$1,375,000
UNDER CONTRACT

263 Prospect Rd Wakefield, RI 02879

Estimated payment $8,216/month

Total Views 17,974
2 Beds
1.5 Baths
1,344 Sq Ft
$1,023 Price per Sq Ft

Highlights

  • Beach Front
  • Deck
  • Recreation Facilities
  • Marina
  • Wood Flooring
  • Walking Distance to Water

About This Home

This Potter Pond waterfront cottage with private dock has commanding views across the water towards the entrance to Point Judith, spectacular sunrises, cool coastal breezes, and a sense of peace and tranquility. Enjoy fishing from your own dock, or go for a paddle on your kayak, paddleboard, or enjoy a day of boating with navigable access to Great Salt Pond, and beyond to the ocean for moderately sized vessels. Located just a short distance from Deep Hole parking lot ideal for surfing or casting for blue fish & striped bass, or ride your bicycle to Matunuck State Beach. This location is a summer paradise, for enjoying all that Rhode Island has to offer with nearby restaurants, local bar, surf shops, etc.The large rear deck & patio, gazebo, and tiered level gardens provide an abundance of entertaining space for friends and family. When you you return from the beach rinse off in the outdoor shower. Make this cottage your next vacation getaway, or could be an ideal rental property.

Listing Agent

Bob Bailey

Lila Delman Compass License #RES.0027739 Listed on: 08/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,678

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot
  • Beach Front
  • Property is zoned R20

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Family Room
  • Living Room
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 1 Parking Space
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 220 Volts
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 263PROSPECTRDSKNG

Community Details

Overview

  • Potter Pond Waterfront / Matunuck Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,678

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Inclusions: The tax assessor notes this is property as a 1-bedroom home, but currently configured as a 2 bedroom 1 1/2 bath home. No septic system records on file at DEM, that could be located by agent.
  • Subdivision Name: Potter Pond waterfront / Matunuck
  • Above Grade Finished Sq Ft: 672.0
  • Architectural Style: Cabin, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 672.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Stall Shower, Cable TV, Utility Room
  • Living Area: 1344.0
  • Dining Room Type: Bathroom, Bedroom, Family Room, Half Bath, Kitchen, Laundry, Living Room, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 263PROSPECTRDSKNG
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 10677.94
  • Tax Lot: 31
  • Tax Map Number: 87-4
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $11,014 $996,700 $870,300 $126,400
2023 $11,014 $996,700 $870,300 $126,400
2022 $10,914 $996,700 $870,300 $126,400
2021 $11,707 $810,200 $709,700 $100,500
2020 $11,707 $810,200 $709,700 $100,500
2019 $11,707 $810,200 $709,700 $100,500
2018 $10,258 $654,200 $567,700 $86,500
2017 $10,016 $654,200 $567,700 $86,500
2016 $9,872 $654,200 $567,700 $86,500
2015 $9,784 $630,400 $544,500 $85,900
2014 $9,759 $630,400 $544,500 $85,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $1,375,000 -1.7% $1,023 / Sq Ft
06/19/2025 06/19/25 For Sale $1,399,000 -- $1,041 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed $174,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1392429

State-Wide MLS

APN: SKIN-008704-000000-000031

Rhode Island Washington County Wakefield 02879

263 Prospect Rd, Wakefield, RI

This home is located at 263 Prospect Rd, Wakefield, RI 02879 and is currently priced at $1,375,000, approximately $1,023 per square foot. This property was built in 1960. 263 Prospect Rd is a home located in Washington County with nearby schools including South Kingstown High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Bob Bailey
Listing Agent
Bob Bailey
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Lila Delman Compass
(401) 561-7290