Unimproved Land at 0 Waterman Lake Drive, Glocester
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25 photos

$59,900

0 Waterman Lake Drive
Glocester, RI 02814
Listed by The DiSpirito Team
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Rare opportunity to acquire three contiguous lots in the desirable Waterman Lake Shores neighborhood of Glocester. Offered as a package and subject to Probate Court approval, this assemblage presents potential for a future homesite or development opportunity, subject to all necessary approvals and buyer due diligence. Located just moments from Waterman Lake, ownership includes access to the Waterman Lake Association, featuring a boat ramp, community hall, and recreational amenities. Enjoy a peaceful setting surrounded by nature while remaining conveniently located near shopping, restaurants, schools, Route 44, and major commuter routes. The seller makes no representations regarding buildability. The lots will likely require merger and additional approvals before any development can occur. No surveys, engineering, site plans, septic designs, well information, environmental studies, wetlands determinations, zoning approvals, variances, or permits have been obtained. Buyers are solely responsible for conducting their own due diligence regarding title, zoning, lot merger requirements, buildability, utilities, wetlands, environmental conditions, approvals, and all municipal, state, and regulatory requirements. An ideal opportunity for builders, developers, investors, or neighboring property owners seeking to secure land in a highly desirable lake community. Property is being sold strictly as-is, where-is, with all approvals and due diligence the responsibility of the buyer.

Property details

MLS #
1419602
Property type
Unimproved Land
Subdivision
Waterman Lake
Status
Active
Days on market
58
On market date
August 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.2663 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Fogarty Memorial
1.84 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
307
Student:teacher ratio
13.3:1
District
Glocester
Middle
Vincent J. Gallagher Middle
2.95 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
538
Student:teacher ratio
13.1:1
District
Smithfield
High
Smithfield High School
2.9 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
791
Student:teacher ratio
13.4:1
District
Smithfield

Walkability

Blended score for Glocester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

33
Car-dependent
out of 100
EPA National Walkability Index
6.5 / 20 -- Below average walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$511/mo
$11,980 down
$47,920 loan
Principal & interest$311
Property tax (est.)$50
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 4 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.