Bring your vision to the established Waterman Lake Shores neighborhood. This 3-bedroom, 1-bath Cape is set on a level 0.31-acre lot surrounded by mature trees, with neighborhood lake access and a beautiful babbling brook behind the property that flows toward Waterman Lake. Built in 1945, the home offers approximately 960 square feet of finished living space, including a finished attic, along with a wood-burning fireplace, open front porch, oversized rear deck, first-floor laundry, and detached garage. Additional features include oil-fired hot-water heat, with the oil burner serviced in November 2025, an electric water heater installed in 2015, a private well, and vinyl siding. Conveniently located just minutes from Route 44 for shopping, dining, and everyday necessities, with easy access to Interstate 295. Sold strictly as-is as part of an estate/probate sale—an excellent opportunity for investors, contractors, or buyers ready to renovate and build equity. Buyer and buyer’s agent to verify all information and complete their own due diligence, including the water and waste-disposal systems. Owners will enjoy water rights which include access to the boat ramp, beach and community hall through the Waterman Lake Shores Association. Association fee is a nominal $75 per year.
Pending
$229,900
48 Waterman Lake Dr, Glocester, RI 02814
3beds
960sqft
Single Family Residence
Built in 1945
0.31 Acres Lot
$-- Zestimate®
$239/sqft
$6/mo HOA
What's special
Detached garageWood-burning fireplaceFirst-floor laundryFinished atticOversized rear deckOpen front porchVinyl siding
- 79 days
- 49
- 0
Zillow last checked:
Listing updated:
Listed by:
The DiSpirito Team 401-244-8355,
Engel & Volkers Oceanside
Source: StateWide MLS RI,MLS#: 1415617
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Level: First
- Area: 40 Square Feet
- Dimensions: 10
Other
- Level: Second
- Area: 322 Square Feet
- Dimensions: 23
Other
- Level: First
- Area: 63 Square Feet
- Dimensions: 7
Other
- Level: First
- Area: 88 Square Feet
- Dimensions: 11
Kitchen
- Level: First
- Area: 70 Square Feet
- Dimensions: 10
Laundry
- Level: First
- Area: 18 Square Feet
- Dimensions: 6
Heating
- Oil, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Dryer, Range Hood, Refrigerator, Washer
Features
- Wall (Dry Wall), Wall (Wood), Stairs, Insulation (Unknown), Ceiling Fan(s)
- Flooring: Hardwood, Laminate, Vinyl
- Basement: Crawl Space,Unfinished
- Attic: Attic Stairs
- Number of fireplaces: 1
- Fireplace features: Stone
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
- Finished area above ground: 960
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 1
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Access, Beach, River, Walk to Fresh Water, Walk To Water
Lot
- Size: 0.31 Acres
- Features: Wooded
Details
- Additional structures: Outbuilding
- Parcel number: GLOCM0WLB089
- Zoning: A3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Dry Wall, Wood Wall(s), Aluminum Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Unknown
- Water: Well
Community & HOA
Community
- Features: Highway Access, Private School, Public School, Recreational Facilities, Restaurants, Near Swimming
- Subdivision: Waterman Lake
HOA
- Has HOA: No
- HOA fee: $75 annually
Location
- Region: Glocester
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $247,200
- Annual tax amount: $3,525
- Date on market: 6/17/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,533/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $229,900$239/sqft |
Source:  StateWide MLS RI #1415617 Report a problem | ||
| 6/17/2026 | Listed for sale | $229,900+109%$239/sqft |
Source: StateWide MLS RI #1415617 Report a problem | ||
| 7/1/2002 | Sold | $110,000$115/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,525 +2.9% | $247,200 |
| 2024 | $3,426 -2.8% | $247,200 |
| 2023 | $3,523 +10.5% | $247,200 +44.9% |
| 2022 | $3,189 +1.4% | $170,600 |
| 2021 | $3,146 +1.2% | $170,600 |
| 2020 | $3,108 +35.5% | $170,600 +48.7% |
| 2018 | $2,294 +1.4% | $114,700 |
| 2017 | $2,263 +4% | $114,700 +18.4% |
| 2016 | $2,175 +1.5% | $96,900 |
| 2015 | $2,143 +1.6% | $96,900 |
| 2014 | $2,110 -16.8% | $96,900 -18.8% |
| 2013 | $2,536 0% | $119,400 +900% |
| 2012 | $2,537 -1.9% | $11,940 -90% |
| 2011 | $2,586 -2.3% | $119,400 -19.4% |
| 2010 | $2,648 -0.6% | $148,200 |
| 2009 | $2,665 +7.7% | $148,200 +2% |
| 2008 | $2,474 +3.8% | $145,300 -4.5% |
| 2007 | $2,383 | $152,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02814
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