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$2,200,000 Just Listed
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Property Description
MISQUAMICUT BEACH cottage set on 0.42 acres, currently configured as a two-family beachfront property. A great opportunity to create your own coastal retreat in a prime location. This home has been cherished by the same family for many years and has also functioned as a successful rental, with bookings in place for the 2026 summer season. The main level features a spacious deck, ideal for relaxing or casual outdoor dining after a day at the beach. Inside, you'll find two bedrooms, one full bath, and a living room with a large window overlooking the ocean, with views stretching toward Block Island. The walkout lower level includes two additional bedrooms, a full bath, kitchen, and family room, offering flexible space for guests or extended stays. Use this as a canvas to create your own beachfront escape and enjoy this well-loved location for years to come.
Full Property Details
Full Property Details for 497 Atlantic Ave
General
- Price: $2,200,000
- Taxes: $12,777 (2025)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1411646
- Updated: 5/4/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 6
- Fireplace(s): None
- Appliances: Gas Water Heater
- Flooring: Other, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Deck
- Porch/Patio/Deck: Deck
Parking
- Total Spaces: 8
- Parking Features: No Garage
Location
- County: Washington
- Subdivision: MISQUAMICUT BEACHFRONT
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Septic Tank
- Water: Connected
Structural Information
- Architectural Style: Cabin
- Detached/Attached: Detached
- Construction: Shingle Siding
- Basement: Yes
- Basement Desc.: Full, Partially Finished, Walk-Out Access
- Stories/Levels: 2
- Building Size: 1700
- Square Feet: 1,700
- Living Area: 1,700 Sq. Ft.
- Finished Total: 1,700 Sq. Ft.
- Finished Above Grnd: 980 Sq. Ft.
- Finished Below Grnd: 720 Sq. Ft.
- Year Built: 1957
- Property Condition: Fixer
Lot Features
- Property View: Water
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,295
- Lot Size: 18295
- Lot Features: Waterfront
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Front, Walk to Water, Waterfront
Financial Considerations
- Tax Amount: $12,777
- Tax Year: 2025
Disclosures and Reports
- Property ID: 497ATLANTICAVWEST
- Lot Number: 24
Listed by Lila Delman Compass
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Schools
Schools serving 497 Atlantic Ave
School District:Westerly School District
| Name | Grades | Distance |
|---|---|---|
Dunn's Corners School 8 1/2 Plateau Road, Westerly, RI 02891 | K-4 | 1.4 mi |
Westerly Middle School 10 Sandy Hill Road, Westerly, RI 02891 | 5-8 | 1.5 mi |
Westerly High School 23 Ward Avenue, Westerly, RI 02891 | 9-12 | 3.9 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 497 Atlantic Ave
Date
Details
Price
Change
Source
5/04/2026
Listed
$2,200,000
—
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 497 Atlantic Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,777
1%
$1,797,100
40%
2024
$12,616
2%
$1,286,000
—
2023
$12,371
1%
$1,286,000
—
2022
$12,294
6%
$1,286,000
28%
2021
$11,590
2%
$1,006,100
—
2020
$11,379
1%
$1,006,100
—
2019
$11,268
4%
$1,006,100
10%
2018
$10,850
3%
$913,300
—
2017
$10,585
-1%
$913,300
—
2016
$10,667
6%
$913,300
-2%
2015
$10,069
2%
$930,600
—
2014
$9,902
1%
$930,600
—
2013
$9,799
—
$930,600
—
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 497 Atlantic Ave
497 Atlantic Avenue, Westerly, RI 02891 (MLS# 1411646) is a Single Family property with 4 bedrooms and 2 full bathrooms. 497 Atlantic Avenue is currently listed for $2,200,000 and was received on May 04, 2026. Want to learn more about 497 Atlantic Avenue? Do you have questions about finding other Single Family real estate for sale in Westerly? You can browse all Westerly real estate or contact a Coldwell Banker agent to request more information.

