$5,300,000
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.
- Real estate (PITI + HOA + PMI)
- $37,556
- Utilities
- $53,588
- Transportation
- $133
- Other (entertainment)
- $140
Quick facts
At a glance
Lot features
Rural, Wooded
Neighborhood — 02832
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 1,477 | 1,095,423 | 299,088,112 |
| Population Change Since1990 | 34.00% | 9.00% | 20.00% |
| Population Density | 54 | 994 | — |
| Male | 746 | 529,266 | 147,432,321 |
| Female | 732 | 566,157 | 151,655,844 |
| Never Married | 288 | 266,404 | 63,775,926 |
| Married | 703 | 435,678 | 123,120,365 |
| Separated | 28 | 43,642 | 12,639,686 |
| Widowed | 62 | 66,668 | 15,467,586 |
| Divorced | 114 | 83,843 | 23,075,029 |
| Number Of House Hold | 492 | 410,399 | 111,826,380 |
| Average House Hold Size | 3.00 | 2.56 | 2.60 |
| Medial Age | 37.26 | 37.27 | 35.46 |
| 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 R | 7.00% | 7.00% | — |
| W C J | 77.92% | 78.02% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 4/11/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.