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1035 Mohegan Trl, Block Island, RI, 02807

5beds
4baths
4,372sqft
$3,800,000
$869price/sqft
$23,389/moest. monthly cost
$935,560/yrincome needed

About This Home

This waterfront property offers an increasingly rare opportunity to own along Block Island’s striking southern shoreline. With expansive views of the Atlantic and direct proximity to the Mohegan Bluffs and Vail Beach, the setting is both breathtaking and peaceful. The 2.26-acre lot is home to a residence that has been cherished by the same family who originally designed and built it, now ready to be passed on to new owners. The home is being sold as-is and will require renovation, offering a chance to restore or completely reimagine a classic Island escape. Inside, a dramatic floor-to-ceiling brick fireplace serves as the heart of the main living area and continues through to a second fireplace in the lower level. A built-in brick cooking fireplace adds rustic charm to the kitchen, offering a rare focal point for gathering and entertaining. Expansive windows, vaulted ceilings, and natural materials create an immediate connection to the landscape, while generous outdoor space frames the ever-changing ocean beyond. A full home inspection is available upon request, providing helpful insight for those ready to bring new life to this truly special offering. Whether you're seeking a personal retreat or an investment in one of Block Island’s most desirable coastal locations, this is a rare opportunity to create something unforgettable.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
Block Island SchoolGrades K-121.1 mi

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Paneled,Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven/Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Bedroom(s),Family Room,Laundry

Bathroom

  • Features: Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Wall (Paneled),Cathedral Ceiling(s),Plumbing (Copper),Insulation (Walls),Ceiling Fan(s)
  • Flooring: Hardwood,Other
  • Number of fireplaces: 3
  • Fireplace features: Brick
  • Fireplace: Yes
  • Finished area below ground: 1,592
  • Finished area above ground: 2,780

Heating & Cooling

  • Heating features: Oil,Baseboard,Forced Water
  • Cooling features: None

Interior Area

  • Total structure area: 2,780
  • Total interior livable area: 4,372 sqft

Property

Details

  • Parcel number: BLOCM09L061
  • Zoning: RA

Features

  • Exterior features: Barbecue
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Ocean Front,Saltwater Front

Lot

  • Lot size: 2.26 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 FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
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 $19,214$230,568
Home Insurance *$1,509$18,108
Property Taxes $1,776$21,312
Electricity $890$10,684
Total$23,389$280,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$801,908/yr
40% on housing$701,670/yr
45% on housing$623,706/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: 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

$869This listing

vs Other Active Listings

Avg $/sqft

ZIP 02807$999
Washington County$614

vs Homes Sold Last Month

Median $/sqft

ZIP 02807$1,085
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)

No zestimate history available

Price History

DateEventPrice
2026-03-10Listed for sale$3,800,000
2026-03-01Listing removed$3,800,000
2025-10-17Price change$3,800,000
2025-08-02Listed for sale$4,500,000

For Sale by Agent

AgentRosemary TOBIN
BrokerageLila Delman Compass

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