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111 Charlotte Dr, Warwick, RI, 02818

2beds
1baths
708sqft
$1,250,000
$1,766price/sqft
$8,630/moest. monthly cost
$345,200/yrincome needed

About This Home

COASTAL LIVING AWAITS YOU: Rare Prime Waterfront Lot in Potowomut, located in the desirable Sandy Point neighborhood. This parcel is ready for its next chapter for you to enjoy an intimate waterfront lifestyle on this stunning oceanfront lot. With direct water access and a prime location, the site is perfectly positioned for a significant new build and your own private dock. Whether you envision a modern glass retreat or a classic coastal estate, this lot provides the space and the setting. The existing 1950 structure is of nominal value, making this an ideal site for new construction. Property is a short ride to championship golf courses, private schools, and fabulous restaurants on Main Street in East Greenwich. Being sold AS IS, with no approvals.

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
36
BikeSomewhat Bikeable

Schools

5/10
Cedar Hill SchoolGrades K-53.0 mi
5/10
5/10
Toll Gate High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Slab
  • Construction materials: Dry Wall,Paneled,Wood Wall(s),Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Basement: None

Bathroom

  • Features: Bath w Shower Stall

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Wall (Dry Wall),Wall (Paneled),Wall (Wood),Plumbing (Mixed),Insulation (Unknown)
  • Flooring: Laminate,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Brick
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 708

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 708
  • Total interior livable area: 708 sqft

Property

Details

  • Parcel number: WARWM201B0132L0000
  • Foundation area: 783

Features

  • On waterfront: Yes
  • Waterfront features: Waterfront,Beach,Ocean Front,Saltwater Front

Lot

  • Lot size: 5,797 sqft

Parking

  • Parking features: No Garage

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

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 $6,320$75,840
Home Insurance *$458$5,496
Property Taxes $1,463$17,556
Electricity $389$4,675
Total$8,630$103,560
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$295,885/yr
40% on housing$258,900/yr
45% on housing$230,133/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,766This listing

vs Other Active Listings

Avg $/sqft

ZIP 02818$353
Kent County$249

vs Homes Sold Last Month

Median $/sqft

ZIP 02818$278
Kent County$267

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
2026-04-07Listed for sale$1,250,000

For Sale by Agent

AgentPaul Z Zanecchia
BrokerageZ Realty

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