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00 Wapping Road, Portsmouth, RI 02871
$1,850,000
00 Wapping Road, Portsmouth, RI 02871View this property at 00 Wapping Road, Portsmouth, RI 02871
00 Wapping RoadPortsmouthRI02871
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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!
Full Property Details
Full Property Details for 00 Wapping Rd
General
- Price: $1,850,000
- Taxes: (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: 1340866
- Updated: 4/1/2024
- Added to Site: 288 day(s) ago
Location
- County: Newport
- Subdivision: Briarwood Lane
Utilities
- Water: Connected, Multiple Meters, Public
- Utility Description: Electricity Available, Municipal Utilities, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Other
- Stories/Levels: 0
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 7
- Lot Size (Sq. Ft.): 304,920
- Lot Size: 304920
- Topography: Level
- Lot Features: Multiple lots, Level
- Potential Use: Residential, Single Family
- Zoning: Residential
Financial Considerations
- Tax Year: 2023
- Terms: Owner May Carry
Disclosures and Reports
- Compensation Comments: Compensation to exclude any seller paid closing costs or credits.
- Documents Avail.: Aerial
- Property ID: 00WAPPINGRDPORT
- Lot Number: 65A & 65B
Listed by RE/MAX Profnl. Newport, Inc.
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Schools
Schools serving 00 Wapping Rd
School District:Portsmouth Schools
Rating | Name | Grades | Distance |
---|---|---|---|
120 Education Ln, Portsmouth, RI 02871 | 9-12 | 4.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 00 Wapping Rd
Date
Details
Price
Change
Source
10/18/2023
Price Reduced
$1,850,000
-15.91%
MLS
8/03/2023
Listed
$2,200,000
—
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 00 Wapping Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,534
-7%
$354,800
14%
2022
$4,858
2%
$312,200
—
2021
$4,780
2%
$312,200
—
2020
$4,705
-11%
$312,200
-4%
2019
$5,309
3%
$323,700
—
2018
$5,169
-17%
$323,700
-20%
2017
$6,239
35%
$404,600
40%
2016
$4,624
1%
$289,000
—
2015
$4,566
—
$289,000
—
2014
$4,566
-8%
$289,000
-16%
2013
$4,982
—
$342,900
—
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 00 Wapping Rd
00 Wapping Road, Portsmouth, RI 02871 (MLS# 1340866) is a Lots/Land property with a lot size of 7 acres. 00 Wapping Road is currently listed for $1,850,000 and was received on August 03, 2023. Want to learn more about 00 Wapping Road? Do you have questions about finding other Lots/Land real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.