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$324,000 Just Listed
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Property Description
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
Full Property Details
Full Property Details for 470 Shippee Rd
General
- Price: $324,000
- Taxes: $4,366 (2026)
- Status: Active
- Type: Lots/Land
- Source: STWMLS
- MLS ID: 1411843
- Updated: 5/29/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Residential
Additional Information
- Tennis: Yes
Location
- County: Kent
- Subdivision: Shippee
- Near Highway: Yes
Utilities
- Water: Well
- Well: Yes
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 0
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 1.48
- Lot Size (Sq. Ft.): 64,469
- Lot Size: 64469
- Street Lights: Yes
- Topography: Level
- Lot Features: Level
- Potential Use: Single Family
- Zoning: Residential
- Fencing (Description): Electric
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Horses Allowed
Financial Considerations
- Tax Amount: $4,366
- Tax Year: 2026
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: 470SHIPPEERDEGRN
- Lot Number: 019-017
Listed by RI Real Estate Services
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Schools
Schools serving 470 Shippee Rd
School District:East Greenwich School District
| Name | Grades | Distance |
|---|---|---|
Frenchtown School 1100 Frenchtown Road, East Greenwich, RI 02818 | K-2 | 2 mi |
James H. Eldredge School 101 1st Avenue, East Greenwich, RI 02818 | 3-5 | 5.3 mi |
Archie R. Cole Middle School 100 Cedar Avenue, East Greenwich, RI 02818 | 6-8 | 4.8 mi |
East Greenwich High School 300 Avenger Drive, East Greenwich, RI 02818 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 470 Shippee Rd
Date
Details
Price
Change
Source
5/29/2026
Listed
$324,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 470 Shippee Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,366
6%
$280,400
—
2024
$4,130
-3%
$280,400
45%
2023
$4,237
2%
$193,900
—
2022
$4,153
2%
$193,900
—
2021
$4,074
-11%
$193,900
-1%
2020
$4,595
1%
$196,100
—
2019
$4,551
1%
$196,100
—
2018
$4,510
-15%
$196,100
-13%
2017
$5,316
-2%
$224,700
—
2016
$5,413
2%
$224,700
—
2015
$5,321
1%
$224,700
—
2014
$5,252
15%
$225,800
—
2013
$4,548
—
$225,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 470 Shippee Rd
470 Shippee Road, East Greenwich, RI 02818 (MLS# 1411843) is a Lots/Land property with a lot size of 1.48 acres. 470 Shippee Road is currently listed for $324,000 and was received on May 29, 2026. Want to learn more about 470 Shippee Road? Do you have questions about finding other Lots/Land real estate for sale in East Greenwich? You can browse all East Greenwich real estate or contact a Coldwell Banker agent to request more information.

