38 Bay St
Westerly, RI 02891
- 4 Beds
- 4.5 Baths
- 3,524 sqft
$5,000,000
Last Sold: Nov 10, 2025
17% below list $6M
$1,419/sqft
$5,000,000
Last Sold: Nov 10, 2025
17% below list $6M
$1,419/sqft
4 Beds
4.5 Baths
3,524 sqft
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1845
Living Area
3,524 sqft
Price/Sqft
$1,419/sqft
Parking
Open Parking
HOA
$2,268/Monthly
About this House
WATCH HILL LUXURY STYLE LIVING – ONE OF A KIND A majestic (4) bedroom, (4 1/2) bath luxury 3,547asf condominium located in the heart of the Historic Village of Watch Hill, R.I., is perhaps the largest condo offering in this exclusive community. Formerly the ballroom of the historic "Watch Hill Inn" building, (originally landmarked as the “Narraganset Inn" built in 1845), was totally reconfigured and rebranded by former New York Architect, Peter J. Catalano for his wife and well know singer, Dana Valery, who purchased the Narragansett Inn in December 1985, and in 2006 totally rebuilt and converted the building to residential units. Currently marketed as "The Admiral Suite”, the unit overlooks Little Narraganset Bay, the Connecticut coastline, and New York's Fisher Island, from its 30' wide front deck with unobstructed spectacular sunset water views. The beautifully appointed 40x30 Great Room with high ceilings is separated by two back to back gas fired fireplaces with hand carved wood paneling as a focal point surrounded by 270 degree views of the skyline and ocean. The open Viking appliance kitchen is ideal for the cuisine aficionados. An optional Rental Program offers amenities at the Ocean House Resort Hotel a Relais & Chateaux property. Included: private Ocean beach access, gym, spa, beach dining, crochet court, and much more. Car service between the sister properties, Amtrak Station, and Westerly Airport. Walk to one of the (3) beaches. Assigned parking spaces (4)
38 Bay St, Westerly, RI 02891 is a 4 bedroom, 5 bathroom, 3,524 sqft condo built in 1845. It last sold for $5,000,000 on Nov 10, 2025 (17% below the $5,995,000 asking price). It is currently off market. The Trulia Estimate is $5,655,100, with a rent estimate of $4,747/month.
Home Details for 38 Bay St
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Interior Details Basement: NoneNumber of Rooms: 7Types of Rooms: Master Bedroom, Bathroom, Dining Room, Foyer Hall, Kitchen, Living RoomWet Bar |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 3524 Square Feet |
Appliances & Utilities Utilities: Underground Utilities, Sewer Connected, Water ConnectedAppliances: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer, WhirlpoolDishwasherDisposalDryerLaundry: In UnitMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Electric,Natural Gas,Baseboard,Central Air,Central,Forced Air,Gas Connected,Heat Pump,ZonedHas CoolingAir Conditioning: Heat Pump,Wall Unit(s)Has HeatingHeating Fuel: Electric |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Gas, Wood BurningHas a Fireplace |
Gas & Electric Electric: 200+ Amp Service |
Windows, Doors, Floors & Walls Window: Insulated WindowsFlooring: Ceramic Tile, Hardwood |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 5Entry Location: Private Entry, Second Floor AccessFloors: Ceramic Tile, Hardwood |
View Has a ViewView: Water |
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Exterior Home Features Patio / Porch: DeckExterior: BalconyFoundation: Concrete Perimeter |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: No Garage,Assigned,Driveway |
Frontage Waterfront: Access, Flood Insurance, Walk to Salt Water, Walk To Water |
Water & Sewer Sewer: In Fee, Septic Tank |
Finished Area Finished Area (above surface): 3524 Square Feet |
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Year Built Year Built: 1845 |
Property Type / Style Property Type: ResidentialProperty Subtype: Condominium |
Building Building Name: Watch Hill InnConstruction Materials: Ceramic, Dry Wall, Clapboard, Shingles, WoodNot a New Construction |
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Price List Price: $5,995,000Price Per Sqft: $1,419/sqft |
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MLS Status: Sold |
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Direction & Address City: WesterlyCommunity: Watch Hill Village |
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Building Area Building Area: 3524 Square Feet |
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Community Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Schools, Near Shopping, Near Swimming, TennisNot Senior CommunityUnits in Building: 11 |
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No HOAHOA Fee: $2,268/Monthly |
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Lot Area: 0.46 acres |
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Special Conditions: Conventional/Market Value |
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Mls Number: 1384525Water ViewWater View: WaterAbove Grade Unfinished Area: 3524 |
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Near Public TransportCommuter BusGolfHighway AccessHospitalInterstateMarinaPrivate SchoolPublic SchoolRailroadRecreational FacilitiesSchoolsNear ShoppingNear SwimmingTennis |
Last check for updates: about 13 hours ago
Listed by Peter Catalano
WATCH HILL PROPERTIES
Bought with: Elizabeth Masterson, (203) 969-6929, Residential Properties Ltd.
Source: StateWide MLS RI, MLS#1384525

Price History for 38 Bay St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/10/2025 | $5,000,000 | Sold | StateWide MLS RI #1384525 |
| 10/10/2025 | $5,995,000 | Pending | StateWide MLS RI #1384525 |
| 05/12/2025 | $5,995,000 | Listed For Sale | StateWide MLS RI #1384525 |
| 11/03/2023 | ListingRemoved | StateWide MLS RI #1339168 | |
| 07/10/2023 | $5,995,000 | Listed For Sale | StateWide MLS RI #1339168 |
| 10/24/2022 | ListingRemoved | StateWide MLS RI #1317509 | |
| 08/09/2022 | $5,995,000 | Listed For Sale | StateWide MLS RI #1317509 |
| 04/24/2022 | ListingRemoved | StateWide MLS RI #1296965 | |
| 10/23/2021 | $5,995,000 | Listed For Sale | StateWide MLS RI #1296965 |
| 10/15/2021 | $1,750,000 | Sold | BHHS NE Properties sold #1288225_02891_W101 |
| 01/13/2021 | $4,999,500 | ListingRemoved | StateWide MLS RI #1260058 |
| 08/11/2020 | $4,999,500 | PriceChange | Agent Provided |
| 06/23/2020 | $799,000 | PriceChange | Agent Provided |
| 12/29/2019 | $880,000 | PriceChange | Agent Provided |
| 09/25/2019 | $949,950 | PriceChange | Agent Provided |
| 07/13/2019 | $999,950 | Listed For Sale | Agent Provided |
| 06/07/2019 | $1,100,000 | ListingRemoved | Agent Provided |
| 06/05/2019 | $1,100,000 | PriceChange | Agent Provided |
| 04/06/2019 | $999,000 | PriceChange | Agent Provided |
| 03/23/2019 | $1,100,000 | Listed For Sale | Agent Provided |
| 02/01/2014 | $1,350,000 | ListingRemoved | Agent Provided |
| 01/07/2014 | $1,350,000 | Listed For Sale | Agent Provided |
| 04/30/2013 | $1,300,000 | ListingRemoved | Agent Provided |
| 04/24/2013 | $1,300,000 | PriceChange | Agent Provided |
| 03/28/2013 | $1,265,000 | Listed For Sale | Agent Provided |
| 09/17/2010 | $1,250,000 | ListingRemoved | Agent Provided |
| 09/07/2010 | $1,250,000 | Listed For Sale | Agent Provided |
Market trends in Westerly
Last updated June 2026
Avg. sale price
$581K
$71.97KMoM
Sale-to-List Price
—
Price per sq ft
$329
$70MoM
Available listings
67
6MoM
Comparable Sales for 38 Bay St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Condo | $1,591,000 | 06/09/26 | 2 | 2 | 924 | |
0.10 | Condo | $1,150,000 | 09/02/25 | 1 | 1 | 756 | |
0.09 | Condo | $325,000 | 08/06/25 | - | 468 | ||
2.78 | Condo | $888,940 | 09/05/25 | 3 | 2.5 | 2,938 | |
2.20 | Condo | $603,000 | 12/10/25 | 3 | 1 | 691 | |
3.10 | Condo | $1,460,000 | 12/15/25 | 2 | 3 | 3,238 | |
3.11 | Condo | $1,402,500 | 08/04/25 | 2 | 3.5 | 3,219 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 38 Bay St.
What Locals Say about Westerly
At least 172 Trulia users voted on each feature.
86 % Say it's dog friendly
85 % Say car is needed
76 % Say parking is easy
71 % Say people would walk alone at night
69 % Say yards are well-kept
68 % Say it's walkable to restaurants
68 % Say there's holiday spirit
65 % Say streets are well-lit
64 % Say kids play outside
59 % Say there are sidewalks
58 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
53 % Say it's walkable to grocery stores
52 % Say it's quiet
50 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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