News Summary
The Rhode Island real estate market is seeing increased activity as the median price of single-family homes exceeds $500,000. Mott & Chace Sotheby’s International highlights three impressive homes on the market, each priced above the median, showcasing modern amenities and desirable locations. These listings reflect the evolving housing market and demand for quality homes in the state.
Rhode Island – The real estate market in Rhode Island is showing notable activity as the median price of a single-family home has now exceeded $500,000. In response to this rising trend, Mott & Chace Sotheby’s International is showcasing three exceptional homes currently on the market, each priced just above this median benchmark. These properties in desirable locations demonstrate a range of features that appeal to a variety of homebuyers.
Located in Cumberland, 7 Jencks Road is listed at $579,900. This residence emphasizes one-level living and offers a spacious interior with three bedrooms and two full bathrooms. A recent remodeling has resulted in an open floor plan, enhanced by hardwood flooring throughout the home. Additionally, a fully finished basement provides extra living space, including a full bathroom, adding functional versatility to the property. Nestled on a half-acre private lot, this home is conveniently situated near Carls Pond, with quick access to highways, shopping, dining, and entertainment options.
In Tiverton, 145 Durfee Road is on the market for $599,000. This charming home features three bedrooms along with one full and one half-bathroom. It has been updated with modern amenities like ductless air conditioning, a new roof, updated electrical systems, and a septic system that is only two years old. Highlights of the property include a large three-season porch, a fenced patio area perfect for gatherings, and a vegetable garden, all designed for comfort and practicality while maintaining stylish appeal.
Listed at $619,000 is 317 Tomaquag Road in Hopkinton, which boasts a significant Colonial home set on 2.29 acres, providing a peaceful country setting. Located on a quiet, tree-lined street in the village of Ashaway, this property features an eat-in kitchen and an elevated sundeck ideal for entertaining or relaxation. The home includes three bedrooms and offers bonus space suitable for guests. Recent updates to the bathrooms and kitchen ensure modern comfort, complemented by a fireplace and a family room with a wood stove for cozy evenings. Unique features such as a luxurious walk-in sauna, two-zone central air conditioning, and a roof that was replaced in 2021 further enhance its appeal. The walkout lower level includes permits for a full bathroom and kitchenette, offering potential for expanded living space.
As the Rhode Island housing market continues to evolve, these listings from Mott & Chace Sotheby’s International reflect a snapshot of the current landscape where homes priced just above the median offer valuable choices for prospective buyers. The combination of modern amenities, functional layouts, and attractive locations makes these homes compelling options in today’s market.
For those looking to explore options in Rhode Island’s real estate, these featured properties highlight the diverse offerings available just above the median price point, illustrating a healthy demand for quality homes in this vibrant New England state.
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