Amazing opportunity to own a saltwater pond waterfront home with a dock on Segar Cove in quaint Matunuck Point. This 2 bedroom and 1 bathroom home with a walk out basement has incredible potential! This house is being sold as is. Its current owners had plans drawn to add a second floor and connect the house to its 2 stall detached garage. This adorable ranch sits on a rare 1 acre lot. Tucked away nicely with privacy, this waterfront home is bordered by Potter's Pond and a peaceful marsh. With dock access to Potters Pond to enjoy a small boat, kayaking and stand up paddle boarding and nearby access to East Matunuck Beach this could be your forever home or a great rental investment. It's a great time of year to take a drive and look at property. .. . Come check this one out!
Once in a lifetime opportunity to own a timeless retreat in the beloved coastal community of Matunuck Beach. This rare, secluded waterfront compound on the bucolic Segar Cove is being offered for the first time and can be cherished for generations to come. Ideally sited on Potter's Pond, this one level ranch with spacious walkout basement offers endless opportunities with lovely water views from most every room. An expansive waterside deck, private dock and newly built garage/workshop make this the ideal coastal sanctuary. Within biking or walking distance to several notable beaches including Moonstone Beach, South Kingstown Town Beach at Matunuck, East Matunuck State Beach, & Roy Carpenter's Beach, restaurants, shops and the renowned Theatre by the Sea. Walk to Matunuck (Deep Hole) known for world class surfing, board to boat, and several zones for all types of surfing craft. All just three hours from New York City and 1.5 hours to Boston. Don't miss this unique opportunity!
Year
Property tax
Land + Additions
Assessment*
2025
$10,460 (+0.3%)
$952,600 + $217,400
$1,170,000
2024
$10,428 (+0.1%)
$799,100 + $144,600
$943,700
2023
$10,417 (+0.9%)
$799,100 + $143,600
$942,700
2022
$10,323 (−5.8%)
$799,100 + $143,600
$942,700
2021
$10,959
$652,000 + $106,400
$758,400
2020
$10,959
$652,000 + $106,400
$758,400
2019
$10,959 (+13.7%)
$652,000 + $106,400
$758,400
2018
$9,635 (+3.1%)
$521,800 + $92,700
$614,500
2017
$9,344 (+1.5%)
$521,800 + $88,500
$610,300
2016
$9,209 (+0.7%)
$521,800 + $88,500
$610,300
2015
$9,149 (+0.3%)
$501,500 + $88,000
$589,500
2014
$9,125
$501,500 + $88,000
$589,500
2013
$9,120 (+2.2%)
$501,500 + $88,000
$589,500
2012
$8,920
$527,800 + $87,400
$615,200
Tax history for 142 Prospect Rd
Year
Property tax
Land + Additions
Assessment*
2025
$10,460 (+0.3%)
$952,600 + $217,400
$1,170,000
2024
$10,428 (+0.1%)
$799,100 + $144,600
$943,700
2023
$10,417 (+0.9%)
$799,100 + $143,600
$942,700
2022
$10,323 (−5.8%)
$799,100 + $143,600
$942,700
2021
$10,959
$652,000 + $106,400
$758,400
2020
$10,959
$652,000 + $106,400
$758,400
2019
$10,959 (+13.7%)
$652,000 + $106,400
$758,400
2018
$9,635 (+3.1%)
$521,800 + $92,700
$614,500
2017
$9,344 (+1.5%)
$521,800 + $88,500
$610,300
2016
$9,209 (+0.7%)
$521,800 + $88,500
$610,300
2015
$9,149 (+0.3%)
$501,500 + $88,000
$589,500
2014
$9,125
$501,500 + $88,000
$589,500
2013
$9,120 (+2.2%)
$501,500 + $88,000
$589,500
2012
$8,920
$527,800 + $87,400
$615,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.99 Acres
Year renovated
—
Sq. Ft.
856
Year built
1972
Style
Single Family Residential
County
Washington County
APN
232066
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
R20
CCO
SFHA
Medium High Density Residential District
This district allows a residential density of up to 2.2 dwelling units per acre. The lot sizes for single-household detached dwellings is 20,000 sq ft. This district reflects the amount and type of development that already has taken place, as well as areas into which future expansion would be appropriate. These areas should be considered a high priority for the provision of public water and sewer service and for general infrastructure upgrading. However, public sewer service in Matunuck, and Snug Harbor is not recommended. A waste water management approach for these areas is preferred. Mixed uses historically have developed and should be permitted to continue and to expand subject to strict environmental controls. A neighborhood center/village district approach should be taken for additional development in this district. Special care in site planning must be taken. However, such patterns of residential development can be economically and environmentally sound. While the population density may be high, the existing physical development is varied and extensive. Shopping districts, personal services, community facilities, and public water and sewer generally are available and convenient and support local residents as well as the region. This district is highly accessible and served by a well-developed network of roads and public transit.