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Watch Hill RI Multi-Family Homes

215 Watch Hill RD Westerly RI 02891

Westerly, RI215 Watch Hill RD

Price$3,395,000The price has recently decreased

Est. Mortgage: $/month

MLS Number 1276702

  • Multi Family
  • MlsStatus Active
  • Bedrooms 6
  • Water View

This one-of-a-kind home is less than a mile from Atlantic Ocean beaches, Watch Hill's quaint seaside village, and the distinguished Ocean House. Own a part of history on the corner of Watch Hill Road and Foster Cove Road with year-round water views. The Powers family saved this structure from being demolished and had it moved from Massachusetts to Watch Hill in 1915, where it was reconstructed into the “Windover” mansion. Later known as the “Lion Gate Inn,” this property has 19th Century character with modern appeal. This is an ideal spot for a family retreat, “corporate” get-away, or for an investor with a taste for history and making all things possible.The owner's living quarters offers privacy that captures the essence of graceful simplicity that stands the test of time. Absorb enchanting sunsets from a screened-in porch, one of the two decks, or throughout the kitchen and living areas. Luxurious master suite and an on-suite bedroom also have custom built-in closets. There is potential here for separate guest quarters, returning property back to its original grandeur, or to continue use for rental income. These much sought after apartments are tucked into and around the perimeter of the building and offer four 1-bedroom, 1-bath studios that come with a strong rental history. Plenty of spaces in this home to relax, work, and live! Come and be captivated by this turn-key opportunity, summer or year-round, located just minutes from downtown Westerly.

Listed by Friend of Mott & Chace Sotheby's Intl.

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Seaboard Properties
108 Water St
Stonington CT, 06378
Office: (860) 535-8364

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.96% last updated on 2021-05-06

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