48 Ln 5

Off Market

48 Ln 5

Warwick RI 02888

742 sq. ft.

Single-Family

Last sold for $272,000

Regina Hosey, last sold this property on 02 September 2025 after 34 days on market.

Overview

Picture-perfect coastal cottage in Gaspee Point! Fully updated and adorned with a picket fence and window boxes, this turnkey home features an open and airy interior with vaulted ceilings and abundant natural light - perfectly suited for relaxed coastal living. The two-tier kitchen island is thoughtfully designed to maximize counter space and storage, offering a raised counter for seating and conversation, and a lower level for prep while entertaining. You'll also find an updated bath, laundry area, and a dedicated home office space that could be used as a convenient mudroom, if preferred. Step outside into the spacious, fully fenced-in back yard, and enjoy the ocean breeze from the shaded deck or patio. Two sheds complete the outdoor space - one for storage and the other offering potential as a workspace or creative studio. With a new roof and just a short walk to the public beach, this home makes coastal living easy and enjoyable. Located on leased land.

Features

2 bedrooms

1 bathroom

4 carspaces

742 sq. ft. floor area

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Warwick over the last 12 months, the estimated median property value of 48 Ln 5 is $405k.

Median value

$405k

Estimated value range

$270k - $795k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Warwick. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 48 Ln 5

2025

Sold

$272,000

02 Sep 2025 by Regina Hosey, of Williams & Stuart Real Estate

2021

Sold

$180,000

17 Nov 2021 by Paula Dickson-Rando, of Jack Conway & Co Inc.

2018

Sold

$99,900

13 Apr 2018 by Perry Caruso GRI,CBR,SRES,ABR, of REMAX One | Cranston

Happy sellers in Warwick

<50%

Less than 50% of sellers in Warwick reported that their sale price either exceeded or met their price expectations.

Warwick stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Warwick over the last 12 months.

Local market activity for 2 bedroom single-family properties in Warwick

In the last 12 months, 49 two-bedroom single-family properties similar to 48 Ln 5, have been sold.

This represents a 20% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Warwick for a market analysis.

Jeff St Germain

at Keller Williams Coastal

(115 reviews)

Get a market analysis

Rhonda Sasa

(19 reviews)

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Elizabeth Alexander

at RI Real Estate Services

(7 reviews)

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Barry Rafanelli

at Williams & Stuart Real Estate

(26 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Warwick

Jeff St Germain

Sellers who recommend Jeff St Germain have praised them for being local expert, clear communication, responsive, supportive, friendly, pleasant, and great negotiation