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199 Plainfield Pike, Foster, RI, 02825

3beds
3baths
4,902sqft
$860,000
$175price/sqft
$7,231/moest. monthly cost
$289,240/yrincome needed

About This Home

Historic Charm, Modern Farm Living on 16.56 Acres Own a piece of Rhode Island history at the Mount Vernon Tavern, a beautifully preserved 3-bedroom, 2.5-bath Colonial on 16.56 picturesque acres. Once a bank, tavern, general store, post office, and doctor's office, this extraordinary property blends historic character with thoughtful modern updates. Inside, you'll find wide-plank pine floors, exposed beams, soaring ceilings, six original fireplaces, and the original Keeping Room with its beehive oven. The updated kitchen features stainless steel appliances, soapstone and granite countertops, an advanced whole-house water filtration system, and a reverse osmosis drinking water tap. A spacious deck with pergola overlooks the scenic property. Currently operating as a hobby farm, the property is ideal for homesteading, horses, or a private family retreat. Recent additions include a 30' x 50' high tunnel greenhouse, a brand-new 260-gallon double-lined oil tank, and a 12' x 12' framed barn ready to be finished. Additional features include a predator-proof chicken coop, Wellscroft-fenced goat pasture, two beehives, equipment barn, second driveway, and two expansive rear pastures. Surrounded by classic New England stone walls, the land is filled with mature apple, Asian pear, cherry, and hickory trees, along with grapes, raspberries, and elderberries, creating a truly picturesque setting. Enrolled in Rhode Island's Forest/Homestead Tax Program for transferable tax savings, with no local or deed restrictions on renovations, this rare property offers endless possibilities. Whether you're seeking a historic home, hobby farm, equestrian property, or peaceful country escape, the Mount Vernon Tavern is a one-of-a-kind opportunity. Bedrooms: 3 Bathrooms: 3 Full bathrooms: 2 Heating: Electric, Oil, Forced Air, Hot Air, Radiant (heated floor) Cooling: Ductless Flooring: Hardwood, Wood Basement: Full,Walk-Out Access,Unfinished Number of fireplaces: 6 Fireplace features: Brick Total structure area: 2,878 Total interior livable area: 2,878 sqft Finished area above ground: 2,878 Finished area below ground: 0 Fencing: Fenced Lot Size: 16.56 Acres Features: Local Historic District, Horse Permitted, Farm land

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

6/10
Ponaganset Middle SchoolGrades 6-86.1 mi
8/10
Ponaganset High SchoolGrades 9-125.3 mi

Construction

Condition

  • Year built: 1756

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial

Interior

Appliances

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

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Radiant,Oil
  • Cooling features: Central

Interior Area

  • Total interior livable area: 4,902 sqft

Property

Details

  • Parcel number: FOSTP02L0064

Features

  • Exterior features: Wood

Lot

  • Lot size: 16 Acres

Parking

  • Parking features: Garage - Detached,Off-street

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
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $4,348$52,176
Home Insurance *$367$4,404
Property Taxes $1,518$18,216
Electricity $998$11,980
Total$7,231$86,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$247,920/yr
40% on housing$216,930/yr
45% on housing$192,826/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

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 02825$222
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02825$283
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)

Price History

DateEventPrice
2026-07-23Listed for sale$860,000
2024-11-26Sold$786,000
2024-10-09Pending sale$785,900
2024-10-01Listed for sale$785,900
2021-02-26Sold$485,000
2021-02-02Pending sale$507,000
2020-12-09Price change$507,000
2020-11-12Price change$522,000
2020-10-29Price change$529,000
2020-09-23Price change$549,000
2020-08-19Listed for sale$569,000
2018-03-09Sold$475,000
2018-02-20Pending sale$475,000
2017-08-30Listed for sale$475,000

For Sale by Owner

AgentProperty Owner

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