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815 Ocean Rd, Narragansett, RI, 02882

4beds
5baths
2,768sqft
$4,695,000
$1,696price/sqft
$29,049/moest. monthly cost
$1,161,960/yrincome needed

About This Home

Welcome to The Avalon Collection in Narragansett — an exclusive enclave of three custom homes steps from one of Rhode Island’s most iconic walkable beaches and the scenic trails of Black Point. 815 Ocean Road is the first residence to rise along this coveted stretch of coastline, offering a modern coastal retreat that blends architecture, lifestyle, and location. Developed by David James Custom Homes and built by Davitt Design and Build, this home will showcase refined architecture and timeless design. Open living spaces with cathedral ceilings, multiple fireplaces, oversized windows, and a professional-grade kitchen define the interior, complemented by smart-home systems, custom millwork, and energy-efficient construction. Natural light will pour through every space, blurring the line between indoors and out, with the coastline feeling like an extension of the home. Outdoors, a resort-style oasis will feature a private pool, spa, stone terraces, outdoor fireplace, and a cabana with an outdoor kitchen perfect for sunset gatherings. Buyers may personalize finishes and customize details, with early buyers enjoying special introductory pricing. Opportunity to purchase with the adjoining lot to offer 100 ft of frontage. Subject to local and state approvals. Experience future coastal luxury, craftsmanship, and serenity at The Avalon Collection.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
Narragansett Pier SchoolGrades 5-82.4 mi
10/10
Narragansett High SchoolGrades 9-122.5 mi
9/10

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Plaster,Shingles,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Dishwasher,Dryer,Range Hood,Microwave,Oven/Range,Refrigerator,Washer

Basement

  • Basement: None

Bathroom

  • Features: Bath w Shower Stall

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Wall (Plaster),Cathedral Ceiling(s),Stairs,Plumbing (Mixed),Insulation (Ceiling),Insulation (Floors),Insulation (Walls),Ceiling Fan(s)
  • Window features: Insulated Windows
  • Flooring: Ceramic Tile,Hardwood
  • Number of fireplaces: 3
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,768

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Gas Connected,Hydro-Air,Zoned
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,768
  • Total interior livable area: 2,768 sqft

Property

Details

  • Parcel number: NARRMSB105

Features

  • Pool features: In Ground
  • Patio & porch: Deck,Patio,Porch
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Beach,Walk to Salt Water,Walk To Water

Lot

  • Lot size: 8,485 sqft

Parking

  • Total spaces: 4
  • Parking features: Attached,Garage Door Opener,Integral
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Fire
Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $23,740$284,880
Home Insurance *$2,152$25,824
Property Taxes $2,594$31,128
Electricity $563$6,764
Total$29,049$348,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$995,965/yr
40% on housing$871,470/yr
45% on housing$774,640/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,696This listing

vs Other Active Listings

Avg $/sqft

ZIP 02882$661
Washington County$610

vs Homes Sold Last Month

Median $/sqft

ZIP 02882$570
Washington County$360

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-25Listed for sale$4,695,000
2025-11-06Listing removed$4,695,000
2025-11-05Listed for sale$4,695,000

New Construction

AgentSheil Readyhough Team
BrokerageSerhant New England

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