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1557 W Side Rd, Block Island, RI, 02807

3beds
3baths
2,304sqft
$1,650,000
$716price/sqft
$10,238/moest. monthly cost
$409,520/yrincome needed

About This Home

Welcome home to this offering of a balance of comfort, functionality, and charm along with close proximity to Dories Cove for beach combing, fishing and sunsets. A well-maintained 3-bedroom, 3-bathroom abode located on quiet West Side Road. Among the many features is the mature landscaping and a west-facing deck, perfect for enjoying beautiful sunsets. Inside, the layout offers an easy flow, ideal for entertaining or everyday living. The main level includes a spacious kitchen with bar seating, dining space, living room with fireplace, cozy den, and a full bathroom. Upstairs, you'll find two large bedrooms, along with another full bathroom. From the second floor, there are glimpses of the water, adding to the home’s appeal. The walk-out lower level includes a third bedroom, a full bathroom, and a versatile hangout space, along with a utility room with laundry and ample storage. The property has been a very successful rental, presenting potential income opportunities.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

5/10
Block Island SchoolGrades K-122.2 mi

Construction

Condition

  • Year built: 2004

Materials

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

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Finished,Bath/Stubbed,Bedroom(s),Living Room,Storage Space,Utility

Bathroom

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

Bedrooms & Bathrooms

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

Features

  • Wall (Dry Wall),Plumbing (Mixed),Insulation (Ceiling),Insulation (Walls)
  • Flooring: Ceramic Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Stone
  • Fireplace: Yes
  • Finished area below ground: 768
  • Finished area above ground: 1,536

Heating & Cooling

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

Interior Area

  • Total structure area: 1,536
  • Total interior livable area: 2,304 sqft

Property

Details

  • Parcel number: BLOCM16L057
  • Zoning: RA
  • Foundation area: 768

Features

  • Patio & porch: Deck,Patio
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Walk to Salt Water,Walk To Water

Lot

  • Lot size: 0.37 Acres

Parking

  • Total spaces: 3
  • 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 $8,343$100,116
Home Insurance *$655$7,860
Property Taxes $771$9,252
Electricity $469$5,630
Total$10,238$122,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$351,017/yr
40% on housing$307,140/yr
45% on housing$273,013/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

$716This listing

vs Other Active Listings

Avg $/sqft

ZIP 02807$1,009
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)

No zestimate history available

Price History

DateEventPrice
2024-11-21Listed for sale$1,775,000

For Sale by Agent

AgentGail HALL
BrokerageBallard Hall Sales Group

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