Under Contract

00 Wapping Road

Portsmouth RI, 02871

$1,850,000


$6.07 per sqft

Under Contract

7 Acres

Land

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!

1340866

MLS ID

August 3, 2023

Listed

April 1, 2024

Updated

Map

00 Wapping Road
Portsmouth RI, 02871

Exterior/Building Features

Lot Size

7 Acres


Lot Features

Multiple lots, Level

Other Property Details

Days on Market

242


Garage

No


View

No


County

Newport


Water Source

Connected, Multiple Meters, Public


Pool

No


Zoning

R40


Buyer Agency Compensation

2.5% VNS

Listing History

Date

Event

Price

4/1/2024

Under Contract

 

Courtesy of RE/MAX Profnl. Newport, Inc.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 3:10 PM UTC, 4/1/2024.

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