OFF MARKET

Off Market Nov 2020 for $1M

$1,834,940

Est. refi paymentEst. refi $7,071/mo

•

2,700

sq ft

503 Old Town Rd, Block Island, RI 02807

About this home

Own a piece of Block Island history in this spacious year-round home from 1850. What was once known as "The Parsonage", this 4 bedroom, 3 full bathroom house has a large, open floor plan with gleaming hardwoods throughout and high ceilings. With numerous updates over the years, there are still bits of historic detail warmly peeking through. Perched high on a grassy knoll, one can appreciate the privacy this lot has to offer while still being less than a mile to town. The property is conveniently located between Old and New Harbors and is walking distance to conservancy trails. This fine example of Mansard design boasts a fantastic covered front porch overlooking a tranquil pond, and provides an easy way to watch the world go by. A 468 sq. ft. garage on the property has a new roof and provides a great additional storage area. Strong rental history.

Single-familyProperty Type

1850Year Built

1.38 acresLot Size

$680Est. Price/Sq.Ft.

1 car garageParking

Listed by Jennifer Phillips • Phillips Real Estate

Bought with Kate Butcher • Block Island Realty

Redfin checked: a minute ago

•Source:RIS #1260485

Redfin Estimate

$1,834,940

$755K since sold in November 2020$58K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.8% higher than the average sale price ($1.82M) of 6 comparable homes.

SOLD AUG 3, 2026
$2,050,000
A
4 beds3 baths1,872 sq ft
38 Beach Dr, Wakefield, RI 02879
SOLD AUG 11, 2026
$2,300,000
B
4 beds3 baths1,896 sq ft
1614 Lakeside Dr, Block Island, RI 02807
SOLD MAR 31, 2026
$2,050,000
C
4 beds3 baths2,064 sq ft
209 Carpenter Dr, Wakefield, RI 02879
SOLD MAY 22, 2026
$1,225,000
D
4 beds3 baths2,798 sq ft
39 Brookside Dr, Charlestown, RI 02813
SOLD AUG 27, 2026
$1,300,000
E
3 beds2.5 baths2,208 sq ft
137 Rosebriar Ave, Wakefield, RI 02879
SOLD JUL 10, 2026
$2,000,000
F
3 beds3 baths2,317 sq ft
28 Arrow Wood Trl, Wakefield, RI 02879

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Earn from this home

Refinance

Est. cash available

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Rent

$3,193/mo

Redfin rental estimate

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Market trends in 02807, RI

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

87.9%

0.0% MoM

Median sale price

$2.0M

$444 MoM

Avg. days on market

333d

0 days MoM

Recently sold homes

0 MoM

New listings for sale

$2,950,000
10 beds11 baths4,488 sq ft
85 Ocean Ave, Block Island, RI 02807
See all

Provided by Redfin

Sale history for 503 Old Town Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,628 (+3.5%)

$509,800 + $467,300

$977,100

2024

$5,437 (−8.3%)

$509,800 + $475,100

$984,900

2023

$5,929 (+32.7%)

$509,800 + $475,100

$984,900

2022

$4,468 (+5.7%)

$453,520 + $177,600

$631,120

2021

$4,229 (+5.4%)

$453,520 + $177,600

$631,120

2020

$4,014 (+3.2%)

$453,520 + $177,600

$631,120

2019

$3,888 (+1.4%)

$453,520 + $177,600

$631,120

2018

$3,835 (+1.5%)

$453,520 + $191,040

$644,560

2017

$3,777 (+2.4%)

$453,520 + $191,040

$644,560

2016

$3,687 (−10.1%)

$453,520 + $191,040

$644,560

2015

$4,100 (−17.5%)

$544,240 + $199,920

$744,160

2014

$4,967 (+2.5%)

$680,300 + $249,900

$930,200

2013

$4,846 (+1.6%)

$680,300 + $249,900

$930,200

2012

$4,772

$715,900 + $270,100

$986,000

Tax history for 503 Old Town Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,628 (+3.5%)

$509,800 + $467,300

$977,100

2024

$5,437 (−8.3%)

$509,800 + $475,100

$984,900

2023

$5,929 (+32.7%)

$509,800 + $475,100

$984,900

2022

$4,468 (+5.7%)

$453,520 + $177,600

$631,120

2021

$4,229 (+5.4%)

$453,520 + $177,600

$631,120

2020

$4,014 (+3.2%)

$453,520 + $177,600

$631,120

2019

$3,888 (+1.4%)

$453,520 + $177,600

$631,120

2018

$3,835 (+1.5%)

$453,520 + $191,040

$644,560

2017

$3,777 (+2.4%)

$453,520 + $191,040

$644,560

2016

$3,687 (−10.1%)

$453,520 + $191,040

$644,560

2015

$4,100 (−17.5%)

$544,240 + $199,920

$744,160

2014

$4,967 (+2.5%)

$680,300 + $249,900

$930,200

2013

$4,846 (+1.6%)

$680,300 + $249,900

$930,200

2012

$4,772

$715,900 + $270,100

$986,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.38 Acres

Year renovated

—

Sq. Ft.

1,766

Year built

1850

Style

Single Family Residential

County

Washington County

APN

9153335S

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 1

Parking
Features: Detached, Garage
# of Parking (Total): 5
# of Covered Spaces: 1

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 3

Room Information
# of Rooms (Total): 7
Has Basement
Basement Information: Full, Interior Entry, Unfinished

Equipment
Appliances: Oil Water Heater

Interior Features
Flooring: Hardwood
Other Features: Tub Shower

Exterior

Building Information
Stories: 2
Stories (Total): 2
Construction Details: Drywall, Shingle Siding

Lot Information
Lot Size Area: 60,113
Lot Size Acres: 1.38
Zoning: RB

Property Information
Below Grade Finished Area: 934
Above Grade Finished Area: 1,766
Foundation Details: Stone

Financial

Assessments and Fees
Assessed Value: $788,900

Tax Information
Annual Tax Amount: $3,835
Tax Year: 2018

Utilities

Utility Information
Electric: 200+ Amp Service
Sewer: Septic Tank
Water Source: Well

Heating & Cooling
Has Heating
Heating: Hot Water, Oil

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 1,766
Stories: 2.0
Lot Size: 1.38 acres
Style: Single Family Residential
Year Built: 1850
Year Renovated: —
County: Washington County
APN: 9153335S

Home facts updated by county records on Aug 19, 2026

Around this home

Schools

Block Island School

Public K-12 • Assigned • 0.8mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 85° expected this year, 18 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

5/10 Air Factor

7 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Block Island, RI • 02807

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.74M – $2.11M

Sell confidently with a local market expert in Block Island. 3 minutes to get started.

Nearby similar homes

$1,700,000

4 beds3 baths3,777 sq ft

43 Slope Ave, Wakefield, RI 02879

$1,100,000

1 bed1 bath592 sq ft

11 Woodruff St, Narragansett, RI 02882

$5,450,000

4 beds5 baths6,528 sq ft

1508 Dorry's Cove Rd, Block Island, RI 02807

$875,000

2 beds1.5 baths1,316 sq ft

59 Kingfisher Rd, Wakefield, RI 02879

$1,850,000

3 beds1.5 baths1,448 sq ft

838 Center Rd, Block Island, RI 02807

$2,250,000

4 beds2.5 baths2,596 sq ft

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New listings for sale in 02807

$2,950,000

10 beds11 baths4,488 sq ft

85 Ocean Ave, Block Island, RI 02807

Home values near 503 Old Town Rd

Data from public records.

Address	Redfin Estimate
500 Old Town Road, Block Island, RI 5 Beds \| 2 Baths \| 1954 Sq. Ft.	$1,344,641
497 Old Town Road, Block Island, RI 2 Beds \| 2 Baths \| 936 Sq. Ft.	$930,880

Address	Redfin Estimate
494 Old Town Road, Block Island, RI 3 Beds \| 3 Baths \| 1987 Sq. Ft.	$1,585,603
499 Old Town Road, Block Island, RI 3 Beds \| 1 Baths \| 1056 Sq. Ft.	$1,066,909

Address	Redfin Estimate
502 Old Town Road, Block Island, RI 6 Beds \| 3 Baths \| 4194 Sq. Ft.	$1,945,273
1554 Old Town Road, Block Island, RI 4 Beds \| 3 Baths \| 2601 Sq. Ft.	$1,754,778

Property information provided by RIS when last listed in 2020. This data may not match . Learn more.

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