Beautiful Matunuck Point Beach home with sweeping saltpond and ocean views. This stunning third level, 3+ bedroom, 3.5 bath coastal retreat delivers sunrise and sunset views from multiple decks and bright reverse living layout. The main level features cathedral ceilings, hardwood floors, custom wine bar, a 400 bottle wine cellar, attached shed, private outdoor shower with changing area and a full 360 degree view. Perfect for entertaining, the upper story decks and airy living space frame spectacular panoramas. The first floor includes 2 bedrooms plus a primary suite with a full bath. The third floor, added 4 years ago, offers a sun filled second primary suite with sunset views and an ocean themed bath. Recent exterior upgrades include cedar shingles, a rapid charger, new roof with solar panels and backup battery generating $2.5-3K annually, eliminating RI energy electricity costs and earning passive income from this $96K system. Just a short walk to East Matunuck State Beach or grab your board and head out on one of New England's best surf breaks without getting in your car.
Median sale price in this area is $715,599. (58% lower than this home)
PRICE DROP
1 price drop
10% 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
Bathtub
Stall shower
Tub/shower combination
Cable TV
Zero-clearance fireplace (1)
Bedrooms
Total rooms: 7
Has basement (interior entry, partial, unfinished)
Bathrooms
3 full bathrooms
1 half bathroom
Kitchen
Dishwasher
Microwave
Oven
Range
Range hood
Refrigerator
Exhaust fan
Laundry & utility
Water heater
Oil water heater
Flooring
Ceramic tile
Hardwood
Heating & cooling
Central air
Ductless cooling
Heating by oil
Radiant heat
Solar-assisted heating
Exterior features
Porch
Beach access
Water access
Walkable to water
Frontage approximately 50 ft
Landscaped lot (0.1211 acres)
Home design
3 stories
Concrete perimeter foundation
Drywall interior construction with shingle siding
Has view
Parking
No garage
Space for 6 vehicles (total)
Construction
Shingle siding
Drywall
Concrete perimeter foundation
Built features include porch
Utilities
Public water
Septic tank sewer
200+ amp electrical service with circuit breakers
HOA & community
Annual association fee: $375
Community amenities include golf, marina, pool, tennis courts, recreation area, restaurants, shopping, highway access, proximity to hospital and schools
Other
Solar energy generation
Electricity and solar
View estimated energy costs and solar savings for this home
Matunuck Point Home!!! Now is your chance to own a wonderful 2/3 bedroom home in sought after Matunuck Point. Enjoy lovely eastward water views from the upper deck and the main living area in this reverse living charmer. Cathedral ceilings, open layout (great room style), brick fireplace and custom molding and hardwoods thru out, make the second floor of this property unique while enhancing the spectacular water views. A perfect home for entertaining or just chilling with the two upper story decks and spacious, light and bright layout . Or maybe you want to simply relax on your front porch on a warm summer evening and watch the Osprey bring home their supper. A very short walk to East Matunuck waters with its beautiful sand beach or grab your surfboard and head over to one of New England's best surf breaks without ever getting into your car. Homes rarely come to Market at Matunuck Point Beach Club. Do you want to wait another few years :) Weekly rental agreements in place from 7/14 to 8/11 2018.
RIS #660055
Nov 8, 2016
Price Changed
$899,900
$376/sq ft
Jun 5, 2007
Listing Removed
—
Oct 27, 2006
Listed
$985,000
$411/sq ft
RIS #748814
Dec 19, 2013
Price Changed
$699,000
$292/sq ft
Jun 5, 2009
Sold
$660,000
$276/sq ft
Mar 19, 2009
Listing Removed
—
Jul 5, 2007
Listed
$870,000
$363/sq ft
RIS #745664
Jul 3, 2007
Listing Removed
—
Jun 5, 2007
Listed
$899,900
$376/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,568 (−3.9%)
$599,300 + $471,000
$1,070,300
2024
$9,959
$503,000 + $398,300
$901,300
2023
$9,959 (+0.9%)
$503,000 + $398,300
$901,300
2022
$9,869 (−1.7%)
$503,000 + $398,300
$901,300
2021
$10,041
$410,000 + $284,900
$694,900
2020
$10,041
$410,000 + $284,900
$694,900
2019
$10,041 (+9.8%)
$410,000 + $284,900
$694,900
2018
$9,148 (+2.4%)
$328,000 + $255,400
$583,400
2017
$8,932 (+1.5%)
$328,000 + $255,400
$583,400
2016
$8,804 (+1.1%)
$328,000 + $255,400
$583,400
2015
$8,707 (+0.3%)
$314,800 + $246,200
$561,000
2014
$8,684
$314,800 + $246,200
$561,000
2013
$8,679 (+2.8%)
$314,800 + $246,200
$561,000
2012
$8,442
$331,300 + $250,900
$582,200
Public record
Public record
Zoning
Beds
2
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,984
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,984
Year built
2001
Style
Single Family Residential
County
Washington County
APN
310430
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.
Zone overlays
Carrying Capacity Overlay District
Special Flood Hazard Area Overlay District
Permitted uses
Include but are not limited to:
Livestock production
Community / recreation center
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Golf related
Agriculture-Cropland
Park & open space
Climate risks
3/10 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
6/10 Heat Factor
7 days above 89° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Wakefield, RI • 02879
Average low and high temperatures (°F)
35
21
37
22
48
32
57
41
65
50
77
60
81
66
78
61
72
56
64
46
54
36
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 175 Peninsula Road Rd
$1,685,214
$14K under list price of $1.70M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $895K to $2.2M.