Bonnet Shores residence in Narragansett sells for $1.45M

A NARRAGANSETT HOUSE at 20 Lake Highway inbuilt 1950 as one of many authentic Bonnet Shores houses was not too long ago bought for $1.45 million. / COURTESY RESIDENTIAL PROPERTIES LTD.

NARRAGANSETT – In-built 1950, a colonial within the Bonnet Shores neighborhood not too long ago bought for $1.45 million, in response to Residential Properties Ltd, which represented the vendor within the transaction.

The 20 Lake Highway property is taken into account one of many “authentic Bonnet houses,” in response to the true property company.

The two,350-square-foot residence accommodates 4 bedrooms, two full loos and one half-bathroom, in response to city property tax evaluation data.

The home, situated on a 0.37-acre lot, is designed with an open ground plan, that includes an eat-in kitchen with an island bar, a eating room with built-in storage, a lounge with a hearth, a glassed-in household room and cathedral ceilings in “the good room,” Residential Properties mentioned.

The first suite options the house’s different hearth, the true property agency mentioned, together with its personal devoted lavatory with a spa-like bathtub on the second ground. Two twin bedrooms are additionally situated on the second ground, the agency mentioned.

The property options an “outsized,” indifferent storage with a 576-square-foot loft house, Residential Properties mentioned.

The yard options two separate outbuildings, a patio and an out of doors bathe, the true property agency mentioned. The house is situated inside strolling distance of Kelly Seaside, the Bonnet Shores Seaside Membership and Wesquage Pond.

And the house can also be outfitted with a photo voltaic panel, in response to property data.

The house was final valued by Narragansett assessors in fiscal 12 months 2022 as being value $627,000, in response to the city’s on-line database of property evaluations.

The property was bought by A. Stephen Caraccia and Michelle Caraccia to David Lutterbach and Bridget Lutterbach, a married couple from Florida.

The patrons in the true property deal have been represented by Randall Realtors, in response to Rhode Island Statewide A number of Itemizing Service gross sales data posted on Zillow.

Marc Larocque is a PBN contributing author. 

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