What You Can Buy for $700,000 in Rhode Island

Looking for the right house at the right price? Not easy in today’s high-demand real estate market.

The folks at Mott & Chace Sotheby’s International have selected a collection of homes from across the region in the $700,000 price range.

Take a tour.

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42 Park Avenue | Warwick | $799,900
Listed by Katina Lemme

Tranquility and peace! Walk down the abutting path, strolling through a bird sanctuary, to beach access with stunning ocean views right from your home. Unique opportunity to own a legal multi-family zoned home and cottage, beach access to Long Meadow Fishing Area/Beach with a great location for kayaking. Completely renovated and rebuilt in 2007 with an addition added on, here are just some of the features of this custom home. Oversized lot with 3 to 5 possible beds, 4 1/2 baths, huge master bedroom with a gorgeous walk-in closet, hardwoods throughout, mahogany trim throughout, sprinklers, radiant heat flooring including floor of 2 car oversized garage, 27′ x 29′ great room/media room, wired for surround sound in living room/master bedroom/great room, 8 outside water spigots including one near garage offering hot and cold water, solar heat is almost ready to use with a few updates, two 220 amp circuits in garage for possibly electric car charging station, generator hookup available, even heated wall tile in master bedroom shower! Don’t miss your opportunity to view this very special property. Includes a full in-law or 1-bed cottage with 3 separate entrances, for rental income of approximately $15,000 annually.

283 Middle Highway | Barrington | $669,000

Listed by Ben Scungio

Classic four-bedroom, two-bath colonial with spacious eat-in kitchen, replacement Pella windows, recently installed a/c, roof, and generator. The first floor offers a generous living room with a gas fireplace and dining room. The second floor offers 4 bedrooms. Hardwood floors throughout the first and second floor. Entertaining is easy with the oversized private backyard with an in-ground pool and patio. The partially finished basement is perfect for storage or a workout area. The bike path is within 2-minutes and the beach is a short 5-minute drive.

27 Oak Forest Drive | Little Compton | $699,000

Listed by Kim Marion

An amazing opportunity to live in a private retreat in the highly coveted Oak Forest neighborhood in this story-book Dennis Talbot home! Talbot homes are well-known as a gold standard of quality construction in Little Compton. You will embrace the beauty of every season surrounded by numerous walls of windows, cathedral ceilings with natural wood beams, and a glassed three-season room opening to a large deck. The focal point of the living room is a massive wood-burning brick fireplace. Additionally, enjoy the warmth of the wood stove in the dining area. The first-floor bedroom overlooks a tree-lined street and stone walls. Upstairs you will find the primary suite, walk-in closet, full bath, and loft office space with clever built-in storage. Just minutes to the beach and town Commons, farm stands, and the trails at Simmons Mill Pond, you’ll enjoy the best that Little Compton has to offer. Situated on nearly 4-acres in a wonderful neighborhood, you can walk and meet your neighbors while still having the peace and quiet you expect in the country. The lovely acreage surrounding the house creates the perfect summer retreat or full-time residence for the nature lover. The home features too many upgrades to list; including a 40-year roof with warranty, Anderson skylights, propane heating system, Kohler generator with OnCue Monitoring System, AcquaScience water filtration system, Pioneer Dehumidifying System, and ADT Security system.