26 Richard Smith Rd, Narragansett, RI, 02882
About This Home
Bonnet Shores Opportunity Property! This water view updated home has a spectacular rental history both in season and off season. The current owners are working on approving these attached plans from Cordtsen Design Architects for a much larger new multi-level home. The new design will be ready for your builder to execute with your finish to taste! Located on a corner lot at the crest of a hill overlooking both Bonnet Shores Beach and Wesquage Pond, the new plan has a second level and a third level outdoor space. This will maximize the views and add tremendous value. The interior is fresh and inviting as a beach home and offers many updates, a screen room, large yard, and is located just a short walk from the Beach. Utilize or rent this summer while you get your builder lined up for this fall. The Bonnet Lifestyle is amazing, and this is located in the heart of it all! Note: This is the data input for existing home on site not newly designed home that can be built on this site.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Foundation: Mixed
- Construction materials: Clapboard
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Dishwasher,Dryer,Oven/Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Crawl Space,Bulkhead,Unfinished
Bathroom
- Features: Bath w Shower Stall
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Plumbing (Mixed)
- Flooring: Hardwood
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 768
Heating & Cooling
- Heating features: Electric,Baseboard
- Cooling features: None
Interior Area
- Total structure area: 768
- Total interior livable area: 768 sqft
Property
Details
- Parcel number: NARRMNSB371
Features
- Patio & porch: Screened
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Walk to Fresh Water,Walk to Salt Water
Lot
- Lot size: 5,227 sqft
- Features: Corner Lot
Parking
- Total spaces: 2
- 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
- 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 | $5,941 | $71,292 |
| Home Insurance * | $538 | $6,456 |
| Property Taxes | $649 | $7,788 |
| Electricity | $389 | $4,675 |
| Total | $7,517 | $90,204 |
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 |
|---|---|---|
| 2026-04-04 | Price change | $1,175,000 |
| 2025-04-04 | Listed for sale | $949,900 |
| 2022-08-19 | Sold | $720,000 |
| 2022-08-10 | Pending sale | $599,000 |
| 2022-07-13 | Contingent | $599,000 |
| 2022-07-06 | Listed for sale | $599,000 |
| 2021-06-01 | Sold | $560,000 |
| 2021-01-23 | Pending sale | $574,900 |
| 2020-12-14 | Listed for sale | $589,900 |
| 2020-08-07 | Listing removed | $1,600 |
| 2020-05-30 | Price change | $1,600 |
| 2020-04-16 | Price change | $2,900 |
| 2019-10-26 | Listed for rent | $1,550 |
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