41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Hero Image
mark-land-3-color-scheme-1 copy 3 Created with Sketch.
41
Walcott Avenue
Jamestown | Rhode Island

Where Generations

Find Home

View More
Menu
Dianne Grippi
Dianne Grippi
Presented At
$7,795,000
Bedrooms
6
Bathrooms
6
Living
4,927
SQFT
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 1
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 2
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 3
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 4
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 5
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 6
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 7
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 8
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 9
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 10
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 11
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 12
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 13
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 14
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 15
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 16
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 17
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 18
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 19
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 20
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 21
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 22
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 23
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 24
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 25
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 26
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 27
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 28
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 29
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 30
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 31
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 32
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 33
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 34
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 35
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 36
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 37
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 38
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 39
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 40
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 41
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 42
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 43
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 44
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 45
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 46
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 47
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 48
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 49
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. - Photo 50
Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10
Thumbnail 11
Thumbnail 12
Thumbnail 13
Thumbnail 14
Thumbnail 15
Thumbnail 16
Thumbnail 17
Thumbnail 18
Thumbnail 19
Thumbnail 20
Thumbnail 21
Thumbnail 22
Thumbnail 23
Thumbnail 24
Thumbnail 25
Thumbnail 26
Thumbnail 27
Thumbnail 28
Thumbnail 29
Thumbnail 30
Thumbnail 31
Thumbnail 32
Thumbnail 33
Thumbnail 34
Thumbnail 35
Thumbnail 36
Thumbnail 37
Thumbnail 38
Thumbnail 39
Thumbnail 40
Thumbnail 41
Thumbnail 42
Thumbnail 43
Thumbnail 44
Thumbnail 45
Thumbnail 46
Thumbnail 47
Thumbnail 48
Thumbnail 49
Thumbnail 50
41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States. , Jamestown , Rhode Island 02835

rare waterfront shingled cottage

This unique offering presents a rare waterfront shingled cottage, built 1893. This property has two moorings currently with panoramic water views towards the east side of Narragansett Bay. There is the possibility of a dock and there are steps down to a slate patio by the water. This home is sited on a 27,955 [hidden information]. lot with a comfortable floor plan. The first level consists of a welcoming entry, mudroom, eat in kitchen, butler’s pantry, dining room w/ gas fireplace, living room w/ a wood insert, an expansive hallway leading onto the wraparound waterfront screened in porch, 18’ wide by 39’ long. It’s perfect for gatherings with privacy and easy access to open water, making it convenient for swimming, fishing, or a boat ride. First level continues with a family room/study that could be a bedroom, a year-round sun room with a brick floor and radiant heat, pantry/laundry room and full bath. Second level features 4 en suites, an office and a media room. Third level has two additional bedrooms, recreation room and a full bath. An artists studio, built in 2015, is a few steps away from the main residence. A separate waterfront lot is available for sale with this property, MLS#1401347, 0 Walcott, this lot will not sell on its own. MLS #1399629, 39 Walcott, a second home with a guest cottage and two outbuildings, is also available for sale. Opportunities to acquire such a versatile compound/estate are a once-in-a-generation [hidden information] living, in town, at its absolute finest!

Property

3D Street View Tour

Map showing 41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States.

Property Location

41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States., Jamestown Rhode Island

Local Weather & Climate

Jamestown, Rhode Island

Current Conditions Updated recently
44 °F
Clear sky
Feels Like 36°F
Humidity 79%
Wind 17 mph
Visibility 6.2 mi
Sunrise 10:48 AM
Sunset 10:56 PM
5-Day Forecast
Sat 21 Mar
Clear
High 52°
Low 42°
Sun 22 Mar
Clouds
High 47°
Low 38°
Mon 23 Mar
Rain
High 43°
Low 34°
Tue 24 Mar
Clouds
High 42°
Low 32°
Wed 25 Mar
Clouds
High 44°
Low 32°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Jamestown?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

Ready to explore financing?

Connect with trusted mortgage partners

Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Ultra Luxury 577.4× median

Our perspective on current market conditions in Jamestown. For informational purposes only — always consult a licensed real estate professional before making decisions.

Neutral Market
Balanced conditions. Negotiate wisely.
48
Buyer Score
Prices are up 38.5% year-over-year
Homes are taking 58 days to sell - more time to negotiate
Homes selling 4.6% below asking price on average

Local Market Price Trends

Median home sale prices in Jamestown, Rhode Island — ZIP code 02835 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $779,500,000
Area median: $1,350,000
+38.5% year-over-year (well above the 3.5% historical avg)

Market Competition

58 days
Days on Market
Above typical
95.4%
Sale-to-List Ratio
Below asking

Future Value & Wealth Building

Starting investment: $7,795,000 20% down ($1,559,000)

9.5 years
Double Your Investment
Based on current market trends, your property value could double
$10,788,590
10-Year Equity
Your potential equity after 10 years of payments and appreciation
+$4,447,351
Appreciation Beats Rent
Potential gain vs 10 years of renting a similar home
$41,488
Monthly Investment
Estimated monthly mortgage payment (principal & interest)
$69,193,658
30-Year Wealth Potential
Total equity after full mortgage payoff with market appreciation
6.9x
Leverage Power
Your $1,559,000 down payment could grow to $10,788,590 in equity (10 yrs)
Investment Perspective
$ $ $ $
$1 → $2.07
Every dollar invested today could become $2.07 in 10 years
$100 → 207 $1,000 → $2,071
+$1,612
$1,612/day
Your home may appreciate while you sleep
$11,317/week $49,040/mo $588,482/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$635K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 145% advantage over stocks
RENT 💸 -$4.3M
vs
OWN 📈 +$10.8M
$10.8M Potential Equity
vs $4.3M lost to rent over 10 years
$1.6M Down Payment Growth
6.9x
10yr
$10.8M
19.1x
20yr
$29.8M
44.4x
30yr
$69.2M
Wealth Comparison
×165
Equivalent to 165 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $69.2M
Time to Double Your Investment (accounting for market cycles)
16.9
years
Conservative
4.2% effective/yr
8.5
years
Optimistic
8.54% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $11.8M +51%
Market $16.1M +107%
Optimistic $17.7M +127%
$10.8M est. equity
20 Years
Conservative $17.7M +128%
Market $33.4M +329%
Optimistic $40.2M +415%
$29.8M est. equity
30 Years
Conservative $26.8M +243%
Market $69.2M +788%
Optimistic $91.1M +1,069%
$69.2M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average
4.27 %
1967 – 2024
57 years of U.S. home price data
Recent Decade Average
6.5 %
2014 – 2024
Post-recovery bull market
Above Historical
Current 8.5% appreciation exceeds the national historical average (4.3%). Market-based projections reflect current conditions that may moderate over time.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 7.5%. Market scenario reflects current 8.5% YoY trend from Redfin (Mar 2026). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Mar 2026

Neighborhood Demographics

ZIP 02835 • 2022 ACS Data

5,554 Population
Median Age: 58.0
$131,875 Median Income
High
$736,600 Median Home Value
Rent: $1,623
68.3% College Graduates
Very High

Housing

Homeowners 66.5%
Renters 11.2%
Vacancy Rate 22.4%

Employment

6.9% Unemployment
19.3% Work From Home

Education Attainment (Age 25+)

High School+ 97.8%
Bachelor's+ 68.3%
Graduate+ 32.9%
Data from U.S. Census Bureau American Community Survey 2022

Frequently Asked Questions

Common questions about this property

This house at 41 Walcott Avenue, Jamestown, RI, 02835, USA, Jamestown, Rhode Island, United States features 6 bedrooms with 4,927 square feet of living space.
This property offers 4,927 square feet of living space.
This property is listed at $779,500,000, which equals $158210 per square foot.
In Jamestown, home prices have increased 38.5% over the past year, homes typically sell within 58 days, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.
Based on current market indicators, Jamestown shows an active market. The market opportunity score is 48 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Jamestown, Rhode Island. The property is situated in an established neighborhood with convenient access to local amenities and services.
Dianne Grippi

Dianne Grippi

Residential Properties Ltd.

View Full Profile

Schedule a Tour

Get in touch with our listing agents

SunMonTueWedThuFriSat

More Listings

Explore more properties

Official Real Estate Games

Have fun discovering more properties while playing our real estate games — win prizes for ranking high!

$
$
$
$
$
$
$
WIN CREDITS
Up Your Real Estate Skills FOR FREE

Loading listings...