USARIChepachetWaterman Lake48 Waterman Lake Dr
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$229,900

For Sale

5 days ago

48 Waterman Lake Dr, Chepachet, RI

House

MLS® 1415617

3 Bed

1 Bath

960 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 960 sqft
Garage Yes
Taxes $3,525
Days Active 4
Lot Size 0.314 Acres
Approx. Age 1945
Avg. Price Per Sqft $239
MLS® Number 1415617

Property Address: 48 Waterman Lake Dr, Chepachet, RI, 02814-2315

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1415617
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1945
BasementCrawl Space, Unfinished
DrivewayDetached, Garage
Garage Spaces
HeatBaseboard, Oil
A/CWindow Units

Extras

Rooms

Change to metres

Bedroom 3:Second Floor14.9 × 23.2 ft
Kitchen:First Floor7.9 × 10.4 ft
Other:First Floor4.1 × 10.1 ft
Laundry:First Floor3.4 × 6.6 ft
Bedroom 1:First Floor9.9 × 7.1 ft
Bedroom 2:First Floor8.7 × 11 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 17, 2026List Date
$229,900List Price
  • Commute

Commute

Starting Address
Destination Address
48 Waterman Lake Dr, Chepachet, RI

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