Why Waterfront?

 

 

 

Bellevue Realtors, Real Estate, Newport, RI, click for home page

65 Bellevue Avenue
Newport, Rhode Island 02840
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Excellent Long-Term Appreciation

Current Spectacular Values

Rhode Island Waterfront Real Estate offers one of the Best Values and demonstrates Long Term investment merit, even compared to Non-Real Estate Investments. Consider that over the 8 year period 2000-2008, the average sales price and average price per square foot of RI waterfront homes have doubled (that's a 10% compounded annual return). Now during the current economic downturn, RI waterfront real estate offers spectacular opportunities not seen in nearly a decade(see detailed spreadsheet below).

Bellevue Realtors has been selling waterfront properties throughout the State for more than 35 years and the Broker/Owner, has lived, worked and played in most RI Coastal Communities. WHEN WE ARRANGE SHOWINGS, WE WILL BE YOUR BUYER'S AGENT, AND REPRESENT YOUR INTERESTS TO GET YOU THE BEST DEAL POSSIBLE (We have more than 35 Years Experience). OUR FEE WILL BE PAID BY FROM THE SELLER'S PROCEEDS NOT FROM THE BUYER'S!! (Click here to learn more)

We will be happy to give you a personal tour of the Waterfront Communities available here pointing out the subtleties, nuances and advantages to you of each community. (See profiles on RI Towns and Villages at very bottom of the page)

Click the links below or the towns on the map at right to search Waterfront listings in specific areas, which may take a few seconds to perform the search. You'll be surprised that you don't need to spend Millions to live and invest on the Rhode Island waterfront, UNLESS you want to, of course!

• Westerly/Watch Hill

• Jamestown

• Charlestown

• Newport

• South Kingstown

• Middletown

• Narragansett

• Portsmouth

• North Kingstown

• Bristol

• East Greenwich

• Tiverton

• Warwick

• Little Compton

• Warren

• Barrington

(may take a few secords to perform the search)

Click on Town To Search Waterfront Listings

Map of Rhode Island Search waterfront for Westerly and Watch Hill, RI Search Waterfront listings in Jamestown, RI Search for waterfront properties in Charlestown, RI Search for Waterfront properties in Newport, RI Search for Waterfront Properties in Middletown, RI Search for Waterfront properties in Portsmouth, RI including Prudence and Hog Islands Search for waterfront properties in North Kingstown, RI Search for waterfront properties in Narragansett, RI Search for waterfront property in South Kingstown, RI Search waterfront for Little Compton, RI Search waterfront for Tiverton, RI Search waterfront for Bristol, RI Search waterfront for East Greenwich, RI Search waterfront for Warwick, RI Search waterfront for Warren, RI Search waterfront for Barrington, RI

Waterfront Properties average selling price

Southern Rhode Island Salt Water Waterfront Real Estate Sales (1)
Single Family

Year

Average
Selling Price

Average Living
Area (sq. ft.)

Sales Price/
per sq. ft. (2)

Number of Sales

Days on
the Market

2009(3)

935,620

1,902

455

69

161

2008

1.646 M

2,474

665

80

80

2007

1.634 M

2,454

665

89

149

2006

1.775 M

2,882

615

78

158

2005

1.371 M

1,947

704

91

116

2004

1.370 M

2,401

634

104

130

2003

1.114 M

2,289

486

89

123

2002

928,062

2,252

412

83

129

2001

648,132

1,743

371

82

81

2000

748,570

2,198

340

111

69

 

(1) "Saltwater-Front" Sales in the Towns of Westerly, Charlestown, S. Kingstown, Narragansett, N. Kingstown, Jamestown, Newport, Middletown & Portsmouth
(2) Selling Price of Closed Single Family Sales Per Square Foot of Total Living Area
(3) Sales Data Through 12/31/09
See profiles on RI Towns and Villages

ALL DATA PROVIDED BY STATEWIDE MLS

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Bellevue, Realtors, Inc. 65 Bellevue Avenue, Newport, RI 02840 - (401) 849-6084