00 Wapping Road Portsmouth, RI $ 1,850,000
00 Wapping Road
$ 1,850,000
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00 Wapping Road

Portsmouth, RI, 02871
$ 1,850,000
Baths0.0

Monthly Estimate*

$ 12,923

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Studio

Lots and Land for sale in Portsmouth, RI

for $1,850,000. The lot size is 7.

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!

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Lots and Land Contingent

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

7

Town/City

Portsmouth

County/Region

Newport

MLS | Web ID

1340866

Features
General
Utilities ElectricityAvailable MunicipalUtilities WaterConnected
Possession Negotiable
Zoning R40
Construction Materials Other
Topography Level
Tax Year 2023
Community Features Golf Marina NearSchools RecreationArea Restaurant Shopping
County Newport
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Contingency Soliciting Back-up Offers
Subdivision Name Briarwood Lane
Possible Use Residential SingleFamily
Garage Y/N N
Other Structures Outbuilding
Status ActiveUnderContract
City Portsmouth
Buyer Agent Compensation 2.5% VNS
View Y/N N
Senior Community Y/N N
Zoning Description Residential
Lot Size Square Feet 304920.0
Waterfront Y/N N
Carport Y/N N
Street Name Wapping
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 242
Standard Status ActiveUnderContract
Tax Assessed Value 521700
Tax Lot 65A & 65B
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Exterior
Lot Features Multiplelots Level
Water Source Connected MultipleMeters Public
Lot Size Area 304920.0
Spa N
Lot Size Acres 7.0
Wooded Area 5.0
Road Surface Type Asphalt Unimproved
Frontage Length 112
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Re/Max Profnl. Newport, Inc.

Broker

bill@SizelandTeam.com

Email

Affordability Calculator

$12,923
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,923
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/18/2023$1,850,000 -15.91% Price Down
8/3/2023$2,200,000 Listed Price

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00 Wapping Road, Portsmouth, RI, 02871 is a Lots and Land for sale at $1,850,000 with a lot size of 7. 00 Wapping Road is a studio with 0.0 baths. The property's zip code is 02871 which is in Portsmouth, RI