CCertihomes
73 Woodville, Richmond, RI 02832

$5,300,000

0 beds 0 baths Active

About this home

Welcome to an extraordinary opportunity in Rhode Island! Nestled on 84.64 acres of pristine land, this property offers endless possibilities for developers, equestrian-enthusiasts, and families alike. Be captivated by the potential of this expansive parcel. With two picturesque ponds offering waterfront views and scenic walking trails, envision creating an idyllic community boasting 50+ condos. Boasting 4, 500 feet of road frontage and situated directly across from the esteemed Richmond Country Club, this is one of the rarest development opportunities in Rhode Island. The R-3 zoning allows for the potential construction of 15-27 single-family homes, making it a versatile canvas for innovative projects. Transform it into a thriving horse farm, complete with income-generating boarding facilities. The tranquil ponds lend themselves perfectly to scenic riding trails, promising an unparalleled experience for horse lovers. Situated in an award-winning school district and just a short drive from beaches, it offers the perfect blend of seclusion and accessibility. Imagine the joy of living amidst nature's splendor, with ample space to create individual retreats. The two ponds offer recreational opportunities year-round. This property transcends categorization, offering something truly unique in Rhode Island's real estate landscape. With more acreage than anything else on the market, it presents a rare chance to shape your vision into reality.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$62,590/mo

Real estate (PITI + HOA + PMI)
$37,556
Principal + interest$24,038
Property tax + insurance$11,530
PMI / 2nd mortgage$1,988
Utilities
$53,588
Heating + cooling$26,641
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$133
Car insurance + maintenance$133
Other (entertainment)
$140
$62,590/mo TLC
Budget$63,090/mo
Remaining after TLC$500/mo
Purchase price
$5,300,000
Down payment
$265,000 (5%)
Loan amount
$5,035,000
APR
4%

Quick facts

Type
Land
Style
Year built
Lot size
84.64 ac
Stories
0
Heating
Cooling
Water
None
HOA
Annual tax
$5,110
MLS #
1356374
County
Washington

At a glance

Waterfront

Lot features

Rural, Wooded

Neighborhood — 02832

MetricThis ZIPCountyUSA
Population1,4771,095,423299,088,112
Population Change Since199034.00%9.00%20.00%
Population Density54994
Male746529,266147,432,321
Female732566,157151,655,844
Never Married288266,40463,775,926
Married703435,678123,120,365
Separated2843,64212,639,686
Widowed6266,66815,467,586
Divorced11483,84323,075,029
Number Of House Hold492410,399111,826,380
Average House Hold Size3.002.562.60
Medial Age37.2637.2735.46
Median House Hold Income$64,631$47,553$48,276
Average House Hold Income$74,609$61,609$63,629
P C I$24,985$23,965$24,529
M D I$53,273$40,634$41,133
A T H E$57,687$49,940$50,898
S T R7.00%7.00%
W C J77.92%78.02%77.74%
(Zip) Code
2832

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 4/11/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.