OFF MARKET

Off Market Jul 2024 for $905K

$980,523

•

772

sq ft

56 Stedman Rd, Wakefield, RI 02879

About this home

Discover this charming mid-century cottage with captivating salt pond views and secondary waterfront parcel, providing ample space, privacy, and potential. For the salt water enthusiast, this sweet retreat leaves little to be desired, with Potter Pond access just steps out the door, and the waves of East Matunuck State Beach a quick walk or bike ride away. Bathed in natural sunlight, the cottage features beautiful hardwood floors in the kitchen and living areas, which create a warm and inviting atmosphere. Equipped for all seasons, the house also offers a cozy fireplace and new heating system, ensuring comfort year-round. Sliders from the living area and primary bedroom lead onto the west facing deck, where Potter Pond sparkles as it reflects the sky's vibrant hues. A 3 bedroom septic system enables expansion potential for those who so desire, and the walk out basement offers a versatile space for storage or possibly additional finished space. An opportunity to own and enjoy a move-in-ready home and a piece of Rhode Island's beautiful coast while exploring the scope of possibility for this special location. Whether seeking a peaceful getaway or an active coastal lifestyle, this property offers the perfect balance.

Single-familyProperty Type

1954Year Built

0.32 acresLot Size

$1,270Est. Price/Sq.Ft.

4 spacesParking

Listed by Kelly Holmes • Mott & Chace Sotheby's Intl.

Bought with Maura Sayre • Coldwell Banker Realty

Redfin checked: a minute ago

•Source:RIS #1360235

Redfin Estimate

$980,523

$76K since sold in July 2024$3,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.2% lower than the average sale price ($993K) of 5 comparable homes.

SOLD JUL 31, 2026
$860,000
A
2 beds1 bath832 sq ft
86 Conch Rd, Narragansett, RI 02882
SOLD JUN 16, 2026
$1,200,000
B
3 beds1 bath768 sq ft
47 Ocean Ave, Wakefield, RI 02879
SOLD APR 17, 2026
$949,000
C
1 bed1 bath672 sq ft
17 Goose Island Rd, Narragansett, RI 02882
SOLD MAY 27, 2026
$760,000
D
2 beds2 baths992 sq ft
7 Conch Rd, Narragansett, RI 02882
SOLD JUN 18, 2026
$1,195,000
E
2 beds1 bath812 sq ft
11 Brecka Dr, Narragansett, RI 02879

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Earn from this home

Sell

$226,156

Est. take-home

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Rent

$1,674/mo

Redfin rental estimate

List your home for rent

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

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575 South Shore Village Blvd, South Kingstown, RI 02879
$999,900
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156 Driver Ln, Wakefield, RI 02879
$329,900
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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
$989,000
2 beds1 bath1,116 sq ft
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OPEN SEP 2, 4:30PM TO 6:30PM
$659,900
3 beds2 baths1,747 sq ft
60 Brookwood Rd, Wakefield, RI 02879
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2 beds1.5 baths1,036 sq ft
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172 Broad Rock Rd, Wakefield, RI 02879
See all

Provided by Redfin

Sale history for 56 Stedman Rd

Date

Event

Price

RIS #1360235

Jul 15, 2024

Sold

$905,000

$1,172/sq ft

Jun 9, 2024

Pending

—

May 31, 2024

Listed

$899,000

$1,165/sq ft

RIS #1315340

Nov 15, 2022

Listing Removed

—

Jul 12, 2022

Listed

$995,000

$1,289/sq ft

RIS #1313080

Jul 12, 2022

Listing Removed

—

Jun 15, 2022

Listed

$1,300,000

$1,684/sq ft

RIS #1172811

Jan 12, 2018

Sold

$480,000

$622/sq ft

Nov 8, 2017

Pending

—

Oct 11, 2017

Contingent

—

Sep 8, 2017

Listed

$499,000

$646/sq ft

RIS #439221

Nov 8, 2016

Price Changed

$679,900

$881/sq ft

Nov 20, 2004

Listing Removed

—

May 21, 2004

Listed

$850,000

$1,101/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,587 (−1.0%)

$713,800 + $134,900

$848,700

2024

$7,665

$585,600 + $108,100

$693,700

2023

$7,665 (+0.9%)

$585,600 + $108,100

$693,700

2022

$7,596 (+19.5%)

$585,600 + $108,100

$693,700

2021

$6,355

$360,700 + $79,100

$439,800

2020

$6,355

$360,700 + $79,100

$439,800

2019

$6,355 (−0.6%)

$360,700 + $79,100

$439,800

2018

$6,391 (+2.4%)

$339,500 + $68,100

$407,600

2017

$6,240 (+1.4%)

$339,500 + $68,100

$407,600

2016

$6,151 (+4.4%)

$339,500 + $68,100

$407,600

2015

$5,891 (+0.3%)

$308,600 + $71,000

$379,600

2014

$5,876

$308,600 + $71,000

$379,600

2013

$5,872 (+1.4%)

$308,600 + $71,000

$379,600

2012

$5,791

$321,600 + $77,800

$399,400

Tax history for 56 Stedman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,587 (−1.0%)

$713,800 + $134,900

$848,700

2024

$7,665

$585,600 + $108,100

$693,700

2023

$7,665 (+0.9%)

$585,600 + $108,100

$693,700

2022

$7,596 (+19.5%)

$585,600 + $108,100

$693,700

2021

$6,355

$360,700 + $79,100

$439,800

2020

$6,355

$360,700 + $79,100

$439,800

2019

$6,355 (−0.6%)

$360,700 + $79,100

$439,800

2018

$6,391 (+2.4%)

$339,500 + $68,100

$407,600

2017

$6,240 (+1.4%)

$339,500 + $68,100

$407,600

2016

$6,151 (+4.4%)

$339,500 + $68,100

$407,600

2015

$5,891 (+0.3%)

$308,600 + $71,000

$379,600

2014

$5,876

$308,600 + $71,000

$379,600

2013

$5,872 (+1.4%)

$308,600 + $71,000

$379,600

2012

$5,791

$321,600 + $77,800

$399,400

*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

7,841 Sq. Ft.

Year renovated

—

Sq. Ft.

772

Year built

1954

Style

Single Family Residential

County

Washington County

APN

459757

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

R80

CCO

SFHA

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.

Zone overlays

Carrying Capacity Overlay District
Special Flood Hazard Area 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

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

Interior

Bathroom Information
# of Full Bathrooms: 1

Room Information
# of Rooms (Total): 4
Has Basement
Basement Information: Full, Unfinished, Walk-Out Access

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

Equipment
Appliances: Dryer, Oven, Oil Water Heater, Range, Washer

Interior Features
Window Features: Skylight(s)
Flooring: Ceramic Tile, Hardwood, Laminate
Other Features: Skylights, Tub Shower

Exterior

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

Exterior Features
Exterior Features: Deck
Patio And Porch Features: Deck

Lot Information
Lot Size Area: 13,939
Lot Size Acres: 0.32
Lot Features: Multiple lots, Waterfront
Has Waterfront
Waterfront Features: Beach Front, Water Access, Walk to Water, Waterfront
Zoning: R80

Property Information
Has View
Above Grade Finished Area: 772
Foundation Details: Concrete Perimeter

Financial

Assessments and Fees
Assessed Value: $722,600

Tax Information
Annual Tax Amount: $7,985
Tax Year: 2023

Utilities

Utility Information
Electric: 200+ Amp Service
Sewer: Septic Tank
Water Source: Connected

Heating & Cooling
Has Heating
Heating: Forced Air, Oil

Location

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

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 772
Stories: 1.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1954
Year Renovated: —
County: Washington County
APN: 459757

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Matunuck School

Public K-5 • Assigned • 1.0mi

8/10

Broad Rock Middle School

Public 6-8 • Assigned • 5.2mi

9/10

South Kingstown High School

Public 9-12 • Assigned • 4.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 68-76% 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

5/10 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

3 unhealthy days expected this year, 4 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

$932,000 – $1.13M

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Home values near 56 Stedman Rd

Data from public records.

Address	Redfin Estimate
50 Stedman Rd, Wakefield, RI 3 Beds \| 2 Baths \| 1822 Sq. Ft.	$1,159,254
30 Stedman Rd, South Kingstown, RI 2 Beds \| 2 Baths \| 2050 Sq. Ft.	$1,078,768

Address	Redfin Estimate
37 Stedman Rd, Wakefield, RI 3 Beds \| 3.5 Baths \| 2240 Sq. Ft.	$1,420,051
50 Stedman Rd, South Kingstown, RI 3 Beds \| 2 Baths \| 1822 Sq. Ft.	$1,122,441

Address	Redfin Estimate
30 Stedman Rd, Wakefield, RI 2 Beds \| 2 Baths \| 2050 Sq. Ft.	$955,506
37 Stedman Rd, South Kingstown, RI 3 Beds \| 3.5 Baths \| 2240 Sq. Ft.	$1,412,381

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

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