$499,000
SOLD AUG 26, 2025

49 Shadow Farm Way Wakefield, RI 02879

1 Bed
1.5 Baths
905 Sq Ft
$400/mo HOA Fee

Recently Sold

$551 Per Sq Ft

3 Days on Market

Highlights

  • Water Views
  • Private Lot
  • Marble Flooring
  • Water Access
  • Wooded Lot
  • Tennis Courts

About This Home

As of August 2025

Welcome to Shadow Farm - sited on over 24 lush acres on a former historic gentleman's farm. The serene idyllic setting offers privacy for those that seek tranquil grounds yet walking distance to all local amenities.
49 Shadow Farm offers a sun filled cheerful unit, with views of the lush grounds combined with a loft style aesthetic. Main level features an efficient kitchen, powder room & generous living/dining area with built-ins and hardwood floors. The bright and cheery 2nd level has an oversized loft style primary suite with a full bath and laundry area. Central air throughout and a cozy pellet stove to keep you cozy during the chilly New England months. Perfect for year-round living or a summer get away.
Enjoy the freshwater Silver Lake which is steps from the front door! New dock installed in 2021. Enjoy Kayaking, canoeing, paddle boarding or just relaxing lakeside. Offering acres of beautifully landscaped grounds and a tennis court. Local boutiques, cafes and the bike path are moments from your door! A short drive or bike ride to South County beaches. The perfect gem to call home!

Last Agent to Sell the Property

Rachel Wills

Peter M. Scotti & Assoc.,Inc. License #RES.0041740 Listed on: 08/08/2025

Last Buyer's Agent

Rachel Wills

Peter M. Scotti & Assoc.,Inc. License #RES.0041740 Listed on: 08/08/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1902

Lot Details

  • Secluded Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 905 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer

Home Security

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Water Access

Utilities

  • Central Air
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1-49
  • Assessor Parcel Number 49SHADOWFARMWY49SKNG

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, trash
  • 60 Units
  • Wakefield/ Shadow Farm Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,931

Year Built

Built in 1902

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Wakefield/ Shadow Farm
  • Above Grade Finished Sq Ft: 905.0
  • Building Name: Shadow Farm
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1902
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Marble, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 905.0
  • Stories: 2

Exterior Features

  • Lot Features: Private, Paved, Secluded, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter, Slab

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Pellet Stove
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, SeparateMeters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Trash

Lot Info

  • Parcel #: 49SHADOWFARMWY49SKNG

Multi Family

  • Number Of Units In Community: 60

Tax Info

  • Tax Annual Amount: 2931.0
  • Tax Lot: 1-49
  • Tax Map Number: 57-3
  • Tax Year: 2026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2025
Closed on
Aug 26, 2025
Sold by
Robert S Gilardetti Ret and Gilardetti
Bought by
Gilbert Alicia M
Seller's Agent
Rachel Wills
Peter M. Scotti & Assoc.,Inc.
Buyer's Agent
Rachel Wills
Peter M. Scotti & Assoc.,Inc.
List Price
$499,000
Sold Price
$499,000
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.43%

Purchase Details

Closed on
Apr 8, 2014
Sold by
Gilardetti Robert S
Bought by
Robert S Gilardetti Re

Purchase Details

Listed on
Nov 9, 2012
Closed on
Dec 14, 2012
Sold by
Kampen Natalie B Est
Bought by
Gilardetti Robert S
Seller's Agent
ERNEST ESPOSITO
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Arlette Cornwall
Peter M. Scotti & Assoc.,Inc.
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$165,000
Interest Rate
3.44%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $499,000 --
Deed $499,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Executors Deed $220,000 --
Executors Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2025 08/26/25 Sold $499,000 0.0% $551 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
08/08/2025 08/08/25 For Sale $499,000 +126.8% $551 / Sq Ft
12/13/2012 12/13/12 Sold $220,000 -2.2% $243 / Sq Ft View Prior Sale
11/13/2012 11/13/12 Pending -- -- --
11/09/2012 11/09/12 For Sale $225,000 -- $249 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

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
2025 $2,931 $327,900 $0 $327,900
2024 $2,588 $234,200 $0 $234,200
2023 $2,588 $234,200 $0 $234,200
2022 $2,564 $234,200 $0 $234,200
2021 $3,209 $222,100 $0 $222,100
2020 $3,209 $222,100 $0 $222,100
2019 $3,209 $222,100 $0 $222,100
2018 $2,805 $178,900 $0 $178,900
2017 $2,739 $178,900 $0 $178,900
2016 $2,700 $178,900 $0 $178,900
2015 $2,485 $160,100 $0 $160,100
2014 $2,478 $160,100 $0 $160,100
Source: Public Records

Agents Affiliated with this Home

  • Rachel Wills

    Seller's Agent in 2025

    Rachel Wills

    Peter M. Scotti & Assoc.,Inc.

    (401) 248-3111

    2 in this area

    57 Total Sales

    Rachel Wills
    Section Image

  • C

    Buyer Co-Listing Agent in 2025

    Cornwall Arlette

    Peter M. Scotti & Assoc.,Inc.

    1 in this area

    5 Total Sales

    Cornwall Arlette
    Section Image

  • E

    Seller's Agent in 2012

    ERNEST ESPOSITO

    RE/MAX FLAGSHIP, INC.

  • A

    Buyer's Agent in 2012

    Arlette Cornwall

    Peter M. Scotti & Assoc.,Inc.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1391071

State-Wide MLS

APN: SKIN-005703-000000-000001-000049

Rhode Island Washington County Wakefield 02879

49 Shadow Farm Way, Wakefield, RI

This home is located at 49 Shadow Farm Way, Wakefield, RI 02879 and is currently priced at $499,000, approximately $551 per square foot. This property was built in 1902. 49 Shadow Farm Way is a home located in Washington County with nearby schools including South Kingstown High School, Monsignor Matthew Clarke Catholic Regional School, and Bradley School-South.

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