Narragansett Homes under $500,000

Narragansett Homes under $500,000

Welcome to Narragansett, Rhode Island—a coastal gem nestled in Washington County that offers a perfect blend of scenic beauty, vibrant community, and rich history. Known for its stunning beaches, charming downtown, and a welcoming atmosphere, Narragansett is the ideal destination for those seeking a serene lifestyle by the sea. With its picturesque coastline, including the popular Narragansett Town Beach and the iconic Point Judith Lighthouse, outdoor enthusiasts will find endless opportunities for swimming, surfing, and enjoying breathtaking sunsets.

One of the most appealing aspects of Narragansett is its diverse real estate market, particularly for those looking for homes under $500,000. Here, you can discover a variety of charming properties that cater to different lifestyles—whether you're searching for a cozy beach cottage, a modern condo, or a quaint single-family home. These affordable options allow buyers to embrace the Narragansett way of life without breaking the bank.

The community is not just about beautiful homes and stunning views; it also boasts excellent schools, vibrant local businesses, and a plethora of recreational activities. From the bustling farmers' market to the scenic bike paths, there’s something for everyone. With a strong sense of community and a wealth of amenities, Narragansett truly offers a unique coastal living experience.

Whether you're a first-time buyer, looking for a vacation home, or considering a move to this idyllic town, explore the opportunities that await you in Narragansett. Your dream home by the sea is just a step away!

Newest Narragansett Homes under $500,000

190 Clarke Road Unit 101, Narragansett
$209,790
2 Beds ⋅ 1 Baths
Discover affordable coastal living at 190 Clarke Road, Unit 101. Within walking distance of Scarborough Beach and close to Point Judith, this ground level, 1,073-square-foot condominium offers 2 bedrooms, 1 full bath, and an open kitchen with appliances flowing into the dining and living areas. Large, north-facing living room windows welcome natural light. Ready for refreshing and your personal touches, the home is offered as is. Enjoy Narragansett's sandy shores, seaside dining and scenic Ocean Road, with Galilee's fishing village, fresh seafood and Block Island ferry nearby. Beach days, coastal strolls and South County charm await. This affordable, age-restricted condominium requires buyers to be age 55+ and own no other property. Gross household income cannot exceed 80% of Area Median Income (AMI), adjusted for household size, under current HUD Providence-Fall River RI-MA HMFA income guidelines; use the top grid in the provided income guidelines. Proof of funds must accompany offers. After initial income eligibility is confirmed and a purchase and sale agreement is signed, contingent upon the buyer meeting income requirements, the buyer will receive the resale application packet. The completed application and all supporting documentation must be mailed or hand-delivered to the administering office. Electronic application submissions are not accepted. Contact the listing agent for income guidelines, application details and guidance on this coastal homeownership opportunity.

190 Clarke Road Unit 101, Narragansett

Listing courtesy of Ann O'Brien Realty. Contact:

64 Burnside Avenue 46, Narragansett
$246,000
1 Beds ⋅ 1 Baths
NEWER COTTAGE PERFECTLY POSITIONED ON A CORNER LOT IN DESIRABLE KNOWLES CAMP ACROSS FROM SCARBOROUGH STATE BEACH WHICH IS A 5 MIN WALK. THIS HOME IS A SHORT DISTANCE TO SOME OF SOUTHERN RI'S MAIN ATTRACTIONS! NEWPORT; BLOCK ISLAND AWAIT! THIS HOME BOASTS AN OPEN FLOOR PLAN WITH CATHEDRAL CEILINGS! FIRST FLOOR HAS A PRIVATE BEDROOM WITH DOUBLE CLOSETS, AN UPPER LOFT AREA FOR SLEEPING OR STORAGE. THIS PROPERTY INCLUDES A FULL SIZE REFRIGERATOR, STOVE, MICROWAVE, NEW SLAT WINDOW BLINDS, ON DEMAND HOT WATER HEATER, AND AN EXTRA LARGE 20X22 STONE PATIO ON THE OCEAN SIDE OPENS UP ENTERTAINING POSSIBILITIES! PRIVACY FENCING AROUND THE PATIO IS ALLOWED. NO FLOOD INSURANCE NEEDED! ***SEASONAL FROM MAY 1 TO OCT. 15. NO RENTALS.

64 Burnside Avenue 46, Narragansett

Listing courtesy of O'Keefe and Company. Contact:

39 Green Kinyon Driftway, Narragansett
$469,900
2 Beds ⋅ 1 Baths
Bring your contractor and vision to unlock the potential of this 2-bedroom, 1-bathroom Ranch set within a convenient Narragansett location offering close proximity to all of your local favorites! Just minutes from Galilee, Point Judith, Scarborough State Beach, shopping, and local restaurants, the location delivers the best of coastal living and everyday amenities. Whether you envision refreshing the existing footprint or creating your dream beach house, this is your opportunity to embrace the quintessential Narragansett lifestyle at an exceptional value. Enjoy water access just around the corner in the neighborhood, perfect for launching a kayak, paddleboard, or simply soaking in the picturesque water views surrounding this walkable community. A unique opportunity for those seeking a lucrative investment, Summer escape, or year-round residence. Make your coastal vision a reality at 39 Green Kinyon Driftway- Call today for a private showing! *Sewer connection available on the street, aprox. 275ft +/- away for sewer tie in. Sold As Is.

39 Green Kinyon Driftway, Narragansett

Listing courtesy of Flagship Real Estate Advisors. Contact:

64 Burnside Avenue 59, Narragansett
$260,000
1 Beds ⋅ 1 Baths
Plain and Simple...this is THE PERFECT COTTAGE in an IDEAL BEACH COMMUNITY. Located just two blocks from Scarborough Beach, the setting of Knowles Camp is hard to beat - views and sounds of the ocean without the worry and added expense of proximity to the water! Enjoy over 500 square feet of smartly designed space for relaxation and entertainment. You will start with a WOW as you enter the "great room" equipped with cathedral ceilings, large windows, overhead fans, sliders to the deck - and so much space dedicated to gathering. An open kitchen that's fully equipped for cooking and storage. The back side of the home contains the sleeping quarters - with 3 built in bunks in one room and a separate primary bedroom in the other. Maximum efficiency for those long summer days that turn into overnights! Full bathroom connected to sewer, Washer/Dryer in unit, wrap-around back deck, outdoor rinsing shower, loft storage above kitchen and even access from inside to crawl space below the unit. The space and location of #59 will be hard to beat. "Buy the beach house...YOU KNOW YOU WANT IT" - call for an appointment today!

64 Burnside Avenue 59, Narragansett

Listing courtesy of RE/MAX Town & Country. Contact: kathyfarrell3@gmail.com
271 Great Island Road E, Narragansett
$275,000
2 Beds ⋅ 1 Baths
Charming fully furnished beach cottage offering the perfect coastal getaway or investment opportunity! This 5-room cottage features 2 bedrooms, open floor plan, and comfortably sleeps 7. Enjoy stunning sunsets from the wraparound deck and all the charm of seaside living just 500 steps to the beach. Walk to local restaurants, fishing, and the Block Island Ferry. Exterior features maintenance-free vinyl siding with attractive vinyl shingles and clapboard, outdoor shower, public water and sewer, and architectural shingle roof approximately 8 years old. Excellent rental income potential with furnishings included, making this truly turnkey. Whether you're looking for a summer retreat, vacation rental, or possibly a year-round coastal escape, this cottage offers it all in an unbeatable location! This home currently has a 4 year lease for the land at $10,000 year. Cash buyers only The Seller has a contractual interest in this property but is not the legal owner.

271 Great Island Road E, Narragansett

Listing courtesy of CENTURY 21 Stachurski Agency. Contact:

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