1087 Lakeside Drive Block Island

$3,950,000
6 5.5 3,600 sq ft

The Property

Welcome to 1087 Lakeside Drive – an exceptional retreat offering the perfect blend of privacy, comfort, and convenience. Nestled upon a three-acre parcel with sweeping views of Fresh Pond, this centrally located property is a rare opportunity to own a marvelous home with premium amenities. This beautifully maintained residence received a complete exterior renovation in 2023, including a new roof, decks, and windows. The sprawling, light-filled interior boasts six spacious bedrooms and five full baths, which include two suites ideal for guests or a potential Bed & Breakfast venture.

The heart of the home features an open-concept kitchen with upscale appliances, a center island, and a dining area that will seat twelve – and along with both front and back decks, is perfect for entertaining! The property includes a three-car heated garage, a full basement, and a robust nine-bedroom septic system. Deeded water rights to Fresh Pond enhance the experience, while immediate access to the island’s premier walking trails and a 5-minute drive to beaches places you at the center of everything Block Island has to offer. Additionally, this property can be enjoyed as both a family residence, creating your very own rituals, or a lucrative investment property with already established income-generating rentals. From sipping coffee at sunrise to spectacular sunsets over Fresh Pond, this coastal home offers true island adventures!

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Listing Details

MLS Number

1385913

Lot Size:

2.82 acres

Features

  • Basement: Full, Interior and Exterior, Partially Finished, Storage Space
  • Marina
  • Public School
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Balcony
  • Deck
  • Porch
  • Heating: Oil, Baseboard, Zoned
  • Heating Fuel: Oil, Baseboard, Zoned
  • Garage: 1
  • Out Building
  • Paved Driveway
  • Underground Utilities
  • Type: Cape Cod
  • Year Built: 1981
  • Water Amenities: Freshwater View, Saltwater View, Walk to Fresh Water, Walk To Water

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Market Trends for Single Family Homes
in Block Island

  • Overview
    Homes for Sale Today16-90.1% decrease in inventory
    New on Market *0-100% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$1,456 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$1,746,667 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$1,190 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *214 decrease 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?

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

Listed by Sullivan Sotheby's Intl.Realty

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