OFF MARKET

Off Market Sep 2025 for $630K

$618,254

•

1,386

sq ft

470 Big Water Rd, Wakefield, RI 02879

About this home

Welcome to a beautifully maintained single-level home located in the highly sought-after Village at Indian Lake (VAIL). This property features a thoughtfully designed layout with 2 bedrooms, 2 full bathrooms, plenty of closets & storage, offering 1,386 square feet of comfortable and easy living. The open-concept design includes a bright living area with cathedral ceilings, a beautiful kitchen with ample cabinetry, and a private deck. Additional features include a whole house generator and irrigation sprinklers, ensuring year-round convenience and peace of mind. As a resident of VAIL, you'll enjoy a lifestyle rich in amenities. Take advantage of lake access with a private beach, a welcoming clubhouse, tennis/pickleball courts, walking trails, and more. Whether you're launching a kayak, meeting neighbors for a social event, or enjoying a quiet evening stroll, this community offers something for everyone. Conveniently located just minutes from Narragansett beaches, URI, and all the shopping and dining that South County has to offer, 470 Big Water Road is perfect as a year-round residence or weekend retreat. Don't miss this opportunity to experience the comfort, convenience, and charm of lakeside living. Come see why VAIL is one of South County's best-kept secrets.

CondoProperty Type

1988Year Built

0.72 acresLot Size

$446Est. Price/Sq.Ft.

1 car garageParking

Listed by Keri Lagor • Zanno Realty Group

Bought with Caitlin Clement • Coast to Country Realty

Redfin checked: a few seconds ago

•Source:RIS #1390802

Redfin Estimate

$618,254

$12K since sold in September 2025$43K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.8% higher than the average sale price ($538K) of 6 comparable homes.

SOLD AUG 17, 2026
$642,000
A
2 beds2 baths1,531 sq ft
27 Riverdell Dr, Saunderstown, RI 02874
SOLD AUG 14, 2026
$451,000
B
2 beds2.5 baths1,405 sq ft
8 Acorn Ct Unit E2, Wakefield, RI 02879
SOLD JUN 9, 2026
$549,900
C
2 beds1.5 baths1,364 sq ft
9 Parsley Ln, Saunderstown, RI 02874
SOLD JUN 12, 2026
$512,000
D
2 beds1.5 baths1,324 sq ft
11 Parsley Ln, Saunderstown, RI 02874
SOLD AUG 17, 2026
$515,000
E
2 beds1.5 baths1,762 sq ft
50 South Bay Dr #19, Narragansett, RI 02882
SOLD MAY 15, 2026
$560,000
F
2 beds1.5 baths1,561 sq ft
1029 Boston Neck Rd #2, Narragansett, RI 02882

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Earn from this home

Sell

$85,681

Est. take-home

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Rent

$2,504/mo

Redfin rental estimate

List your home for rent

Market trends in 02879, RI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.0% MoM

Median sale price

$722K

$47K MoM

Avg. days on market

27d

0 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 11 HRS AGO
$1,649,500
4 beds2.5 baths3,200 sq ft
41 2 North Woods Trl, South Kingstown, RI 02879
NEW 25 HRS AGO
$875,000
5 beds2 baths1,680 sq ft
475 Woodruff Ave, Wakefield, RI 02879
LISTED BY REDFIN
$624,900
2 beds2 baths1,465 sq ft
301 Church St #108, South Kingstown, RI 02879
$400,000
3 beds1 bath1,119 sq ft
77 Winter St, Wakefield, RI 02879
OPEN SUN, 11AM TO 1PM
$2,395,000
4 beds3 baths3,731 sq ft
216 Spartina Cove Way, Wakefield, RI 02879
$825,000
3 beds2 baths1,632 sq ft
52 Elm Rd, Wakefield, RI 02879
COMING SOON
$3,490,000
5 beds3 baths3,467 sq ft
191 Carpenter Dr, Wakefield, RI 02879
VIDEO TOUR
$1,070,000
3 beds2.5 baths4,401 sq ft
685C Curtis Cor, South Kingstown, RI 02879
$879,000
2 beds2 baths1,778 sq ft
575 South Shore Village Blvd, South Kingstown, RI 02879
$999,900
2 beds3 baths2,692 sq ft
156 Driver Ln, Wakefield, RI 02879
See all

Provided by Redfin

Sale history for 470 Big Water Rd

Tax history for 470 Big Water Rd

*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

—

Year renovated

—

Sq. Ft.

1,386

Year built

1988

Style

Condo/Co-op

County

Washington County

APN

456400

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

R80

Rural Residential Low Density District

This district allows a residential density up to 0.55 dwellings per acre. The minimum lot size for single-household detached dwellings is 80,000 sq ft. These are primarily rural areas which are not served by public facilities, and in which intensive development should not occur. They are characterized by low-density residential development, large estates, agriculture and certain low intensity nonresidential activities incidental to a rural environment. Public water service may be provided, but public sewers are discouraged in favor of waste water management districts and water conservation practices. This district may also include open space, conservation lands and land unsuitable for development. Portions of this district are within the High Flood Danger HFD Overlay District.

Permitted uses

Include but are not limited to:

Livestock production
Housing-Group
Housing-Single unit
Infrastructure
Public service
Golf related
Agriculture-Cropland
Cemetery
Park & open space

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 1

Parking
Features: Attached, Garage, Unassigned
# of Parking (Total): 4
# of Covered Spaces: 1

Interior

Bathroom Information
# of Full Bathrooms: 2

Room Information
# of Rooms (Total): 5

Laundry Information
Features: In Unit

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

Equipment
Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer

Interior Features
Flooring: Ceramic Tile, Laminate, Carpet
Other Features: Attic, Storage, Tub Shower, Cable TV

Exterior

Building Information
Stories: 1
Stories (Total): 1
Building Name: Village at Indian Lake
Construction Details: Drywall, Plaster, Clapboard, Shingle Siding

Exterior Features
Exterior Features: Deck, Sprinkler/Irrigation, Paved Driveway
Patio And Porch Features: Deck

Lot Information
Lot Size Area: 31,483
Lot Size Acres: 0.7228
Lot Features: Sprinkler System
Waterfront Features: Beach Access, Walk to Water

Property Information
Above Grade Finished Area: 1,386
Entry Location: Private Entry
Entry Level: 1
Foundation Details: Slab

Financial

Assessments and Fees
Assessed Value: $339,000

Tax Information
Annual Tax Amount: $3,746
Tax Year: 2024

Rental Information
Pets Allowed Details: Yes

Utilities

Utility Information
Electric: Circuit Breakers
Sewer: Septic Tank
Water Source: Connected

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Gas

Location

HOA Information
Association Fee: $500
Monthly
Association Fee Includes: Clubhouse, Recreation Facilities, Tennis Courts, Water
Association Amenities: Recreation Facilities, Tennis Court(s), Trail(s)

Community Information
Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Trails/Paths

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,386
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1988
Year Renovated: —
County: Washington County
APN: 456400

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Peace Dale School

Public PreK-5 • Assigned • 2.7mi

7/10

Broad Rock Middle School

Public 6-8 • Assigned • 2.2mi

9/10

South Kingstown High School

Public 9-12 • Assigned • 3.0mi

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

5/10 Heat Factor

7 days above 91° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 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

$588,000 – $711,000

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New listings for sale in 02879

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NEW 25 HRS AGO

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LISTED BY REDFIN3D WALKTHROUGH

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$400,000

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77 Winter St, Wakefield, RI 02879

OPEN SUN, 11AM TO 1PM

$2,395,000

4 beds3 baths3,731 sq ft

216 Spartina Cove Way, Wakefield, RI 02879

$825,000

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52 Elm Rd, Wakefield, RI 02879

COMING SOON

$3,490,000

5 beds3 baths3,467 sq ft

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VIDEO TOUR

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685C Curtis Cor, South Kingstown, RI 02879

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Home values near 470 Big Water Rd

Data from public records.

Address	Redfin Estimate
521 Big Water Rd, Wakefield, RI 4 Beds \| 2.5 Baths \| 2648 Sq. Ft.	$1,082,097
468 Big Water Rd, Wakefield, RI 2 Beds \| 2 Baths \| 1396 Sq. Ft.	$541,187

Address	Redfin Estimate
473 Big Water Rd, Wakefield, RI 3 Beds \| 2.5 Baths \| 1792 Sq. Ft.	$720,399
482 Big Water Rd, Wakefield, RI 2 Beds \| 1.5 Baths \| 1456 Sq. Ft.	$501,817

Address	Redfin Estimate
490 Big Water Rd, Wakefield, RI 4 Beds \| 5 Baths \| 3672 Sq. Ft.	$846,723
480 Big Water Rd, Wakefield, RI 2 Beds \| 2.5 Baths \| 1456 Sq. Ft.	$770,311

Property information provided by RIS when last listed in 2025. This data may not match . Learn more.

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