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246 Channel Vw, Warwick, RI, 02889

5beds
5baths
4,978sqft
$4,695,000
$943price/sqft
$32,514/moest. monthly cost
$1,300,560/yrincome needed

About This Home

This exceptional waterfront residence on Greenwich Bay offers west-facing sunsets, a private dock (2018), and dramatic first-floor living designed for effortless coastal lifestyle. The open-concept kitchen, dining, and family room is anchored by a custom teak island and surfboard-style bar table, with a well-appointed kitchen featuring Wolf and Sub-Zero appliances, rich cherry hardwood floors, and Lutron motorized shades along the water-facing side. The first-floor primary suite is a serene retreat with a gas fireplace, luxurious bath with custom mahogany vanity, soaking tub with quartzite countertops, large walk-in closet, and private laundry. Midway up the staircase, a sun-drenched den is a true showstopper and versatile living space. Upstairs, four bedrooms are served by three full baths, two en suite, plus a finished bonus room. The lower level includes a temperature-controlled room and abundant space for expansion. Viessmann mechanicals, whole-house generator, and proximity to Donald Ross golf, tennis, pickleball, boating, and local coastal amenities complete this residence—a refined sanctuary defined by scale, design, and lifestyle.

Getting Around

6
WalkingCar-Dependent
19
TransitMinimal Transit
24
BikeSomewhat Bikeable

Schools

4/10
Warwick Neck SchoolGrades K-50.9 mi
7/10
Pilgrim High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Dry Wall,Shingles

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Partially Finished,Storage Space,Utility,Work Shop

Bathroom

  • Level: Third

Bathroom

  • Level: First

Bathroom

  • Level: Third

Bathroom

  • Level: Third

Bedrooms & Bathrooms

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

Den

  • Level: Third

Dining Area

  • Level: First

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Wall (Dry Wall),Cathedral Ceiling(s),Stairs,Wet Bar,Insulation (Ceiling),Insulation (Floors),Insulation (Walls),Central Vacuum
  • Flooring: Ceramic Tile,Hardwood,Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,978

Great Room

  • Level: Second

Heating & Cooling

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

Interior Area

  • Total structure area: 4,978
  • Total interior livable area: 4,978 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Master Bedroom

  • Level: First

Other

  • Level: Third

Other

  • Level: Third

Other

  • Level: Third

Other

  • Level: Third

Other

  • Level: First

Pantry

  • Level: First

Storage

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: WARWM382B0358L0000

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Access,Beach,Dock,Ocean Front,Saltwater Front,Walk to Salt Water,Walk To Water

Lot

  • Lot size: 1.25 Acres

Parking

  • Total spaces: 13
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $23,740$284,880
Home Insurance *$2,266$27,192
Property Taxes $5,495$65,940
Electricity $1,013$12,165
Total$32,514$390,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,114,765/yr
40% on housing$975,420/yr
45% on housing$867,040/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

$943This listing

vs Other Active Listings

Avg $/sqft

ZIP 02889$265
Kent County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02889$306
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
2026-04-03Listed for sale$4,950,000
2016-05-02Sold$1,625,000
2015-07-24Listed for sale$1,800,000
2015-02-15Listing removed$1,799,000
2014-02-16Price change$1,799,000
2014-01-16Price change$1,849,000
2013-11-17Listed for sale$1,899,000
2013-03-31Listing removed$2,195,000
2012-03-31Price change$2,195,000
2011-03-12Listed for sale$2,390,000
2010-10-02Listing removed$2,600,000
2010-04-02Price change$2,600,000
2010-02-25Listed for sale$2,900,000
2004-04-30Sold$1,750,000

For Sale by Agent

AgentAmy Doorley-Lucas
BrokerageMott & Chace Sotheby's Intl.

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