll find two bedrooms, one full bath, and a living room with a large window overlooking the ocean, with views stretching toward Block Island. The walkout lower level includes two additional bedrooms, a full bath, kitchen, and family room, offering flexible space for guests or extended stays. Use this as a canvas to create your own beachfront escape and enjoy this well-loved location for years to come.

Listing Agent

  1. Lori Joyal

    Lori Joyal

    Listing Agent

    Compass

    lori.joyal@compass.com

    P: (401)-742-1225

    CallTextEmail

Property Details for 497 Atlantic Avenue

Subdivision Name
MISQUAMICUT BEACHFRONT
Architectural Style
Cabin
Waterfront Y N
Yes
Waterfront Features
Ocean Front, Walk To Water, Waterfront
View
Water
LISTING UPDATED: 05/04/2026 12:31 AM

Property Details for 497 Atlantic Avenue

StatusActive
MLS #1411646
Days on MarketListed Today
Taxes$12,777 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1957
Lot Size0.42 AC / 18,295 SF
CountyWashington County
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Location

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Building Information for 497 Atlantic Avenue

Stories2Year Built1957Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

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$12,143 per month

30 year fixed, 6.46% Interest

Principal and Interest

$11,078

Property Taxes

$1,065

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 497 Atlantic Avenue

Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Marina
  • Postal City: Westerly
  • Postal Code: 02891
  • Postal Code Plus4: 4333
  • State Or Province: RI
  • View Y N: Yes
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $12,777.00
  • Tax Assessed Value: 1797100
  • Tax Lot: 24
  • Tax Map Number: 155
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 980.0
  • Below Grade Finished Area: 720.0
  • Building Area Total: 1700.0
  • Living Area: 1,700.00
  • Living Area Source: Public Records
  • Lot Features: Waterfront
  • Lot Size Acres: 0.42
  • Lot Size Area: 18295.0
  • Lot Size Square Feet: 18295.0
  • Lot Size Units: Square Feet
  • Parcel Number: 497ATLANTICAVWEST
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • New Construction Y N: No
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1957
  • C L I P: 1,016,380,587
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Partially Finished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Other, Vinyl
  • Heating: None
  • Heating Y N: No
  • Levels: Two
  • Patio And Porch Features: Deck
  • Rooms Total: 6
Rental
Rental Information
  • Land Lease Y N: No

Property History for 497 Atlantic Avenue

DateEvent & SourcePriceAppreciation
May 4, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1411646

$2,200,000—
DateEvent & SourcePrice
05/04/2026

Listed (Active)

Rhode Island Association of REALTORS® #1411646

$2,200,000

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

Public Records for 497 Atlantic Avenue

Taxable ValueLand$1,647,800Additions$149,300Total$1,797,100
Tax Record2025$12,777 ($1,065 / month)
Home Facts
Baths2Total Finished SqFt980 SqFtAbove Grade Finished SqFt980 SqFtStories1Lot Size18,276 SqFtStyleDuplexYear Built1957CountyWASHINGTONAPNWEST M:155 B:24

Schools near 497 Atlantic Avenue

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

Westerly Middle School
Public5 to 8

Westerly High School
Public9 to 12

State Street 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 497 Atlantic Avenue, Westerly, RI 02891

497 Atlantic Avenue is a single family home for sale in Westerly, RI 02891. This listing's school district is Westerly School District. Nearby schools include Dunn's Corners School, Westerly Middle School and Westerly High School. 497 Atlantic Avenue is a 4-bed, 2-bath, 1,700 sqft single family home built in 1957.

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, 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.

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.