48 Lane #2, Warwick, RI 02888
Property image
Property image
SOLD
AUG 4, 2026

48 Lane #2
Warwick, RI 02888

  • 1 Bed
  • 1 Bath
  • 621 sqft

$80,000

Last Sold: Aug 4, 2026
35% below list $123K
$129/sqft

$80,000

Last Sold: Aug 4, 2026
35% below list $123K
$129/sqft
1 Bed
1 Bath
621 sqft

Local Information

  • Map ViewExplore the area around 48 Lane #2.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1935
Living Area
621 sqft
Price/Sqft
$129/sqft
Parking
2 Parking Spaces
HOA
$452/Monthly

About this House

Investors and Contractors- looking for your next project? This property needs a complete renovation and offers an incredible opportunity, located in the charming Gaspee Point Community, steps from private beach access. The location of this property is fantastic. It's at the end of the street and has a great lot. It is minutes away from Pawtuxet Village with its amazing shops and restaurants. A true diamond in the rough. This property is being sold as-is/as seen and will not qualify for financing.
48 Lane #2, Warwick, RI 02888 is a 1 bedroom, 1 bathroom, 621 sqft single-family home built in 1935. It last sold for $80,000 on Aug 4, 2026 (35% below the $123,000 asking price). It is currently off market. The Trulia Estimate is $120,500, with a rent estimate of $1,857/month.

Home Details for 48 Lane #2

Interior Features

Interior Details
Basement: Crawl Space,Bulkhead,UnfinishedNumber of Rooms: 4
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 621 Square Feet
Appliances & Utilities
Utilities: Sewer Connected
Heating & Cooling
Heating: Electric,NoneNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: None
Windows, Doors, Floors & Walls
Flooring: Other
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Other
View
No View

Exterior Features

Exterior Home Features
Foundation: Stone
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 2Parking: No Garage
Frontage
Waterfront: Access, Beach, Walk to Salt Water, Walk To Water
Water & Sewer
Sewer: In Fee
Finished Area
Finished Area (above surface): 621 Square Feet

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cottage
Building
Not a New Construction
Property Information
Included in Sale: The land lease is $361.00, and the sewer assessment is $91.00 for a total of $452.00. The owner has never lived in the property. The property has been gutted.

Price & Status

Price
List Price: $123,000Price Per Sqft: $129/sqft

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: WarwickCommunity: Gaspee Point

Building

Building Area
Building Area: 621 Square Feet

Community

Not Senior Community

HOA

No HOAHOA Fee: $452/Monthly

Listing Info

Special Conditions: Conventional/Market Value

Miscellaneous

BasementMls Number: 1413017Above Grade Unfinished Area: 621
Last check for updates: about 2 hours ago
Listed by Kara Guerette, (401) 787-0970
REMAX Revolution
Bought with: Joseph Caprara, (401) 465-6301, REMAX Revolution
Source: StateWide MLS RI, MLS#1413017

Price History for 48 Lane #2

DatePriceEventSource
08/04/2026$80,000Sold
StateWide MLS RI #1413017
06/26/2026$123,000PendingStateWide MLS RI #1413017
05/19/2026$123,000Listed For SaleStateWide MLS RI #1413017
05/12/2026$130,000ListingRemovedStateWide MLS RI #1409098
04/03/2026$130,000Listed For SaleStateWide MLS RI #1409098
04/02/2026$130,000ListingRemovedStateWide MLS RI #1406522
03/13/2026$130,000PriceChange
StateWide MLS RI #1406522
01/15/2026$140,000PriceChange
StateWide MLS RI #1400253
11/15/2025$145,000Listed For SaleStateWide MLS RI #1400253
12/29/2021$50,000Sold
StateWide MLS RI #1287453
07/28/2021$50,000PendingStateWide MLS RI #1287453
07/07/2021$50,000ContingentStateWide MLS RI #1287453
07/06/2021$50,000Listed For SaleStateWide MLS RI #1287453

Market trends in Warwick

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$12KMoM
Sale-to-List Price
101.0%
0.9%MoM
Price per sq ft
$302
$8MoM
Available listings
222
14MoM
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Property Tax and Assessment

Year2025
Tax$1,272
Assessment$87,900
Home facts updated by county records

Comparable Sales for 48 Lane #2

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
375 Namquid Dr, Warwick, RI
0.07
Single-Family Home
$275,000
05/20/26
1
1
764
68 Lane #5, Warwick, RI
0.08
Single-Family Home
$250,000
05/28/26
1
1
863
48 Lane #5, Warwick, RI
0.04
Single-Family Home
$272,000
09/02/25
2
1
742
86 Lane 5, Warwick, RI
0.10
Single-Family Home
$250,000
12/03/25
3
1
1,154
50 Lane 1, Warwick, RI
0.17
Single-Family Home
$265,000
08/15/25
2
1.5
680
25 Honeysuckle Rd, Warwick, RI
0.34
Single-Family Home
$425,000
12/12/25
3
1
944
45 Whippoorwill Rd, Warwick, RI
0.30
Single-Family Home
$431,000
05/14/26
3
1
1,178
94 Osage Dr, Warwick, RI
0.28
Single-Family Home
$480,000
08/18/25
3
1
1,319

Nearby homes

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Assigned Schools

These are the assigned schools for 48 Lane #2.
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 Warwick

At least 579 Trulia users voted on each feature.

  • 88 % Say parking is easy

  • 88 % Say it's dog friendly

  • 88 % Say car is needed

  • 81 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 71 % Say people would walk alone at night

  • 67 % Say there's wildlife

  • 63 % Say it's quiet

  • 60 % Say kids play outside

  • 57 % Say it's walkable to restaurants

  • 53 % Say neighbors are friendly

  • 52 % Say they plan to stay for at least 5 years

  • 51 % Say streets are well-lit

  • 46 % Say there are sidewalks

  • 44 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rebecca Warner
    "Good schools. Convenient shopping. Minutes from Providence and 45 minutes to Boston.lots of nice parks and schools with playgrounds."
    0
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  • Hms1960
    "I’ve lived here for 10 years and love it!!! I love living by the ocean! Everything is 5 miles or less to get to. Airport, train, hospital and a lot of stores!"
    0
    Flag
  • Howard.a.merten
    "Very nice people, diverse ages and wealth, good mix. Friendly, sense of community. We talk to our neighbors. "
    0
    Flag
  • 4kentheroad
    "It’s a very family friendly area and for the most part very quiet and peaceful. Close to a lot of amenities "
    0
    Flag
  • Paul Tremblay
    "I grew up in this neighborhood and bought my own home here 3 years ago. Family homes, walkable and safe for the most part."
    0
    Flag
  • Howard.a.merten
    "Gaspee Days are a special time in our neighborhood, great for the whole family. Parade, fireworks, craft fair. Pawtuxet Village is also a lively gem. "
    0
    Flag
  • Zachary Lyons
    "Commuting is great have access to all highways and cities around every corner it is amazing I highly recommend living here "
    0
    Flag
  • 4kentheroad
    "Halloween parade through the neighborhood with a escort by police and firefighters and most everyone in the neighborhood participates in passing out candy "
    0
    Flag
  • Tbella9
    "They blow through the stop signs without even tapping their breaks. As long as you have a yard you’re safe "
    0
    Flag
  • Dillonevansjr
    "Friendly and safe. Everyone we have met has been very welcoming. Also centrally located in RI and right near highway access "
    0
    Flag
  • Alicia Cotrone
    "Have a trashy neighbor but other than that everyone is super kind, kids feel safe, dog friendly neighborhood "
    1
    Flag
  • Trulia User
    "Lots of dog walkers always on leash, but no sidewalks, lots of cars parked on the road so it’s hard to get around. "
    2
    Flag
  • Trulia User
    "Nothing! People walk their dogs all the time. Quiet neighborhood, people respect each other’s property. "
    1
    Flag
  • Danyal Y.
    "There is a dog park nearby at the local City Park. I’ve been multiple times with both my pups and never had any issues. "
    9
    Flag
  • S. C.
    "Great access to the highways, PVD, and TF Green Airport. Some traffic on Route 4 and Interstate 295 during peak rush hour, but nothing like city traffic. "
    5
    Flag
  • Chelsea R.
    "Great dog park at City Park in Warwick! Even a hose to fill the available water dishes very large and roomy for dogs to run in shade and sun! "
    4
    Flag
  • Kerri C.
    "there's a bus stop right around the corner, and the driving isn't too hectic, as long as people actually obey traffic laws "
    0
    Flag
  • Petterson G.
    "Warwick is convenient and safe. close to everything and less stressful than Providence. I lived in here for almost two years and I like it."
    2
    Flag
  • Erik L.
    "The dog park is great, very animal friendly , clean and great people! I lived here for 6 years now and love it here"
    8
    Flag
  • Lisa J.
    "Short. No traffic. Easy to navigate No highways. Not long. Easy to drive. No traffic Short "
    0
    Flag
  • Dave S.
    "I have lived in Warwick for 20 years and enjoy living here today. the town has beaches, restaurants on the water along with fine dining. "
    2
    Flag
  • Raceday
    "the people who live here make all the difference in the world. it has always felt like home right from the first week 20 years ago when we first stepped foot in our house."
    0
    Flag
  • Angela P.
    "Meadowbrook is a very quiet neighborhood. Everyone is friendly and yards are always kept up nicely. "
    12
    Flag
  • Raceday
    "I've lived In this neighborhood for 20 and have never had a bad day here. we would have to have a good reason go leave which doesn't seem possible. "
    0
    Flag
  • Tara E.
    "everyone has a doggie or 2! great neighborhood, wide sidewalks, plenty of route options. leash law is common. i don't think there is local dog park, but possibly a wuixk drive to nearest."
    1
    Flag
  • Ajtwed
    "Other dogs barking late at night when your own dog doesn’t make a sound. Hours upon hours of it. Really gets annoying "
    7
    Flag
  • Mattferreira90
    "Love it here!!!!!! Everyone’s friendly and nice cute lil shops and stores around too!!!!!!!!!gvggbgbhbb"
    3
    Flag
  • Ladyjohannapadilla.lp
    "all good with the neighborhood I love it. is a good place to leave I wish to find another house for rent closed here"
    6
    Flag
  • Alicia C.
    "Many young families, very Convenient location grocery stores Dunkin’ Donuts banks are all very very close by usually walking distance"
    2
    Flag
  • Rgilbert394
    "I’ve lived in Warwick for 15 years. I just love it. Roads are decent. People are nice. Easy to access highways, gas stations, etc "
    2
    Flag
  • Danielle568
    "It’s a quiet safe and friendly neighborhood. Have lived here 4ys and I love it. Just be careful on the main road "
    4
    Flag
  • Robin D.
    "Only 7 miles to the capital city and literally everything you need is within 10 minutes drive or less"
    3
    Flag
  • Michael J.
    "Very quiet and safe neighborhood. Everyone is very friendly and never have any issues. My family loves it here"
    2
    Flag
  • Chuck A.
    "Rhode Island is 45 miles long and just 25 miles wide. It’s the smallest state in the union, as well as the 13th colony. It’s a amazing place to visit."
    3
    Flag
  • Gina R.
    "Main Street strolls are always excellent and Main Street has a lot to offer in restaurants and many other fabulous shops"
    1
    Flag
  • Jusman420.jp
    "I’ve lived in this neighborhood for 5 years now and the street I live on the neighbors are very nice and helpful. Can be traffic heavy and loud during the summer. "
    0
    Flag
  • Lacy R. M.
    "neighbors are way too nosey. taxes are way too high. warwick is overrated and over policed. I'll be happy to be out. "
    4
    Flag
  • Seedahw
    "It's very quiet and so I don't get to see my neightbors often. Very safe. I arrive home @ 3:00 am with no problem."
    1
    Flag
  • Trulia User
    "Drive to Providence. Usually takes about fifteen minutes, but traffic seems to be getting heavier lately."
    0
    Flag
  • Melanie M.
    "very safe community and people know each other. nice neighborhood with a lot of people and kids. I've lived here for over 15 years and love it."
    0
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Homes for sale near 48 Lane #2

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Off Market Homes Near 48 Lane #2

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright © 2026 State-Wide MLS, Inc. All rights reserved.