470 Shippee Road East Greenwich, RI $ 324,000
470 Shippee Road
$ 324,000
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470 Shippee Road

East Greenwich, RI, 02818
$ 324,000
Bedrooms2 Baths1.0 Sq 865

Monthly Estimate*

$ 1,995

470 Shippee Road, East Greenwich, RI 02818 - Image 1
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Single Family Home for sale in East Greenwich, RI

for $324,000 with 2 bedrooms and 1 full bath. This 865 square foot home was built in 1945 on a lot size of 1.48.

**Highest & Best Due Saturday, 5/30 by 12:30 PM** In the heart of desirable East Greenwich where South Road becomes Shippee Road, this 1.48-acre parcel offers a rare opportunity for a new build in a peaceful country setting. The land is mostly flat and lightly wooded with classic stone walls, mature plantings, and seasonal flowers; an inviting backdrop for a future custom home or small hobby/equestrian use, subject to approvals. Upon property transfer, the zoning will change from F2 to F1. DEM Site Eval, OWTS Inspection Report and Soil Eval Report Available. The existing cottage is a tear-down: it sits on cinder blocks, has no permanent heat source (wood stove only), and will not qualify for conventional, FHA, VA, or rehab/construction financing. If purchasing as a single-family residence with the existing structure, cash buyers only. If purchasing as land, specialized land/lot financing may be obtainable, subject to lender requirements and buyer due diligence. The well and cesspool do not meet current code and will require buyer replacement. Do not walk the property without an agent present; access is by appointment only. See MLS#1411843 for vacant land listing

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Single Family Active

Price

$ 324,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 4,366

Style

Lot Size

1.48

Year Built

1945

Town/City

East Greenwich

County/Region

Kent

MLS | Web ID

1411833

Features
General
Sewer Cesspool
Heating None Wood
Cooling None
Possession Close Plus 45 to 90 Days Negotiable
Zoning F2
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1945
Electric Fuses
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Community Features Golf Highway Access Marina Near Hospital Near Schools Recreation Area Restaurant Shopping Tennis Court(s)
County Kent
New Construction false
Property Type Residential
Subdivision Name Shippee
Garage Y/N false
Other Structures Barn(s)
Total Rooms 4
Full Baths 1
Status Active
City East Greenwich
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 64469
Land Lease Y/N false
Tax Annual Amount 4366
Virtual Tour https://tour.RiLiving.com/470-Shippee-Road-East-Greenwich-RI-02818--1411833
Standard Status Active
Tax Assessed Value 280400
Tax Lot 019-017
Property Sub Type Additional Single Family Residence
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Interior
Basement None
Flooring Carpet Ceramic Tile Laminate
Total Fireplaces 0
Fireplace Features None
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Half Baths 0
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
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Exterior
Parking Features No Garage
Water Source Well
Total Parking 4
Lot Size Area 64469
Foundation Details Block
Building Area Total 865
Lot Size Acres 1.48
Covered Spaces 0
Horse Y/N true
Horse Amenities Horses Allowed
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* Excluded Features
List By
Ri Real Estate Services

Broker

liz@eccolimited.com

Email

Affordability Calculator

$2,359
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,995
Monthly Property Taxes
$364
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
5/29/2026$324,000 Listed Price

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470 Shippee Road, East Greenwich, RI, 02818 is a Single Family Home for sale at $324,000 with 865 sqft and a lot size of 1.48. 470 Shippee Road has 2 bedrooms, 1.0 baths, and was built in 1945. The property's zip code is 02818 which is in East Greenwich, RI