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!
For sale
$3,950,000
1087 Lakeside Dr, Block Island, RI 02807
6beds
3,600sqft
Single Family Residence
Built in 1981
2.82 Acres Lot
$-- Zestimate®
$1,097/sqft
$-- HOA
What's special
- 490 days
- 341
- 12
Zillow last checked:
Listing updated:
Listed by:
Cindy Pappas 401-864-0996,
Sullivan Sotheby's Intl.Realty
Source: StateWide MLS RI,MLS#: 1385913
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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Listed for sale | $3,950,000-14.1%$1,097/sqft |
Source: | ||
| 9/15/2023 | Listed for sale | $4,600,000$1,278/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment





