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$229,900 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 960 Sq. Ft.
  • 0.314 Acres
  • 1 Car Garage
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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.

Full Property Details for 48 Waterman Lake Dr

General

  • Price: $229,900
  • HOA FEE: $6/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,525 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: STWMLS
  • MLS ID: 1415617
  • Updated: 6/23/2026
  • Added to Site: 68 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Attic, Interior Steps, Permanent Attic Stairs, Tub Shower
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Stone
  • Appliances: Dryer, Electric Water Heater, Refrigerator, Range Hood, Washer
  • Flooring: Hardwood, Laminate, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Total Spaces: 2
  • Parking Features: Detached, Garage

Location

  • County: Providence
  • Subdivision: Waterman Lake
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard, Oil

Utilities

  • Water: Well
  • Well: Yes

Structural Information

  • Architectural Style: Cape Cod
  • Detached/Attached: Detached
  • Construction: Drywall, Wood Siding, Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Crawlspace, Unfinished
  • Stories/Levels: 1
  • Building Size: 960
  • Square Feet: 960
  • Living Area: 960 Sq. Ft.
  • Finished Total: 960 Sq. Ft.
  • Finished Above Grnd: 960 Sq. Ft.
  • Year Built: 1945

Additional Structures

  • Other Structures: Outbuilding

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.314
  • Lot Size (Sq. Ft.): 13,678
  • Lot Size: 13678
  • Lot Features: Wooded

Water Features

  • Water View: Yes
  • Water Front Desc.: Beach Access, River Front, Water Access, Walk to Water

Financial Considerations

  • Association Fee: $75
  • Assoc Fee Freq.: Annually
  • Tax Amount: $3,525
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 48WATERMANLAKEDRGLOC
  • Block: 89

Listed by Engel & Volkers Oceanside

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Listing agent

— 48 Waterman Lake Dr —

  • Engel & Volkers Oceanside

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 48 Waterman Lake Dr

School Districts:Glocester Elementary School District, Foster-Glocester Regional School District
NameGradesDistance
Fogarty Memorial School
736 Snake Hill Road, Scituate, RI 02857
K-51.9 mi
Ponaganset Middle School
7 Rustic Hill Road, Scituate, RI 02857
6-84.2 mi
Ponaganset High School
137 Anan Wade Road, Scituate, RI 02857
9-126.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 48 Waterman Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Listed
$229,900
22989900%
MLS
12/22/2011
Sold
$1
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 48 Waterman Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,525
3%
$247,200
—
2024
$3,426
-3%
$247,200
—
2023
$3,523
10%
$247,200
45%
2022
$3,189
633%
$170,600
—
2021
$435
-86%
$170,600
—
2020
$3,108
35%
$170,600
49%
2018
$2,294
1%
$114,700
—
2017
$2,263
4%
$114,700
18%
2016
$2,175
1%
$96,900
—
2015
$2,143
2%
$96,900
—
2014
$2,110
-17%
$96,900
-19%
2013
$2,536
—
$119,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Engel & Volkers Oceanside

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48 Waterman Lake Drive, Glocester, RI 02814 (MLS# 1415617) is a Single Family property with 3 bedrooms and 1 full bathroom. 48 Waterman Lake Drive is currently listed for $229,900 and was received on June 17, 2026. Want to learn more about 48 Waterman Lake Drive? Do you have questions about finding other Single Family real estate for sale in Glocester? You can browse all Glocester real estate or contact a Coldwell Banker agent to request more information.

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