Iconic 1880s Waterfront Social Club Hits Market for First Time in 50 Years—With a $1.2 Million Price Cut

Narragansett’s iconic Reading Room, a former social club that hit the market over the summer for $10.95 million, has recently received a $1.2 million price cut.Now listed for $9.75 million, the five-bedroom waterfront residence still sits next to The Towers, the last surviving remnant of the 1880s Narragansett Pier Casino that has weathered many storms over the years.The 5,099-square-foot dwelling with detached three-car garage is being offered for the first time in more than 50 years."It’s one of the few Italian Victorians left in our area with a tower room," said listing agent John Hodnett of Hopewell Real Estate. "What makes this property so unique is that it is located in a village setting but it sits on three-quarters of an acre so there is a lot of space. It’s like a sanctuary in the middle of a village."Loading...Historic details remain intact throughout the Reading Room in Narragansett, RIDaniel Wodecki PhotographyLoading...The original staircase in the home. Daniel Wodecki PhotographyLoading...Bedroom of Reading Room in Narragansett, RIDaniel Wodecki PhotographyThe structure was originally constructed in 1880 as a club where members like Jerome Bonaparte, a relative of Fre...