Back 48 Waterman Lake Drive
Off Market

48 Waterman Lake Drive

Harmony RI 02814

3
1
2
960 sq. ft.
13678 sq. ft.
Single-Family
Last sold for $215,000
The DiSpirito TeamThe DiSpirito Team, last sold this property on 29 September 2026 after 103 days on market.

Overview

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.

Features

3 bedrooms
1 bathroom
2 carspaces
1 garage space
960 sq. ft. floor area
13678 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Harmony over the last 12 months, the estimated median property value of 48 Waterman Lake Drive is $537.5k.

Median value
$537.5k
Estimated value range
$215k - $955k
Median days on market
26
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Harmony. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 48 Waterman Lake Drive

2026
Sold
$215,000
29 Sep 2026 by The DiSpirito Team, of Engel & Volkers

Happy sellers in Harmony

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We have insufficient information to provide an overview of customer satisfaction for Harmony. Viewing the agent profiles, reviews and sales for Harmony can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Harmony

In the last 12 months, 40 three-bedroom single-family properties similar to 48 Waterman Lake Drive, have been sold.

This represents a 11% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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