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Pending
  • $229,900

    48 Waterman Lake Dr, Glocester, RI 02814

    3beds
    960sqft
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    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
    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.
    28 days
    |
    1,412
    |
    169
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The DiSpirito Team 401-244-8355,

    Engel & Volkers Oceanside

    Source: StateWide MLS RI,MLS#: 1415617MLS Logo

      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

        $2,748/mo

        Price history

        DateEventPrice
        6/23/2026Pending sale$229,900$239/sqft
        Source: StateWide MLS RI #1415617 Report a problem
        6/17/2026Listed for sale$229,900+109%$239/sqft
        Source: StateWide MLS RI #1415617 Report a problem
        7/1/2002Sold$110,000$115/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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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: 02814

        Getting around

        4 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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