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557 Center Rd, Block Island, RI 02807
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About this home
Versatile Two-Family Home in a Prime Block Island Location. This classic two-family home offers a rare opportunity for both flexible living and solid rental income. The main house spans three levels and features two distinct living spaces, each with private entry, charming interiors, and comfortable layouts. The main and second floors include full kitchens, open living/dining areas, and well-proportioned bedrooms with ample natural light. The second-floor apartment includes a small private deck, offering a quiet outdoor spot for morning coffee or evening air. The third level, with its own entrance, provides additional living space ideal for a home office, guest suite, or overflow accommodations. Outdoors, the property features a peaceful yard shaded by mature trees and inviting sitting areas. A second detached building offers potential for expansion, studio use, or workshop space with the appropriate approvals. Whether you're seeking a full-time residence, a summer getaway, or an investment with rental appeal, this centrally located property meets a range of goals. Just a short distance from the shops, restaurants, and ferry in Old Harbor, and minutes from some of Block Island's beloved beaches, this home makes enjoying everything the Island has to offer effortless. With its adaptable layout, income potential, and prime location, it presents a rare opportunity to own a piece of Block Island that balances convenience, comfort, and possibility.
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Last updated July 2026
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Sale and tax history for 557 Center Rd
- Sale History
- Tax History
$441/sq ft
$609/sq ft
Public record
Property details
Parking
- Parking
- Features: No Garage
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 2
- # of Half Bathrooms: 1
- Room Information
- # of Rooms (Total): 10
- Room Types: Laundry, Storage Room, Utility Room, Workshop
- Has Basement
- Basement Information: Full, Unfinished, Walk-Out Access
- Laundry Information
- Features: Common Area
- Equipment
- Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
- Interior Features
- Flooring: Wood
- Other Features: Interior Steps, Tub Shower, Cable TV
Exterior
- Building Information
- Stories (Total): 3
- Construction Details: Drywall, Shingle Siding
- Lot Information
- Lot Size Area: 12,197
- Lot Size Acres: 0.28
- Lot Features: Corner Lot
- Waterfront Features: Walk to Water
- Zoning: RA
- Property Information
- Above Grade Finished Area: 3,766
- Foundation Details: Combination, Stone
Financial
- Assessments and Fees
- Assessed Value: $964,900
- Tax Information
- Annual Tax Amount: $5,326
- Tax Year: 2024
Utilities
- Utility Information
- Electric: Amps 200 Or More
- Sewer: Septic Tank
- Water Source: Private
- Heating & Cooling
- Has Cooling
- Cooling: Window Unit(s)
- Has Heating
- Heating: Hot Water, Oil
Location
- Multi Unit Information
- # Of Units Total: 2
- # Of Buildings: 2
- Unit Type 1
- Unit Description: Nightly income info on request
- # of Bedrooms: 3
- # of Bathrooms Total: 2
- # of Full Bathrooms: 1
- # of Half Bathrooms: 1
- Area: 900.0
- Unit Type 2
- Two Bedroom
- Unit Description: Nightly income info on request
- # of Bedrooms: 2
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 900.0
- Community Information
- Community Features: Marina, Pool, Recreation Area, Restaurant
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.28 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Washington County
- APN: 196878
Around this home
Schools
Public K-12 • Assigned • 1.1mi
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, 16 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
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Nearby similar homes
New listings for sale in 02807
Home values near 557 Center Rd
| Address | Redfin Estimate |
|---|---|
1 Beds | 1.5 Baths | 912 Sq. Ft. | $1,133,124 |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1602 Sq. Ft. | $1,321,053 |
5 Beds | 4 Baths | 5386 Sq. Ft. | $2,040,681 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
- Beds | - Baths | - Sq. Ft. | — |
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