Listed: For $4.99 million, the Carousel Suite at the Ocean House in Watch Hill

Luxury Spring House Hunt
The unit is one of two that overlooks both Little Narragansett Bay and the Atlantic Ocean. Ellery Yahia

A luxe property at one of Rhode Island’s most prominent resorts is now on the market.

The Carousel Suite, Unit 3-2 at 2 Bluff Ave. in Westerly, R.I., is located on the third floor of Ocean House, a luxurious hotel in the storied village of Watch Hill. The 2,650-square-foot condo, which is listed at $4,995,000, is one of only two Ocean House units that overlook both Little Narragansett Bay and the Atlantic Ocean.

“When you’re in one wing of the condo, you’re looking at Little Narragansett Bay, Stonington Harbor, and the borough of Stonington, and when you’re out on the terraces, just outside the Carousel Suite, you are looking at Block Island and the Atlantic,” said Donna Simmons of Mott & Chance Sotheby’s International Realty, who has the listing.

The property’s name comes from Watch Hill’s iconic Flying Horse Carousel, and its inspiration is clearly noticeable in the stunning “three-season” room. Boasting a vaulted fir ceiling, it’s adjacent to an expansive sundeck.

The two-bed, three-bath property, which comes fully furnished, features an open living area with big windows and stunning water views. Plenty of seating, a slate fireplace, and a separate dining area make the space ideal for entertaining guests. The primary suite is also luxurious, featuring a beach stone floor in the adjoining bathroom with a standing shower and deep soaking tub. There’s also a small bunk room, and the family room can sleep two. A second deck off the kitchen is the perfect spot for eating breakfast in a beautiful outdoor setting.

Potential buyers will be happy to know that the Carousel Suite is also part of Ocean House’s rental program, so if they’re willing to give up that view for the summer …

“In the summer, it generates a ton of revenue when the homeowners are not in residence,” said Simmons, who added that even with the homeowner living there for most of August, the suite generated more than $140,000 last year.

The unit comes with two designated parking spaces and membership in Ocean House Club, which includes access to the beach, clubroom, croquet lawns, putting green, movie theater, catering services, special member parties, and discounts on purchases.

Take the video tour.

See more photos of the property below:

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