50 Lane 1 Street, Warwick, RI 02888 - Photo 1

1/1

$265,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
1 Partial Bath
680 Sq. Ft.

1/1

Property Description

BIG REDUCTION! Wow all rebuilt and cute as a button! What a LOCATION!! Welcome to Gaspee Point -a quaint private community with private beach access for swimming, sunbathing or long walks, stunning sunrises or exploration of Narragansett Bay. This cozy completely renovated 2 bed, 1.5 bath cottage is just steps to RI's shoreline. This comfortable snug home has been rebuilt from the ground up including new roof, luxury vinyl flooring, new windows/exterior doors, 1.5 trendy baths, cheery kitchen with stainless appliances, new heating and central air, new electrical, plus more! Absolutely nothing to do but move in and enjoy this oasis along Narraganset Bay. A wonderful opportunity for those looking to downsize. Centrally located just 15 minutes to Providence and five minutes to T.F. Green Airport. Close to Pawtuxet Village shops and restaurants. Don't miss this opportunity to own in one of RI's lovely beach communities. Perfect year-round living or as a summer get-away. Property is located on leased land. Pets are welcome. The lease fee is $566 per month which includes a 91.00 sewer assessment. Buyers must be approved for residency from association.

Full Property Details

Full Property Details for 50 Ln 1 St

General

Sold For: $265,000
Taxes: $1,050 (2024)
Status: Closed
Type: Single Family
Source: STWMLS
MLS ID: 1386500
Added to Site: 228 day(s) ago

Interior

Number of Rooms: 4
Interior Features: Stall Shower, Cable TV
Fireplace(s): None
Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Water Heater
Flooring: Vinyl

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Parking

Total Spaces: 2
Parking Features: No Garage

Location

County: Kent
Subdivision: Gaspee Point

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Ductless, Central Air Conditioning
Heating Type: Electric, Heat Pump

Utilities

Sewer: Sewer Assessment(s)
Water: Connected

Structural Information

Architectural Style: Cabin
Detached/Attached: Detached
Construction: Drywall, Vinyl Siding
Basement: Yes
Basement Desc.: Partial, Unfinished
Windows: Thermal Windows
Doors: Storm Door(s)
Stories/Levels: 1
Building Size: 680
Square Feet: 680
Living Area: 680 Sq. Ft.
Finished Total: 680 Sq. Ft.
Finished Above Grnd: 680 Sq. Ft.
Year Built: 1935

Additional Structures

Other Structures: Outbuilding

Lot Features

Land Lease Avail: Yes
Fencing (Description): Fenced

Water Features

Water Front Desc.: Beach Access, Water Access, Walk to Water

Financial Considerations

Tax Amount: $1,050.52
Tax Year: 2024

Disclosures and Reports

Inclusions: Fannie Mae property - Lease fee is $566 and of that fee $91 is for sewer assessment. All offers to be made through HOMEPATH.COM
Property ID: 50LANE1STWARW
Block: 58
Lot Number: 9550

Listed by Abbott Properties, LLC
Sold by HomeSmart Professionals

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— 50 Ln 1 St —

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Schools

Schools serving 50 Ln 1 St

School District:Warwick School District

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 50 Ln 1 St

Date

Details

Price

Change

Source

8/15/2025

Sold

$265,000

—

MLS

6/23/2025

Price Reduced

$265,000

-1.82%

MLS

6/02/2025

Listed

$269,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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50 Lane 1 Street, Warwick, RI 02888 (MLS# 1386500) is a Single Family property that was sold at $265,000 on August 15, 2025. Want to learn more about 50 Lane 1 Street? Do you have questions about finding other Single Family real estate for sale in Warwick? You can browse all Warwick real estate or contact a Coldwell Banker agent to request more information.

50 Ln 1 St Warwick, RI 02888