21 Luther Rd, Foster, RI, 02825
About This Home
Six-Acre Horse Farm with Colonial Home & Legal ADU – Cash or 203(k) Only Set on six beautiful acres, this property offers a rare combination of space, agricultural potential, and multi-generational living. The main colonial home needs repair but provides a generous layout with five bedrooms, a full bath, living room, dining room, and an eat-in kitchen. An added bonus is the legal in-law/ADU unit, complete with one bedroom, bathroom, living room, and kitchen—all with separate heating and electric, making it ideal for extended family, rental income, or caretaker housing. ??Farm Features Nine-stall horse barn Four additional smaller stables suitable for goats or small livestock Expansive acreage offering room for riding, farming, or future improvements Important Notes Property is being sold as-is Cash buyers or 203(k) renovation loans only This is and Estate Sale no disclosers listed with property Seller must find suitable housing prior to closing
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1790
Materials
- Foundation: Unknown
- Construction materials: Dry Wall,Clapboard
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Tankless Water Heater,Dryer,Oven/Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished
Bathroom
- Level: Second
Bathroom
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
Dining Room
- Level: First
Features
- Wall (Dry Wall),Bath w/ Shower,Bedroom,Den,Dining Area,Dining Room,Eat In Kitchen,Full Bath,In-Law Apartment,Kitchen,Laundry Area,Living Room,Mud Room,Porch,Sun Room,Plumbing (Mixed),Insulation (Unknown)
- Flooring: Ceramic Tile,Hardwood,Carpet
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 3,584
Heating & Cooling
- Heating features: Oil,Baseboard,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 3,584
- Total interior livable area: 3,584 sqft
Kitchen
- Level: First
Kitchen
- Level: First
Living Room
- Level: First
Mud Room
- Level: First
Other
- Level: First
Other
- Level: Second
Other
- Level: Second
Other
- Level: Second
Other
- Level: First
Other
- Level: Second
Other
- Level: First
Property
Details
- Parcel number: FOSTP05L0059
- Zoning: res
- Other equipment: Pellet Stove
Features
- Patio & porch: Deck,Porch
- Horses can be raised: Yes
Lot
- Lot size: 5.92 Acres
- Features: Horse Permitted
Parking
- Total spaces: 5
- 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
- Heat Wave
- Inland 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 | $3,286 | $39,432 |
| Home Insurance * | $277 | $3,324 |
| Property Taxes | $1,147 | $13,764 |
| Electricity | $729 | $8,758 |
| Total | $5,439 | $65,268 |
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 |
|---|---|---|
| 2026-04-27 | Listed for sale | $694,900 |
| 2016-12-14 | Sold | $425,000 |
| 2016-09-12 | Price change | $429,900 |
| 2016-08-31 | Listed for sale | $439,900 |
| 2016-02-24 | Listing removed | $434,900 |
| 2015-11-04 | Price change | $434,900 |
| 2015-07-10 | Price change | $439,900 |
| 2014-06-18 | Price change | $459,900 |
| 2014-04-19 | Listed for sale | $479,900 |
| 1995-02-09 | Sold | $100,000 |
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