The seller is installing a 3 zone, mini split system that will be in place before closing and provide both heat and air conditioning. Bristol has a Homestead exemption that can be combined with other exemptions. The tax rate is 10.61 for Residential. This contemporary style home on the Kickemuit River offers the ultimate coastal living experience at a one-of-a-kind location. It has been completely re-built in 2006 with 17 concrete pilings added for stability and can withstand high winds. The modern design and large windows provide 270-degree panoramic views and plenty of natural light. Outdoor enthusiasts can take advantage of the private beach for sunbathing, sailing and kayaking. This area is a safe harbor during storms. There is a Mooring, and docks are permitted in this area. This property sits across from the Touisset Marsh Wildlife Refuge and is across from the inlet access to Mount Hope Bay. The property is just minutes to Newport by boat Take advantage of the robust weekly rental market in this area. Let this property pay for itself when you are not there. This property brings in $750-$1000 a night. The Town of Bristol offers a 75% incentive to lift the home above the flood zone for certain properties close to the shore. Conveniently located near amenities in Bristol, Warren and Barrington with many restaurants and Colt State Park nearby. This property is a paradise for water lovers. Can you imagine spending the holidays here?