1087 Lakeside Drive
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$3,950,000

1087 Lakeside Drive
Block Island, RI 02807
Listed by Cindy Pappas
Bedrooms
6
Bathrooms
5.1
Living area
3,600 sqft
Year built
1981

About this home

Welcome to 1087 Lakeside Drive - an exceptional retreat offering the perfect blend of privacy, comfort, and convenience. Nestled upon a three-acre parcel with sweeping views of Fresh Pond, this centrally located property is a rare opportunity to own a marvelous home with premium amenities. This beautifully maintained residence received a complete exterior renovation in 2023, including a new roof, decks, and windows. The sprawling, light-filled interior boasts six spacious bedrooms and five full baths, which include two suites ideal for guests or a potential Bed & Breakfast venture. The heart of the home features an open-concept kitchen with upscale appliances, a center island, and a dining area that will seat twelve - and along with both front and back decks, is perfect for entertaining! The property includes a three-car heated garage, a full basement, and a robust nine-bedroom septic system. Deeded water rights to Fresh Pond enhance the experience, while immediate access to the island’s premier walking trails and a 5-minute drive to beaches places you at the center of everything Block Island has to offer. Additionally, this property can be enjoyed as both a family residence, creating your very own rituals, or a lucrative investment property with already established income-generating rentals. From sipping coffee at sunrise to spectacular sunsets over Fresh Pond, this coastal home offers true island adventures!

Property details

MLS #
1385913
Property type
Single Family Residence
Subdivision
Fresh Pond
Status
Active
Days on market
363
On market date
June 4, 2025
Stories
N/A
Garage spaces
3
Lot size
2.8237 acres
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Est. monthly payment
$23,937/mo
$790,000 down
$3,160,000 loan
Principal & interest$20,496
Property tax (est.)$3,292
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 3, 2026.

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.