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$4,600,000

Listing Price

6beds

5baths

3,736sqft

130,680sqft lot

1087 Lakeside Dr, Block Island, RI 02807

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

618.75

Price / sqft

1981

Year built

Home Details

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.

Interior Details

Square Feet
  • 3736

Bedrooms
  • 6

Bathrooms
  • 5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    No

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 130680

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Cape Cod

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$6,085

$509,200

$447,600

--%

$956,800

2019

$5,894

$509,200

$447,600

--%

$956,800

2018

$5,891

$509,200

$480,800

--%

$990,000

2017

$5,801

$509,200

$480,800

--%

$990,000

2016

$5,663

$509,200

$480,800

--%

$990,000

2014

$6,736

$636,500

$625,000

--%

$1,261,500

2013

$6,572

$636,500

$625,000

--%

$1,261,500

2012

$6,378

$668,700

$649,100

--%

$1,317,800

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Average Home Price in 02807

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
4,600,000
$
Down payment
920,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
27,600
$
HOA (Monthly)
0
$
PMI
0
$
$29,777
Your Payment
Total Monthly Payment:$29,777
Percent of Income:510%
Affordable:No
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Details for 1087 LAKESIDE DR

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Property Debt

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Foreclosure Contact Details

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Current Owner

Transaction History

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