$1,800,000
$1,850,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
00 Wapping RD Portsmouth, RI 02871
7 Acres Lot
Key Details
Sold Price $1,800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Briarwood Lane
MLS Listing ID 1340866
Sold Date 07/24/24
HOA Y/N No
Tax Year 2023
Lot Size 7.000 Acres
Acres 7.0
Property Description
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!
Location
State RI
County Newport
Community Briarwood Lane
Zoning R40
Exterior
Community Features Golf, Marina, Near Schools, Recreation Area, Restaurant, Shopping
Utilities Available Electricity Available, Municipal Utilities, Water Connected
Topography Level
Street Surface Asphalt,Unimproved
Building
Lot Description Multiple lots, Level
Water Connected, Multiple Meters, Public
Additional Building Outbuilding
Structure Type Other
New Construction No
Others
Senior Community No
Tax ID 00WAPPINGRDPORT
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Financing Cash
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Bought with Gustave White Sotheby's Realty