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61 Bailey's Ledge Road, Little Compton, RI 02837
$7,850,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
4
baths
4,964
sqft
Built in
1962
Welcome to 61 Baileys Ledge Road, a once-in-a-lifetime opportunity to own a distinguished and exclusive piece of real estate, a truly exceptional property nestled in the heart of Little Compton, RI. This extraordinary home, steeped in history, has been lovingly maintained by the same family for over 60 years. Completely redone in 2018, this residence boasts a captivating interior and offers breathtaking views of the Sakonnet River and ocean. Situated on a sprawling lot consisting of two acres with protected views over 3 acres of shared agricultural trust land ensuring privacy and tranquility. The approach to the property via a private road that winds through the golf course immediately sets the tone for the exclusivity and seclusion that this location highlights. The first floor includes a stunning primary suite offering two ensuite bathrooms, seamlessly coming together with a walk-in shower and soaking tub. The heart of the home features a chef's kitchen with high-end appliances and stone countertops with an open floor plan, perfect for entertaining and everyday living. The second floor, with the option to be accessed by an elevator, includes two additional bedrooms with ensuite baths and incredible south-facing water views. Whether you're captivated by the allure of the water views, the promise of a private and serene lifestyle, or the rich history of this property, don't miss the opportunity to make this remarkable property your own. Buyer pays LCAT at closing.
Features & Amenities
Interior
- General:
- Attic,Bathtub,Cathedral Ceiling(s),Tub Shower,Elevator
- Appliances:
- Dryer,Dishwasher,Exhaust Fan,Disposal,Microwave,Oven,Oil Water Heater,Range,Refrigerator,Range Hood,Water Heater,Washer
- Basement:
- Interior Entry,Partial,Unfinished
- Flooring:
- Ceramic Tile,Hardwood,Carpet
- A/C:
- true, Central Air,Wall Unit(s)
- Heating:
- true, Baseboard,Hot Water,Oil,Zoned
- Fireplace:
- Insert,Gas,Stone, Fireplace, Fireplaces: 2
- Disability Feature:
- Accessible Elevator Installed
Exterior
- General:
- Patio
- Parking:
- Attached,Garage,Garage Door Opener, Parking spaces: 8
Construction
- Windows:
- Storm Window(s)
- General:
- Drywall,Plaster,Shingle Siding, 2, Combination
Location
- HOA Amenities:
- 400.0, Annually
- Originating MLS:
- RIS
- County:
- Newport
Lot
- Zoning:
- 61BAILEY'SLEDGERDLCOM
- View:
- Saltwater,Water, View
Utilities
- Utilities:
- Underground Utilities, 200+ Amp Service,Circuit Breakers,Underground
- Water:
- Private
- Sewer:
- Cesspool
Financial
- Source:
- RIS
This listing courtesy of:
Compass
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Little Compton, RI
Housing
- Number of Units
- 2,419
- Median Home Value
- $593,324
- Median Rent
- $1,503
20.24% of housing units are renter occupied.
33.25% are vacant.
Commute
- Car
-
61.23%
- Public Transportation
-
0.00%
- Walk to Work
-
1.89%
- Work from Home
-
36.88%
- Other
-
0.00%
The median travel time to work is 20 minutes.
People
- Population
- 3,568
- Median Age
- 57.30
- Median Household Size
- 2.56
Education
- High School
-
18.80%
- Associate’s Degree
-
8.13%
- Bachelor’s Degree
-
31.52%
- Graduate Degree
-
21.12%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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