2625 Commodore Perry Hwy #B, Wakefield, RI, 02879
About This Home
Perched high in Matunuck Hills, this extraordinary coastal estate captures sweeping views of Block Island Sound, Point Judith, and the Atlantic beyond. Set on 2.64 landscaped acres with flowering gardens, stone walls, a Koi pond, and deeded access to pristine Wash Pond, this rare property blends historic elegance with thoughtful modern updates. Built in 1953 for the heiress to the Ballantine Beer fortune and later owned by the University of Rhode Island, the 8-bedroom, 6-bath residence offers more than 9,000 square feet of exceptional living space. Granite and brick construction, a slate roof, oak floors, custom millwork, and stunning stone fireplaces showcase timeless craftsmanship throughout. Designed for entertaining and multigenerational living, the home features a dramatic great room, tavern-style family room, billiards and game rooms, wine tasting cellar, and generous guest accommodations. The private west wing primary suite includes a dressing room, office, and beautiful water views. Recent upgrades include quartz countertops, a top-tier boiler, new air conditioning, new well, and new 8-bedroom septic system. Enjoy sunsets from the south-facing stone patio and expansive mahogany deck, just minutes from beaches, marinas, golf, and renowned restaurants. Only 25 minutes to Newport, 90 minutes to Boston, and accessible to NYC by car or rail. Currently a very successful and profitable rental.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1953
Materials
- Foundation: Concrete Perimeter
- Construction materials: Paneled,Plaster,Wood Wall(s),Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial,Victorian
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Range Hood,Microwave,Oven/Range,Washer
Basement
- Has basement: Yes
- Basement: Full,Interior and Exterior,Partially Finished,Family Room,Laundry,Living Room,Storage Space,Utility,Wine Cellar,Work Shop
Bathroom
- Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Wall (Paneled),Wall (Plaster),Wall (Wood),Stairs,Plumbing (Copper),Plumbing (Mixed),Insulation (Ceiling),Elevator
- Flooring: Ceramic Tile,Hardwood,Laminate,Vinyl,Carpet
- Number of fireplaces: 2
- Fireplace features: Brick,Stone
- Fireplace: Yes
- Attic: Attic Stairs, Attic Storage
- Finished area below ground: 2,202
- Finished area above ground: 7,875
Heating & Cooling
- Heating features: Oil,Forced Water,Zoned
- Cooling features: Central Air
Interior Area
- Total structure area: 7,875
- Total interior livable area: 10,077 sqft
Property
Details
- Other equipment: Cable TV,Elevator
- Foundation area: 6550
Features
- Patio & porch: Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Access
Lot
- Lot size: 2.64 Acres
- Features: Wooded
Parking
- Total spaces: 11
- Parking features: Attached,Driveway
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
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
- 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 | $10,871 | $130,452 |
| Home Insurance * | $812 | $9,744 |
| Property Taxes | $1,630 | $19,560 |
| Electricity | $2,052 | $24,627 |
| Total | $15,365 | $184,380 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-15 | Price change | $2,150,000 |
| 2026-05-23 | Listed for sale | $2,400,000 |
| 2022-10-07 | Sold | $820,000 |
| 2022-06-11 | Pending sale | $820,000 |
| 2022-06-11 | Listed for sale | $820,000 |
| 2022-01-27 | Listing removed | -- |
| 2021-10-02 | Listed for sale | $1,199,000 |
| 2021-09-01 | Pending sale | $1,199,000 |
| 2021-03-05 | Listed for sale | $1,199,000 |
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