Back 50 Lane 1
Off Market

50 Lane 1

Warwick RI 02888

2
2
2
680 sq. ft.
Other
Last sold for $265,000
Sheridan GroupSheridan Group, last sold this property on 15 August 2025 after 268 days on market.

Overview

BIG REDUCTION! Wow all rebuilt and cute as a button! What a LOCATION!! Welcome to Gaspee Point -a quaint private community with private beach access for swimming, sunbathing or long walks, stunning sunrises or exploration of Narragansett Bay. This cozy completely renovated 2 bed, 1.5 bath cottage is just steps to RI's shoreline. This comfortable snug home has been rebuilt from the ground up including new roof, luxury vinyl flooring, new windows/exterior doors, 1.5 trendy baths, cheery kitchen with stainless appliances, new heating and central air, new electrical, plus more! Absolutely nothing to do but move in and enjoy this oasis along Narraganset Bay. A wonderful opportunity for those looking to downsize. Centrally located just 15 minutes to Providence and five minutes to T.F. Green Airport. Close to Pawtuxet Village shops and restaurants. Don't miss this opportunity to own in one of RI's lovely beach communities. Perfect year-round living or as a summer get-away. Property is located on leased land. Pets are welcome. The lease fee is $566 per month which includes a 91.00 sewer assessment. Buyers must be approved for residency from association.

Features

2 bedrooms
2 bathrooms
2 carspaces
680 sq. ft. floor area
Other

Estimated Value

Based on this property and similar 2 bedroom other properties sold in Warwick over the last 12 months, the estimated median property value of 50 Lane 1 is $317k.

Median value
$317k
Estimated value range
$265k - $400k
Median days on market
24
Estimated value trend
-1%
decrease 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 50 Lane 1

2025
Sold
$265,000
15 Aug 2025 by Sheridan Group, of Abbott Properties, LLC

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 other properties in Warwick

In the last 12 months, 3 two-bedroom other properties similar to 50 Lane 1, have been sold.

This represents a 20% increase in two-bedroom other properties sales when compared to the previous 12 months.

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