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$360,000
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Property Description
OWN YOUR MIQUAMICUT BEACH GETAWAY WITH INCOME POTENTIAL Imagine having your own place in Misquamicut where you can spend summer weekends at the beach, walk to nearby restaurants, enjoy your own assigned parking, and still have the ability to generate rental income when you're not using it. This unique condotel opportunity offers the best of both worlds: a personal coastal retreat and an income-producing investment. Located within an easy walk of the beach, these residences offer beach parking and access rights, two assigned parking spaces, and trash included with MFD taxes. For the investment-minded buyer, projected cap rates exceed 10% on the four units currently available, providing an opportunity to enter the Misquamicut vacation market at an attractive price point. Whether you're looking for a summer getaway, a second home that helps offset its own expenses, or a dedicated vacation-rental investment, this is an opportunity to own in one of Westerly's most recognizable beach destinations. Walk to the beach. Walk to restaurants. Park at the beach. Generate income. Enjoy Miquamicut. Four units currently available. Inquire for individual pricing, projected income, expenses, and cap-rate information.
Full Property Details
Full Property Details for 20 Winnapaug Rd #B1
General
- Price: $360,000
- HOA FEE: $325/month
- Taxes: $919 (2025)
- Status: Active
- Type: Condo
- Source: STWMLS
- MLS ID: 1421862
- Updated: 8/29/2026
- Added to Site: 9 day(s) ago
Business
- Business Type: Other
Interior
- Number of Rooms: 2
- Interior Features: Stall Shower
- Fireplace(s): None
- Appliances: Electric Water Heater
- Flooring: Ceramic Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Tennis: Yes
Parking
- Total Spaces: 2
- Parking Features: Assigned, No Garage
Location
- County: Washington
- Subdivision: Misquamicut
- Building Name: Beach Ball
- Near Highway: Yes
Community
- Assoc. Fees Include: Electricity, Heat, HVAC, Hot Water, Insurance, Internet, Maintenance Grounds, Parking, Snow Removal, Water
- Units Assoc/Comm: 8
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: Drywall, Vinyl Siding
- Basement Desc.: None, Unfinished
- Entry Floor Number: 2
- Entry Location: Second Floor Access
- Stories/Levels: 1
- Building Size: 510
- Square Feet: 510
- Living Area: 510 Sq. Ft.
- Finished Total: 510 Sq. Ft.
- Finished Above Grnd: 510 Sq. Ft.
- Year Built: 1940
Lot Features
- Property View: Saltwater, Water
- Lot Features: Paved
Water Features
- Water View: Yes
- Water Front Desc.: Beach Access, Water Access, Walk to Water
Financial Considerations
- Association Fee: $325
- Assoc Fee Freq.: Monthly
- Tax Amount: $919
- Tax Year: 2025
Disclosures and Reports
- Inclusions: This is a condo conversion, HOA is rough estimation and yet to be established
- Property ID: 20WINNAPAUGRDB1WEST
- Block: 1
- Lot Number: 222
Listed by Stanton Realty, Inc.
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Schools
Schools serving 20 Winnapaug Rd #B1
School District:Westerly School District
| Name | Grades | Distance |
|---|---|---|
Westerly Middle School 10 Sandy Hill Road, Westerly, RI 02891 | 5-8 | 2.2 mi |
Dunn's Corners School 8 1/2 Plateau Road, Westerly, RI 02891 | K-4 | 2.5 mi |
Westerly High School 23 Ward Avenue, Westerly, RI 02891 | 9-12 | 3.7 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 20 Winnapaug Rd #B1
Date
Details
Price
Change
Source
8/28/2026
Listed
$360,000
—
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 20 Winnapaug Rd #B1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$919
—
$129,300
—
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 20 Winnapaug Rd #B1
20 Winnapaug Road #B1, Westerly, RI 02891 (MLS# 1421862) is a Condo property with 1 bedroom and 1 full bathroom. 20 Winnapaug Road #B1 is currently listed for $360,000 and was received on August 28, 2026. Want to learn more about 20 Winnapaug Road #B1? Do you have questions about finding other Condo real estate for sale in Westerly? You can browse all Westerly real estate or contact a Coldwell Banker agent to request more information.

