7 months on rocket

1087 Lakeside Dr, Block Island, RI, 02807

$4,600,000

6 Bedrooms
5 Full Baths
3,736 SqFt
$1,231/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built1981
HeatingBaseboard, Oil
CoolingNone
BasementYes
WaterfrontWater Access, Waterfront
FireplaceNone
ViewWater
MLS #1343604
Lot Size3.00 Acres
StatusActive

About 1087 Lakeside Dr

Discover a 3-acre haven on Block Island, where tranquility meets luxury. The westerly-facing house and deck offer uninterrupted views of Fresh Pond and memorable sunsets, while the back deck and second-floor terraces provide captivating ocean views. This remarkable 6-bedroom, 5-bathroom property features an open-concept kitchen with serene Fresh Pond and backyard views, seamlessly connected to light-filled living spaces. Two suites above the three-car garage create an inviting bed and breakfast opportunity. The house is an established and lucrative summer rental. Enjoy water rights and Fresh Pond access. Rest easy knowing that your ocean views are safeguarded by adjacent Conservancy land. With a private backyard and vast front yard, this property offers ample space for outdoor activities and relaxation. Approximately half of the land is meticulously maintained, while the other half is a lush wooded retreat. A secondary driveway entrance adds flexibility, ideal for guest house access or work vehicles. The property includes a generous foundation footprint with grandfathered approval, allowing for future expansion. The primary septic system serves the main house, with a secondary system ready for additional structures. Situated just a five-minute drive from town, you'll have easy access to dining, shopping, and island amenities. Moreover, you're conveniently located close to Black Rock and Crescent beach access, ensuring you're never far from Block Island's pristine shores.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1981
  • Stories: 2
  • Living Area: 3,736 SqFt

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 466-8777

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Water Heater, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Skylights, Tub Shower, Central Vacuum, Furnished
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Waterfront
  • View: Water
  • Exterior: Balcony, Deck, Porch, Paved Driveway

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil
  • Cooling: None

School Info

Assigned Schools Information:

  • Block Island School, Public District Grades KG-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,600,000
  • Price Per SqFt: $1,231/SqFt

Tax Information:

  • Annual Amount: $6,411
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1343604

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 466-8777

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 5:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,411$956,800
2020$6,085$956,800
2019$5,894$956,800
2018$5,891$990,000
2017$5,801$990,000

History based on county public records data.

Payment Calculator

$23K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-1940766
7
/10
  • Block Island School

  • High St

  • 0.81 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,464. The most common annual income of people living in Washington County, RI is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1087 Lakeside Dr

What is the listing price of this property?

The listing price of 1087 Lakeside Dr property is $4,600,000.

What type of property is this?

The property 1087 Lakeside Dr is a house located in Block Island, Rhode Island, 02807.

Is this property for sale now?

Active Listing: 1087 Lakeside Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1087 Lakeside Dr are:
Block Island School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,411 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1087 Lakeside Dr has 6 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1087 Lakeside Dr is 3,736 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1087 Lakeside Dr is 1981.
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Rocket Homes›Rhode Island›Washington County›Block Island›02807›1087 Lakeside Dr

This home is located at 1087 Lakeside Dr in Block Island, RI and zip code 02807. This 3,736 square foot home, which was built in 1981, sits on a 3.00 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 15, 2023 and is currently priced at $4,600,000.

In March 2024 more than 32 listings in Washington County, RI were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 48 were sold below. The number of listings in Washington County, RI increased by 7.8% between February 2024 and March 2024. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $551,910.

From Rocket Homes Real Estate and based on county public records data.

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