Price Reduced 15.91%
Price History
$2,200,000
8/3/2023
$1,850,000
10/18/2023
00 Wapping Road, Portsmouth, RI, 02871
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!
Status:
Pending
Type:
Lot / Acreage
Zoning:
R40
Frontage:
112
Subdivision:
Briarwood Lane
Acreage:
7
Assessment
$521,700
Permitted Use
Residential,Single Family
Construction
Other
Utilities
Electricity Available,Municipal Utilities,Water Connected
Lot Description:
Multiple lots,Level
Amenities:
Golf, Marina, Near Schools, Recreation Area, Restaurant, Shopping
Days on Market:
242
MLS #:
1340866
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of RE/MAX Profnl. Newport, Inc. Phone: 401-849-0100