OFF MARKET

Off market sep 2024 for $825K

$887,688

•

2,500

sq ft

501 Hope Furnace Rd, Hope, RI 02831

About this home

Fabulous new construction on the Coventry -Scituate line! Set on nearly 3 acres, this sprawling custom home boasts 3-4 bedrooms, 2.5 baths, custom ash floors throughout, spacious open floorplan with vaulted ceilings. The private primary suite is at one end of the home while the other beds are at the other. Two decks and a covered front farmers porch allow for many entertaining options. Features include bonus room over the two car garage (possible 4th bedroom), a whole house generator, 3 zone HVAC, generous appliance allowance, customizable closets, maintenance free cedar impression exterior, on-demand high efficiency hot water and more. (landscaping in process at listing time - near immediate occupancy)

Single-familyProperty Type

2023Year Built

2.7 acresLot Size

$355Est. Price/Sq.Ft.

2 car garageParking

Listed by Allen Gammons • BHHS Commonwealth Real Estate

Bought with Paul Costa • HomeSmart Professionals

Redfin checked: a few seconds ago

•Source:RIS #1358423

Redfin Estimate

$887,688

$63K since sold in September 2024$3,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.3% higher than the average sale price ($750K) of 6 comparable homes.

SOLD SEP 18, 2026
$752,500
A
3 beds2.5 baths2,525 sq ft
100 Franklin Rd, Foster, RI 02825
SOLD OCT 28, 2026
$750,000
B
3 beds2.5 baths2,620 sq ft
114 Teakwood Dr W, Coventry, RI 02816
SOLD SEP 11, 2026
$690,000
C
3 beds2.5 baths2,078 sq ft
2 Daniel Way, Hope, RI 02831
SOLD JUL 8, 2026
$816,000
D
3 beds2.5 baths2,834 sq ft
9 Cassidy Trl, Coventry, RI 02816
SOLD SEP 30, 2026
$719,000
E
3 beds2.5 baths2,380 sq ft
17 Old Tunk Hill Rd, Foster, RI 02825
SOLD AUG 31, 2026
$775,000
F
3 beds2 baths2,186 sq ft
175 Hope Furnace Rd, Hope, RI 02831

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Earn from this home

Sell

$199,650

Est. take-home

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Rent

$3,304/mo

Redfin rental estimate

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Market trends in 02831, RI

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

102.7%

0.3% MoM

Median sale price

$717K

$87K MoM

Avg. days on market

44d

8 days MoM

Recently sold homes

3 MoM

New listings for sale

$1,340,000
5 beds5 baths5,575 sq ft
46 Kent View Dr, Hope, RI 02831
OPEN SUN, 12:30PM TO 2PM
$799,999
4 beds2.5 baths3,559 sq ft
899 Pippin Orchard Rd, Cranston, RI 02921
See all

Provided by Redfin

Sale history for 501 Hope Furnace Rd

Year

Property tax

Land + Additions

Assessment*

2025

$9,781 (+181.8%)

$179,100 + $428,800

$607,900

2024

$3,471 (+3.3%)

$179,100 + $40,000

$219,100

2023

$3,359 (+6.8%)

$179,100 + $40,000

$219,100

2022

$3,145 (−45.8%)

$160,700

2021

$5,799 (−12.8%)

$160,700 + $138,200

$298,900

2020

$6,648 (+22.2%)

$160,700 + $138,200

$298,900

2019

$5,442 (+2.9%)

$135,900 + $108,800

$244,700

2018

$5,288 (+3.0%)

$135,900 + $108,800

$244,700

2017

$5,134 (−3.9%)

$135,900 + $108,800

$244,700

2016

$5,340 (+2.8%)

$128,600 + $120,800

$249,400

2015

$5,195 (+2.1%)

$128,600 + $120,800

$249,400

2014

$5,088 (+2.4%)

$128,600 + $120,800

$249,400

2013

$4,971 (+3.3%)

$133,400 + $133,000

$266,400

2012

$4,811

$133,400 + $133,000

$266,400

Tax history for 501 Hope Furnace Rd

Year

Property tax

Land + Additions

Assessment*

2025

$9,781 (+181.8%)

$179,100 + $428,800

$607,900

2024

$3,471 (+3.3%)

$179,100 + $40,000

$219,100

2023

$3,359 (+6.8%)

$179,100 + $40,000

$219,100

2022

$3,145 (−45.8%)

$160,700

2021

$5,799 (−12.8%)

$160,700 + $138,200

$298,900

2020

$6,648 (+22.2%)

$160,700 + $138,200

$298,900

2019

$5,442 (+2.9%)

$135,900 + $108,800

$244,700

2018

$5,288 (+3.0%)

$135,900 + $108,800

$244,700

2017

$5,134 (−3.9%)

$135,900 + $108,800

$244,700

2016

$5,340 (+2.8%)

$128,600 + $120,800

$249,400

2015

$5,195 (+2.1%)

$128,600 + $120,800

$249,400

2014

$5,088 (+2.4%)

$128,600 + $120,800

$249,400

2013

$4,971 (+3.3%)

$133,400 + $133,000

$266,400

2012

$4,811

$133,400 + $133,000

$266,400

*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

2.5

Stories

Lot width

—

Lot depth

—

Lot size

2.7 Acres

Year renovated

—

Sq. Ft.

2,434

Year built

2023

Style

Single Family Residential

County

Kent County

APN

535105

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2

Parking
Features: Attached, Garage, Garage Door Opener
# of Parking (Total): 8
# of Covered Spaces: 2

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1

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

Equipment
Appliances: Gas Water Heater, Tankless Water Heater

Interior Features
Flooring: Hardwood
Other Features: Attic, Bathtub, Internal Expansion, Tub Shower, Cable TV

Exterior

Building Information
Stories: 1
Stories (Total): 1
Is New Construction
Construction Details: Plaster

Exterior Features
Exterior Features: Paved Driveway

Lot Information
Lot Size Area: 117,612
Lot Size Acres: 2.7

Property Information
Above Grade Finished Area: 2,500
Foundation Details: Concrete Perimeter
Under Construction

Financial

Tax Information
Tax Year: 2023

Utilities

Utility Information
Electric: Circuit Breakers
Sewer: Septic Tank
Water Source: Well

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Propane

Location

Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 2,434
Stories: 1.0
Lot Size: 2.7 acres
Style: Single Family Residential
Year Built: 2023
Year Renovated: —
County: Kent County
APN: 535105

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

K - 12
Preschool & daycare

Washington Oak School

Public PreK-5 • Assigned • 0.4mi

9/10

Alan Shawn Feinstein Middle School of Coventry

Public 6-8 • Assigned • 3.1mi

6/10

Coventry High School

Public 9-12 • Assigned • 3.0mi

3/10

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

4/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

6/10 Wind Factor

67% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Hope, RI • 02831

Average low and high temperatures (°F)

34°

19°

37°

20°

51°

32°

60°

40°

69°

50°

81°

60°

83°

65°

79°

58°

74°

56°

63°

45°

53°

35°

39°

24°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.6 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$844,000 – $1.02M

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Nearby similar homes

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1.75 acres of land • New hardwood floors • Stained deck

New listings for sale in 02831

$1,340,000

5 beds5 baths5,575 sq ft

46 Kent View Dr, Hope, RI 02831

Indoor sauna • Solar farm • Dedicated dog run

OPEN SUN, 12:30PM TO 2PM

$799,999

4 beds2.5 baths3,559 sq ft

899 Pippin Orchard Rd, Cranston, RI 02921

3 acres • Existing density • Possible subdivision

Home values near 501 Hope Furnace Rd

Data from public records.

Address	Redfin Estimate
512 Hope Furnace Rd, Hope, RI 3 Beds \| 3 Baths \| 1640 Sq. Ft.	$622,602
506 Hope Furnace Rd, Hope, RI 3 Beds \| 2 Baths \| 2655 Sq. Ft.	$664,886
522 Hope Furnace Rd, Hope, RI 2 Beds \| 2 Baths \| 896 Sq. Ft.	$456,947
490 Hope Furnace Rd, Hope, RI 3 Beds \| 1 Baths \| 1571 Sq. Ft.	$358,017
477 Hope Furnace Rd, Hope, RI 4 Beds \| 2.5 Baths \| 1878 Sq. Ft.	$551,451
484 Hope Furnace Rd, Hope, RI 3 Beds \| 1.5 Baths \| 1095 Sq. Ft.	$488,808
512 Hope Furnace Rd, Hope, RI 3 Beds \| 3 Baths \| 1640 Sq. Ft.	$649,585

Address	Redfin Estimate
487 Hope Furnace Rd, Hope, RI 3 Beds \| 1.5 Baths \| 1980 Sq. Ft.	$410,644
491 Hope Furnace Rd, Hope, RI 2 Beds \| 1.5 Baths \| 1134 Sq. Ft.	$539,159
519 Hope Furnace Rd, Hope, RI 2 Beds \| 1 Baths \| 1058 Sq. Ft.	$431,307
509 Hope Furnace Rd, Hope, RI 2 Beds \| 2 Baths \| 1500 Sq. Ft.	$493,709
491 Hope Furnace Rd, Hope, RI 2 Beds \| 1.5 Baths \| 2849 Sq. Ft.	$625,563
522 Hope Furnace Rd, Hope, RI 2 Beds \| 2 Baths \| 896 Sq. Ft.	$432,781
485 Hope Furnace Rd, Hope, RI 3 Beds \| 3 Baths \| 2978 Sq. Ft.	$733,961

Address	Redfin Estimate
484 Hope Furnace Rd, Hope, RI 3 Beds \| 1.5 Baths \| 1095 Sq. Ft.	$504,178
477 Hope Furnace Rd, Hope, RI 4 Beds \| 2.5 Baths \| 2621 Sq. Ft.	$660,487
523 Hope Furnace Rd, Hope, RI 3 Beds \| 1 Baths \| 1476 Sq. Ft.	$462,091
484 Hope Furnace Rd, Coventry, RI 3 Beds \| 1.5 Baths \| 1955 Sq. Ft.	$532,949
477 Hope Furnace Rd, Hope, RI 4 Beds \| 2.5 Baths \| 1878 Sq. Ft.	$601,000
519 Hope Furnace Rd, Hope, RI 2 Beds \| 1 Baths \| 1058 Sq. Ft.	$419,585
490 Hope Furnace Rd, Hope, RI 3 Beds \| 1 Baths \| 1571 Sq. Ft.	—

Property information provided by RIS when last listed in 2024. This data may not match . Learn more.

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