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For sale
    • $3,950,000

    1087 Lakeside Dr, Block Island, RI 02807

    6beds
    3,600sqft
    : 
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    Single Family Residence
    Built in 1981
    2.82 Acres Lot
    $-- Zestimate®
    $1,097/sqft
    $-- HOA

    What's special

    Welcome to 1087 Lakeside Drive - an exceptional retreat offering the perfect blend of privacy, comfort, and convenience. Nestled upon a three-acre parcel with sweeping views of Fresh Pond, this centrally located property is a rare opportunity to own a marvelous home with premium amenities. This beautifully maintained residence received a complete exterior renovation in 2023, including a new roof, decks, and windows. The sprawling, light-filled interior boasts six spacious bedrooms and five full baths, which include two suites ideal for guests or a potential Bed & Breakfast venture. The heart of the home features an open-concept kitchen with upscale appliances, a center island, and a dining area that will seat twelve - and along with both front and back decks, is perfect for entertaining! The property includes a three-car heated garage, a full basement, and a robust nine-bedroom septic system. Deeded water rights to Fresh Pond enhance the experience, while immediate access to the island’s premier walking trails and a 5-minute drive to beaches places you at the center of everything Block Island has to offer. Additionally, this property can be enjoyed as both a family residence, creating your very own rituals, or a lucrative investment property with already established income-generating rentals. From sipping coffee at sunrise to spectacular sunsets over Fresh Pond, this coastal home offers true island adventures!
    410 days
    |
    674
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Pappas 401-864-0996,

    Sullivan Sotheby's Intl.Realty

    Source: StateWide MLS RI,MLS#: 1385913MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      Bathroom
      • Level: First
      Bathroom
      • Level: Second
      Other
      • Level: Second
      Other
      • Level: Second
      Other
      • Level: Second
      Other
      • Level: Second
      Den
      • Level: First
      Dining area
      • Level: First
      Kitchen
      • Level: First
      Library
      • Level: First
      Living room
      • Level: First
      Office
      • Level: First
      Heating
      • Oil, Baseboard, Zoned
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Exhaust Fan, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
      Features
      • Wall (Plaster), Wall (Wood), Stairs, Plumbing (Copper), Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s), Central Vacuum
      • Flooring: Ceramic Tile, Hardwood
      • Windows: Insulated Windows, Skylight(s)
      • Basement: Full,Interior and Exterior,Partially Finished,Storage Space
      • Attic: Attic Stairs, Attic Storage
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,600
      • Total interior livable area: 3,600 sqft
      • Finished area above ground: 3,600
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 9
      • Parking features: Attached, Garage Door Opener, Driveway
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck, Porch
      • Exterior features: Balcony, Barbecue
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Walk to Fresh Water, Walk To Water
      Lot
      • Size: 2.82 Acres
      Details
      • Additional structures: Outbuilding
      • Parcel number: BLOCM10L025
      • Zoning: RA
      • Other equipment: Satellite Dish

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Plaster, Wood Wall(s), Clapboard
      • Foundation: Concrete Perimeter, Slab
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Electric: 200+ Amp Service, Underground
      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Features: Marina, Public School, Restaurants, Schools, Near Shopping, Near Swimming
      • Subdivision: Fresh Pond
      HOA
      • Has HOA: No
      Location
      • Region: Block Island

      Financial & listing details

      • Price per square foot: $1,097/sqft
      • Tax assessed value: $1,485,300
      • Annual tax amount: $8,199
      • Date on market: 6/4/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,613/mo

        Price history

        DateEventPrice
        6/4/2025Price change$3,950,000-14.1%$1,097/sqft
        Source: StateWide MLS RI #1385913 Report a problem
        9/15/2023Listed for sale$4,600,000$1,278/sqft
        Source: StateWide MLS RI #1343604 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,199 $1,485,300
        2024$8,199 +21%$1,485,300 +55.2%
        2023$6,774 $956,800
        2022$6,774 +5.7%$956,800
        2021$6,411 +5.4%$956,800
        2020$6,085 +3.2%$956,800
        2019$5,894 +0.1%$956,800 -3.4%
        2018$5,891 +1.6%$990,000
        2017$5,801 +2.4%$990,000
        2016$5,663 -18.5%$990,000 -21.5%
        2015$6,951 +3.2%$1,261,500
        2014$6,736 +2.5%$1,261,500
        2013$6,572 +3%$1,261,500 -4.3%
        2012$6,378 +2.1%$1,317,800
        2011$6,246 +3.5%$1,317,800
        2010$6,036 +2.9%$1,317,800 -19.5%
        2009$5,864 +8.5%$1,637,900
        2008$5,405 +4.1%$1,637,900
        2007$5,192 +17.3%$1,637,900 +47.2%
        2005$4,428 $1,112,600
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 02807

        Getting around

        1 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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