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1 Bayou Dr, Smithfield, RI, 02828

1beds
2baths
1,590sqft
$529,900
$333price/sqft
$3,814/moest. monthly cost
$152,560/yrincome needed

About This Home

Waterfront Living on Slacks Reservoir - Fully Renovated Retreat. Welcome to your own waterfront escape in the desirable Greenville area of Smithfield. This beautifully renovated home features 1 bedroom, 2 full bathrooms and a fully finished basement, providing flexible living space for guests, a home office or additional entertaining. The true highlight of this property is its exceptional waterfront setting. Enjoy panoramic views of Slacks Reservoir from the comfort of your home or step outside to take advantage of your private dock and boat ramp, making boating, fishing, kayaking and paddleboarding just steps from your door. Whether you're looking for a peaceful year-round residence, a weekend getaway, or a unique waterfront investment, this move-in ready property offers an incredible opportunity. Don't miss your chance to own this turnkey waterfront gem with unmatched views and direct water access.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

--
William Winsor SchoolGrades K-50.2 mi
6/10
Smithfield High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Vinyl 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,Walk-Out Access,Finished,Bath/Stubbed,Bedroom(s)

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: None
  • Fireplace: Yes
  • Finished area below ground: 600
  • Finished area above ground: 990

Heating & Cooling

  • Heating features: Natural Gas,Forced Water
  • Cooling features: None

Interior Area

  • Total structure area: 990
  • Total interior livable area: 1,590 sqft

Property

Details

  • Parcel number: SMITM06B000L130U
  • Zoning: R20

Features

  • Patio & porch: Deck
  • On waterfront: Yes
  • Waterfront features: Dock,Freshwater Front,Walk to Fresh Water

Lot

  • Lot size: 6,534 sqft

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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $2,679$32,148
Home Insurance *$202$2,424
Property Taxes $544$6,528
Electricity $389$4,675
Total$3,814$45,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,765/yr
40% on housing$114,420/yr
45% on housing$101,706/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

$333This listing

vs Other Active Listings

Avg $/sqft

ZIP 02828$268
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02828$302
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
2026-08-11Pending sale$529,900
2026-08-05Contingent$529,900
2026-08-03Listed for sale$529,900
2020-02-28Sold$255,000
2019-09-13Listed for sale$279,900
2019-09-13Pending sale$279,900
2019-08-10Listed for sale$279,900
1996-11-08Sold$80,000

For Sale by Agent

AgentRuth Hanahan
BrokerageBeretta Realty Company

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