975 Sq. Ft.
$554 / Sq. Ft.
975
Sq. Ft.
$554
per Sq. Ft.

Description

Waterfront living at its finest on Gaspee Point! This stunning, newly remodeled one level, 2 bed, 1 bath home offers 180-degree views and direct access to a sandy beach with Eastern views. The beautifully designed quartz counter kitchen features a subway tile backsplash, and vaulted wood-beamed ceilings. The spacious living room, adorned with large windows, showcases breathtaking water views and includes a floor-to-ceiling brick wood-burning fireplace, perfect for setting a cozy mood. Adjacent to...Waterfront living at its finest on Gaspee Point! This stunning, newly remodeled one level, 2 bed, 1 bath home offers 180-degree views and direct access to a sandy beach with Eastern views. The beautifully designed quartz counter kitchen features a subway tile backsplash, and vaulted wood-beamed ceilings. The spacious living room, adorned with large windows, showcases breathtaking water views and includes a floor-to-ceiling brick wood-burning fireplace, perfect for setting a cozy mood. Adjacent to the kitchen is a fully remodeled bathroom with laundry, and the master bedroom with vaulted ceilings. The second bedroom overlooks the water, providing serene views. The home also offers basement access from inside and out, ideal for storage or creating a rec area. The patio provides a picture-perfect view and space for outdoor living. Step down to your sandy beach for sunbathing, swimming, fishing, or enjoying watersports. Embrace the New England waterfront lifestyle with proximity to marinas, a train station, an airport, highways, and all the shopping and dining you need. This is the waterfront escape you've dreamed of!
  1. Listed by The DiSpirito Team • Brokerage DRE #REB.0019090 • Engel & Volkers
    P: (401)-244-8355 kaycee.oares@evrealestate.com

Property Details for 7 Lane 1

Subdivision Name
Gaspee Point
Architectural Style
Ranch
Waterfront Y N
Yes
Waterfront Features
Beach Access, Beach Front, Ocean Front, River Access, Water Access, Walkto Water, Waterfront
View
Saltwater, Water
LISTING UPDATED: 09/20/2024 12:08 PM

Property Details for 7 Lane 1

StatusClosed
MLS #1364776
Days on Market8
Taxes$3,636 / year
HOA Fees$459 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size-
CountyKent County

Location

Listing Courtesy of Engel & Volkers

Sold By Residential Properties Ltd.

Add your commute

Building Information for 7 Lane 1

Stories1Year Built1940Building Size-Lot Size-

Payment Calculator

$3,393 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,631

Property Taxes

$303

HOA Dues

$459

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Lane 1

Summary
Location and General Information
  • City: Warwick
  • Community Features: Marina, Near Schools, Other, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Courts
  • Postal City: Warwick
  • Postal Code: 02888
  • Postal Code Plus4: 5605
  • State Or Province: RI
  • View Y N: Yes
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 2
Taxes and HOA Information
  • Association Fee: $459.00
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: $3,636.00
  • Tax Assessed Value: 251300
  • Tax Lot: 58
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 975.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 975.0
  • Living Area: 975.00
  • Living Area Source: Public Records
  • Lot Features: Waterfront
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Lot Size Units: Square Feet
  • Parcel Number: 7LANE1WARW
  • Stories: 1
  • Stories Total: 1
  • 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: 1940
  • C L I P: 1,090,073,926
Utilities
  • Electric: Item100Amp Service, Circuit Breakers
  • Sewer: Connected, Sewer Assessments
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Fireplace Features: Masonry
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile
  • Heating: Gas, Heat Pump, Individual, Space Heater
  • Heating Y N: Yes
  • Interior Features: Cathedral Ceilings, Tub Shower
  • Levels: One
  • Patio And Porch Features: Patio
  • Rooms Total: 4
  • Window Features: Thermal Windows
Room 1
  • Room Type 1: Utility Room
  • Room Level 1: Lower
  • Room Dimensions 1: 7.1 x 17.8
  • Room Length 1: 7.1
  • Room Width 1: 17.8
Room 2
  • Room Type 2: Storage Room
  • Room Level 2: Lower
  • Room Dimensions 2: 20.5 x 13.0
  • Room Length 2: 20.5
  • Room Width 2: 13.0
Room 3
  • Room Type 3: Dining Room
  • Room Level 3: First
  • Room Dimensions 3: 12.4 x 11.11
  • Room Length 3: 12.4
  • Room Width 3: 11.1
Room 4
  • Room Type 4: Bathroom
  • Room Level 4: First
  • Room Dimensions 4: 10.1 x 11.7
  • Room Length 4: 10.1
  • Room Width 4: 11.7
Room 5
  • Room Type 5: Living Room
  • Room Features 5: Beamed Ceilings, Granite Counters, Vaulted Ceilings, Natural Woodwork
  • Room Level 5: First
  • Room Dimensions 5: 17.3 x 11.11
  • Room Length 5: 17.3
  • Room Width 5: 11.1
Room 6
  • Room Type 6: Bedroom 2
  • Room Level 6: First
  • Room Dimensions 6: 8.4 x 9.9
  • Room Length 6: 8.4
  • Room Width 6: 9.9
Room 7
  • Room Type 7: Bedroom 1
  • Room Level 7: First
  • Room Dimensions 7: 11.10 x 11.0
  • Room Length 7: 11.1
  • Room Width 7: 11.0
Room 8
  • Room Type 8: Kitchen
  • Room Features 8: Beamed Ceilings, Vaulted Ceilings
  • Room Level 8: First
  • Room Dimensions 8: 17.5 x 11.0
  • Room Length 8: 17.5
  • Room Width 8: 11.0
Room 30
  • Room List: Utility Room, Storage Room, Dining Room, Bathroom, Living Room, Bedroom 2, Bedroom 1, Kitchen
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: Yes

Property History for 7 Lane 1

DateEvent & SourcePriceAppreciation
Sep 20, 2024

Sold

Rhode Island Association of REALTORS® #1364776

$539,900
Aug 6, 2024

Contract Signed

Rhode Island Association of REALTORS® #1364776

Jul 29, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1364776

$539,900
May 26, 2015

Sold

Rhode Island Association of REALTORS® #1090405

$127,900
Apr 21, 2015

Contract Signed

Rhode Island Association of REALTORS® #1090405

Mar 20, 2015

Listed (Active)

Rhode Island Association of REALTORS® #1090405

$134,500
DateEvent & SourcePrice
09/20/2024

Sold

Rhode Island Association of REALTORS® #1364776

$539,900
08/06/2024

Contract Signed

Rhode Island Association of REALTORS® #1364776

07/29/2024

Listed (Active)

Rhode Island Association of REALTORS® #1364776

$539,900
05/26/2015

Sold

Rhode Island Association of REALTORS® #1090405

$127,900
04/21/2015

Contract Signed

Rhode Island Association of REALTORS® #1090405

03/20/2015

Listed (Active)

Rhode Island Association of REALTORS® #1090405

$134,500

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

Public Records for 7 Lane 1

Taxable ValueLand-Additions$522,200Total-
Tax Record2025$6,632 ($553 / month)
Home Facts
Beds2Baths1Total Finished SqFt975 SqFtAbove Grade Finished SqFt975 SqFtUnfinished Basement SqFt975 SqFtStories1StyleMiscellaneous ResidentialYear Built1940CountyKENTAPNWARW M:305 B:0058 L:9507Fireplace TypeHas Fireplace

Schools near 7 Lane 1

This home is within Warwick School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Wyman School
PublicK to 5

Warwick Veterans Jr. High School
Public6 to 8

Pilgrim High School
Public9 to 12

Warwick Early Learning Center
PublicK to 6

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 Engel & Volkers

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.