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$4,495,000 Just Listed
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Property Description
Set on over 1.1 private acres in Old Saunderstown, 125 Waterway is designed for year-round living, working, entertaining and recreation, just a short walk from Narragansett Bay and Saunderstown Yacht Club. Extensively renovated, the property brings together an unusual range of indoor and outdoor spaces in one setting. Inside are custom millwork, designer lighting, a chef's kitchen, library, hidden bar, billiards room and creative studio, along with private office/studio space and a dedicated heated fitness and recreation area. High-speed fiber Wi-Fi extends throughout the house and across the property. Outside, deep covered porches and bluestone terraces provide separate places to dine, gather and relax. The grounds include an outdoor kitchen, pergola, hot tub, gas and wood-burning fire features, lighted pickleball and basketball court, putting green, climbing and ropes area, hammock grove and expansive Great Lawn, all surrounded by mature gardens. The outdoor spaces are designed to be used across the seasons. Walk to neighborhood water access, Saunderstown Yacht Club and Willett Free Library, with Casey Farm nearby. Newport, Narragansett beaches, the Dunes Club and Point Judith Country Club are within easy reach, as are Amtrak and T.F. Green Airport. Private, connected and unusually well equipped for the way people actually live.
Full Property Details
Full Property Details for 125 Waterway
General
- Price: $4,495,000
- Taxes: $23,223 (2026)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1423199
- Updated: Today (9/15/2026)
- Added to Site: Today
Interior
- Number of Rooms: 11
- Interior Features: Attic, Bathtub, Cathedral Ceiling(s), Dry Bar, High Ceilings, Interior Steps, Permanent Attic Stairs, Stall Shower, Tub Shower, Vaulted Ceiling(s), Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Stone
- Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Tennis: Yes
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway, Tennis Court(s)
- Porch/Patio/Deck: Deck, Patio, Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 10
- Parking Features: Detached, Garage, Garage Door Opener
Location
- County: Washington
- Subdivision: Old Saunderstown - Yacht Clb
- Near Highway: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Baseboard, Oil
Utilities
- Sewer: Septic Tank
- Water: Connected, Public
- Utility Description: Underground Utilities
Structural Information
- Architectural Style: Cabin
- Detached/Attached: Detached
- Construction: Plaster, Shingle Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Full, Partially Finished
- Windows: Thermal Windows
- Stories/Levels: 2
- Building Size: 5392
- Square Feet: 5,392
- Living Area: 5,392 Sq. Ft.
- Finished Total: 5,392 Sq. Ft.
- Finished Above Grnd: 4,288 Sq. Ft.
- Finished Below Grnd: 1,104 Sq. Ft.
- Year Built: 2003
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 1.14
- Lot Size (Sq. Ft.): 49,658
- Lot Size: 49658
- Lot Features: Sprinkler System
Water Features
- Water Front Desc.: Water Access, Walk to Water
Financial Considerations
- Tax Amount: $23,223
- Tax Year: 2026
Disclosures and Reports
- Inclusions: The above ground living space includes Studio / Heated Gym/ Garage.
- Property ID: 125WATERWAYNKNG
- Lot Number: 126
Listed by Serhant.
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Schools
Schools serving 125 Waterway
School District:North Kingstown School District
| Name | Grades | Distance |
|---|---|---|
Hamilton School 25 Salisbury Avenue, North Kingstown, RI 02852 | K-5 | 3.1 mi |
Wickford Middle School 250 Tower Hill Road, North Kingstown, RI 02852 | 6-8 | 4.8 mi |
North Kingstown Sr. High School 150 Fairway Drive, North Kingstown, RI 02852 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125 Waterway
Date
Details
Price
Change
Source
9/15/2026
Listed
$4,495,000
—
MLS
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 125 Waterway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,445
7%
$2,214,200
39%
2024
$22,825
—
$1,591,700
—
2023
$22,825
2%
$1,591,700
—
2022
$22,379
14%
$1,591,700
42%
2021
$19,682
2%
$1,124,700
—
2020
$19,221
4%
$1,124,700
15%
2018
$18,477
2%
$974,000
—
2017
$18,107
3%
$974,000
—
2016
$17,590
-4%
$974,000
3%
2015
$18,293
2%
$947,800
—
2014
$17,923
1%
$947,800
—
2013
$17,819
—
$947,800
—
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 125 Waterway
125 Waterway, North Kingstown, RI 02874 (MLS# 1423199) is a Single Family property with 4 bedrooms and 4 full bathrooms. 125 Waterway is currently listed for $4,495,000 and was received on September 15, 2026. Want to learn more about 125 Waterway? Do you have questions about finding other Single Family real estate for sale in North Kingstown? You can browse all North Kingstown real estate or contact a Coldwell Banker agent to request more information.

