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$1,795,000
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Property Description
Little Compton - South Shore / Goosewing Beach Area - Ocean Views - Located in the desirable Indian Rock Acres seaside neighborhood, this beautifully updated home offers a relaxed coastal lifestyle just moments from South Shore and Goosewing Beach. Situated toward the end of Ocean Drive on an oversized half-acre lot a rare find for the area the property enjoys privacy, ocean air, and elevated eastern views. Originally built in 1972, the residence has been thoughtfully renovated with a coastal modern, contemporary feel. The open-concept layout features soaring ceilings and abundant natural light throughout. A fireplace anchors the living room, which opens to an oceanside deck, while a second deck off the dining area captures sunset views, creating ideal spaces for indoor-outdoor living and entertaining. Additional highlights include an updated coastal aesthetic, outdoor shower, and a neighborhood setting offering direct water access along with easy access to Little Compton's prized South Shore beaches. A special opportunity to enjoy seaside living in one of the town's most sought-after coastal enclaves. Buyer to pay LCAT.
Full Property Details
Full Property Details for 49 Ocean Dr
General
- Price: $1,795,000
- HOA FEE: $21/month
- HOA FEE FREQ.: Annually
- Taxes: $7,296 (2025)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1401612
- Updated: 1/2/2026
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Cathedral Ceiling(s), High Ceilings, Interior Steps, Stall Shower, Tub Shower, Vaulted Ceiling(s), Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
- Flooring: Ceramic Tile, Hardwood, Other, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Tennis: Yes
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Deck
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 8
- Parking Features: Built In
Location
- County: Newport
- Subdivision: Indian Rock Acres South Shore Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Central Air Conditioning
- Heating Type: Baseboard, Heat Pump, Hot Water, Oil
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Raised Ranch
- Detached/Attached: Attached
- Construction: Plaster, Shingle Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Interior Entry, Partial, Partially Finished
- Windows: Thermal Windows
- Doors: Storm Door(s)
- Stories/Levels: 2
- Building Size: 2157
- Square Feet: 2,157
- Living Area: 2,157 Sq. Ft.
- Finished Total: 2,157 Sq. Ft.
- Finished Above Grnd: 2,157 Sq. Ft.
- Year Built: 1972
Lot Features
- Property View: Saltwater, Water
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Size: 21780
Water Features
- Water View: Yes
- Water Front Desc.: Beach Access, Walk to Water
Financial Considerations
- Association Fee: $250
- Assoc Fee Freq.: Annually
- Tax Amount: $7,296
- Tax Year: 2025
- Terms: Special Funding
Disclosures and Reports
- Property ID: 49OCEANDRLCOM
- Lot Number: 137
Listed by Compass
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Schools
Schools serving 49 Ocean Dr
School District:Little Compton School District
| Name | Grades | Distance |
|---|---|---|
Wilbur & McMahon School 28 Commons, Little Compton, RI 02837 | PK-8 | 2.2 mi |
Portsmouth High School, Portsmouth, RI 120 Education Lane, Portsmouth, RI 02871 | 9-12 | 10.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 49 Ocean Dr
Date
Details
Price
Change
Source
1/02/2026
Listed
$1,795,000
235.51%
MLS
10/11/2016
Sold
$535,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 49 Ocean Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,296
26%
$1,523,200
34%
2024
$5,776
2%
$1,137,000
—
2023
$5,640
1%
$1,137,000
—
2022
$5,571
6%
$1,137,000
31%
2021
$5,253
1%
$869,700
—
2020
$5,210
1%
$869,700
—
2019
$5,157
5%
$869,700
5%
2018
$4,920
28%
$825,500
21%
2016
$3,856
3%
$680,000
5%
2015
$3,729
2%
$648,600
—
2014
$3,658
4%
$648,600
—
2013
$3,522
—
$648,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 49 Ocean Dr
49 Ocean Drive, Little Compton, RI 02837 (MLS# 1401612) is a Single Family property with 3 bedrooms and 3 full bathrooms. 49 Ocean Drive is currently listed for $1,795,000 and was received on January 02, 2026. Want to learn more about 49 Ocean Drive? Do you have questions about finding other Single Family real estate for sale in Little Compton? You can browse all Little Compton real estate or contact a Coldwell Banker agent to request more information.

