Nestled along the southwestern shoreline of the state, Westerly is known for stunning beaches, a vibrant arts scene, and a strong sense of community. The town's economy is anchored by employers like The Westerly Hospital and the Westerly Public School District. Nearby employers like Electric Boat, part of General Dynamics, and tourism-driven businesses in the surrounding area contribute to the local job market.
Westerly's growing reputation as a vacation destination enhances the short-term rental market, especially during the summer months. The Misquamicut area is desirable for its proximity to beaches and summer attractions, which make it ideal for vacation rentals or seasonal properties. Dunn's Corners has a quieter, more suburban feel, while the historic Watch Hill neighborhood boasts luxury homes, high-end appeal, and a reputation for exclusivity.
Westerly is home to some of Rhode Island's most beautiful beaches including Misquamicut State Beach and East Beach. The downtown area is a center for culture and entertainment, featuring Wilcox Park, the Granite Theatre, and many boutique shops and restaurants. Westerly is also close to the Amtrak station, ensuring easy access to larger cities like Boston and New York. A mix of natural beauty and diverse housing options presents compelling opportunities for investors in Westerly.