Discover this charming mid-century cottage with captivating salt pond views and secondary waterfront parcel, providing ample space, privacy, and potential. For the salt water enthusiast, this sweet retreat leaves little to be desired, with Potter Pond access just steps out the door, and the waves of East Matunuck State Beach a quick walk or bike ride away. Bathed in natural sunlight, the cottage features beautiful hardwood floors in the kitchen and living areas, which create a warm and inviting atmosphere. Equipped for all seasons, the house also offers a cozy fireplace and new heating system, ensuring comfort year-round. Sliders from the living area and primary bedroom lead onto the west facing deck, where Potter Pond sparkles as it reflects the sky’s vibrant hues. A 3 bedroom septic system enables expansion potential for those who so desire, and the walk out basement offers a versatile space for storage or possibly additional finished space. An opportunity to own and enjoy a move-in-ready home and a piece of Rhode Island’s beautiful coast while exploring the scope of possibility for this special location. Whether seeking a peaceful getaway or an active coastal lifestyle, this property offers the perfect balance.
Sold for $905,000
$905,000
56 Stedman Rd, South Kingstown, RI 02879
2beds
772sqft
Single Family Residence
Built in 1954
0.32 Acres Lot
$1,048,000 Zestimate®
$1,172/sqft
$2,362 Estimated rent
Home value
$1,048,000
$975,000 - $1.13M
$2,362/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kelly Holmes 914-497-7603,
Mott & Chace Sotheby's Intl.
Bought with:
Maura Sayre, RES.0040639
Coldwell Banker Realty
Source: StateWide MLS RI,MLS#: 1360235
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Features: Bath w Shower Stall
Heating
- Oil, Forced Air
Cooling
- None
Appliances
- Included: Dryer, Oven/Range, Washer
Features
- Wall (Dry Wall), Wall (Paneled), Skylight, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Laminate
- Windows: Skylight(s)
- Basement: Full,Walk-Out Access,Unfinished,Laundry,Storage Space,Utility
- Number of fireplaces: 1
- Fireplace features: Brick
Interior area
- Total structure area: 772
- Total interior livable area: 772 sqft
- Finished area above ground: 772
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Access, Saltwater Front, Walk to Salt Water
Lot
- Size: 0.32 Acres
- Features: Extra Lot
Details
- Parcel number: SKINP0872L000165
- Zoning: R80
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Paneled, Shingles, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Hospital, Marina, Railroad, Recreational Facilities, Restaurants, Near Swimming, Tennis
- Subdivision: East Matunuck / Potter Pond
HOA
- Has HOA: No
Location
- Region: South Kingstown
Financial & listing details
- Price per square foot: $1,172/sqft
- Tax assessed value: $848,700
- Annual tax amount: $7,985
- Date on market: 5/31/2024
- Inclusions: This property is being sold with an additional, waterfront parcel located at plat # 87-2, lot 177. Taxes, assessment, and acreage reported within reflect totals for both properties.
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2024 | Sold | $905,000+0.7%$1,172/sqft |
Source:  StateWide MLS RI #1360235 Report a problem | ||
| 6/9/2024 | Pending sale | $899,000$1,165/sqft |
Source: StateWide MLS RI #1360235 Report a problem | ||
| 5/31/2024 | Listed for sale | $899,000-9.6%$1,165/sqft |
Source: StateWide MLS RI #1360235 Report a problem | ||
| 11/16/2022 | Listing removed | -- |
Source: StateWide MLS RI #1315340 Report a problem | ||
| 7/12/2022 | Price change | $995,000-23.5%$1,289/sqft |
Source: StateWide MLS RI #1315340 Report a problem | ||
| 6/15/2022 | Listed for sale | $1,300,000+170.8%$1,684/sqft |
Source: StateWide MLS RI #1313080 Report a problem | ||
| 1/12/2018 | Sold | $480,000-3.8%$622/sqft |
Source: StateWide MLS RI #1172811 Report a problem | ||
| 9/8/2017 | Listed for sale | $499,000$646/sqft |
Source: WATERFRONT PROPERTIES #1172811 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,587 -1% | $848,700 +22.3% |
| 2024 | $7,665 +0.9% | $693,700 |
| 2023 | $7,596 | $693,700 |
| 2022 | $7,596 +19.5% | $693,700 +57.7% |
| 2021 | $6,355 | $439,800 |
| 2020 | $6,355 | $439,800 |
| 2019 | $6,355 -0.6% | $439,800 +7.9% |
| 2018 | $6,391 +2.4% | $407,600 |
| 2017 | $6,240 +1.4% | $407,600 |
| 2016 | $6,151 +4.4% | $407,600 +7.4% |
| 2015 | $5,891 +0.3% | $379,600 |
| 2014 | $5,876 +0.1% | $379,600 |
| 2013 | $5,872 +1.4% | $379,600 -5% |
| 2012 | $5,791 -0.1% | $399,400 |
| 2011 | $5,795 +2.3% | $399,400 |
| 2010 | $5,667 -8.5% | $399,400 -22% |
| 2009 | $6,192 +1% | $512,200 |
| 2008 | $6,131 +4% | $512,200 |
| 2007 | $5,895 | $512,200 |
Find assessor info on the county website
Neighborhood: 02879
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Nearby schools
GreatSchools rating
- 8/10Matunuck SchoolGrades: K-5Distance: 1 mi
- 9/10Broad Rock Middle SchoolGrades: 6-8Distance: 5.2 mi
- 8/10South Kingstown High SchoolGrades: 9-12Distance: 4.4 mi
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Estimated market value
$1,048,000
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Estimated market value
$1,048,000
- Rhode Island
- Washington County
- South Kingstown
- 02879
- 56 Stedman Rd
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