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117 Canonchet Dr, Portsmouth, RI, 02871

3beds
3baths
2,022sqft
$849,999
$420price/sqft
$5,957/moest. monthly cost
$238,280/yrincome needed

About This Home

Tucked away in the heart of Portsmouth, 117 Canonchet Road offers the perfect blend of modern coastal living and everyday convenience. This three-bedroom, 2.5-bath home has been thoughtfully updated, featuring a brand-new roof, and a stunning, newly renovated kitchen. Whether you’re entertaining or creating a casual meal, the fresh finishes and bright atmosphere make this home feel instantly welcoming. The layout is designed for effortless flow, including a dedicated office space, and a coveted first-floor primary suite with sliding glass doors to step directly into the backyard. Perfect for morning coffee, evening relaxation, grilling and playing ball. Upstairs, the bedrooms provide plenty of space for family, guests or an office or gym. The location allows you to walk to dinner, coffee, shopping or to the high school. You are also just moments away from the beach, with the public access just down the street. Newport is 20 minutes away to dining, shopping and the historic "City by the Sea." Move into a refreshed home in one of Portsmouth's most accessible and sought-after spots. Spanning a total of 2,022 square feet, this home offers versatility thanks to its finished lower level. This 532-square-foot space serves as a dedicated recreation room, complete with a cozy fireplace and windows that overlook the backyard. Connected to the garage, this level also features a laundry room and a half bathroom, making it a functional and seamless extension of the home’s living space.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

10/10
Howard Hathaway SchoolGrades K-40.4 mi
8/10
Portsmouth Middle SchoolGrades 5-84.3 mi
9/10
Portsmouth High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven/Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Family Room,Utility

Bathroom

  • Features: Bath w Shower Stall, Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Stairs,Plumbing (Mixed),Ceiling Fan(s)
  • Flooring: Ceramic Tile,Hardwood,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Brick
  • Fireplace: Yes
  • Finished area below ground: 532
  • Finished area above ground: 1,490

Heating & Cooling

  • Heating features: Oil,Forced Water
  • Cooling features: None

Interior Area

  • Total structure area: 1,490
  • Total interior livable area: 2,022 sqft

Property

Details

  • Parcel number: PORTM031B0090
  • Zoning: R20

Features

  • Fencing: Fenced
  • Waterfront features: Beach,Walk to Salt Water,Walk To Water

Lot

  • Lot size: 0.29 Acres

Parking

  • Total spaces: 4
  • Parking features: Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Rhode Island Counties

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 $4,298$51,576
Home Insurance *$317$3,804
Property Taxes $931$11,172
Electricity $411$4,941
Total$5,957$71,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$204,240/yr
40% on housing$178,710/yr
45% on housing$158,853/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: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$420This listing

vs Other Active Listings

Avg $/sqft

ZIP 02871$458
Newport County$548

vs Homes Sold Last Month

Median $/sqft

ZIP 02871$395
Newport County$380

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
2026-07-15Listed for sale$849,999
2020-09-16Listing removed$2,400
2020-05-07Listed for rent$2,400
2017-09-07Listing removed$2,050
2017-09-01Listed for rent$2,050
2015-01-07Listing removed$2,050
2014-12-23Listed for rent$2,050
2003-02-20Sold$272,000
1998-09-01Sold$135,500
1992-07-16Sold$125,000

For Sale by Agent

AgentTracie Hall
BrokerageLila Delman Compass

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