1087 Lakeside Dr New Shoreham, RI 02807
Estimated payment $22,310/month
Total Views
12,052
6
Beds
5.5
Baths
3,600
Sq Ft
$1,097
Price per Sq Ft
Highlights
- Marina
- Cape Cod Architecture
- Wood Flooring
- Water Views
- Deck
- Attic
About This Home
Welcome to 1087 Lakeside Drive - an exceptional retreat offering the perfect blend of privacy, comfort, and convenience. Nestled upon a three-acre parcel with sweeping views of Fresh Pond, this centrally located property is a rare opportunity to own a marvelous home with premium amenities. This beautifully maintained residence received a complete exterior renovation in 2023, including a new roof, decks, and windows. The sprawling, light-filled interior boasts six spacious bedrooms and five full baths, which include two suites ideal for guests or a potential Bed & Breakfast venture. The heart of the home features an open-concept kitchen with upscale appliances, a center island, and a dining area that will seat twelve - and along with both front and back decks, is perfect for entertaining! The property includes a three-car heated garage, a full basement, and a robust nine-bedroom septic system. Deeded water rights to Fresh Pond enhance the experience, while immediate access to the island's premier walking trails and a 5-minute drive to beaches places you at the center of everything Block Island has to offer. Additionally, this property can be enjoyed as both a family residence, creating your very own rituals, or a lucrative investment property with already established income-generating rentals. From sipping coffee at sunrise to spectacular sunsets over Fresh Pond, this coastal home offers true island adventures!
Listing Agent
Sullivan Sotheby's Intl.Realty License #REB.0010926 Listed on: 06/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,199
Year Built
- Built in 1981
Lot Details
- 2.82 Acre Lot
- Property is zoned RA
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Cape Cod Architecture
- Slab Foundation
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 3,600 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Skylights
- Thermal Windows
- Storage Room
- Water Views
- Permanent Attic Stairs
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
- Balcony
- Deck
- Outbuilding
- Outdoor Grill
- Porch
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Underground Utilities
- 200+ Amp Service
- Private Water Source
- Well
- Oil Water Heater
- Septic Tank
- Satellite Dish
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 1087LAKESIDEDRNSHM
Community Details
Overview
- Fresh Pond Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,199 | $1,485,300 | $574,600 | $910,700 |
| 2023 | $8,942 | $1,485,300 | $574,600 | $910,700 |
| 2022 | $6,774 | $956,800 | $509,200 | $447,600 |
| 2021 | $6,411 | $956,800 | $509,200 | $447,600 |
| 2020 | $6,085 | $956,800 | $509,200 | $447,600 |
| 2019 | $5,894 | $956,800 | $509,200 | $447,600 |
| 2018 | $5,891 | $990,000 | $509,200 | $480,800 |
| 2017 | $5,801 | $990,000 | $509,200 | $480,800 |
| 2016 | $5,663 | $990,000 | $509,200 | $480,800 |
| 2015 | $6,951 | $1,261,500 | $636,500 | $625,000 |
| 2014 | $6,736 | $1,261,500 | $636,500 | $625,000 |
| 2013 | $6,572 | $1,261,500 | $636,500 | $625,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | For Sale | $3,950,000 | -- | $1,097 / Sq Ft |
Source: State-Wide MLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $175,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $707,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $110,000 | Unknown | |
| Closed | $622,000 | No Value Available | |
| Closed | $150,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: State-Wide MLS
MLS Number: 1385913
APN: BLOC-000010-000000-000025
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