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285 Gooseberry Rd, Wakefield, RI, 02879

1beds
1baths
700sqft
$950,000
$1,357price/sqft
$6,270/moest. monthly cost
$250,800/yrincome needed

About This Home

2 cottages on one parcel Main house has a 2 car garage with a large loft above for lots of storage and the other is a 1 bed just adorable true beach cottage that has heat for year round living, a nice size back yard ,both have separate utilities and both have basements, ride your bike to East Matunuck beach walk to marinas, go kayaking in potters pond ... public launch down the street all of this and more located in the quiet neighborhood of snug harbor

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

8/10
Matunuck SchoolGrades K-51.3 mi
9/10
Broad Rock Middle SchoolGrades 6-85.0 mi
8/10

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood,Vinyl
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 700

Heating & Cooling

  • Heating features: Oil,Forced Water
  • Cooling features: Individual Unit

Interior Area

  • Total structure area: 700
  • Total interior livable area: 700 sqft

Property

Lot

  • Lot size: 0.32 Acres

Parking

  • Total spaces: 8
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Hurricane
Ice Storm
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Fire
Flood
Severe Storm

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

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$358$4,296
Property Taxes $720$8,640
Electricity $389$4,675
Total$6,270$75,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$214,971/yr
40% on housing$188,100/yr
45% on housing$167,200/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

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.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,357This listing

vs Other Active Listings

Avg $/sqft

ZIP 02879$547
Washington County$616

vs Homes Sold Last Month

Median $/sqft

ZIP 02879$443
Washington County$360

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

DateEventPrice
2026-08-11Price change$919,900
2026-07-21Price change$950,000
2021-05-15Listed for sale$599,900

For Sale by Agent

AgentLisa Jester
BrokerageRI Real Estate Services

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