




38 Steeple Ln, Lincoln, RI, 02865
About This Home
This home is truly unlike anything else on the market. Welcome to 38 Steeple Lane, set on a manicured 2.28-acre lot offering exceptional privacy and ample space for entertaining. Located in the highly sought-after Somerset Farms neighborhood in Lincoln, this brick-front Colonial offers over 5,000 square feet of thoughtfully designed living space. The main level features an elegant open-concept layout with a spacious modern kitchen, dining area, and living room anchored by a gas fireplace. In addition to the open living space, the first floor also includes a formal dining room, formal sitting room, and a convenient half bath. Sliders lead to a full rear deck overlooking the expansive grounds, complete with an 8-zone sprinkler system servicing the entire lawn. A grand staircase leads to the second floor, where the primary suite features an en-suite bath with a two-person jetted tub. Two additional bedrooms offer walk-in closets, while another oversized bedroom includes an attached sitting area or office space. An additional full bathroom completes the upper level. The fully finished walkout lower level includes a private in-law suite with new appliances, two bedrooms, a full bathroom, and a separate bonus room ideal for a dressing room, gym, or storage. Additional upgrades include a Navien heating system, central air, owned solar panels, a three-car garage, and a large detached shed with carpeted bonus space perfect for a workshop, den, or retreat.
Getting Around
Schools
Construction
Condition
- Year built: 2001
Materials
- Foundation: Concrete Perimeter
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial,Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Flooring: Ceramic Tile,Hardwood
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 5,156
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 5,156
- Total interior livable area: 5,156 sqft
Property
Details
- Parcel number: LINCM45L3720U
Lot
- Lot size: 2.28 Acres
Parking
- Total spaces: 13
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Inland Flooding
- Cold Wave
- Hurricane
- Heat Wave
- Ice Storm
- 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 | $7,331 | $87,972 |
| Home Insurance * | $562 | $6,744 |
| Property Taxes | $1,605 | $19,260 |
| Electricity | $1,050 | $12,600 |
| Total | $10,548 | $126,576 |
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 |
|---|---|---|
| 2026-07-21 | Listed for sale | $1,450,000 |
| 2026-07-21 | Listing removed | $1,450,000 |
| 2026-05-26 | Listed for sale | $1,450,000 |
| 2022-08-26 | Sold | $1,050,000 |
| 2022-07-20 | Pending sale | $1,050,000 |
| 2022-07-12 | Listed for sale | $1,050,000 |
| 2015-02-25 | Sold | $579,400 |
| 2014-08-31 | Listing removed | $599,900 |
| 2014-08-28 | Price change | $599,900 |
| 2014-08-15 | Price change | $599,400 |
| 2014-07-09 | Price change | $599,900 |
| 2014-06-26 | Price change | $599,400 |
| 2013-09-15 | Price change | $599,900 |
| 2013-05-30 | Price change | $619,000 |
| 2013-05-03 | Listed for sale | $639,900 |
| 2012-10-02 | Listing removed | $599,000 |
| 2012-03-14 | Price change | $599,000 |
| 2011-10-19 | Listed for sale | $674,000 |
| 2002-03-27 | Sold | $420,000 |
