New Listing - 06/17/2026
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
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Listing courtesy of Engel & Volkers 401-638-0010