470 Shippee Road

**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 flat and lightly wooded with classic stone walls, mature plantings, and seasonal flowers, creating an inviting backdrop for a future custom home or small hobby/equestrian use. DEM site eval; OWTS Inspection Report and Soil Eval 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. **Also listed as a SFH under MLS Listing #1411833