15 N Water St, Portsmouth, RI, 02871
About This Home
Coastal property with move-in ready cottage style home, sauna and future possibilities. Welcome to 15 North Water Street in Portsmouth's desirable Common Fence Point neighborhood. This refreshed two bedroom, one bath cottage offers updated flooring, fresh finishes, new kitchen appliances, a stackable washer and dryer, efficient mini split, and a fireplace. Outside, enjoy a large storage shed, private driveway, and a brand new custom built locally crafted sauna included in the sale. Just moments from Mount Hope Bay and the Sakonnet River, with nearby marinas, parks, the Common Fence Point Community Center, and convenient to Bristol, Tiverton, and Island Park. Set on a generous lot sold with the home and sauna, this property offers flexibility and comfort in a waterfront community.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Block,Concrete Perimeter
- Construction materials: Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Dishwasher,Dryer,Oven/Range,Refrigerator,Washer
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood,Laminate,Marble
- Number of fireplaces: 1
- Fireplace features: Marble
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 748
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 748
- Total interior livable area: 748 sqft
Property
Details
- Parcel number: PORTM002B0143
Features
- 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: 0.28 Acres
Parking
- Total spaces: 6
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,413 | $40,956 |
| Home Insurance * | $252 | $3,024 |
| Property Taxes | $739 | $8,868 |
| Electricity | $389 | $4,675 |
| Total | $4,793 | $57,516 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Price change | $675,000 |
| 2026-07-24 | Listed for sale | $699,000 |
| 2023-05-02 | Sold | $375,000 |
| 2023-02-14 | Pending sale | $398,000 |
| 2023-01-31 | Contingent | $398,000 |
| 2022-08-31 | Price change | $398,000 |
| 2022-07-05 | Listed for sale | $425,000 |
| 1998-11-02 | Sold | $97,500 |
| 1998-06-18 | Sold | $49,000 |
View on Zillow