Rare offering at the Village at Indian Lake featuring 3 bedrooms, 2.5 baths located on a quiet cul-de-sac. Includes attached garage, partially finished basement, walk-up attic, and shed for your storage needs all set within an easy to manage condominium lifestyle setting with amenities galore! Private access to Indian Lake for swimming, kayaking, fishing as well as association club house for events and gatherings. Grab your rackets and call your neighbor for a game of tennis or pickleball or go for a walk along VAIL's very own private walking trails all within a hundred plus acres of open space. Located only minutes to state and local beaches, downtown restaurants, and all South County has to offer, this condominium will be sure to please!
CondoProperty Type
1993Year Built
$336Est. Price/Sq.Ft.
1 car garageParking
Listed by Linda Alden Kaley• Lila Delman Compass
Bought with Holly McLear• Hogan Associates Christie's
Welcome home to this beautiful, impeccably maintained townhouse in desirable Village at Indian Lake! The perfect home for all seasons, the lake is stocked with fish and is perfect for kayaking, swimming, canoeing, and small boat engines are allowed! Come inside and walk through the foyer to the large eat-in kitchen, dining room, living room and a four season sunroom! There is also a large half bath on the main floor. Upstairs, the large master bedroom has a newly updated bathroom with large tiled shower with frame-less glass doors, double vanity and awesome separate soaking air tub to relax away the day! There are two other large bedrooms serviced by a large full bath. The basement boasts a large family room with plenty of room to relax. There is also storage space and a large workshop area. This home has a newer high-efficiency heating system with on-demand hot water. Additional features include triple-pane Harvey windows, a walk-up attic that could easily be finished for additional living space, a cedar closet, and multiple walk-in closets. Meander over to the lake with private beach, tennis courts and clubhouse. There is also storage for boats, campers and trailers! This home sits on one acre, located on a private cul-de-sac. There is a great front porch, many beautiful plantings and a shed - all only minutes to area beaches, highway access, train station and in-town shopping and restaurants! Come see this beautiful home today!
RIS #1186766
May 31, 2018
Listing Removed
—
May 10, 2018
Relisted
—
May 7, 2018
Contingent
—
Apr 5, 2018
Listed
$379,900
$175/sq ft
RIS #1180522
Apr 2, 2018
Listing Removed
—
Jan 10, 2018
Listed
$409,900
$188/sq ft
RIS #1178642
Jan 10, 2018
Listing Removed
—
Jan 1, 2018
Contingent
—
Jan 1, 2018
Pending
—
Nov 30, 2017
Listed
$409,900
$188/sq ft
RIS #1163264
Sep 25, 2017
Listing Removed
—
Aug 12, 2017
Price Changed
$399,900
$184/sq ft
Jun 2, 2017
Price Changed
$419,000
$193/sq ft
Jun 2, 2017
Listed
$419
$0/sq ft
RIS #803250
Jul 6, 1998
Listing Removed
—
Feb 19, 1998
Listed
$192,500
$89/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,269 (−12.4%)
$589,400
2024
$6,015 (+8.0%)
$544,300
2023
$5,571 (+0.9%)
$504,200
2022
$5,521 (+16.5%)
$504,200
2021
$4,738
$327,900
2020
$4,738
$327,900
2019
$4,738 (−3.0%)
$327,900
2018
$4,887 (+2.4%)
$311,700
2017
$4,772 (+1.4%)
$311,700
2016
$4,704 (+5.2%)
$311,700
2015
$4,473 (+0.3%)
$288,200
2014
$4,461
$288,200
2013
$4,458 (−6.4%)
$288,200
2012
$4,765
$328,600
Tax history for 553 Big Water Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,269 (−12.4%)
$589,400
2024
$6,015 (+8.0%)
$544,300
2023
$5,571 (+0.9%)
$504,200
2022
$5,521 (+16.5%)
$504,200
2021
$4,738
$327,900
2020
$4,738
$327,900
2019
$4,738 (−3.0%)
$327,900
2018
$4,887 (+2.4%)
$311,700
2017
$4,772 (+1.4%)
$311,700
2016
$4,704 (+5.2%)
$311,700
2015
$4,473 (+0.3%)
$288,200
2014
$4,461
$288,200
2013
$4,458 (−6.4%)
$288,200
2012
$4,765
$328,600
*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
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
2,175
Year built
1993
Style
Condo/Co-op
County
Washington County
APN
231857
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: Assigned, Attached, Garage, Garage Door Opener
Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
Zoning: R80
Property Information
Above Grade Finished Area: 2,175
Entry Location: Private Entry
Entry Level: 2
Foundation Details: Concrete Perimeter
Financial
Assessments and Fees
Assessed Value: $504,200
Tax Information
Annual Tax Amount: $5,571
Tax Year: 2023
Rental Information
Pets Allowed Details: Yes
Utilities
Utility Information
Utilities: Underground Utilities
Electric: 200+ Amp Service
Sewer: Septic Tank
Water Source: Connected, Public
Heating & Cooling
Has Cooling
Cooling: Central Air, Heat Pump
Has Heating
Heating: Baseboard, Gas, Hot Water
Location
Multi Unit Information
# Of Units In Community: 2
HOA Information
Association Fee: $112
Monthly
Association Fee Includes: Tennis Courts
Association Amenities: Recreation Facilities, Tennis Court(s)
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), 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: 231857
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)
35
21
37
22
48
32
57
41
65
50
77
60
81
66
78
59
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
$694,000 – $840,000
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