515 Wakefield Street, West Warwick, RI, 02893 | $599,000

Step into timeless elegance with this stunning multi-generational Colonial home, ready for its next steward to bring a new vision to make unforgettable memories! Boasting over 3500 sq ft of thoughtfully designed space, the original home was built c1964, and family room/first floor primary ensuite addition added in the 1970s, perched on 1. 14 picturesque acres next to Wakefield Hills ES and playground. This custom-built home features 4-5 spacious bedrooms, 3. 5 baths including a massive first floor primary ensuite with a generous walk-in closet. Dining room and spacious eat-in-kitchen with commercial grade hood. 515 Wakefield St offers endless possibilities and presents exciting ADU potential--with existing cabana full bathroom/shower for additional living space to make this an ideal multi-gen home! Enjoy hosting holidays and entertaining family and friends in two sun-filled, fireplace living rooms. Dine al fresco style on the outdoor deck or along the large in-ground pool surrounded by mature landscaping. Outstanding location near West Warwick Country Club, Midville Golf Club, Natick Park, and Riverpoint Park. Easy access to highways, great dining, and shopping. 515 Wakefield St blends "solid bones" construction and tranquil living with a prime location. Seize this rare chance to own a timeless colonial masterpiece. ESTATE SALE, selling in "AS IS" condition. Property needs work (no FHA or VA). Don't wait schedule your showing now and make it yours!

Features

  • Amenities: Golf,Highway Access,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Colonial
  • Year Built: 1964
  • Garage: 2-car Attached,Garage
  • Heating: Baseboard,Hot Water,Oil
  • Cooling: Central Air
  • Basement: Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 3,594
  • Acreage: 1.14
  • Est. Taxes: $9,134
  • Appliances: Dryer,Dishwasher,Exhaust Fan,Oven,Oil Water Heater,Range,Refrigerator,Range Hood,Trash Compactor,Water Heater,Washer
  • MLS#: 1384846
  • Website: https://www.raveis.com
    /eprop/1384846/515wakefieldstreet_westwarwick_ri?source=qrflyer
Copyright © 2025  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Coldwell Banker Realty   Phone: 401-884-8050

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

515 Wakefield Street, West Warwick, RI, 02893

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.083% 7.063% 6.152%
Monthly Tax Payment $761 $761 $761
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,029 $3,148 $4,011
Total Monthly Payment $3,882 $4,001 $4,864

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.