OFF MARKET

Off market feb 2021 for $459K

$755,948

•

2,175

sq ft

551 Big Water Rd, Wakefield, RI 02879

About this home

Come see why "VAIL" is one of South County's best kept secrets! Amenities aplenty include lake access to private beach, club house, tennis court, walking trails, and more! Only a few miles to Narragansett beaches, shops and restaurants. This townhouse is not too big and not too small, it's just right with 3 bedrooms and 2.5 bathrooms, bamboo floors, granite counters and lots of closets. In addition to the peaceful sunroom overlooking the spacious back yard, there is a large porch, full basement and a one-car garage. Swimming, sailing, kayaking, ice skating, and some of the best freshwater bass fishing in the area.

CondoProperty Type

1993Year Built

$348Est. Price/Sq.Ft.

1 car garageParking

Listed by Linda Alden Kaley • Lila Delman Compass

Bought with Kelli Improta • RI Real Estate Services

Redfin checked: 3 minutes ago

•Source:RIS #1271694

Redfin Estimate

$755,948

$297K since sold in February 2021$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.2% higher than the average sale price ($705K) of 6 comparable homes.

SOLD SEP 11, 2026
$906,000
A
2 beds2.5 baths2,668 sq ft
178 Preservation Way, Wakefield, RI 02879
SOLD AUG 14, 2026
$451,000
B
2 beds2.5 baths1,405 sq ft
8 Acorn Ct Unit E2, Wakefield, RI 02879
SOLD SEP 18, 2026
$675,000
C
2 beds2.5 baths1,320 sq ft
2 Martingale Ln, Narragansett, RI 02882
SOLD JUN 29, 2026
$790,000
D
2 beds2.5 baths1,578 sq ft
510 Boston Neck Rd, North Kingstown, RI 02852
SOLD JUN 22, 2026
$610,000
E
2 beds2 baths2,069 sq ft
90 Cardinal Dr, North Kingstown, RI 02852
SOLD JUN 29, 2026
$799,900
F
2 beds2.5 baths1,942 sq ft
85 Brandywyne Ct, Wakefield, RI 02879

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Earn from this home

Sell

$383,472

Est. take-home

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Rent

$3,190/mo

Redfin rental estimate

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Market trends in 02879, RI

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

0.5% MoM

Median sale price

$763K

$40K MoM

Avg. days on market

32d

5 days MoM

Recently sold homes

2 MoM

New listings for sale

$2,600,000
3 beds1.5 baths1,452 sq ft
1127 Succotash Rd, Wakefield, RI 02882
$230,000
2 beds1 bath1,192 sq ft
13 Comfort Ln, South Kingstown, RI 02879
OPEN TODAY, 2:30PM TO 3:30PM
$1,070,000
3 beds2.5 baths4,401 sq ft
685C Curtis Cor, South Kingstown, RI 02879
$479,900
2 beds1.5 baths1,510 sq ft
18 Acorn Ct Unit F2, Wakefield, RI 02879
$938,000
4 beds2.5 baths3,456 sq ft
77 Mockingbird Ln, Wakefield, RI 02879
OPEN TODAY, 11AM TO 12:30PM
$1,265,000
3 beds3.5 baths2,256 sq ft
43 Atlantic St, Wakefield, RI 02879
COMING SOON
$749,000
4 beds2 baths1,923 sq ft
136 Briarwood Dr, Wakefield, RI 02879
LISTED BY REDFIN
$999,000
4 beds3 baths4,014 sq ft
128 Windmill Dr, Wakefield, RI 02879
OPEN TODAY, 11AM TO 12:30PM
$649,000
3 beds2 baths1,408 sq ft
55 Lafayette Ave, Wakefield, RI 02879
$595,000
3 beds1 bath1,074 sq ft
2030 Ministerial Rd, Wakefield, RI 02879
See all

Provided by Redfin

Sale history for 551 Big Water Rd

Tax history for 551 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
Permits

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

2,175

Year built

1993

Style

Condo/Co-op

County

Washington County

APN

271007

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

Dec 18, 2023 • Final

Mechanical

Install a gas line for a gas fireplace.

Gas

Dec 5, 2023 • Active

Mechanical

Install a direct vent gas zero clearance fireplace and venting. The gas connection will be completed by others.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

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

Parking
Features: Attached, Garage, Garage Door Opener, Unassigned
# of Parking (Total): 7
# of Covered Spaces: 1

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1

Room Information
# of Rooms (Total): 8
Has Basement
Basement Information: Exterior Entry, Full, Interior Entry, Unfinished

Laundry Information
Features: In Unit

Equipment
Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Washer

Interior Features
Flooring: Hardwood, Laminate, Carpet
Other Features: Attic, Bathtub, Cedar Closet(s), Permanent Attic Stairs, Tub Shower

Exterior

Building Information
Stories: 2
Stories (Total): 2
Building Name: VILLAGE AT INDIAN LAKE
Construction Details: Drywall, Vinyl Siding

Exterior Features
Exterior Features: Porch, Patio, Paved Driveway, Tennis Court(s)
Patio And Porch Features: Patio, Porch

Lot Information
Lot Features: Corner Lot, Cul-De-Sac
Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
Zoning: R80

Property Information
Above Grade Finished Area: 2,175
Entry Location: First Floor Access,Private Entry
Entry Level: 0
Foundation Details: Concrete Perimeter

Financial

Assessments and Fees
Assessed Value: $326,900

Tax Information
Annual Tax Amount: $4,723
Tax Year: 2020

Rental Information
Pets Allowed Details: No Pet Restrictions, Yes

Utilities

Utility Information
Utilities: Sewer Connected, Underground Utilities
Electric: 200+ Amp Service
Sewer: Connected, Septic Tank
Water Source: Connected, Public

Heating & Cooling
Has Heating
Heating: Gas, Hot Water

Location

Multi Unit Information
# Of Units In Community: 2

HOA Information
Association Fee: $760
Annually
Association Amenities: Maintenance, Recreation Facilities, Recreation Room, Tennis Court(s), Trail(s)

Community Information
Community Features: Clubhouse, Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Trails/Paths, Sidewalks

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 2,175
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1993
Year Renovated: —
County: Washington County
APN: 271007

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Peace Dale School

Public PreK-5 • Assigned • 2.8mi

7/10

Broad Rock Middle School

Public 6-8 • Assigned • 2.3mi

9/10

South Kingstown High School

Public 9-12 • Assigned • 3.1mi

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

$719,000 – $870,000

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Home values near 551 Big Water Rd

Data from public records.

Address	Redfin Estimate
521 Big Water Road, Wakefield, RI 4 Beds \| 2.5 Baths \| 2648 Sq. Ft.	$1,046,428
490 Big Water Road, Wakefield, RI 4 Beds \| 5 Baths \| 3672 Sq. Ft.	$906,031

Address	Redfin Estimate
550 Big Water Road, Wakefield, RI 4 Beds \| 3 Baths \| 2604 Sq. Ft.	$704,005
533 Big Water Road, Wakefield, RI 2 Beds \| 1.5 Baths \| 1420 Sq. Ft.	$589,705

Address	Redfin Estimate
553 Big Water Road, Wakefield, RI 3 Beds \| 2.5 Baths \| 2175 Sq. Ft.	$726,925
535 Big Water Road, Wakefield, RI 2 Beds \| 1.5 Baths \| 1420 Sq. Ft.	$553,637

Property information provided by RIS when last listed in 2020. This data may not match . Learn more.

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