Nestled just minutes from downtown and some of Block Island's best swimming beaches, this delightful 1948 home offers the perfect blend of convenience, character, and charm. Despite its central location, the yard feels like a peaceful garden retreat—framed by a graceful Japanese maple and offering partial views of scenic Mill Pond. Inside, the 2-bedroom, 1.5-bath home welcomes you with a warm, inviting atmosphere. Vintage details give the space a sense of history and heart, while cozy living areas create the perfect backdrop for everyday comfort or casual entertaining. One of the property’s standout features is the thoughtfully designed accessory structure, built in 2014, offering real value and possibility. A rare find in such a sought-after in-town location, this home is a true gem for buyers looking for something special—something with soul, story, and room to grow.
Sold for $1,025,000 on 12/22/25
$1,025,000
481 Old Town Rd, Block Island, RI 02807
2beds
816sqft
Single Family Residence
Built in 1948
10,454.4 Square Feet Lot
$1,025,200 Zestimate®
$1,256/sqft
$2,646 Estimated rent
Home value
$1,025,200
$964,000 - $1.09M
$2,646/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 23, 2025 at 08:19am
Listed by:
Carolyn Casady 203-605-2672,
Phillips Real Estate
Bought with:
Hanna Greenlee Martin, RES.0040585
Phillips Real Estate
Source: StateWide MLS RI,MLS#: 1395066
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard
Cooling
- None
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
- Flooring: Hardwood, Laminate
- Basement: Partial,Bulkhead,Unfinished
- Attic: Attic Stairs
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 816
- Total interior livable area: 816 sqft
- Finished area above ground: 816
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Accessibility
- Accessibility features: One Level
Features
- Patio & porch: Deck
- Waterfront features: Walk to Fresh Water, Walk to Salt Water, Walk To Water
Lot
- Size: 10,454 sqft
Details
- Additional structures: Outbuilding
- Foundation area: 816
- Parcel number: BLOCM06L057
- Zoning: RB
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Dry Wall, Shingles
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Restaurants, Near Shopping, Near Swimming
Location
- Region: Block Island
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Sold | $1,025,000-14.6%$1,256/sqft |
Source:  StateWide MLS RI #1395066 Report a problem | ||
| 12/2/2025 | Pending sale | $1,200,000$1,471/sqft |
Source: StateWide MLS RI #1395066 Report a problem | ||
| 11/4/2025 | Contingent | $1,200,000$1,471/sqft |
Source: StateWide MLS RI #1395066 Report a problem | ||
| 9/12/2025 | Listed for sale | $1,200,000$1,471/sqft |
Source: StateWide MLS RI #1395066 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,688 | $849,200 |
| 2024 | $4,688 +55.8% | $849,200 +99.8% |
| 2023 | $3,009 | $424,960 |
Find assessor info on the county website
Neighborhood: 02807
Nearby schools
GreatSchools rating
- 6/10Block Island SchoolGrades: K-12Distance: 0.6 mi
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$1,025,200
2% more+ $20,504
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$1,045,704