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$430,000 Just Listed
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Property Description
*** Builders and Contractors take notice*** Rare waterfront opportunity with endless potential! Situated on a desirable 0.12-acre waterfront lot on Island Park, this property offers a unique chance for contractors, builders, investors, or buyers looking to create their dream home. The existing residence features 3 bedrooms, 1 full bathroom, and approximately 994 square feet of living space, but will require substantial renovation or a complete redevelopment. Whether you choose to restore or start fresh with a brand-new custom build that can potentially expand on its current size the value lies in the exceptional waterfront setting and the possibilities this property presents. With limited waterfront parcels available, this is a rare opportunity to secure a prime location and bring your vision to life. The existing footprint provides a foundation for future expansion, while the lot offers the potential to maximize water views and create a truly special property. Being sold as-is. Buyers to conduct their own due diligence regarding redevelopment, expansion, and building possibilities. Don't miss this chance to transform a waterfront property into something extraordinary.
Full Property Details
Full Property Details for 177 Cedar Ave
General
- Price: $430,000
- Taxes: $7,358 (2025)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1415126
- Updated: 6/11/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other
Interior
- Number of Rooms: 6
- Interior Features: Interior Steps, Stall Shower
- Fireplace(s): None
- Appliances: Oil Water Heater
- Flooring: Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Total Spaces: 3
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Island Park
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Oil
Utilities
- Sewer: Septic Tank
- Water: Connected
Structural Information
- Detached/Attached: Detached
- Construction: Drywall, Clapboard
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 1570
- Square Feet: 1,570
- Living Area: 1,570 Sq. Ft.
- Finished Total: 1,570 Sq. Ft.
- Finished Above Grnd: 994 Sq. Ft.
- Finished Below Grnd: 576 Sq. Ft.
- Year Built: 1930
Lot Features
- Property View: Water
- Lot Size (Acres): 0.1226
- Lot Size (Sq. Ft.): 5,341
- Lot Size: 5341
Water Features
- Water View: Yes
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $7,358
- Tax Year: 2025
Disclosures and Reports
- Property ID: 177CEDARAVPORT
- Block: 137
- Lot Number: 1
Listed by Castle Keep Realty Corp.
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Schools
Schools serving 177 Cedar Ave
School District:Portsmouth School District, Portsmouth, RI
| Name | Grades | Distance |
|---|---|---|
Howard Hathaway School 53 Tallman Avenue, Portsmouth, RI 02871 | K-4 | 0.9 mi |
Portsmouth Middle School, Portsmouth, RI 125 Jepson Lane, Portsmouth, RI 02871 | 5-8 | 5.6 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 177 Cedar Ave
Date
Details
Price
Change
Source
6/11/2026
Listed
$430,000
—
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 177 Cedar Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,358
1%
$554,100
—
2024
$7,303
3%
$554,100
—
2023
$7,081
35%
$554,100
64%
2022
$5,256
2%
$337,800
—
2021
$5,172
2%
$337,800
—
2020
$5,091
31%
$337,800
42%
2019
$3,900
3%
$237,800
—
2018
$3,798
4%
$237,800
—
2017
$3,667
1%
$237,800
4%
2016
$3,646
1%
$227,900
—
2015
$3,601
—
$227,900
—
2014
$3,601
-14%
$227,900
-21%
2013
$4,182
—
$287,800
—
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 177 Cedar Ave
177 Cedar Avenue, Portsmouth, RI 02871 (MLS# 1415126) is a Single Family property with 3 bedrooms and 1 full bathroom. 177 Cedar Avenue is currently listed for $430,000 and was received on June 11, 2026. Want to learn more about 177 Cedar Avenue? Do you have questions about finding other Single Family real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

