New Listing - 06/17/2026

$229,900 ($239.48 per sqft)

Pending

Est. Mortgage $1,147/mo *

Quick Pre-Approval

48 Waterman Lake Drive, Glocester, RI, 02814

48 Waterman Lake Drive, Glocester, RI, 02814

3 rooms

3 beds

1 Full baths

1945

Cape Cod

960 sqft

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.


Status:

Pending

Type:

Single-family residential

Zoning:

A3

Subdivision:

Waterman Lake

Garage:

1-car Detached, Garage

Heating:

Baseboard, Oil

Cooling:

Window Unit(s)

Basement:

Crawl Space, Unfinished

Parking:

2-car

Common Charge:

$75 Annually

Acreage:

0.31

Est. Taxes:

$3,525

Assessment

$247,200

HOA Fee

$75

Construction

Drywall,Wood Siding,Aluminum Siding

Lot Description:

Wooded

View Description:

Water

Amenities:

Highway Access, Near Schools, Pool, Recreation Area, Restaurant

Days on Market:

6

Appliances:

Dryer, Electric Water Heater, Refrigerator, Range Hood, Washer

MLS #:

1415617


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Engel & Volkers 401-638-0010