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5 Lees Ln, Glocester, RI, 02814

2beds
1baths
648sqft
$329,900
$509price/sqft
$2,578/moest. monthly cost
$103,120/yrincome needed

About This Home

Welcome to 5 Lees Lane in Glocester—where all the heavy lifting has already been done for you. This fully updated 2-bedroom, 1-bath home is the definition of turn-key, offering the perfect blend of modern upgrades, comfort, and value. From the moment you arrive, you’ll notice the brand new siding and clean curb appeal. Step inside to a completely refreshed interior featuring new flooring throughout, a beautifully renovated kitchen with updated finishes, and a stylish new bathroom designed for both function and comfort. Every major system has been taken care of—including a new well, new septic system, new heating system, and central air—giving you true peace of mind for years to come. This is the kind of property buyers wait for… where you don’t have to worry about surprise expenses or tackling big-ticket projects after closing. Whether you’re a first-time buyer, downsizing, or looking for a low-maintenance investment, this home checks all the boxes. Located in a great area with easy access to local amenities while still enjoying the privacy and feel Glocester is known for, you’ll also love the convenience of plenty of off-street parking and a manageable, easy-to-maintain setup. At under $350K—with this level of updates—opportunities like this are rare. This is not just a good deal… it’s a smart one. Don’t wait, because homes like this don’t last. Schedule a showing today!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
Ponaganset Middle SchoolGrades 6-86.4 mi
8/10
Ponaganset High SchoolGrades 9-125.0 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Other Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Bulkhead,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Plumbing (Mixed)
  • Flooring: Hardwood
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 648

Heating & Cooling

  • Heating features: Oil,Baseboard
  • Cooling features: Central Air

Interior Area

  • Total structure area: 648
  • Total interior livable area: 648 sqft

Property

Details

  • Parcel number: GLOCM001B043

Lot

  • Lot size: 0.37 Acres

Parking

  • Total spaces: 4
  • 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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm
Tornado

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 $1,668$20,016
Home Insurance *$135$1,620
Property Taxes $386$4,632
Electricity $389$4,675
Total$2,578$30,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,388/yr
40% on housing$77,340/yr
45% on housing$68,746/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: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$509This listing

vs Other Active Listings

Avg $/sqft

ZIP 02814$232
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02814$257
Providence County$271

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

DateEventPrice
2026-08-12Pending sale$329,900
2026-07-28Price change$329,900
2026-07-23Listed for sale$335,000
2026-07-22Listing removed$339,900
2026-06-23Listed for sale$339,900
2026-04-03Sold$140,000
2026-02-07Pending sale$149,900
2026-01-06Listed for sale$149,900
2025-12-11Pending sale$149,900
2025-12-05Sold$82,500
2025-12-05Listed for sale$149,900
2013-12-12Sold$45,000
2010-06-30Sold$199,900
2006-10-27Sold$311,500

For Sale by Agent

AgentMatt Mandeville
BrokerageeXp Realty LLC

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