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0 Middle Road

East Greenwich, RI 02818
  • $4,000,000
  • STATUS: Active
  • MLS #: 1327484
UPDATED: 18 min ago
$4,000,000
  • 0
    BEDS
  • 102.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

This 102+ acre parcel of land, located directly in-between two luxury neighborhoods in the highly desirable town of East Greenwich, offers a very rare and unique opportunity. With such large parcels seldom becoming available in East Greenwich, this property offers an amazing development opportunity or the chance to build an extraordinary private residence or family compound. Its location is fantastic, nestled between "The Woods" and "High Hawk"--two luxury neighborhoods with estate-quality homes selling well over $1M, and yet it's mere minutes to the charming town's marinas, fine restaurants, cafes, boutique shops, and top-ranked schools. An engineer's site yield plan estimates the parcel can support 43 two-acre house lots in a conventional subdivision, with potential for smaller-sized lots in a cluster development. While primarily wooded, the parcel also includes about 10% cleared fields, plenty of historic stonewalls, and 3 access points for potential connection to the abutting neighborhoods. An easy commute to Providence or Newport and other coastal towns and beaches, a short drive to area train stations and ferries, and only 20 minutes to RI's international airport. The taxes & assessment reflect its current designation in the State's forest and open space program. With high-performing schools consistently ranked among the top 2 in the state, a charming town center with easy ocean access, and a fabulous, commutable location, this is an ideal development opportunity.

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[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Welchman Real Estate Group | Keller Williams Realty of Newport are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Welchman Real Estate Group | Keller Williams Realty of Newport. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-01-27T18:37:53.53.
www.welchmanrealestate.com/homes/135736102
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0 Middle Road East Greenwich, RI 02818

  • Price: $4,000,000
  • Status: Active
  • On Site: Days
  • Updated: 18 min ago
  • MLS #: 1327484
0
Beds
0
Baths
0
½ Baths
102.47
Acres
Neighborhood:
Abutting "The Woods" Development
County:
Kent
Area:
East Greenwich
Property Description
This 102+ acre parcel of land, located directly in-between two luxury neighborhoods in the highly desirable town of East Greenwich, offers a very rare and unique opportunity. With such large parcels seldom becoming available in East Greenwich, this property offers an amazing development opportunity or the chance to build an extraordinary private residence or family compound. Its location is fantastic, nestled between "The Woods" and "High Hawk"--two luxury neighborhoods with estate-quality homes selling well over $1M, and yet it's mere minutes to the charming town's marinas, fine restaurants, cafes, boutique shops, and top-ranked schools. An engineer's site yield plan estimates the parcel can support 43 two-acre house lots in a conventional subdivision, with potential for smaller-sized lots in a cluster development. While primarily wooded, the parcel also includes about 10% cleared fields, plenty of historic stonewalls, and 3 access points for potential connection to the abutting neighborhoods. An easy commute to Providence or Newport and other coastal towns and beaches, a short drive to area train stations and ferries, and only 20 minutes to RI's international airport. The taxes & assessment reflect its current designation in the State's forest and open space program. With high-performing schools consistently ranked among the top 2 in the state, a charming town center with easy ocean access, and a fabulous, commutable location, this is an ideal development opportunity.
Exterior Features

Frontage Length 623 Lot Features PrivateSecludedLevelRolling SlopeWoodedWetlands Topography LevelRollingRough Vegetation Wooded

Property Features

Association Fee 0 Community Features GolfHighway AccessMarinaNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S) Development Status Raw Land Land Lease YN No Possible Use DevelopmentResidential Road Frontage Type City Street Road Surface Type Asphalt Senior Community YN No Tax Annual Amount 2058 Tax Assessed Value 96059 Tax Lot 15-5 Tax Year 2022 Utilities OtherWater Available Water Source Public Wooded Area 90 Zoning F2 Zoning Description Residential

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Lila Delman Compass: [IDXCONTACTINFORMATION].



[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Welchman Real Estate Group | Keller Williams Realty of Newport are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Welchman Real Estate Group | Keller Williams Realty of Newport. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-01-27T18:37:53.53.
 
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Welchman Real Estate Group | Keller Williams Realty of Newport
18 Commons
Little Compton RI, 02837