Water Views
Address
48 Waterman Lake Drive, Glocester, RI
Price
$ 229,900
Property Attributes
  • MLS#1415617
  • TypeSingle Family
  • Listing Status Pending
  • CountyProvidence
  • CityGlocester
  • NeighborhoodWaterman Lake
  • Zip02814
  • Style
  • Year Built1945
  • Taxes$ 3525
  • Price$ 229,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage960
  • Lot Size0.314 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

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.

Price History
6/17/2026 Listed $229,900

General Features

Sewer Unknown
Heating Baseboard,Oil
Cooling Window Unit(s)
Possession Negotiable
Zoning A3
Garage Spaces 1
Construction Materials Drywall,Wood Siding,Aluminum Siding
Year Built 1945
Electric 200+ Amp Service,Circuit Breakers
View Water
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Beach Access,River Front,Water Access,Walk to Water
Community Features Highway Access,Near Schools,Pool,Recreation Area,Restaurant
County Providence
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name Waterman Lake
Garage Y/N true
Other Structures Outbuilding
Total Rooms 3
Full Baths 1
Status Pending
City Glocester
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 13678
Land Lease Y/N false
Tax Annual Amount 3525
Virtual Tour https://tour.RiLiving.com/48-Waterman-Lake-Drive-Glocester-RI-02814
Standard Status Pending
Tax Assessed Value 247200
Tax Lot 000
Property Sub Type Additional Single Family Residence

Interior Features

Interior Amenities Attic,Interior Steps,Permanent Attic Stairs,Tub Shower
Basement Crawl Space,Unfinished
Flooring Hardwood,Laminate,Vinyl
Total Fireplaces 1
Fireplace Features Stone
Total Stories 1
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 1

Exterior Features

Parking Features Detached,Garage
Lot Features Wooded
Water Source Well
Total Parking 2
Lot Size Area 13678
Foundation Details Concrete Perimeter
Building Area Total 960
Lot Size Acres 0.314
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02814

Price
AVG $540K
$230K
Taxes
AVG $5,377
$3,525
Year Built
AVG 1963
1945

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