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$2,800,000
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Property Description
A fully renovated two-bedroom, two-bath residence in the historic Watch Hill Inn, a Relais & Ch teaux property. This residence boasts a magnificent 12-by-32-foot outdoor deck furnished with chaise lounges and an outdoor dining table that seats six. Enjoy spectacular sunset and ocean views from the direct southwestern exposure overlooking Little Narragansett Bay and the Watch Hill Yacht Club, all from the heart of historic Watch Hill Village. Enjoy a fully equipped kitchen with an electric range, refrigerator, microwave, oven, and exhaust hood, dining area, two tiled full bathrooms, and a contemporary decorative fireplace in the living room. Accommodates up to 6 guests with 2 on-site parking spaces. An on-site property manager maintains the common areas of this gated community. It is fully furnished & participates in the Ocean House Rental Program. Participation is optional, allowing the owner to occupy the residence or generate rental income when it is not in use. Owners who participate in the program, operated by Ocean House Management as the hospitality manager, have access to Ocean House amenities during their stays. These amenities include a private Atlantic Ocean beach, spa, fitness center, indoor lap pool, croquet court, shuttle service, and several dining venues. Located on Bay Street, offering unobstructed views and is within walking distance of local shops, the historic Watch Hill Carousel, a famous ice cream shop, and three pristine beaches.
Full Property Details
Full Property Details for 38 Bay St #W301
General
- Price: $2,800,000
- HOA FEE: $770/month
- Taxes: $6,549 (2026)
- Status: Active
- Type: Condo
- Source: STWMLS
- MLS ID: 1417980
- Updated: 7/22/2026
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Interior Steps, Tub Shower, Furnished
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Common Water Heater, Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Balcony, Deck
- Porch/Patio/Deck: Balcony, Deck
Parking
- Total Spaces: 2
- Parking Features: Assigned, No Garage
Location
- County: Washington
- Subdivision: Watch Hill Village
- Building Name: Watch Hill Inn
- Near Highway: Yes
Community
- Assoc. Fees Include: Gas, Hot Water, Maintenance Grounds, Parking, Pest Control, Sewer, Snow Removal, Security, Trash, Water
- Units Assoc/Comm: 11
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump, 1 Unit
- Heating Type: Baseboard, Electric, Heat Pump
Utilities
- Sewer: Connected, Septic Tank
- Water: Connected, Public, Water Tap Fee
- Utility Description: Sewer Connected, Underground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: Drywall, Shingle Siding
- Basement Desc.: None
- Windows: Thermal Windows
- Entry Floor Number: 3
- Entry Location: Third Floor or higher Access
- Stories/Levels: 5
- Building Size: 1000
- Square Feet: 1,000
- Living Area: 1,000 Sq. Ft.
- Finished Total: 1,000 Sq. Ft.
- Finished Above Grnd: 1,000 Sq. Ft.
- Year Built: 2006
Lot Features
- Property View: Saltwater, Water
- Lot Size (Acres): 0.4591
- Lot Size (Sq. Ft.): 20,000
- Lot Size: 20000
- Sidewalks: Yes
- Lot Features: Private, Secluded
- Fencing (Description): Security
Water Features
- Water View: Yes
- Water Front Desc.: Dock Access, River Front, Water Access, Walk to Water
Financial Considerations
- Association Fee: $770
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,549.76
- Tax Year: 2026
Disclosures and Reports
- Disclosures/Rstr.: Owner Has Flood Insurance
- Property ID: 38BAYSTW301WEST
- Lot Number: 1
Listed by Watch Hill Properties
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Schools
Schools serving 38 Bay St #W301
School District:Westerly School District
| Name | Grades | Distance |
|---|---|---|
Westerly Middle School 10 Sandy Hill Road, Westerly, RI 02891 | 5-8 | 4.5 mi |
Dunn's Corners School 8 1/2 Plateau Road, Westerly, RI 02891 | K-4 | 4.9 mi |
Westerly High School 23 Ward Avenue, Westerly, RI 02891 | 9-12 | 4.9 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 38 Bay St #W301
Date
Details
Price
Change
Source
7/16/2026
Listed
$2,800,000
250.44%
MLS
9/25/2020
Sold
$799,000
—
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 38 Bay St #W301
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,371
-22%
$896,000
7%
2024
$8,216
2%
$837,500
—
2023
$8,057
1%
$837,500
—
2022
$8,007
-16%
$837,500
2%
2021
$9,505
2%
$825,100
—
2020
$9,332
1%
$825,100
—
2019
$9,241
4%
$825,100
11%
2018
$8,847
3%
$744,700
—
2017
$8,631
-1%
$744,700
—
2016
$8,698
5%
$744,700
-3%
2015
$8,323
2%
$769,200
—
2014
$8,184
1%
$769,200
—
2013
$8,100
—
$769,200
—
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 38 Bay St #W301
38 Bay Street #W301, Westerly, RI 02891 (MLS# 1417980) is a Condo property with 2 bedrooms and 2 full bathrooms. 38 Bay Street #W301 is currently listed for $2,800,000 and was received on July 16, 2026. Want to learn more about 38 Bay Street #W301? 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.

