545 Park Avenue, Portsmouth, RI, 02871 | $1,695,000

Presented for the first time, this beautiful waterfront custom modular boasts breathtaking, unobstructed views of the Sakonnet River and Blue Bell Cove. Located on a private driveway off Park Avenue and nestled along the picturesque shores, step right from the backyard with direct water access to the beach. Riparian rights to a mooring for maritime enthusiasts. Offering about 2, 500 square feet of living space on three levels, the open floor plan has water views from every room. The well-appointed kitchen on the second floor has leathered quartzite and quartz counters, sleek tile backsplash, stainless steel appliances, wine cooler, farmhouse sink, and dedicated built-ins. A generous dining area connects seamlessly to the living room anchored by a gas fireplace flanked by bookcases. A lovely sitting room is tucked around the corner with pocket doors as well as a conveniently located powder room. The entire area is sited to take advantage of fabulous sunrises and sunsets with large windows and glass sliders leading to a 40' x 14' deck. The third floor has two bedrooms, a shared bathroom with laundry, and a primary ensuite with a spa bathroom, walk-in closet, and private deck. The walkout lower level includes a full bath, family room with sliders to the patio, and integral two-car garage. Brazilian Teak hardwood floors, custom awnings, central AC, irrigation system, outdoor shower, hot tub and more all add to the opportunity to own a slice of Rhode Island's spectacular coastline!

Features

  • Amenities: Golf,Marina,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Style: Colonial,Modular/Prefab
  • Year Built: 2013
  • Garage: 2-car Built In,Garage Door Opener
  • Heating: Gas,Hydro Air,Radiant,Zoned
  • Cooling: Central Air
  • Basement: None
  • Approx Sq. Feet: 2,493
  • Acreage: 0.52
  • Est. Taxes: $11,810
  • Lot Desc: Sprinkler System,Waterfront
  • View: Saltwater,Water
  • Appliances: Dryer,Dishwasher,Exhaust Fan,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Washer
  • MLS#: 1382204
  • Website: https://www.raveis.com
    /eprop/1382204/545parkavenue_portsmouth_ri?source=qrflyer
Copyright © 2025  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Lila Delman Compass   Phone: 401-848-2101

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

545 Park Avenue, Portsmouth, RI, 02871

$1,695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,356,000 $1,356,000 $1,356,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.309%
Monthly Tax Payment $984 $984 $984
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,699 $8,683 $11,534
Total Monthly Payment $8,808 $9,792 $12,643

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.