12 Seagate Dr

Narragansett, RI 02882

$3,480,000
Last Sold Price
5
Beds
2,385 Sq. Ft.
$1,459 / Sq. Ft.
2,385
Sq. Ft.
$1,459
per Sq. Ft.
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Closed 5/22/21Virtual Tour
Closed 5/22/21Virtual Tour

Description

Exceptional oceanfront setting on a private laneway off of Ocean Road in the heart of the Estate Area. With sweeping and unobstructed views of the Atlantic Ocean and crashing waves along the wide expanse of rocky coast ocean frontage, this rare 1.84 acre direct ocean setting is stunning. The sweet, classic Cape Cod style home was built in 1959 and offers 5 Bedrooms with 3 full Baths in 2385 sq.ft. There is a cozy fireplace, hardwood floors and a one of a kind first floor master suite that was an...Exceptional oceanfront setting on a private laneway off of Ocean Road in the heart of the Estate Area. With sweeping and unobstructed views of the Atlantic Ocean and crashing waves along the wide expanse of rocky coast ocean frontage, this rare 1.84 acre direct ocean setting is stunning. The sweet, classic Cape Cod style home was built in 1959 and offers 5 Bedrooms with 3 full Baths in 2385 sq.ft. There is a cozy fireplace, hardwood floors and a one of a kind first floor master suite that was an original cabana from the Dunes Club! A perfect family summer retreat to be loved and enjoyed for many years to come. The abutting and nearby homes suggest the Buyer would most likely choose to take advantage of the generous lot size and solid surrounding values and use the opportunity to build a much larger home. The property has had some engineering done and the results suggest a 4-6 Bedroom home is possible. Approved septic design to be conveyed with sale. This property was once the site of a small private family golf course! Narragansett has been a coveted summer destination since the Gilded Age and the coast remains lined with shingle-style architectural treasures. Offering the rare chance to build your own oceanfront dream.
  1. Listed by Judith Chace • Brokerage DRE #REB.0019662 • Mott & Chace Sotheby's Intl.
    P: - - judy.chace@mottandchace.com
  2. Listed by Erin Marsh • Mott & Chace Sotheby's Intl.
    P: (401)-225-4106 C: (401)-225-4106 erin.marsh@mottandchace.com

Property Details for 12 Seagate Drive

Subdivision Name
Oceanfront/Ocean Road
Architectural Style
Cape Cod
Waterfront Y N
Yes
Waterfront Features
Beach Front, Ocean Front, Walk To Water, Waterfront
View
Saltwater, Water
LISTING UPDATED: 03/11/2022 10:44 AM

Property Details for 12 Seagate Drive

StatusClosed
MLS #1266808
Days on Market199
Taxes$25,544 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1959
Lot Size1.84 AC / 80,251 SF
CountyWashington County
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Location

Listing Courtesy of Mott & Chace Sotheby's Intl.

Sold By Lila Delman Real Estate

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Building Information for 12 Seagate Drive

Stories2Year Built1959Building Size-Lot Size1.84 AC / 80,251 SF

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$19,090 per month

30 year fixed, 6.15% Interest

Principal and Interest

$16,961

Property Taxes

$2,129

HOA Dues

$0

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Property Information for 12 Seagate Drive

Summary
Location and General Information
  • City: Narragansett
  • Postal City: Narragansett
  • Postal Code: 02882
  • Postal Code Plus4: 1310
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: R-80
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 5
Taxes and HOA Information
  • Tax Annual Amount: $25,544.00
  • Tax Assessed Value: 2497000
  • Tax Lot: 7E
  • Tax Year: 2020
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Property
Lot Information
  • Above Grade Fin SQFT: 2385.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 2385.0
  • Living Area: 2,385.00
  • Living Area Source: Public Records
  • Lot Features: Cul De Sac, Waterfront
  • Lot Size Acres: 1.8423
  • Lot Size Area: 80251.0
  • Lot Size Square Feet: 80251.0
  • Lot Size Units: Square Feet
  • Parcel Number: 12SEAGATEDRNARR
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1959
  • C L I P: 4,337,671,365
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Cesspool
  • Utilities: Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Security Features: Security System Owned
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Water Heater, Washer
  • Basement: Crawl Space, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Cooling: Wall Units, Central Air
  • Cooling Y N: Yes
  • Door Features: Storm Doors
  • Fireplace Features: Masonry
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Carpet
  • Heating: Baseboard, Central, Forced Air, Oil, Other
  • Heating Y N: Yes
  • Interior Features: Cathedral Ceilings, Skylights, Tub Shower, Cable Tv
  • Levels: Two
  • Rooms Total: 10
  • Window Features: Skylights, Storm Windows
Room 1
  • Room Type 1: Bathroom
  • Room Level 1: Second
Room 2
  • Room Type 2: Bedroom 5
  • Room Level 2: Second
Room 3
  • Room Type 3: Bedroom 4
  • Room Level 3: Second
Room 4
  • Room Type 4: Bathroom
  • Room Level 4: First
Room 5
  • Room Type 5: Bedroom 2
  • Room Level 5: First
Room 6
  • Room Type 6: Primary Bedroom
  • Room Level 6: First
Room 7
  • Room Type 7: Kitchen
  • Room Features 7: Eat In Kitchen
  • Room Level 7: First
Room 8
  • Room Type 8: Great Room
  • Room Level 8: First
Room 9
  • Room Type 9: Den
  • Room Level 9: First
Room 30
  • Room List: Bathroom, Bedroom 5, Bedroom 4, Bedroom 2, Primary Bedroom, Kitchen, Great Room, Den
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 12 Seagate Drive

DateEvent & SourcePriceAppreciation
May 22, 2021

Sold

Rhode Island Association of REALTORS® #1266808

$3,480,000—
Apr 30, 2021

Contract Signed

Rhode Island Association of REALTORS® #1266808

—
Oct 13, 2020

Listed (Active)

Rhode Island Association of REALTORS® #1266808

$3,700,000—
Jul 7, 2020

Sold

Rhode Island Association of REALTORS® #1250758

$3,400,000—
May 16, 2020

Contract Signed

Rhode Island Association of REALTORS® #1250758

—
Apr 2, 2020

Listed (Active)

Rhode Island Association of REALTORS® #1250758

$3,550,000—
May 19, 1998

Sold (Public Record)

Public Record #171409147

$750,000—
DateEvent & SourcePrice
05/22/2021

Sold

Rhode Island Association of REALTORS® #1266808

$3,480,000
04/30/2021

Contract Signed

Rhode Island Association of REALTORS® #1266808

—
10/13/2020

Listed (Active)

Rhode Island Association of REALTORS® #1266808

$3,700,000
07/07/2020

Sold

Rhode Island Association of REALTORS® #1250758

$3,400,000
05/16/2020

Contract Signed

Rhode Island Association of REALTORS® #1250758

—
04/02/2020

Listed (Active)

Rhode Island Association of REALTORS® #1250758

$3,550,000
05/19/1998

Sold (Public Record)

Public Record #171409147

$750,000

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

Public Records for 12 Seagate Drive

Taxable ValueLand$3,746,400Additions$4,877,800Total$8,624,200
Tax Record2025$58,558 ($4,880 / month)
Home Facts
Beds4Baths3Total Finished SqFt10,002 SqFtAbove Grade Finished SqFt10,002 SqFtUnfinished Basement SqFt5,907 SqFtStories2Lot Size80,251 SqFtStyleSingle Family ResidenceYear Built2022ZoningR-80CountyWASHINGTONAPNNARR M:G B:7 L:EFireplace TypeHas Fireplace

Schools near 12 Seagate Drive

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

Narragansett Pier School
Public5 to 8

Narragansett High School
Public9 to 12

Ocean Tides School
Private9 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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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 Mott & Chace Sotheby's Intl.

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.