Seller's Agent in 2025
Rosemary Tobin
Lila Delman Compass
(401) 741-1825
60 Total Sales
1423 Cooneymus Rd Block Island, RI 02807
4
Beds
4.5
Baths
5,501
Sq Ft
1.89
Acres
Highlights
- Marina
- Wine Cellar
- Cathedral Ceiling
- Water Views
- Contemporary Architecture
- Wood Flooring
About This Home
As of February 2025Perched majestically within the exclusive enclave of Southwest Point on Block Island, the extraordinary residence known as "Bluffhead" commands attention and admiration. With over 4700 square feet of pure luxury, this 5-bedroom, 4.5-bath estate boasts unparalleled ocean views from every angle. Its open floor-plan seamlessly integrates a gourmet kitchen, dining area, and living space, crafting an ambiance of grandeur and comfort. Two magnificent primary suites, marked by soaring ceilings and sweeping Atlantic Ocean panoramas, spill out onto inviting terraces that effortlessly blend indoor and outdoor living. A two-car garage on the first level accommodates island vehicles and toys, while a capacious basement houses an entertainment room, wine cellar, and workout space, complete with an additional lower-level deep garage, ideal for storing your island boat. Beyond its splendor, Bluffhead proves an enticing investment, as its allure yields substantial weekly rental income, solidifying its status as a coveted destination for those seeking the best of Block Island living. Inquire for more details to embark on this extraordinary lifestyle and secure your piece of coastal paradise.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0028817 Listed on: 06/24/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,775
Year Built
- Built in 2004
Lot Details
- 1.89 Acre Lot
- Property is zoned RA
Parking
- 3 Car Attached Garage
Home Design
- Contemporary Architecture
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Wet Bar
- Central Vacuum
- Cathedral Ceiling
- 3 Fireplaces
- Gas Fireplace
- Wine Cellar
- Family Room
- Game Room
- Storage Room
- Utility Room
- Home Gym
- Water Views
- Security System Owned
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 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
- Outdoor Grill
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Gas
- Heating System Uses Steam
- 200+ Amp Service
- Power Generator
- Well
- Gas Water Heater
- Septic Tank
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tax Lot 20-11
- Assessor Parcel Number 1423COONEYMUSRDNSHM
Community Details
Overview
- Southwest Point Subdivision
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Feb 12, 2025
Sold by
Bluff Head Block Island L
Bought by
Faron Douglas and Faron Barbara
Seller's Agent
Rosemary Tobin
Lila Delman Compass
Buyer's Agent
Rosemary Tobin
Lila Delman Compass
List Price
$5,640,000
Sold Price
$4,400,000
Premium/Discount to List
-$1,240,000
-21.99%
Views
2560
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,354
Avg. Annual Appreciation
-0.40%
Original Mortgage
$3,000,000
Outstanding Balance
$2,994,979
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,398,667
Purchase Details
Closed on
Mar 11, 2013
Sold by
Mcbride Michele A and Barile Michael P
Bought by
Bluff Head Block Is Ll
Purchase Details
Closed on
Aug 1, 1985
Bought by
Island Bluff Head Block
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $4,400,000 | None Available | |
| Condominium Deed | $4,400,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000,000 | Purchase Money Mortgage | |
| Closed | $3,000,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | Sold | $4,400,000 | -5.4% | $800 / Sq Ft |
| 12/04/2024 12/04/24 | Pending | -- | -- | -- |
| 05/02/2023 05/02/23 | Price Changed | $4,650,000 | -7.0% | $845 / Sq Ft |
| 12/26/2022 12/26/22 | Price Changed | $4,999,000 | -11.4% | $909 / Sq Ft |
| 06/24/2022 06/24/22 | For Sale | $5,640,000 | -- | $1,025 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $20,373 | $3,690,800 | $1,483,400 | $2,207,400 |
| 2023 | $22,219 | $3,690,800 | $1,483,400 | $2,207,400 |
| 2022 | $13,915 | $1,965,360 | $1,317,440 | $647,920 |
| 2021 | $13,168 | $1,965,360 | $1,317,440 | $647,920 |
| 2020 | $12,500 | $1,965,360 | $1,317,440 | $647,920 |
| 2019 | $12,106 | $1,965,200 | $1,317,440 | $647,760 |
| 2018 | $12,000 | $2,016,800 | $1,317,440 | $699,360 |
| 2017 | $11,818 | $2,016,800 | $1,317,440 | $699,360 |
| 2016 | $11,536 | $2,016,800 | $1,317,440 | $699,360 |
| 2015 | $13,999 | $2,540,700 | $1,646,800 | $893,900 |
| 2014 | $13,567 | $2,540,700 | $1,646,800 | $893,900 |
| 2013 | $13,288 | $2,550,500 | $1,646,800 | $903,700 |
Source: Public Records
Agents Affiliated with this Home
-
Rosemary Tobin
Map
Source: State-Wide MLS
MLS Number: 1312712
APN: BLOC-000014-000000-000020-000011
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