$353,450
$324,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
470 Shippee RD East Greenwich, RI 02818
2 Beds
1 Bath
865 SqFt
Key Details
Sold Price $353,450
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 865 sqft
Price per Sqft $408
Subdivision Shippee
MLS Listing ID 1411833
Sold Date 08/19/26
Style Cabin
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 865
Year Built 1945
Annual Tax Amount $4,366
Tax Year 2025
Lot Size 1.900 Acres
Acres 1.9
Property Sub-Type Single Family Residence
Property Description
**Highest & Best Due Saturday, 5/30 by 12:30 PM** 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 mostly flat and lightly wooded with classic stone walls, mature plantings, and seasonal flowers; an inviting backdrop for a future custom home or small hobby/equestrian use, subject to approvals. Upon property transfer, the zoning will change from F2 to F1. DEM Site Eval, OWTS Inspection Report and Soil Eval Report 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.
See MLS#1411843 for vacant land listing
Location
State RI
County Kent
Community Shippee
Zoning F2
Rooms
Basement None
Interior
Heating None, Wood
Cooling None
Flooring Carpet, Ceramic Tile, Laminate
Fireplaces Type None
Fireplace No
Appliance Electric Water Heater
Exterior
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
Total Parking Spaces 4
Garage No
Building
Story 1
Foundation Block
Sewer Cesspool
Water Well
Architectural Style Cabin
Level or Stories 1
Additional Building Barn(s)
Structure Type Wood Siding
New Construction No
Others
Senior Community No
Tax ID 470SHIPPEERDEGRN
Horse Property true
Financing Cash
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