46 Ottawa Trl, Narragansett, RI, 02882
About This Home
Location! Location! Location! Ideally situated in Bonnet Shores, this newer construction 5-bedroom, 4.5-bath home is just steps from Bonnet Beach Club and Kelly Beach, offering the perfect blend of coastal luxury and exceptional investment potential. The first floor features a spacious two-car garage, two bedrooms, a full bath, a dedicated laundry area, and a mudroom, ideal for storing beach gear after a day by the water. The second floor showcases a bright, open-concept living space filled with natural light. The expansive living, dining, and kitchen areas are perfect for entertaining and everyday living. The well-appointed chefs kitchen features premium cabinetry, top of the line stainless steel appliances, a large walk in pantry, private back deck and a convenient half bath. The third floor is home to a spacious primary suite, a covered back deck, along with two additional bedrooms each with its own private en-suite bath and a laundry room providing comfortable accommodations for family and guests alike. Outside, enjoy a large private backyard and an outdoor shower. Adding to its appeal, the property is already leased for the 2026 summer season and the 2026–2027 academic year at $6,000 per month, providing immediate, reliable rental income for investors.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2020
Materials
- Foundation: Concrete Perimeter
- Construction materials: Dry Wall,Shingles,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Tankless Water Heater,Dishwasher,Disposal,Microwave,Oven/Range,Refrigerator
Basement
- Basement: None
Bathroom
- Level: Third
Bathroom
- Level: Third
Bathroom
- Level: First
Bathroom
- Level: Second
Bedroom1
- Level: First
Bedroom2
- Level: First
Bedroom4
- Level: Third
Bedroom5
- Level: Third
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Dining Area
- Level: Second
Features
- Wall (Dry Wall),Plumbing (Mixed),Insulation (Ceiling),Insulation (Floors),Insulation (Walls),Ceiling Fan(s)
- Window features: Insulated Windows,Storm Window(s)
- Flooring: Ceramic Tile,Hardwood
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 3,000
Heating & Cooling
- Heating features: Bottle Gas,Central Air,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Kitchen
- Level: Second
Living Room
- Level: Second
Master Bedroom
- Level: Third
Mud Room
- Level: First
Other
- Level: Third
Other
- Level: First
Pantry
- Level: Second
Porch
- Level: Third
Porch
- Level: Second
Property
Details
- Parcel number: NARRMNRB1002
Features
- Patio & porch: Deck,Patio
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Access,Beach,Dock,Flood Insurance,Walk to Salt Water,Walk To Water
Lot
- Lot size: 10,301 sqft
- Features: Sprinklers
Parking
- Total spaces: 4
- Parking features: Attached,Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
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
- Lightning
- 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 | $11,630 | $139,560 |
| Home Insurance * | $1,054 | $12,648 |
| Property Taxes | $1,271 | $15,252 |
| Electricity | $610 | $7,331 |
| Total | $14,565 | $174,780 |
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 |
|---|---|---|
| 2026-07-17 | Price change | $2,299,999 |
| 2026-07-07 | Listed for sale | $2,499,999 |
| 2021-03-24 | Listing removed | -- |
| 2020-07-09 | Listing removed | $5,000 |
| 2020-06-13 | Listed for rent | $5,000 |
| 2018-06-28 | Sold | $300,000 |
| 2018-06-07 | Listed for sale | $299,900 |
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