5 Drake Drive Richmond

$799,900
4 2.5 2,394 sq ft

The Property

Located in the highly desirable Oak Hill Estates neighborhood, this spacious home offers the perfect blend of privacy, community, and convenience. Situated on a cul-de-sac on a cul-de-sac, enjoy a quiet, low-traffic setting ideal for everyday living. This is the largest floor plan in the neighborhood and features 4 bedrooms and 2.5 bathrooms, plus a large bonus room upstairs that can serve as an alternative primary bedroom, media room, or flexible living space. The fully finished basement adds even more versatility with a secondary living room and additional space perfect for an office, guest room, or playroom.

Step outside to a large, flat, fully fenced backyard—ideal for entertaining, pets, and outdoor enjoyment. Enjoy coastal Rhode Island living with quick access to some of the state’s best beaches, dining, and entertainment. Golfers will love the location with numerous golf courses nearby. Conveniently located just 5 minutes from the University of Rhode Island, with easy access to Amtrak and commuter rail service. Only a short drive to Newport, Providence, and world-class entertainment including Foxwoods, Mohegan Sun, and The Preserve. Nearby outdoor recreation includes Arcadia Management Area, Burlingame State Park, and the Block Island Ferry for easy day trips. Fully furnished sale option available and negotiable. A rare opportunity to own a beautiful home in one of Richmond’s most sought-after neighborhoods.

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Listing Details

MLS Number

1405112

Lot Size:

0.65 acres

Features

  • Basement: Full, Bulkhead, Partially Finished, Common, Storage Space
  • Fireplace: Brick
  • Heating: Bottle Gas, Central Air, Forced Air
  • Heating Fuel: Bottle Gas, Central Air, Forced Air
  • Garage: 1
  • Fenced
  • Paved Driveway
  • Sidewalks
  • Type: Colonial
  • Year Built: 2014

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Market Trends for Single Family Homes
in Richmond

  • Overview
    Homes for Sale Today12-96.7% decrease in inventory
    New on Market *3-25% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$263.91$60 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$560,000$71,556 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.22%1.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$344.72$45 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8121 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Re/Max Bell Park

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