48 Waterman Lake Drive

Glocester, RI 02814

Bring your vision to the established Waterman Lake Shores neighborhood. This 3-bedroom, 1-bath Cape is set on a level 0.31-acre lot surrounded by mature trees, with neighborhood lake access and a beautiful babbling brook behind the property that flows toward Waterman Lake. Built in 1945, the home offers approximately 960 square feet of finished living space, including a finished attic, along with a wood-burning fireplace, open front porch, oversized rear deck, first-floor laundry, and detached garage. Additional features include oil-fired hot-water heat, with the oil burner serviced in November 2025, an electric water heater installed in 2015, a private well, and vinyl siding. Conveniently located just minutes from Route 44 for shopping, dining, and everyday necessities, with easy access to Interstate 295. Sold strictly as-is as part of an estate/probate sale an excellent opportunity for investors, contractors, or buyers ready to renovate and build equity. Buyer and buyer's agent to verify all information and complete their own due diligence, including the water and waste-disposal systems. Owners will enjoy water rights which include access to the boat ramp, beach and community hall through the Waterman Lake Shores Association. Association fee is a nominal $75 per year.

Listing courtesy of The DiSpirito Team of Engel & Volkers Oceanside (401) 244-8355



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Last checked: 2026-06-22 05:09 AM UTC