454 Ocean Avenue Block Island, RI $ 2,400,000
454 Ocean Avenue
$ 2,400,000
New Construction
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454 Ocean Avenue

Block Island, RI, 02807
$ 2,400,000
Bedrooms2 Baths1.1 Sq 2,088

Monthly Estimate*

$ 14,777

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Single Family Home for sale in Block Island, RI

for $2,400,000 with 2 bedrooms and 1 full bath, 1 half bath. This 2,088 square foot home was built in 1933 on a lot size of 0.2847.

Perfectly positioned between Old Harbor and New Harbor, this Residential/mixed-use property offers possibility in one of Block Island's most desirable locations and set within the service commercial zone. The building combines a brand-new upstairs residence with a flexible first-floor space awaiting your vision. The second floor features a thoughtfully designed 2-bedroom, 1-bathroom apartment with modern finishes, the convenience of town water and sewer, and beautiful views from the spacious northeast-facing deck. Whether used as an owner's residence, staff housing, or rental, this turnkey space provides immediate value. On the first floor, the options are wide open. Bring to life a coffee shop, boutique, restaurant with potential outdoor dining, or any number of retail or service concepts. The space includes a handicapped accessible bathroom and 8+ on-site parking spaces, a rare and valuable amenity on the island. This property is surrounded by steady foot traffic between the island's two main hubs of dining, shopping, and entertainment. It's a location that offers both visibility and convenience making it the perfect place to create something meaningful for the community while enjoying the unmatched quality of island life. With its ideal location, flexible zoning, and built-in infrastructure, this property presents an inspiring opportunity to establish your vision in one of New England's most unique and cherished destinations.

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Single Family Active

Price

$ 2,400,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 2,116

Style

Lot Size

0.2847

Year Built

1933

Town/City

Block Island

County/Region

Washington

MLS | Web ID

1403432

Features
General
Sewer Public Sewer
Heating Ductless Electric
Cooling Ductless
Possession Negotiable
Zoning SC
Garage Spaces 0
Construction Materials Drywall Clapboard
Year Built 1933
Electric 200+ Amp Service Circuit Breakers Separate Meters 220 Volts
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Community Features Pool Recreation Area Restaurant Shopping
County Washington
New Construction true
Property Type Residential
Garage Y/N false
Total Rooms 4
Full Baths 1
Status Active
City Block Island
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 12400
Land Lease Y/N false
Tax Annual Amount 2116
Property Condition Under Construction
Virtual Tour https://tour.RiLiving.com/454-Ocean-Avenue-Block-Island-RI-02807--1403432
Standard Status Active
Tax Assessed Value 706600
Tax Lot 35
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Interior Steps Stall Shower
Basement None
Flooring Ceramic Tile Hardwood
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
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Exterior
Parking Features No Garage
Water Source Public
Total Parking 8
Lot Size Area 12400
Foundation Details Block Concrete Perimeter
Building Area Total 2088
Lot Size Acres 0.2847
Frontage Length 212
Covered Spaces 0
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* Excluded Features
List By
Ballard Hall Sales Group

Broker

robin02807@yahoo.com

Email

Affordability Calculator

$14,954
Per Month
99%
1%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$176
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
1/18/2026$2,400,000 Listed Price

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454 Ocean Avenue, Block Island, RI, 02807 is a Single Family Home for sale at $2,400,000 with 2,088 sqft and a lot size of 0.2847. 454 Ocean Avenue has 2 bedrooms, 1.1 baths, and was built in 1933. The property's zip code is 02807 which is in Block Island, RI