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199 Lepes Rd, Tiverton, RI, 02878

3beds
2baths
3,006sqft
$749,900
$249price/sqft
$5,459/moest. monthly cost
$218,360/yrincome needed

About This Home

Welcome to this stunning contemporary retreat where sweeping views of the Sakonnet River take center stage. Nestled on a serene 0.34-acre lot in one of Tiverton's most sought-after neighborhoods, this 3-bedroom, 2-bath home offers over 3,000 square feet of thoughtfully designed living space spread across four remarkable levels — giving everyone room to spread out while soaking in the scenery. Step inside and you're immediately welcomed by gleaming hardwood floors and a sun-drenched open-concept layout that feels both expansive and inviting. The heart of the home is a beautifully appointed kitchen featuring stainless steel appliances, rich granite countertops, generous cabinet storage, and a spacious center island that flows effortlessly into the dining area — ideal for entertaining or relaxed family gatherings. The multi-level floor plan creates natural separation between living, dining, and sleeping spaces, offering both privacy and flexibility. Wake up each morning to breathtaking water views that remind you exactly why you chose this home. Outside, the peaceful setting provides a true escape from the everyday, while still keeping you conveniently close to Tiverton's charming shops, restaurants, and the scenic beauty of the East Bay. Whether you're looking for a year-round residence or a coastal retreat, 199 Lepes Road delivers the best of Rhode Island living.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

6/10
Pocasset SchoolGrades PK-40.5 mi
6/10
Tiverton Middle SchoolGrades 5-83.2 mi
8/10
Tiverton High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Dry Wall,Wood

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Partially Finished,Family Room

Bathroom

  • Features: Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Wall (Dry Wall),Plumbing (Copper),Insulation (Ceiling),Insulation (Walls)
  • Flooring: Ceramic Tile,Hardwood
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 3,006

Heating & Cooling

  • Heating features: Oil,Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,006
  • Total interior livable area: 3,006 sqft

Property

Details

  • Parcel number: TIVEM114B203

Features

  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 0.34 Acres

Parking

  • Total spaces: 7
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Rhode Island Counties

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 $3,791$45,492
Home Insurance *$373$4,476
Property Taxes $683$8,196
Electricity $612$7,346
Total$5,459$65,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$187,165/yr
40% on housing$163,770/yr
45% on housing$145,573/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: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$249This listing

vs Other Active Listings

Avg $/sqft

ZIP 02878$275
Newport County$549

vs Homes Sold Last Month

Median $/sqft

ZIP 02878$315
Newport County$380

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

DateEventPrice
2026-04-30Listed for sale$799,900
2024-06-06Sold$580,000
2024-05-08Pending sale$586,900
2024-04-30Listed for sale$586,900
2024-01-05Listing removed$599,900
2023-12-10Price change$599,900
2023-11-09Price change$624,900
2023-09-01Listed for sale$639,900

For Sale by Agent

AgentRonald Oliveira
BrokerageRE/MAX Vantage

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