This home's estimate is 6.7% lower than the average sale price ($1.21M) of 6 comparable homes.
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481 Old Town Rd, Block Island, RI 02807
About this home
Nestled just minutes from downtown and some of Block Island's best swimming beaches, this delightful 1948 home offers the perfect blend of convenience, character, and charm. Despite its central location, the yard feels like a peaceful garden retreat framed by a graceful Japanese maple and offering partial views of scenic Mill Pond. Inside, the 2-bedroom, 1.5-bath home welcomes you with a warm, inviting atmosphere. Vintage details give the space a sense of history and heart, while cozy living areas create the perfect backdrop for everyday comfort or casual entertaining. One of the property's standout features is the thoughtfully designed accessory structure, built in 2014, offering real value and possibility. A rare find in such a sought-after in-town location, this home is a true gem for buyers looking for something special something with soul, story, and room to grow.
Redfin Estimate
Market trends in 02807, RI
Last updated July 2026
Buyer's Market
Seller's Market
Buyer's market
Provided by Redfin
Sale history for 481 Old Town Rd
$1,256/sq ft
$1,471/sq ft
Tax history for 481 Old Town Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking
- Features: No Garage
- # of Parking (Total): 2
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 1
- # of Half Bathrooms: 1
- Room Information
- # of Rooms (Total): 4
- Has Basement
- Basement Information: Partial, Unfinished
- Equipment
- Appliances: Oil Water Heater
- Interior Features
- Flooring: Hardwood, Laminate
- Other Features: Attic, Permanent Attic Stairs, Tub Shower
Exterior
- Building Information
- Stories: 1
- Stories (Total): 1
- Construction Details: Drywall, Shingle Siding
- Exterior Features
- Exterior Features: Deck
- Patio And Porch Features: Deck
- Other Structures: Outbuilding
- Lot Information
- Lot Size Area: 10,454
- Lot Size Acres: 0.24
- Waterfront Features: Walk to Water
- Frontage Length: 128
- Zoning: RB
- Property Information
- Above Grade Finished Area: 816
- Foundation Details: Combination
Financial
- Assessments and Fees
- Assessed Value: $849,200
- Tax Information
- Annual Tax Amount: $4,688
- Tax Year: 2024
Utilities
- Utility Information
- Utilities: Sewer Connected
- Sewer: Connected, Public Sewer
- Water Source: Connected, Public
- Heating & Cooling
- Has Heating
- Heating: Baseboard, Oil
Location
- Community Information
- Community Features: Restaurant, Shopping
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 10,454 square feet
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Washington County
- APN: 197054
Around this home
Schools
Public K-12 • Assigned • 0.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
6 days above 85° expected this year, 18 days in 30 years
80% chance of strong winds in next 30 years
7 unhealthy days expected this year, 7 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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Nearby similar homes
New listings for sale in 02807
Home values near 481 Old Town Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 658 Sq. Ft. | $941,943 |
2 Beds | 1 Baths | 1010 Sq. Ft. | $1,209,359 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1296 Sq. Ft. | $692,354 |
4 Beds | 2.5 Baths | 2016 Sq. Ft. | $1,997,796 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1404 Sq. Ft. | $1,562,552 |
2 Beds | 1 Baths | 1125 Sq. Ft. | $1,164,905 |
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