OFF MARKET

Off Market Jul 2024 for $550K

$643,148

•

862

sq ft

18 Balsam Rd, Wakefield, RI 02879

About this home

Discover the perfect coastal getaway in this charming beach cottage, nestled in the highly sought-after Ocean Ridge community. Ideal for first-time buyers, those looking to downsize, or anyone seeking a summer escape or a lucrative rental investment, this property offers a world of possibilities. Situated on a private, park-like lot with a fully fenced yard, the cottage features a delightful outdoor shower for refreshing rinses after beach days. Inside, the cottage exudes warmth and comfort with a cozy stone fireplace and oil-fired forced hot water heating, ensuring comfort throughout the cooler months. The partially finished dry basement provides additional living space and ample storage. As a resident of Ocean Ridge, you'll enjoy membership in the Ocean Ridge Civic Association (O. R. C. A. ), which includes access to a clubhouse, beach pavilion, private Greenhill Pond beach, kayak/canoe racks, two boat ramps, a 22-slip marina, and a variety of community events. Conveniently located, this property offers easy biking distance to Charlestown Beach and is close to local ice cream shops, restaurants, and cafes. It's also just minutes from the University of Rhode Island (URI) and offers quick access to Route 1, making all of Rhode Island's attractions easily accessible. Whether you seek relaxation by the beach or a home with convenient access to amenities and entertainment, this beach cottage embodies the quintessential Rhode Island lifestyle.

Single-familyProperty Type

1972Year Built

10,019 sq ftLot Size

$746Est. Price/Sq.Ft.

4 spacesParking

Listed by David Cappucci • KEY Real Estate Services

Bought with Angie Salem • Residential Properties Ltd.

Redfin checked: a few seconds ago

•Source:RIS #1360598

Redfin Estimate

$643,148

$93K since sold in July 2024$8,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.3% lower than the average sale price ($645K) of 6 comparable homes.

SOLD JUL 31, 2026
$550,000
A
3 beds2 baths1,378 sq ft
76 Hemlock Rd, Wakefield, RI 02879
SOLD AUG 7, 2026
$920,000
B
2 beds2 baths1,222 sq ft
155 Green Hill Ave, Wakefield, RI 02879
SOLD JUL 1, 2026
$670,000
C
2 beds2 baths1,736 sq ft
121 Tupelo Rd, Wakefield, RI 02879
SOLD APR 29, 2026
$550,000
D
2 beds1 bath600 sq ft
4 Juniper Rd, Wakefield, RI 02879
SOLD JUN 30, 2026
$690,000
E
2 beds1.5 baths1,248 sq ft
49 Auburn Rd, Wakefield, RI 02879
SOLD JAN 2, 2026
$490,000
F
2 beds1 bath900 sq ft
108 Balsam Rd, Wakefield, RI 02879

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Earn from this home

Sell

$181,147

Est. take-home

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Rent

$2,097/mo

Redfin rental estimate

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Market trends in 02879, RI

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.5% MoM

Median sale price

$675K

$23K MoM

Avg. days on market

27d

7 days MoM

Recently sold homes

13 MoM

New listings for sale

OPEN SUN, 12PM TO 2PM
$879,000
2 beds2 baths1,778 sq ft
575 South Shore Village Blvd, South Kingstown, RI 02879
OPEN SAT, 11AM TO 12:30PM
$999,900
2 beds3 baths2,692 sq ft
156 Driver Ln, Wakefield, RI 02879
$329,900
2 beds2 baths1,248 sq ft
158 Holiday Ct, Wakefield, RI 02879
$699,000
3 beds2 baths1,634 sq ft
433 Gravelly Hill Rd, Wakefield, RI 02879
$5,500,000
4 beds2.5 baths2,614 sq ft
66 B Torrey Rd, Wakefield, RI 02879
OPEN TODAY, 4PM TO 6PM
$989,000
2 beds1 bath1,116 sq ft
6 Arbeth Ave, Narragansett, RI 02882
$659,900
3 beds2 baths1,747 sq ft
60 Brookwood Rd, Wakefield, RI 02879
OPEN TODAY, 4PM TO 6PM
$850,000
4 beds2.5 baths2,066 sq ft
172 Broad Rock Rd, Wakefield, RI 02879
OPEN SAT, 12PM TO 2PM
$1,320,000
4 beds2.5 baths3,204 sq ft
3548 B Commodore Perry Hwy, South Kingstown, RI 02879
3D WALKTHROUGH
$729,000
4 beds3 baths2,058 sq ft
813 South Rd, Wakefield, RI 02879
See all

Provided by Redfin

Sale history for 18 Balsam Rd

Date

Event

Price

RIS #1360598

Jul 16, 2024

Sold

$550,000

$638/sq ft

Jun 28, 2024

Pending

—

Jun 13, 2024

Contingent

—

Jun 3, 2024

Listed

$539,000

$625/sq ft

RIS #1357301

Jun 2, 2024

Listing Removed

—

May 17, 2024

Contingent

—

Apr 25, 2024

Listed

$549,000

$637/sq ft

Smart MLS #24013659

May 2, 2024

Listing Removed

—

Apr 29, 2024

Listed

$549,000

$637/sq ft

Apr 28, 2024

Coming Soon

RIS #1013796

May 23, 2012

Sold

$240,800

$279/sq ft

Apr 18, 2012

Listing Removed

—

Apr 1, 2012

Listed

$245,000

$284/sq ft

RIS #935707

Jun 1, 2009

Sold

$240,000

$278/sq ft

Apr 23, 2009

Listing Removed

—

Mar 19, 2009

Listed

$249,900

$290/sq ft

RIS #217323

May 15, 2003

Sold

$215,000

$249/sq ft

Mar 26, 2003

Listing Removed

—

Nov 8, 2002

Listed

$220,000

$255/sq ft

RIS #202823

Apr 10, 2002

Sold

$169,900

$197/sq ft

Mar 8, 2002

Listing Removed

—

Mar 6, 2002

Listed

$169,900

$197/sq ft

RIS #612719

Oct 1, 1996

Sold

$85,000

$99/sq ft

Jun 25, 1996

Listed

$92,000

$107/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,490 (+11.5%)

$298,100 + $204,100

$502,200

2024

$4,028

$229,200 + $135,300

$364,500

2023

$4,028 (+0.9%)

$229,200 + $135,300

$364,500

2022

$3,991 (+15.4%)

$229,200 + $135,300

$364,500

2021

$3,459

$140,100 + $99,300

$239,400

2020

$3,459

$140,100 + $99,300

$239,400

2019

$3,459 (+2.6%)

$140,100 + $99,300

$239,400

2018

$3,371 (+2.4%)

$129,200 + $85,800

$215,000

2017

$3,292 (+1.5%)

$129,200 + $85,800

$215,000

2016

$3,244 (+3.0%)

$129,200 + $85,800

$215,000

2015

$3,149 (+0.3%)

$117,400 + $85,500

$202,900

2014

$3,141

$117,400 + $85,500

$202,900

2013

$3,139 (+5.8%)

$117,400 + $85,500

$202,900

2012

$2,968

$119,700 + $85,000

$204,700

Tax history for 18 Balsam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,490 (+11.5%)

$298,100 + $204,100

$502,200

2024

$4,028

$229,200 + $135,300

$364,500

2023

$4,028 (+0.9%)

$229,200 + $135,300

$364,500

2022

$3,991 (+15.4%)

$229,200 + $135,300

$364,500

2021

$3,459

$140,100 + $99,300

$239,400

2020

$3,459

$140,100 + $99,300

$239,400

2019

$3,459 (+2.6%)

$140,100 + $99,300

$239,400

2018

$3,371 (+2.4%)

$129,200 + $85,800

$215,000

2017

$3,292 (+1.5%)

$129,200 + $85,800

$215,000

2016

$3,244 (+3.0%)

$129,200 + $85,800

$215,000

2015

$3,149 (+0.3%)

$117,400 + $85,500

$202,900

2014

$3,141

$117,400 + $85,500

$202,900

2013

$3,139 (+5.8%)

$117,400 + $85,500

$202,900

2012

$2,968

$119,700 + $85,000

$204,700

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

10,019 Sq. Ft.

Year renovated

—

Sq. Ft.

672

Year built

1972

Style

Single Family Residential

County

Washington County

APN

227706

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

R30

CCO

Medium Density Residential District

This district allows a residential density of up to 1.45 du per acre. Single-household detached units will be the predominant type of housing, although duplexes will be allowed by special use permit. Residential cluster developments should be considered for major subdivision proposals in this district. The lot sizes for single-household detached dwellings is 30,000 sq ft. Water service generally is available to this district, or could easily be provided. While public sewers presently serve some of this district, public sewers should not be considered for the outlying villages as designated on the Land Use Plan, except for Middlebridge and the industrially zoned area of West Kingston.

Zone overlays

Coastal Resiliency Overlay District
Carrying Capacity 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

Property details

Parking

Parking
Features: No Garage
# of Parking (Total): 4

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2

Room Information
# of Rooms (Total): 4
Has Basement
Basement Information: Exterior Entry, Full, Interior Entry, Partially Finished

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Stone

Equipment
Appliances: Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater

Interior Features
Window Features: Thermal Windows
Door Features: Storm Door(s)
Flooring: Carpet, Ceramic Tile
Other Features: Bathtub, Tub Shower, Cable TV

Exterior

Building Information
Stories: 1
Stories (Total): 1
Construction Details: Drywall, Shingle Siding

Exterior Features
Exterior Features: Deck
Patio And Porch Features: Deck
Other Structures: Outbuilding
Fencing: Fenced

Lot Information
Lot Size Area: 10,019
Lot Size Acres: 0.23
Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
Frontage Length: 100
Zoning: R30

Property Information
Below Grade Finished Area: 190
Above Grade Finished Area: 672
Foundation Details: Concrete Perimeter

Financial

Assessments and Fees
Assessed Value: $364,500

Tax Information
Annual Tax Amount: $3,991
Tax Year: 2024

Utilities

Utility Information
Electric: 150 Amp Service
Sewer: Septic Tank
Water Source: Connected

Heating & Cooling
Has Heating
Heating: Baseboard, Hot Water, Propane, Oil

Location

HOA Information
Association Fee: $55
Annually

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

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 672
Stories: 1.0
Lot Size: 10,019 square feet
Style: Single Family Residential
Year Built: 1972
Year Renovated: —
County: Washington County
APN: 227706

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Matunuck School

Public K-5 • Assigned • 3.5mi

8/10

Broad Rock Middle School

Public 6-8 • Assigned • 8.4mi

9/10

South Kingstown High School

Public 9-12 • Assigned • 7.5mi

8/10

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

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

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Wakefield, RI • 02879

Average low and high temperatures (°F)

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

Estimated sale price

$611,000 – $740,000

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New listings for sale in 02879

OPEN SUN, 12PM TO 2PM

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OPEN SAT, 11AM TO 12:30PM

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OPEN TODAY, 4PM TO 6PM

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OPEN TODAY, 4PM TO 6PM

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OPEN SAT, 12PM TO 2PM

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Home values near 18 Balsam Rd

Data from public records.

Address	Redfin Estimate
29 Balsam Rd, Wakefield, RI 2 Beds \| 1 Baths \| 560 Sq. Ft.	$473,235
28 Balsam Rd, Wakefield, RI 2 Beds \| 1 Baths \| 560 Sq. Ft.	$435,768

Address	Redfin Estimate
8 Balsam Rd, Wakefield, RI 3 Beds \| 1.5 Baths \| 960 Sq. Ft.	$560,434
5 Balsam Rd, Wakefield, RI 2 Beds \| 1 Baths \| 672 Sq. Ft.	$577,942

Address	Redfin Estimate
38 Balsam Rd, Wakefield, RI 2 Beds \| 2 Baths \| 1120 Sq. Ft.	$554,726
37 Balsam Rd, Wakefield, RI 2 Beds \| 2 Baths \| 960 Sq. Ft.	$684,863

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

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