Price Reduced 8.00%

$459,900 ($362.41 per sqft)

Est. Mortgage $2,176/mo *

Quick Pre-Approval

Price History

$499,900
1/13/2026

$459,900
1/28/2026


40 Lane 1, Warwick, RI, 02888

40 Lane 1, Warwick, RI, 02888

5 rooms

1 beds

1 Full baths

1935

Cape Cod

1,269 sqft

Ready for a private coastal community lifestyle?! This charming Cape-style home, nestled on leased land in the highly coveted Gaspee Point on Narragansett Bay, offers a 1-bdrm converted from an original 2-bdrm, a finished attic w/storage, a full bath, and 1,292 sqft of radiant, open living space crafted for your ultimate comfort. With oversized skylights, every room is flooded with natural light, creating an inviting and uplifting atmosphere. Enjoy stunning seasonal views of the tranquil cove, adding a layer of serenity to everyday life. The beautifully updated kitchen, with stainless steel appliances and chic finishes, seamlessly transitions into the expansive living area, making it a perfect setting for entertaining friends and family. Step outside to the spacious backyard, complete with a natural gas line for grilling ideal for summer barbecues and cozy evenings stargazing. Additional features include an oversized 1-car garage and a practical shed with a sewer & water line already in place, ready for connection, providing ample storage/workshop potential/future expansion. Situated in a serene neighborhood, this home is just a leisurely stroll from the picturesque Gaspee Point Beach and is conveniently located near restaurants and shopping in Pawtuxet Village, TF Green Airport for easy travel, and much more! This isn't just a house; it's an invitation to embrace the coastal lifestyle you've always envisioned! Don't miss your chance to make this enchanting place your own!


Status:

Active

Type:

Single-family residential

Zoning:

RES

Subdivision:

Gaspee Point

Garage:

1-car Detached, Garage

Heating:

Gas, Hot Water

Cooling:

Central Air

Basement:

Crawl Space, Unfinished

Parking:

6-car

Common Charge:

$481 Monthly

Est. Taxes:

$5,526

Assessment

$435,100

HOA Fee

$481

Construction

Drywall,Plaster,Vinyl Siding

Utilities

Sewer Connected

Amenities:

Highway Access, Marina, Near Schools, Pool, Public Transportation, Restaurant, Shopping

Days on Market:

38

Appliances:

Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer

MLS #:

1403175


Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Siry Realty 401-214-2505