208 Chapel St, Block Island, RI, 02807
About This Home
Immaculately maintained and ideally located in the heart of Old Harbor, this charming home offers the perfect blend of convenience and privacy. Step through the gate from the vibrant energy of town into your own peaceful, stone-walled oasis. The inviting hardwood front porch overlooks the beautifully enclosed yard, creating the perfect setting for morning coffee or afternoon cocktails. Inside, the first floor features an open-concept kitchen, living, and dining area, along with a spacious first-floor bedroom, a half bath, and multiple generous closets providing abundant storage, utility space, and a convenient laundry/pantry area. Upstairs, you'll find three large, airy bedrooms situated off a wide central hallway, along with two full bathrooms, offering plenty of space for family and guests. Whether you're looking for a year-round residence, a seasonal getaway, or an investment property, this home is exceptionally well suited to all. Enjoy the ease of walking from the ferry directly to your home, spending mornings strolling the beach, and evenings dining at the island's restaurants—all without needing a car. For investors, this property's prime in-town location and easy ferry access make it an outstanding opportunity for year-round or seasonal rental income.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2003
Materials
- Foundation: Concrete Perimeter
- Construction materials: Dry Wall,Shingles
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Exhaust Fan,Range Hood,Oven/Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Crawl Space,Bulkhead,Unfinished
Bedroom1
- Level: First
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Wall (Dry Wall),Stairs,Plumbing (Mixed),Insulation (Ceiling),Insulation (Walls),Ceiling Fan(s)
- Flooring: Ceramic Tile,Hardwood
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 2,596
Heating & Cooling
- Heating features: Oil,Baseboard,Central Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,596
- Total interior livable area: 2,596 sqft
Property
Details
- Zoning: PD
- Other equipment: Fuel Pump,Fuel Tank(s)
- Foundation area: 1540
Features
- Fencing: Fenced
- Waterfront features: Walk to Salt Water
Lot
- Lot size: 4,791 sqft
- Features: Local Historic District
Parking
- Total spaces: 2
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,636 | $151,632 |
| Home Insurance * | $992 | $11,904 |
| Property Taxes | $1,895 | $22,740 |
| Electricity | $528 | $6,344 |
| Total | $16,051 | $192,612 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $2,250,000 |
| 2026-07-27 | Listed for sale | $2,499,000 |
| 2023-11-22 | Sold | $1,600,000 |
| 2023-10-11 | Pending sale | $1,785,000 |
| 2023-10-03 | Listed for sale | $1,785,000 |
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