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About this home
Set on over 1.1 private acres in Old Saunderstown, 125 Waterway is designed for year-round living, working, entertaining and recreation, just a short walk from Narragansett Bay and Saunderstown Yacht Club. Extensively renovated, the property brings together an unusual range of indoor and outdoor spaces in one setting. Inside are custom millwork, designer lighting, a chef's kitchen, library, hidden bar, billiards room and creative studio, along with private office/studio space and a dedicated heated fitness and recreation area. High-speed fiber Wi-Fi extends throughout the house and across the property. Outside, deep covered porches and bluestone terraces provide separate places to dine, gather and relax. The grounds include an outdoor kitchen, pergola, hot tub, gas and wood-burning fire features, lighted pickleball and basketball court, putting green, climbing and ropes area, hammock grove and expansive Great Lawn, all surrounded by mature gardens. The outdoor spaces are designed to be used across the seasons. Walk to neighborhood water access, Saunderstown Yacht Club and Willett Free Library, with Casey Farm nearby. Newport, Narragansett beaches, the Dunes Club and Point Judith Country Club are within easy reach, as are Amtrak and T. F. Green Airport. Private, connected and unusually well equipped for the way people actually live.
Single-familyProperty Type
2003Year Built
1.14 acresLot Size
$834Price/Sq.Ft.
2 car garageParking
Listed by Dina Karousos/Nicole Lucenti Team• SERHANT.
Median sale price in this area is $747,548. (83% lower than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Thermal windows
Attic with permanent attic stairs
Cathedral and vaulted ceilings
High ceilings
Interior steps
Dry bar
Cable TV
Bathtub
Stall shower
Tub/shower
Bathrooms
Four full bathrooms
Kitchen
Dishwasher
Microwave
Oven
Range
Range hood
Refrigerator
Laundry & utility
Washer
Dryer
Oil water heater
Water heater
Flooring
Hardwood
Heating & cooling
Oil baseboard heating
Central air conditioning
Exterior features
Deck
Patio
Porch (screened)
Sprinkler/irrigation system
Paved driveway
Tennis court(s)
Outbuilding
Water access and within walking distance to the water
Home design
Two-story home
Parking
Detached garage with garage door opener
Two covered garage spaces (2-car garage)
Total parking for up to 10 vehicles
Security
Owned security system
Construction
Plaster interior or finish
Shingle siding
Wood siding
Concrete perimeter foundation
Built with full basement (partially finished)
Utilities
Underground utilities
200+ amp electrical service with circuit breakers
Public water (connected)
Septic tank
HOA & community
Community amenities include golf, marina, pool, public transportation, recreation area, restaurant, shopping, highway access, near hospital, near schools, and tennis courts
Electricity and solar
View estimated energy costs and solar savings for this home
CUSTOM DESIGNED AND BUILT SHINGLE STYLE HOME IN THE COASTAL COMMUNITY OF SAUNDERSTOWN. EXCEPTIONAL DETAILS, LANDSCAPED PRIVATE LOT, VIEWS OF THE BAY AND BRIDGE. SEPARATE HEATED STUDIO, PORCHES, TERRACES AND MORE!A WONDERFUL HOME AND IDEAL FOR ENTERTAINING!
Year
Property tax
Land + Additions
Assessment*
2025
$24,445 (+7.1%)
$1,297,200 + $917,000
$2,214,200
2024
$22,825
$942,000 + $649,700
$1,591,700
2023
$22,825 (+2.0%)
$942,000 + $649,700
$1,591,700
2022
$22,379 (+13.7%)
$942,000 + $649,700
$1,591,700
2021
$19,682 (+2.4%)
$533,900 + $590,800
$1,124,700
2020
$19,221 (+4.0%)
$533,900 + $590,800
$1,124,700
2018
$18,477 (+2.0%)
$510,200 + $463,800
$974,000
2017
$18,107 (+2.9%)
$510,200 + $463,800
$974,000
2016
$17,590 (−3.8%)
$510,200 + $463,800
$974,000
2015
$18,293 (+2.1%)
$510,200 + $437,600
$947,800
2014
$17,923 (+0.6%)
$510,200 + $437,600
$947,800
2013
$17,819 (+1.7%)
$510,200 + $437,600
$947,800
2012
$17,526
$633,100 + $367,800
$1,000,900
Public record
Beds
4
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1.14 Acres
Year renovated
—
Finished Sq. Ft.
3,130
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,130
Year built
2003
Style
Single Family Residential
County
Washington County
APN
437862
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Historical weather
Saunderstown, RI • 02874
Average low and high temperatures (°F)
35
21
38
22
49
33
58
41
67
50
78
60
80
66
77
59
72
57
64
48
54
38
40
26
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
Redfin Estimate for 125 Waterway Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $1,035,000 and $3,950,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.0M to $4.0M.