48 Waterman Lake Drive, Glocester, RI 02814
Local realty services provided by:ERA Empire Real Estate
Listed by: the dispirito team
Office: engel & volkers oceanside
MLS#:1415617
Source:RI_STATEWIDE
Price summary
- Price:$229,900
- Price per sq. ft.:$239.48
- Monthly HOA dues:$6.25
About this home
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....
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Home facts
- Year built:1945
- Subdivision & Development:Waterman Lake
- Listing ID #:1415617
- Added:56 day(s) ago
- Updated:August 08, 2026 at 08:24 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:3
- Flooring:Hardwood, Laminate, Vinyl
- Bathrooms Description:Tub Shower
- Kitchen Description:Range Hood, Refrigerator
- Basement:Yes
- Basement Description:Crawl Space, Unfinished
- Living area:960 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Baseboard, Oil
Structure and exterior
- Year built:1945
- Building area:960 sq. ft.
- Lot area:0.31 Acres
- Lot Features:Wooded
- Architectural Style:Cape Cod
- Construction Materials:Aluminum Siding, Drywall, Wood Siding
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Utilities
- Water:Well
Finances and disclosures
- Price:$229,900
- Price per sq. ft.:$239.48
- Tax amount:$3,525 (2025)
Features and amenities
- Appliances:Range Hood, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Electric Water Heater, Permanent Attic Stairs
Parking
- Total parking spaces:2
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:1
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