16 Courtway St, Narragansett, RI, 02882
About This Home
Imagine walking to Narragansett Town Beach for your morning coffee, spending afternoons on the sand, and ending the day at some of Rhode Island's best waterfront restaurants—all just moments from your front door. Perfectly positioned in the heart of Narragansett Pier, 16 Courtway Street offers one of the area's most coveted locations and a rare opportunity to create a truly exceptional coastal residence. Set on a desirable corner lot, this 4-bedroom Colonial combines timeless New England character with remarkable potential. The spacious layout includes multiple living areas, a dedicated home office, a two-car garage, and flexible space for a private guest suite or income-producing ADU (subject to approvals). Original architectural details provide the perfect foundation for a thoughtful renovation tailored to your vision. Whether you're searching for a luxury year-round residence, an exceptional vacation home, or a premier investment in one of Rhode Island's most sought-after beach communities, opportunities like this are increasingly rare. Enjoy the best of Narragansett living with Town Beach, boutique shopping, renowned restaurants, marinas, and the vibrant Pier district just a short walk away. Bring your vision and transform this exceptional property into a signature coastal home in one of Rhode Island's most desirable seaside neighborhoods.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Concrete Perimeter
- Construction materials: Dry Wall,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished
Bathroom
- Level: First
Bathroom
- Level: Second
Bedroom1
- Level: Second
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Family Room
- Level: First
Features
- Wall (Dry Wall),Plumbing (Mixed),Insulation (Ceiling),Insulation (Floors),Insulation (Walls)
- Flooring: Ceramic Tile,Hardwood
- Number of fireplaces: 2
- Fireplace features: Brick
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,986
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,986
- Total interior livable area: 1,986 sqft
Kitchen
- Level: First
Living Room
- Level: First
Office
- Level: First
Sun Room
- Level: First
Property
Details
- Parcel number: NARRMDB28
- Zoning: R-10
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Walk to Salt Water,Walk To Water
Lot
- Lot size: 10,018 sqft
Parking
- Total spaces: 8
- Parking features: Detached
- 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
- 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 | $7,832 | $93,984 |
| Home Insurance * | $710 | $8,520 |
| Property Taxes | $856 | $10,272 |
| Electricity | $404 | $4,853 |
| Total | $9,802 | $117,624 |
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 |
|---|---|---|
| 2026-07-21 | Price change | $1,549,000 |
| 2026-06-02 | Listed for sale | $1,590,000 |
| 2026-04-01 | Listing removed | $1,749,900 |
| 2025-12-12 | Listed for sale | $1,749,900 |
| 2025-12-12 | Listing removed | $1,750,000 |
| 2025-10-23 | Listed for sale | $1,750,000 |
| 2024-08-01 | Listing removed | -- |
| 2024-06-11 | Listed for sale | $1,529,000 |
| 2024-06-10 | Listing removed | -- |
| 2024-03-11 | Listed for sale | $1,590,000 |
| 2024-02-21 | Listing removed | -- |
| 2023-11-20 | Listed for sale | $1,590,000 |
| 2023-07-29 | Listing removed | -- |
| 2023-05-20 | Listed for sale | $1,590,000 |
| 2020-06-01 | Listing removed | $925,000 |
| 2020-02-19 | Listed for sale | $925,000 |
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