Address
00 Wapping Road, Portsmouth, RI
Price
$ 2,200,000
Property Attributes
- MLS#1340866
- TypeLand
- CountyNEWPORT
- CityPortsmouth
- NeighborhoodBriarwood Lane
- Zip02871
- Style
- Price$ 2,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Introducing an exceptional opportunity for builders and developers, this prime 7-acre parcel is located on Wapping Road in the picturesque town of Portsmouth, Rhode Island. Boasting an enviable location near Newport National Golf Course, pristine beaches, shopping, and the vibrant downtown of Newport, this property offers incredible potential for development or creating a unique compound. Currently comprising two lots with the potential to subdivide into up to six 40,000 sq. ft. lots, this expansive acreage is an ideal canvas for visionary builders. Presently being utilized as a nursery, the property features a wealth of natural screening on the borders while the interior remains mostly cleared. A versatile building on the property can be conveniently used as a workshop during the construction process. The front lot faces Wapping Road, providing easy access and excellent visibility. Meanwhile, the 6.5-acre lot is currently accessed via right of way on Briarwood Lane, ensuring privacy and seclusion for future residents. This highly desirable location offers the best of both worlds: a serene, semi-rural setting within close proximity to the area's finest attractions and amenities. With convenient access to all these offerings without the need for main roads, future residents will truly enjoy the ultimate coastal Rhode Island lifestyle. Please note, all interested parties must obtain permission before walking or driving onto the lot. Don't miss this rare opportunity!
| Price History | |
|---|---|
| 8/3/2023 | Listed $2,200,000 |
General Features
| City | Portsmouth |
|---|---|
| Co-Listing Agent State License # | Res.0045143 |
| Community Features | Golf, Marina, Near Schools, Recreation Area, Restaurant, Shopping |
| Construction Materials | Other |
| County | Newport |
| Listing Agent State License | REB.0014586 |
| Listing Terms | Owner May Carry |
| Lot Size Square Feet | 304920 |
| Other Structures | Outbuilding |
| Possession | Negotiable |
| Possible Use | Development, Single Family, Residential |
| Property Type | Land |
| Standard Status | Active |
| Status | Active |
| Street Name | Wapping |
| Subdivision Name | Briarwood Lane |
| Tax Assessed Value | 521700 |
| Tax Lot | 65A & 65B |
| Tax Year | 2023 |
| Topography | Level |
| Utilities | Electricity Available, Municipal Utilities, Water Connected |
| Zoning | R40 |
| Zoning Description | Residential |
Interior Features
| Street Suffix | Road |
|---|
Exterior Features
| Buyer Agent Compensation | 2.5% VNS |
|---|---|
| Frontage Length | 112 |
| Lot Features | Multiple lots, Level |
| Lot Size Acres | 7 |
| Lot Size Area | 304920 |
| Lot Size Units | Square Feet |
| Road Surface Type | Asphalt, Unimproved |
| Water Source | Connected, Multiple Meters, Public |
| Wooded Area | 5 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 02871
Price
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