31 Prospect Rd, Wakefield, RI 02879
Property image
Property image
OFF MARKET

$254,400

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 664 sqft

31 Prospect Rd, Wakefield, RI 02879

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Home Value

Trulia Estimate
$254K
Since last month
Decreased$6K (-2.3%)
Since last year
Decreased$81K (-24.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -20% in the last 10 years
MonthEstimated value
2026
September 2026$249K
August 2026$254K
July 2026$269K
June 2026$302K
May 2026$288K
April 2026$331K
March 2026$283K
February 2026$254K
January 2026$337K
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
854 Matunuck Beach Rd, Wakefield, RI
0.19
Single-Family Home
$252,000
07/23/26
2
1
440
47 Ocean Ave, South Kingstown, RI
0.18
Single-Family Home
$1,200,000
06/16/26
3
1
768
24 Peninsula Rd, South Kingstown, RI
0.14
Single-Family Home
$950,000
01/28/26
3
1
1,064
854-103 Matunuck Beach Rd, Wakefield, RI
0.23
Single-Family Home
$165,000
07/13/26
2
0.5
352
854 Matunuck Beach Rd #33, South Kingstown, RI
0.23
Single-Family Home
$155,000
08/27/26
2
1.5
340
76 Peninsula Rd, South Kingstown, RI
0.20
Single-Family Home
$1,675,000
09/30/25
3
2
1,456
975 Matunuck Beach Rd, South Kingstown, RI
0.10
Single-Family Home
$1,700,000
04/10/26
4
2
1,624
263 Prospect Rd, South Kingstown, RI
0.39
Single-Family Home
$1,200,000
09/22/25
2
1.5
1,344
234 Prospect Rd, South Kingstown, RI
0.36
Single-Family Home
$2,205,000
09/30/25
2
2
1,688
854 162 Matunuck Beach Rd #L, Wakefield, RI
0.59
Single-Family Home
$242,500
06/22/26
1
1
504

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
23 Prospect Rd, South Kingstown, RI 02879
0.03
$1,578,500
3
1.5
1,830
Off Market
1 Barney Ave, South Kingstown, RI 02879
0.05
$1,292,900
3
3
1,631
Off Market
980 Matunuck Beach Rd, South Kingstown, RI 02879
0.06
$2,499,000
3
2
3,228
For Sale
990 Matunuck Beach Rd, South Kingstown, RI 02879
0.08
$1,168,800
2
1
694
Off Market
991 Matunuck Beach Rd, South Kingstown, RI 02879
0.10
$2,272,400
2
1.5
864
Off Market
943 Matunuck Beach Rd, South Kingstown, RI 02879
0.10
$2,436,900
3
4
2,321
Off Market
975 Matunuck Beach Rd, South Kingstown, RI 02879
0.10
$1,700,000
4
2
1,624
Recently Sold
24 Peninsula Rd, South Kingstown, RI 02879
0.14
$950,000
3
1
1,064
Recently Sold
281 East Dr, Wakefield, RI 02879
0.14
$150,200
2
1
408
Off Market
297 East Dr, Wakefield, RI 02879
0.15
$86,800
1
1
208
Off Market
47 Ocean Ave, South Kingstown, RI 02879
0.18
$1,200,000
3
1
768
Recently Sold
854 Matunuck Beach Rd #215, South Kingstown, RI 02879
0.19
$128,100
2
1
248
Off Market

Local Information

  • Map ViewExplore the area around 31 Prospect Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
664 sqft
$383/sqft

About this House

ALL INCLUSIVE WINTER RENTAL PRICE: All utilities are included and this is a fully furnished, pet friendly cottage. AVAILABLE IMMEDIATELY! South County Living at it's best! Waterfront cottage on Potter's Pond! This updated two bedroom, one bathroom home is located in the popular village of Matunuck. Walk to the Ocean Mist and Seaview Market as well as Carpenter's Farm. Matunuck Beach is just steps away. Walk the beach to Green Hill and beyond. Enjoy sunrises and sunsets on the water. There is a shared dock, with kayak launch. This a furnished nine month winter rental. Small dogs are considered with prior references.

All utilities included.
31 Prospect Rd, Wakefield, RI 02879 is a 2 bedroom, 1 bathroom, 664 sqft single-family home. More recently, it was listed as a rental in September 2022 with an asking price of $2,500 per month. That rental listing was removed on October 20, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $254,400, with a rent estimate of $2,263/month.

Home Details for 31 Prospect Rd

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Appliances & Utilities
DryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Furnished

Exterior Features

Parking & Garage
Parking: Off Street

Price and Tax history

DateEventPrice
Oct 20, 2022
Source: Zillow Rental Manager
ListingRemoved
Oct 10, 2022
Source: Zillow Rental Manager
PriceChange
$2,300
Price decreased by 8%
Sep 28, 2022
Source: Zillow Rental Manager
Listed For Rent
$2,500
Sep 16, 2022
Source: Zillow Rental Manager
ListingRemoved
Aug 16, 2022
Source: Zillow Rental Manager
Listed For Rent
$2,500

Market trends in South Kingstown

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$657K
$62.87KMoM
Sale-to-List Price
99.3%
0.7%MoM
Price per sq ft
$388
$13MoM
Available listings
114
4MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about South Kingstown

At least 113 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 91 % Say it's dog friendly

  • 90 % Say parking is easy

  • 86 % Say there's holiday spirit

  • 83 % Say yards are well-kept

  • 80 % Say there's wildlife

  • 80 % Say people would walk alone at night

  • 71 % Say it's quiet

  • 71 % Say kids play outside

  • 69 % Say neighbors are friendly

  • 65 % Say they plan to stay for at least 5 years

  • 52 % Say there are sidewalks

  • 45 % Say there are community events

  • 44 % Say it's walkable to restaurants

  • 39 % Say streets are well-lit

  • 26 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Maiki Holtbakk
    "Safe community "
    0
    Flag
  • Maiki Holtbakk
    "Community involvement "
    0
    Flag
  • Megobrien27
    "Amazing privacy. Friendly neighbors. Wildlife with convenience of being relatively close to the highway. Awesome elementary school"
    0
    Flag
  • Megobrien27
    "I’ve lived here for 2 years. Friendly neighbors. Lots of privacy. Safe for kids. Great night sky visibility (no street lights). "
    0
    Flag
  • Mandrewscherer
    "Most homeowners have dogs, and are happy to engage and see other dog owners enjoying themselves. Homeowners are responsible with their pets and respect neighbors property. "
    0
    Flag
  • Megobrien27
    "Super close to Kingston station for Amtrack access and only 15 minutes to wickford station for the Boston commuter rail Providence Line "
    0
    Flag
  • Trulia User
    "there are lots of dogs so owners are very understanding about random barking. ...................... "
    0
    Flag
  • Trulia User
    "excellent dog park nearby. dogs are also welcome at the beaches off season. lots of neighborly dog owners and dog friendly local businesses."
    0
    Flag
  • Trulia User
    "it's nice and home like, very quaint and like a small village of people that care about eachother, almost too much, but that's okay"
    0
    Flag
  • Trulia User
    "I love this neighborhood because it’s quiet, beautiful and convenient. Lots of shops and restaurants nearby"
    0
    Flag
  • Trulia User
    "the have lots of fairs and special events that are free and very community driven that the neighborhood seems to enjoy a lot."
    0
    Flag
  • Sean H.
    "Lots of other dog walkers in the residential neighborhoods, they seem welcome here. And everyone seems to pick up after their dogs."
    0
    Flag
  • Kristina F.
    "fairly easy access to highways but traffic can become a nuisance during summer months (if going with beach traffic)- but where we live is worth it for sure! "
    0
    Flag
  • Rich
    "Safe and inviting.. feels like home when you come home from a hard days work. Beautiful beaches and parks. "
    0
    Flag
  • Stacey O.
    "We all talk and mingle from time to time but everyone minds their own business. We keep each other updated and we check in on each after bad weather. "
    0
    Flag
  • Kristina F.
    "great community especially in the warmer months- school system is strong and lots is great parks for kids "
    0
    Flag
  • Helenpernicone
    "Beautiful scenery and neighbors with concerns for the environment make it unique. Community involvement is a key factor for the keeping it safe as well "
    0
    Flag
  • Mary H.
    "Great bike path for walks, poop bags along the trail as well. A lot of open field space for play time "
    0
    Flag
  • Manda B.
    "Main st Thursday night street vendors helps small business come together. Plus it’s makes for a nice night down Main Street for food and drinks along with the shopping experience. "
    0
    Flag
  • Hal B.
    "Seems great. Love it. Great place. Nice beaches. Nice hiking dog friendly. Safe place to be and live"
    0
    Flag
  • Fpseasidepainting
    "great location in the woods, lots of privacy very close to beaches in activity close to many good hiking trails "
    6
    Flag
  • Bcgeorge92
    "Just 12 homes —-friendly community where everyone gets along. Well maintained homes per homeowners association refs. Low HOA assessments."
    0
    Flag
  • Carolyn S. C.
    "I am specifically talking about a beach community area which is seasonal. Great area I grew up in the summers loving it! "
    2
    Flag
  • Timothy K.
    "my neighborhood has public transportation and it is easily accessible, clean and safe for the consumer"
    0
    Flag
  • Mleone131
    "Great private community to raise a family or to retire. Access to Indian Lake for swimming, kayaking, boating, fishing or ice skating. Homeowners have use of the community clubhouse for parties or meetings. Tennis courts, walking nature trails and private roads for walking, running and Biking. Close to South Kingstown bike path, golf, shooting range, schools and parks nearby."
    0
    Flag
  • Marc l
    "Access to Indian Lake and amenities of the neighborhood. Great area to raise kids. Fishing, swimming, tennis courts, boating, safe neighborhood make it ideal for raising a family. "
    0
    Flag
  • Mleone131
    "Located on the west side of Indian Lake, this private community offers a private nature trail, lake access with private beach, dock, swim raft, boating , tennis court and a family friendly environment. Rare listing for home sales. Close to middle school and high schools. "
    0
    Flag
  • Jandy
    "There are many families in our neighborhood, people are friendly, great location to the beach and restaurants. Great for walking, running, biking, tennis, basketball, swimming. Wonderful area to raise a family or enjoy peaceful retirement. "
    2
    Flag
  • My3sons24
    "Love Wakefield! Safe, Walkable, friendly neighborhood and pet friendly. South Kingstown has a solid budget and very well run so taxes are reasonable and i don’t expect them to go up significantly in the near future. Close to the beaches, restaurants and retail. Schools are great too!"
    0
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  • chi
    "Retired, but the ride to the city can be challenging. Public transport is available but not plentiful."
    1
    Flag
  • JimEddy
    "Development has 40 homes.... we all socialize on a fairly regular basis and have a well run HOA........................................."
    1
    Flag
  • Rich
    "No sidewalks, but very safe. Lots of activities for kids but please wear bike helmets. Tourists bring a lot of people who do not observe speed limits."
    0
    Flag
  • Ziptron
    "I stay here often — several times a year — at a house my family owns. Although it sees a lot of seasonal visitors, it is really homey and friendly and laid back. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 31 Prospect Rd

  • What is 31 Prospect Rd estimated to be worth?
    Trulia's estimated value for 31 Prospect Rd in Wakefield, RI is $254,400.
  • Is Wakefield a buyer's or seller's market?
    Wakefield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Wakefield?
    The median sale price in Wakefield is $657K. That is up $62.87K from the prior month.
  • What do residents say about Wakefield?
    Residents describe Wakefield, RI as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Wakefield, RI.
  • Does 31 Prospect Rd have laundry facilities?
    Yes, 31 Prospect Rd in Wakefield, RI has in-unit laundry.
  • Does 31 Prospect Rd have parking?
    Yes, 31 Prospect Rd in Wakefield, RI has on-site parking.

Explore by feature - Pet Friendly

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11 rentals with air conditioning in Wakefield, RI

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18 rentals with a washer/dryer in Wakefield, RI

Explore by feature - Outdoor Space

6 rentals with an outdoor space in Wakefield, RI

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