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1222 Cooneymus Rd, Block Island, RI, 02807

5beds
3baths
2,768sqft
$1,950,000
$704price/sqft
$12,108/moest. monthly cost
$484,320/yrincome needed

About This Home

Perched on the edge of Rodmans Hollow and sitting on over 10 conserved acres of land, this home is in a truly unique location.The home is beautifully sited to take advantage of the sweeping views over Deep Pond and the protected Hollow. The large lot, coupled with the 230 acres of the Hollow, ensure the ultimate private retreat in perpetuity. As you step into the home, you immediately see the beautiful views from the large picture windows that grace the south side of the house.The main floor offers a large kitchen with plenty of storage and a dining area that opens up onto the wrap around deck for easy al fresco dining. The main feature of this level is the lovely living room with high ceilings, hardwood floors and fantastic views. Off the living room is a primary ensuite bedroom, a full bath, private deck and walk in closet. There is also a smaller room on this floor that is currently used as an office, but can easily be converted into a bedroom or nursery. On the lower level you will find three bedrooms, a full bath, laundry area and a bonus room that opens up onto a stone patio and outdoor shower. All the rooms on this floor have views of the pond. Deep Pond is a wonderful spot for fishing in summer and skating in the winter. A conservation easement on the property restricts further development, but does allow, with permission from the Nature Conservancy for trails to be created throughout the 10 acre parcel. You can create your very own private Greenway Trail!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

5/10
Block Island SchoolGrades K-121.8 mi

Construction

Condition

  • Year built: 1986

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Shingles

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Finished,Bath/Stubbed,Bedroom(s),Family Room

Bathroom

  • Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower

Bedrooms & Bathrooms

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

Features

  • Plumbing (Mixed),Insulation (Ceiling),Insulation (Walls)
  • Flooring: Ceramic Tile,Hardwood
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 2,768

Heating

  • Heating features: Oil,Baseboard

Interior Area

  • Total structure area: 2,768
  • Total interior livable area: 2,768 sqft

Property

Details

  • Parcel number: BLOCM13L04601
  • Zoning: RA

Features

  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Freshwater Front

Lot

  • Lot size: 10.24 Acres
  • Features: Wooded

Parking

  • Total spaces: 4
  • 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

  • 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 $9,860$118,320
Home Insurance *$774$9,288
Property Taxes $911$10,932
Electricity $563$6,764
Total$12,108$145,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$415,131/yr
40% on housing$363,240/yr
45% on housing$322,880/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

$704This listing

vs Other Active Listings

Avg $/sqft

ZIP 02807$1,010
Washington County$615

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)

Price History

DateEventPrice
2026-08-10Price change$1,850,000
2026-06-05Listed for sale$1,950,000
2000-02-22Sold$735,000

For Sale by Agent

AgentKate Butcher
BrokerageBlock Island Realty

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