OFF MARKET
Google street view image for 40 Elm Rd, Wakefield, RI 02879
OFF MARKET
$542,682
2
bd
•
1.5 ba
•
816
sq ft

40 Elm Rd, Wakefield, RI 02879

map-entry

About this home

40 Elm Rd is a 816 square foot house on a 0.46 acre lot with 2 bedrooms and 1.5 bathrooms. Based on Redfin's Wakefield data, we estimate the home's value is $542,682.
Single-familyProperty Type
1975Year Built
0.46 acresLot Size
$665Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$542,682
$3,000 since July

This home's estimate is 37.7% lower than the average sale price ($872K) of 6 comparable homes.

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Earn from this home

Sell
$509,447
Est. take-home

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Rent
$1,812/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
79

13 MoM

New listings for sale

Provided by Redfin

Sale history for 40 Elm Rd

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 40 Elm Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R30

CR

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

Around this home

Schools

Matunuck School

Public K-5 • Assigned • 3.6mi

8/10
Broad Rock Middle School

Public 6-8 • Assigned • 8.5mi

9/10
South Kingstown High School

Public 9-12 • Assigned • 7.6mi

8/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 10-14% chance 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)
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

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
$516,000 – $625,000

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Nearby similar homes

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3D WALKTHROUGH
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OPEN SAT, 2PM TO 4PM
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New listings for sale in 02879

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$5,500,000
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OPEN FRI, 4PM TO 6PM
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$659,900
3 beds2 baths1,747 sq ft
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OPEN FRI, 4PM TO 6PM
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4 beds2.5 baths2,066 sq ft
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OPEN SAT, 12PM TO 2PM
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Home values near 40 Elm Rd

Data from public records.

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